Corporate Housing

Trends: Corporate Housing Real Estate Landlords

“Who is a Corporate Housing Real Estate Landlord?” is a question we get a lot at CHBO. Real Estate investors want to know if they would be a successful landlord and if their property would be a good match for the needs of the business travel. The following is what we found in the CHBO Annual Corporate Housing Real Estate Survey. Property Locations – Where is your property located? We received hundreds of survey responses from property owners and real estate managers across the United States including 32 states and the District of Columbia. Similar to last year, the...

Corporate Housing

Trends: Corporate Housing Real Estate Report

After two decades in the corporate housing real estate sector, I’ve come to appreciate and respect the importance of watching trends and studying data. As you look for ways to be more successful with your rentals and capitalize on emerging trends, our 2015 Corporate Housing Real Estate Report can help. This report contains the results from our annual corporate housing real estate survey — now in its seventh year. Once again, we received hundreds of responses. I’d like to thank everyone who took the time to complete our survey. We appreciate your input! – Kimberly The Need for Corporate...

Corporate Housing

Investment Trends: Luxury Real Estate Rentals

We have got to love 2015 and Luxury Real Estate Rentals! Doesn’t the days of real estate “Recessions” seem very far away?   Last week I sold one of my luxury real estate rentals. The property was profitable so why did I sell? Partly diversification and partly because I could. Every once in a while it is exciting to see how profitable real estate investments can be over the long term and not just on the month to month positive income level. It really was fun to list a rental for sale fully furnished and with a tenant included. The...

Corporate Housing

Corporate Housing Trends: Getting Started With Real Estate Rentals

Corporate Housing Real Estate Rental Success Starts With Understanding Rental, Real Estate and Marketing Trends Whether you’ve owned or managed a corporate housing rental for 10+ years or you’re new to the industry, we believe that success starts with understanding trends. Just because something has worked in the past doesn’t mean it will work in the future. If you pay attention to the trends and avoid getting stuck doing the same thing over and over, you greatly increase your opportunities for rental (and financial) success. And that’s where this report becomes so valuable. It’s designed to help independent owners...

Corporate Housing

Trends: Real Estate and Corporate Housing

Top Real Estate and Corporate Housing Predications for 2015 What are your goals for 2015? Looking for the right investment? Wanting to increase your revenue? Want to save for a rainy day? These are all noble new year’s resolutions. So what does that actually mean and what does it look like and how are we going to get there? Real Estate Investing: Houston looks like the best bet for investors this year with San Francisco, Denver and Dallas-Fort Worth a close second. Predictions: According to CHBO Real Estate Corporate Housing Survey respondents, the outlook for 2015 is the best...

Corporate Housing

Facts: Corporate Relocation Trends and Workforce Mobility

Did you happen to catch the most recent Mobility Magazine? As relocation continues to be the number one reason people need to stay in corporate housing it is always a good idea to watch the numbers, see the trends and know what is going on.   Why? Really it is simple: Need + Mobility = Corporate Housing Renter Understanding Relocation Trends and Workforce Mobility Annually Weichert Relocation does a Mobility Survey and they asked “What external factors are driving the demand for a more agile workforce.” This is how the corporations surveyed responded: 78% Talent Shortage 62% Competitive Nature of...

Corporate Housing

News: Mobility and Corporate Housing Trends

For the last few years since our article “Corporate Housing Myths Debunked” appeared in Mobility Magazine in 2009, Mobility Magazine features an articles on Corporate Housing. This month there were two articles: “More Like Home” and “Online Marketplaces” Two Trends mentioned: 1) Corporations are combining their business travel and corporate housing functions. 2) Business travelers expect accommodations that suit their lifestyles no matter the length of the assignment. According to “More Like Home” – “The hybridization of corporate housing and business travel is creating new audiences for relocation firms. Smaller firms and entrepreneurs who traditionally relied on hotel stays may find that relocation...

Corporate Housing

Annual Report: Corporate Property Management Trends

Corporate Property Management Trends: Property Management. 72% of respondents say they do all their corporate property management themselves, down from 80% in 2012 and 86% in 2011. Respondents also used property managers (11%) and friends and family (7%) to manage their properties. Property Management Software. Consistent with last year, the majority of respondents (56%) say they do not use any form of property management software to manage their rental properties. 21% use basic spreadsheets, followed by 17% who use accounting software, such as QuickBooks™. Rental Documents. We asked respondents, where did you get your rental documents (such as leases)? The...

Corporate Housing

New Survey to Identify “By Owner” Corporate Housing Trends

Last year’s 2009 “by owner” CHBO research gave property owners insights about where to market their properties, how much to charge and what to include to get the highest occupancy possible. The survey results were well received and even were mentioned last month in The New York Times!   If you have a furnished monthly rental property that you’re managing yourself, we invite you to participate in this confidential research and receive a complimentary copy of this year’s report. We know this research is not complete without your help – we are so grateful to our loyal customers for their...

Corporate Housing

Lump Sum Relocation Trends – 3 tips to get more rentals!

One of the world largest financial institutions contacted Corporate Housing by Owner a few weeks ago to learn more about our property listings and how their employees can rent them. The company representative said she wanted to recommend the site to all of her company’s relocating employees. In the past, a company HR official would have coordinated the entire relocation process for an executive, but this phone call reinforced that the relocation trend now involves lump sum payments. Lump sum relocations are where employers give an employee they are relocating to a new city a lump sum of money to...