CHBO Annual Report Archives

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....

July 17, 2018 Post a Comment

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...

July 12, 2018 Post a Comment

CHBO Annual Report Review: Corporate Housing Landlords – How Long and Why

The results are in, so let’s dig deeper. Each week CHBO will analyze data from the annual corporate housing report and open a discussion. Please provide feedback with your experiences in 2017. This week we discuss how long our providers have been Corporate Housing landlords and why. Years as a Corporate Housing Landlord Property management, of corporate housing, by independent owners remains an emerging field. It’s a field that more owners are committing to, in order to achieve rental success. Consider that: 60% of respondents say they’ve been furnished landlords for four years or less. Continuing the trend of...

May 3, 2016 2 Comments

Rental Documents for Corporate Housing… See which ones you’re missing?

After 10 years of blogging the number one blog post of all time is the rental lease used for corporate housing. So we always know this is a popular topic on our CHBO Annual Report. Corporate Housing: Rental Documents Having profitable real estate has a lot to do with: Setting and meeting expectations with your renters and Having the written documentation you need to confirm and support these transactions and expectations Real estate laws and regulations are always changing. They’re regulated and established on a state-by-state basis, and the rules apply differently if you’re an individual managing your own...

March 8, 2014 1 Comment

How Property Owners handle Property Management

One of my favorite things about the “by Owner” Corporate Housing Annual Report is getting the opportunity to see how things work and as we look more closely at the data it is not only a great look at the past but also a great tool for the future – Have fun… Property Management. 72% of respondents say they do all their 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. 71.7% of respondents say they do all their property management...