Toronto corporate homes

Toronto Executive Rentals: Why to Pay Attention to This Location

The city of Toronto is a massive metropolitan area with over six million residents. With a diverse population and tons of different types of businesses in the city, it’s no surprise that Toronto executive rentals are a constant source of revenue, as shown in the Corporate Housing Providers Association Annual Report. Business professionals in the finance, aerospace, media, software, and medical research sectors spend time in the city and each has the need for an apartment rental in Toronto....

Corporate housing rentals

Easy Tenant Screening Options for a Corporate Housing Landlord

Tenant screening is an important aspect of being a corporate housing landlord, but sometimes it can seem overwhelming. In some cases, a landlord will skip the background check & credit check, whether because they aren’t sure how to handle it or because of the belief that it will cost too much. However, CHBO has worked hard to remove all of the guesswork out of the process by partnering with TransUnion with the MySmartMove program. So how easy is tenant screening for corporate housing? Unbelievably simple. All you need to do to start your first background or credit check on...

Corporate Rental Property

Tips for Corporate Rental Property Retention to Start the Year Off Right

Back in 2011, a study by SatisFacts estimated that the average cost of turnover for a rental property was as high as $3,900. When you take into account days lost to repairs, vacancy, professional cleaning, standard maintenance, and marketing, the cost of turnover can leap to several months of income if the property was being rented. Working for lease renewal is a great option and something all corporate housing managers should have strategies in place for. We have three that can help you on that path....

Customer satisfaction of Guests

How to Impress All 5 Senses of Your CHBO Guests

Many of us spend so much time in the digital world that we forget CHBO guests have access to a total of five senses rather than just one. When a potential corporate housing rental guest looks at your listing, you should be impressing them with attractive photos. However, once that guests get to the dwelling, you need to impress all five senses. We’re here to tell you how!...

Property manager for rentals

Annually How Much Do You Spend for the Management of Your Property?

As a corporate housing property manager, there are certain requirements. You need to spend money to manage the property in order to bring in renters and offer them a space they want to come back to another time. However, most people want to spend the least amount possible so they can ensure a large profit at the end of the year. Having an understanding of how much other housing managers are spending can help you decide if you’re doing all you should or if you need to invest more heavily....

Beach surfers at Hawaii

Top 5 tips for your accommodations during your temporary assignment or relocation to Hawaii

Determine the right accommodations to fit your needs If staying to 30+ days a furnished apartment or furnished home can make you stay more enjoyable and allow you to truly experience the unique culture of the island. Families will love a larger furnished home or if on your own a small condo or garden apartment footsteps from the beach might be best. Privately owned furnished properties offer a more unique living experience and allow you in to neighborhoods where hotels can not....

Boston Corporate Housing

Boston Furnished Rentals Can Have Inspiring Stories Behind Them

In 2013, we reported to you that Rebekah Gregory, a “friend in the corporate housing community… recovering from the bomb explosions in Boston.” She was gravely injured during the attacks at the finish line of the Boston Marathon on April 15, 2013. She was attending the event with her son and then boyfriend, and all three of them were seriously injured in the blast. While Rebekah suffered injuries to her limbs, and lost part of one leg, while requiring multiple surgeries, her son Noah sustained injuries to his lungs....

Corporate Housing survey

What is the Annual Occupancy Rate for Your Corporate Rentals?

Do you offer furnished housing for corporate guests? Have you ever sat down to think about how often you have an occupant in the provided corporate rental apartment? As of 2016, CHBO has been asking questions about this exact thing on the annual corporate housing real estate report. We’ll share the results below so you can get an idea of how your own homes stack up....

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....