Should You Market Your Corporate Rental to Homeowners?

Choosing the right real estate property

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 a time).

Blocks home

So, if you rent your furnished property as a corporate rental, it makes good sense to consider a bit of niche marketing towards homeowners and even insurance agents who offer policies through companies that cover extended stays. And of course, now is the perfect time to consider this new avenue as the summer season is right around the corner, and it is unfortunately the “season for water damage”.

Weather and Your Corporate Rental

Just consider that homeowners may need access to an extended stay due to damages to their home from a severe summer storm (rain, hail, wind, lightning, etc.), due to accidental flooding issues while they were on vacation (burst pipes, plumbing issues, and so on), and ground water problems that cause flooding inside of the home. If you rent your furnished property, it could be precisely the situation a standard household needs after their own home becomes uninhabitable.

This is even more the case if your corporate rental is one that has adequate accommodations for children and families with pets. The property is “turnkey” with the appliances and setting ideally suited to a family suddenly without a home. You can rent your furnished property as a home away from home to a family rather than as a corporate rental and earn the same income since the stay is paid for by insurance coverage.

Marketing Your Corporate Rental

Of course, you may want to know how to rent your furnished property to this unique group. The good news is that it is quite easy when you rely on the CHBO site to support all of your marketing efforts. Insurance providers are already looking into a corporate rental for some policy holders, and you can also get in touch with all of your area insurance agencies to alert them to the fact that you do rent your furnished property to more than corporate clients.

It is not at all difficult to develop new potential streams of income for your corporate rental, and homeowners in need of extended stay options may be that untapped market you have been needing.

City Spotlight: Toronto Executive Rentals by CHBO

Toronto City life

As one of the most flourishing cities in the world, Toronto is also home to thousands of Toronto executive rentals. In 2014, we reported that the city was bringing in hundreds of millions of dollars in rental fees (this was from the Corporate Housing Providers Association or CHPA). We decided to check back in with the city to see if owners of an apartment rental in Toronto or Toronto executive rentals were still making lots of income from their investments.

It took one look at the listings for Toronto Corporate Housing to see that the city was indeed still flush with premium rentals. The city has a population of more than two million, and is the commercial capital of the nation of Canada, so it makes sense that Toronto executive rentals are in abundance.

Toronto Corporate Housing

However, if you are on the lookout for an apartment rental in Toronto (whether for business or some other sort of extended stay), you need to know that you have a lot of options. There are the wonderful and popular high rise buildings of the downtown area, where an apartment rental in Toronto is easily found. Yet, the Toronto executive rentals can also include suburban areas and single family homes. This can allow you to savor the many delights of this city without being required to commute lengthy distances to get from work and home.

As we reported in that earlier article on Toronto’s many appealing features, it “is considered the cultural, entertainment and financial capital of Canada … If you are staying in Toronto don’t miss out on the summer fun and take a long weekend up North to the lakes for fun in the sun or South to Niagara on the Lake for culture and theatre.”

Yet, there is much to see and enjoy within the city itself, and is a good reason to consider an apartment rental in Toronto for your extended stay. Not only will you find yourself within walking distance of some premiere neighborhoods, but it is quite common for such rentals to have everything from high speed internet and home offices to maid services and world-class amenities within the buildings.

Finding the Ideal Toronto Executive Rentals

How do you go about finding the right home or apartment rental in Toronto? As we previously reported, experts advise the use of seven search terms to get the most appropriate returns. This is why the CHBO site is a popular resource. It allows corporations, travelers and others to hone their searches and get only the finest options for their needs.

As an example, if a firm is sending several employees to Toronto for a long term project, it might be appropriate to seek out a multi-bedroom home or apartment in a quieter area. However, a single executive working in the downtown district might prefer an apartment with amenities like a gym, parking and more. Being able to search for these options, and enjoy high quality images and photos means that listings are more likely to get the attention they need.

Custom built luxury houses in the suburbs of Toronto, Canada

If you are the owner of a Toronto property and wish to see it among the other high quality listings available, consider listing it with CHBO. They offer you an amazing array of resources (including a housing request form that lets potential renters get in touch directly with owners in specific areas) and can ensure that your target clients easily find the property based on simple but comprehensive search capabilities. They also highlight properties to help renters quickly find their perfect accommodation.

Property Spotlight: An Edwardian Executive Rental Fit for a King or Queen

Corporate housing apartment

Eclectic, diverse, and upscale. San Francisco’s Mission District has evolved over the years from gritty to trendy, worn to fresh. Hip bars, boutiques, taquerias, vegan cafes, and concert venues thrive now. The Spanish first arrived here in the 1770s; and later Irish, German, Italian and Asian immigrants made it a melting pot. Murals and Mariachis add a creative spark to a neighborhood favored by artists and highly sought after real estate. Drink craft beer and fair-trade coffee, dine at some of the city’s hottest and most innovative restaurants here in the outer Mission. Luckily, this is our stop for today’s Property Spotlight, an Edwardian that transcends even this lively neighborhood. Welcome to a CHBO Certified four-bedroom executive rental on the second floor of this Mission District Edwardian home. Completely renovated and stocked with high end materials and finishes, it’s just twenty minutes to the financial district, a block from Zuckerburg General Hospital, and close to shuttles and the BART.

Corporate housing

A San Francisco Corporate Rental Remodeled and Ready to Spoil You

San Francisco is famous for its architecture, and this Edwardian is indicative of the simpler, brighter styles that evolved from the city’s Victorians. Featuring overhanging turret style bay windows, the building is in one the city’s most famous areas, the Mission District, known for its central location and the best weather in town. It’s near the 101, the famous north-south California highway that will become the Golden Gate Bridge if you drive north after passing through some famous areas of the city, and to Los Angeles or San Diego if you head south. A Google shuttle stop is walking distance, as is the University of California San Francisco shuttle a block away. Public transport via the BART is less than a mile away.

On the second floor of the building this four-bedroom luxury family rental is available for stays of three months or longer, but whenever it is time to go you’ll be sad your time is up. This airy, bright completely remodeled flat is graced with clean, streamlined furniture and a modern look characterized by a neutral colors, polished surfaces, and symmetry. The living and dining rooms combine to be this home’s show piece. Cool blue fabric, white, and glass make for a calm and inviting space, as does the 50-inch large flat screen TV with cable and Wi-Fi. A panoramic bay window casts the sunlight over the modern décor and original re-sanded and finished hardwood floors. The adjacent dining room seats six. The gourmet kitchen features a six-burner stove, stainless steel double oven, dishwasher, microwave, toaster, blender, Keurig Coffeemaker, and large side-by-side refrigerator. The two full bathrooms feature tiles walk-in showers and another full bathroom with bathtub and designer tile. The four bedrooms are uniquely decorated and feature six beds, five full beds and a Queen. There is a new washer and dryer for laundry day.

Corporate Housing

A Short-Term Rental as a Base to Explore the City by the Bay

The Mission District is full of trendy bakeries, coffee shops, bars, and because this is a city of the world, many restaurants serving ethnic cuisines you’ll drool over. The cities’ oldest “Soda Fountain” shop is three blocks over, and this area is host to the best Mexican restaurants in the city. You can walk or travel by bus, BART, or cable cars in San Francisco, but here you won’t need to go far. Starr King Open Space, Potrero Hill Rec Center, and McKinley Square are all nearby green spaces where you can reconnect with nature. It’s only 12 minutes to AT&T Park to go see the San Francisco Giants, and the Embarcadero, Pier 39, and ferries to Alcatraz can be reached in around forty minutes. To the west, the Castro is a famous area for artists, while the massive Golden Gate Park is just twenty minutes from your new home away from home.

Corporate housing bedroom

An Executive Rental Surrounded by Legendary Businesses in a Legendary City

Visiting tech workers have close access to Postmates, AirBnB, Pinterest, Adobe, Square, Uber, Hired, Twitter, Foursquare, Indiegogo, Nanigans, and Adroll are well known tech firms located in South of Mission. Singular, Line2, Lookout Mobile, Trulia, Google, Zendesk, and Path are in the Mission itself. Financial corporate tenants can head to the Financial District to First Republic Bank, McKesson, Charles Schwab, and Wells Fargo. Don’t forget PG&E, salesforce.com, clothiers like The Gap, Williams-Sonoma, and Levi Strauss either. San Francisco State University, UCSF, the Art Institute of San Francisco, and USF are here for higher education travelers, while travel nurses will enjoy close access to Zuckerberg General, Sutter Health, Cal Pacific Medical Center, Kaiser Permanente, and Dignity Health.

This Mission District Short Term Apartment Won’t Last Long

Seize the day and your chance to stay in San Francisco’s most sought after and trendy neighborhood, in a corporate rental truly gorgeous and ready for you three months or longer stay. Call the owner, Frank, at +1 (415) 244-2716 and stake your claim to this CHBO Certified property today and make this furnished apartment your temporary home in the Bay Area.