Can You Rent a Furnished Apartment in Your Building or Neighborhood?

Corporate housing for rent

Take five minutes to Google a term like “short term rental problems” and you’ll see that it is not a shortage of corporate housing options or listings for those who wish to rent a furnished apartment. Instead, it is that a lot of home owners in all parts of the country are looking to crackdown on short term rentals in their neighborhoods.

As we discussed in Don’t Break the Law When Renting Your Corporate Housing Property, websites like HomeAway and Airbnb face a lot of regulatory challenges because they allow a high amount of traffic (and risk) to flow into apartment buildings and neighborhoods. Because of that, homeowners’ associations, and town or city governments are starting to make laws about such rentals.

Corporate rental property

Corporate Housing is Different

If you are looking to rent a furnished apartment, and are worried about the laws, consider whether it would be suitable as corporate housing instead. Why? There are a few reasons. The first is that you are going to require at one-month stay at the very least. This is entirely different from a long weekend stay or a holiday visit.

Secondly, when you rent your furnished apartment to a corporate client, you can do thorough background and credit checks, and know the quality of all tenants you welcome into the area.

Naturally, when you do offer corporate housing, you still need to be certain it is still allowable in your area. As CHBO’s Jeremy Blackburn advises, “It is very important to know your local city regulations and laws. Especially since so much has been under radar recently with short term rentals.”

What NOT to Do with Your Furnished Rentals

Furnished rentals by CHBO

Let me share a story with you about a visit to Greece. We booked a private home rental and it seemed great in the images. While it had a fabulous view, all of the taps were loose and one fell off in the middle of a shower. The landlord knew there were problems, admitted it and was surprised by our negative comments. He lost us as future renters, and if you have furnished rentals available, take lessons from our experience.

Tips for Success in Corporate Housing Rentals

In other words, if you want to lose out on future bookings for your corporate housing or furnished rentals, use advice like that from our article, “What Not To Do As a Corporate Housing Landlord”. In it we talked about the steps you should take to ensure your renters remain happy and wish to book a return visit or recommend you to others.

Biggest Mistakes by Furnished Rentals Landlords

For example, we suggested that you:

  • Never skip the basics – Soap, garbage bags, linens, and all the rest must really be available at all times
  • Never skip the cleaning – Think of every renter of your corporate housing as a person who might run a gloved hand along a mantle. No, they probably won’t, but clean the place to that standard
  • Never skip the callback – Responsiveness is huge when you have furnished rentals, and you will want to always answer or phone back instantly
  • Never lie – If there is an issue with the property, don’t cover it up, fail to list it and so on.
Corporate housing by owner

CHBO’s Jeremy Blackburn also has a fantastic point, saying “All these points still hold valid for landlords. Best advice I can give is to stay in your property as a renter and figure out the pros and cons overall.” See if you “enjoy” your stay or would give yourself a thumbs down, and make any improvements necessary!

Property Spotlight: Richmond Furnished Housing in Historic Fan District

Richmond furnished housing

With its streets forming a fan-like shape, the Fan District of Richmond, VA is beloved for its beautiful homes, array of fantastic cafes and historic monuments. Part of the City Beautiful period in the 1800s, it is a wonderful residential spot and home to this remarkable option in Richmond furnished housing. With its location, though, this Richmond temporary housing also puts you within easy reach of Capitol City and its long list of companies and offices.

In fact, guests in this Richmond furnished housing option are within minutes of many medical centers and universities as well as major employers that include the United States Department of Veterans Affairs, Sun Trust Bank, Capitol One, the Federal Reserve, and more. So, this Richmond temporary housing option is ideal for the extended stay worker or executive, the family in the middle of relocation, or even a set of corporate travelers eager to enjoy a luxurious and home-like setting while visiting for business.

And though the location of this Richmond furnished housing is appealing, there is much to love about the two-bedroom, two-story property itself. First and foremost is its tremendous curb appeal. A classic brick structure, it is a multi-family home with large porches on both main and second floors.

Lots of original features and charm have been preserved in this Richmond temporary housing and you will love the style and beauty of your private entry. Though there is an elevator available, the gorgeous foyer and stairway is sure to delight. Enter into the large and bright living room and savor the beautiful décor, the large fireplace, and the French doors to your covered balcony. Gaze out to the small park that fronts your home and enjoy one of the many monuments of the area as you start each day!

This Richmond furnished housing has a full dining room, large, gourmet kitchen, private laundry facility, butler’s pantry, and those two nicely size bedrooms. Each has ample closet space and a private bath. There is also a rear terrace and views of the gardens in the backyard. Feel free to use the fire pit area and outdoor lounge on the ground level! Parking, Wi-Fi, maid services and local phone service are all part of the experience of this CHBO Complete Richmond temporary housing. Enjoy the best that Richmond has to offer from this historic and charming location.