Anyone who offers properties for business trips or relocations is questioning COVID and its impact on short-term rentals. At this point in the pandemic, many questions have been answered to give you an idea of how things have changed. Since COVID-19 was designated a public health emergency in January 2020, the economy has significantly changed. The COVID impact on vacation rentals is no exception. This includes the rental market of furnished homes and condos rented for short periods ranging from days to months. Cleanliness Matters When clients rent out properties for short-term use, cleanliness has become more critical than...

If you’re having trouble bringing tenants to your corporate housing, you might think the best option is lowering the rental price. But before you do so, you should consider a few things. Dropping the price might not be the right option and could leave you making less money than you want. Look at Nearby Properties When choosing whether to negotiate rent prices or stand solid, look to your competition. There are a few things to consider when you make comparisons. For instance, look at homes in your neighborhood with similar numbers of bedrooms and bathrooms. Also, be aware of...