Corporate Housing Cancellation Policy

Is a Cancellation Policy Necessary for Short Term Rentals? Do You Have One?

If someone has booked a stay at one of your corporate properties and then later needs to cancel their trip, you are capable of setting up a corporate housing cancellation policy. When you do this, a certain percentage of your already obtained payment will be sent back to the person who cancels. However, not all circumstances are the same, so the percentage sent back depends upon how much the visitor has paid, not the entire amount of the reservation....

Weather-Related Risks to Your Corporate Rental Home

Five Unexpected Weather-Related Risks to Your Corporate Rental Home

Exposing a few of the hidden tricks up Mother Nature’s sleeve When considering insurance for your rental homes, you’re likely concerned about coverage for natural disasters. It’s important to know that some of the most common (and costly) home insurance claims aren’t from the disasters you might suspect, like hurricanes, floods, or earthquakes. Keep the following unexpected weather-related risks in mind when selecting your policy, so that you can be better prepared in the long run....

Corporate Housing

Red Flags to Watch for When Screening a Corporate Housing Tenant

Anyone who has been in the property management field for a long period of time can tell you that you begin to notice red flags immediately after enough experience. Someone calls in about one of your corporate rentals and you might get a feeling that something isn’t quite what it should be. However, most of the common red flags are easy to watch for even for those without tons of experience. We’d like to share them with you today....

Choosing the right real estate property

Should You Market Your Corporate Rental to Homeowners?

In one of our articles from a few years ago, we addressed the issue of whether your homeowners insurance would pay for extended stay lodging in the event your home became unlivable. The long and short if it was that not all insurers do provide this coverage, but since that time many have added such provisions. After all, with more and more areas experiencing extremes in weather, more and more homes are damaged by flood, fire, water and wind or lightning. This can sometimes force homeowners out for lengthy periods while repairs are made (up to six months at...

Happy tenants

Creating Basic Rules for Corporate Tenants of Your Rental Properties

If you are a property owner who is frequently host to a corporate tenant, you may be making assumptions that can lead to confusion or trouble. For example, you may simply assume that each corporate tenant makes themselves familiar with the “house rules” at the time they sign their rental agreement or begin to enjoy their stay. However, it is really up to you, the landlord, to ensure that there are 1) basic rules in place and 2) that you take time to familiarize each tenant with them. Doing this ensures that your furnished apartment or other type of...

Corporate Housing

Why Corporate Housing Is Ideal for Incoming Government Officials

When you use Google services, you trust us with your information. This Privacy Policy is meant to help you understand what data we collect, why we collect it, and what we do with it. This is important; we hope you will take time to read it carefully. And remember, you can find controls to manage your information and protect your privacy and security at My Account. There are many different ways you can use our services – to search for and share information, to communicate with other people or to create new content. When you share information with us,...

Corporate Housing

The Value of Corporate Housing by CHPA

Never underestimate the true economic value of corporate housing! In our ever changing world of hospitality choices it is easy to blur the lines from one lodging solution to the next. However as a lodging consumer or regulator it is vital to understand the differences so the sins of one product are not inadvertently applied to the wrong industry. CHPA, The Corporate Housing Providers Association is working diligently to better educated everyone on the differences and benefits of professionally managed business corporate housing rentals vs other rental options found in today’s share economy. Please help spread the word of the importance of professional corporate housing. The following...