Tag: Annual Corporate Housing Real Estate Report

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Corporate housing survey
May 22, 2019 Post a Comment

Learn about Marketing Trends in Accordance to CHBO Property Owners

The key to the highest ROI for your property is high occupancy. This can be accomplished with quick turnover or with longer term leases. To insure quick turnover between renters, you have to secure the next reservation in advance. Having self descriptive photos, video, and corporate property description that leaves no question unanswered is the most effective way to secure that next reservation. Internet Reservations Online bookings have become more popular​as these systems allow property owners a 24-hour window to confirm reservations, communicate with potential renters and get additional paperwork signed. Property Apps for Mobile Devices Contact Us For all inquires,...

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CHBO Survey
May 15, 2019 Post a Comment

Learn about Pet Trends and Fee Experiences in Accordance to CHBO Property Owners

To protect your rental, if considering pets, here are some tips Know replacement costs (Including loss of rent for downtime to repair, delivery and set up fees) cost to replace furniture pieces/replace/repair flooring cost of complete pet hair extraction and incorporate necessary costs into pet fees/deposits. A point to note here, that isn’t listed below as it was in the comment portion of the survey, is that a lot of owners evaluate pets on a case by case scenario. ​The trend we found the most interesting is the percentage of properties that had “significant” damage due to a pet...

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Corporate housing Survey
May 8, 2019 Post a Comment

Learn about Security Deposit Experiences in Accordance to CHBO Property Owners

CHBO always recommend owners opt for the ARDP. This option is a win/win for the owner and the renter. Renters don’t have to tie up large amounts of money and owners don’t have to nickel and dime their tenants or worse come out of pocket for accidental damages during the lease term. Owners just submit a claim with repair/replace receipts and through the ARDP the owner is reimbursed, the best part is they don’t have to involve the tenant. Deposits can be deal killers as most property owners know. What happens when there is damage? If you charge the...

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Corporate Housing Real Estate Segment: Properties
April 24, 2019 Post a Comment

Find out what the ideal bedroom count is for offering corporate housing

Properties An essential difference between the full-service​​corporate housing industry and the independent corporate housing real estate segment is the size of property that is rented – and more specifically, the number of bedrooms. Corporate housing rentals in residential properties rented by private owners are generally ​larger, ​in both overall size and bedroom count, than the typical, business-to-business lodging options provided by full-service corporate housing companies....

Independent Corporate Housing Real Estate Segment: Outlook & Profitability
April 3, 2019 Post a Comment

About the Independent Corporate Housing Real Estate Segment: Outlook & Profitability

Outlook & Profitability 2018 is the highest year with ​96% of participants stating their property was either profitable (76%) or breakeven (19%)​. Only 4% of owners said their property was unprofitable. Based on the fact that more owners than ever purchase a property as an investment and the steady increase, 2018 being the all time high, we believe our property owners are achieving satisfactory returns from r their investment properties....