CHBO Survey

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...

Corporate housing Survey

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...

Corporate Housing Real Estate Report 2017: Outlook & Profitability

Profitability Great news for Corporate Housing​, the fifth year in a row, more than 9 out of 10 respondents ​report their properties are profitable or break-even. Over the last few years we have seen an influx of new investment owners entering the market. And they are paying more per square foot for their property purchases than that of previous owners. This means their overall expenses are now greater than the former owners. of these properties and profitability is therefore reduced. Owners with a lower cost basis and with rising rents have seen increased profitability. This year however, factoring in these...

Annual Corporate Report: Outlook on Profitability

Outlook and Profitability Outlook for 2014. According to the annual corporate report, 36% of respondents predict that 2014 will be better and more profitable than 2013 – similar to responses in 2012. Only 6.3% of respondents believe that 2014 will be less profitable, down from the 10% who had this outlook in 2012. Profitability. 91% of respondents report that their properties were profitable or breakeven in 2013. Overall, this response has been nearly identical over the last three years. Investment Real Estate Trends. For the fourth year in a row, there are more “Yes, I plan on buying more real...