Important Criteria to Consider When Evaluating Property Management Companies

property management services

It may seem that managing furnished rentals would be a pretty easy job, but most who attempt it as a DIY venture soon come to regret doing so. This is because it can be quite overwhelming, and even just owning and operating one or two furnished rentals or corporate suites can quickly take over your days and nights. It is truly a non-stop activity, and even those who are great at time management struggle to make it work. This is why many decide to work with a property management company.

property management services

Choosing Your Provider

As you might already know, no two businesses are alike and where property management companies go, you have to spend some time determining which among them is the best fit for your needs. Let’s look at some of the criteria you should consider when hiring a firm to help with your furnished rentals and/or corporate suites:

What is their actual workload?

A company that seeks to take on your furnished rentals should have no problem admitting to you the number of properties they currently manage. If they keep this a secret, look elsewhere. You need to know how many people they have available at any time to help with your corporate suites or other rentals. A recommended ratio is to have one trained staff member to every 30 or so furnished rentals.

Will they be able to screen and choose tenants based on your goals or needs?

You should have an idea of what you want done before renting the property. A good property management firm will listen to what you say and then explain whether that works with their model. For example, you may say you want background checks on identity, rental histories and credit scores. If they are unwilling or unable to handle that, you need to move to your next candidate.

Which steps in the rental process do they handle?

Are they top to bottom managers; interviewing, screening and working with tenants as they move in? Because you are going to want to be hands-off, you need to know that they are going to be good at communicating and working with tenants, handling issues, managing rent collection and more.

What are their costs?

We all know that there is a lot of truth in the saying that you get what you pay for, and when you are searching for a good property management firm, you just cannot start with the costs or fees associated with their work. You also have to consider factors that demonstrate their value. For instance, are they incredibly busy? It is a sign they are good at what they do and popular with other land owners. Do they have low occupancy rates? If so, that too is another good sign.

What it boils down to is simple: If you take the time to find a skilled and flexible provider of property management services, you see better profits and enjoy peace of mind; knowing both your properties and tenants are in good hands at all times.

Why Travelers Choose CHBO Over Hotels and Extended Stays

Fully furnished apartment for rent by CHBO

There are many reasons that travelers make extended stays in specific cities or regions. Though many might experience a “knee jerk reaction” of thinking about booking their stay in some sort of hotel or property designed for extended stays, many are reconsidering. Instead, the ever-increasing trend is toward booking stays in CBHO or corporate housing by owner properties. There are many reasons, and these include:

  • Hotels and extended stays are typically far more expensive.
  • Most extended stays are designed for convenience and for business travelers only, this can make them extremely cold, generic and very uncomfortable. For example, imagine eating, sleeping, and relaxing all on one big space for weeks or months on end. Imagine uncomfortable and un-homelike furnishings.
  • Essential services are not part of the rate of most extended stays and this means that, in addition to already being more expensive, there are further costs. For example, laundry means going to a Laundromat yourself or paying someone a high amount to do it. With furnished rentals, the machines are there and you can do loads as you watch TV and make a delicious home-cooked meal
  • Travelers in CHBO properties begin their stay with a friendly greeting by a property owner or local. This is much more sincere and appealing than the front desk people who may have a sort of “canned” smile and who must be polite as it is part of the job. With CBHO, you meet a host who looks after your needs and puts a much more humane face on everything from service calls to departures.
  • A CHBO property is not a “branded” property. The owner is not trying to sell anything extra, and so your weeks or months are just as they are at home, and without a constant flood of brands and products being promoted at every turn.
  • CHBO properties are often much larger and roomier. Whether on your own or with fellow travelers, an authentic home provides you with a lot more living space with both indoor and outdoor living spaces.
  • Most CHBO properties also allow you to bring pets, and this can be a tremendous advantage whether traveling alone or with a group; further ensuring it feels like a home away from home.
  • Finally, hotels and extended stays are always chosen for their convenient locations. Close to business parks or major business areas, they may not be the nicest places to remain for weeks or months at a time. CHBO properties typically appear in actual housing areas including apartments, neighborhoods and subdivisions.

Corporate rentals vs Hotel stays

Travelers have consistently proven that they like the idea of a hotel’s customer service, but on almost all other points, they would rather be in a more private, home-like environment. This is why there has been such a surge of interest in CHBO properties. They let visitors enjoy the same convenient locations but in much roomier, more comfortable and more appealing settings, ensuring a stay is as satisfying as possible.

Property Spotlight: A Roseville Luxury Real Estate Rental

Welcome to Roseville, a northeastern suburb of the greater Sacramento area. California’s capital city has been a crossroads since the gold rush and is well known as a farm-to-fork destination thanks to booming agriculture and many great farm-to-table restaurants. Now growing thanks to Silicon Valley transplants taking root and an expanding health care system, the demand for executive rentals is up as well. Enter today’s spotlight, a CHBO Certified four-bedroom, two and a half bath corporate rental that’s perfect for movers or project workers in the city longer than one month. A former model home in the exclusive Chateau and Diamond Creek subdivision, it is a spacious and fully furnished family villa with no expenses spared in providing high-end comfort to clients.

Roseville Luxury Real Estate Rental

Tech Firms File In, Seeking Furnished Rentals

The state capitol plays host to a number of companies surrounding and supporting the state government as well as those here for influence. The next generation is preparing at several top local colleges including CSU Sacramento, UC Davis School of Medicine, Sacramento City College, and the McGeor

ge School of Law. The top employer, predictably is a farming company, Blue Diamond Growers. The tech migration that’s reshaped the city includes well know firms like Intel, Apple, HP Enterprise, and aerospace’s Aerojet Rocketdyne; but even smaller firms like TSI Semiconductors, ClearCaptions, SunSystem Technology, Slidebelts, and MediaSmack are taking hold as high rents and real estate prices move some companies out of the San Francisco Bay Area. The medical field is growing in many places considering aging baby boomers, that’s no different here as Sutter Health’s Roseville Medical Center, Kaiser Permanente, CHW/Mercy Healthcare, plus Dignity Health make up a growing group of hospitals drawing travel nurses to the area.

Your Extended Stay Starts Right Here

This is a gorgeous end unit that affords you extra privacy. An off street two car garage makes parking a breeze. Nearly 2,300 sq. ft of living space showcases professional interior design over tiled floors softened with area carpets and colorful décor touches throughout. A huge comfortable sectional sofa and cable equipped flat screen TV is here for you in the living room. A covered patio brings natural light inside and provides a great place for you to enjoy your morning coffee or the California fresh air. Cross the open floor plan takes you to the chef’s kitchen with quartz countertops, GE Profile Stainless Steel double ovens and appliances including a gas range and side-by-side refrigerator. There’s an island prep station, lots of counter space and storage, and all the tools you need to compete with NorCal’s top chefs. Local farmers markets will allow you to stock the freshest ingredients, and your creations can be enjoyed in the adjacent formal dining area featuring a round solid wood table seating four.

Extended Stay Rentals

Heading upstairs, you are greeted by a loft niche converted to an office equipped with multi-function printer and laptop surrounded by plenty of storage. There’s ultra-high-speed Wi-Fi to help you get the job done. The huge master bedroom suite upstairs features a king bed, matching armoire and furniture, and an en-suite bath with dual vanities, plus slab granite and tile floors supporting a sunken tub and large step-in shower. The second bedroom offers a queen bed and a bathroom with dual vanities and a privacy toilet plus shower and tub combination. The third and fourth bedrooms are setup as exercise and multipurpose rooms. A dedicated laundry room is equipped with new front-loading washer and dryer.

Extended Stay Rentals

A One Month Rental in Wine Country

Sacramento’s wine growers have achieved international praise. The city is surrounded on all sides by a diverse selection of wineries and the city is thought to be the next Napa Valley. The region has yet to succumb to commercialism so most wine tastings are free and visitors have intimate access to the wine-making process and the winemakers – many of whom greet visitors personally. The region is, as mentioned, also home to the freshest of restaurants, and right across the street from home is La Provence, a French provincial treat.  Round Table Pizza, Chevy’s and other top spots nearby also serve fresh fare daily. The retail area a few minutes away has a grocery store and a Starbucks. If Golf is your thing, good news – there are twelve courses within half an hour. If the driving range is your preference, there’s a Top Golf not far away as well. Blue Oaks Town Center is less than ten minutes away, and the mall includes shops galore and a movie theater. History buffs new to town will love the California State Railroad Museum, the Crocker Art Museum, and the California Capitol Museum. The NBA’s Sacramento Kings play here at the Golden 1 Center, the AAA River Cats play baseball, plus USL Soccer courtesy the Sacramento Republic FC. Or, get your own exercise on the American River Bike Trail. Easy highway access to the I-80 also means it will be simple to drive the less than two hours to Lake Tahoe or wine country.

Much Like Grapes on the Local Vines, This Short-Term Rental Will Grow on You

Don’t miss your chance to stay at this luxury real estate rental. Call David at +1 (916) 367-2023 today and get ready to discover an unspoiled part of California from this four-bedroom executive rental near Sacramento.