Richmond furnished housing

Property Spotlight: Richmond Furnished Housing in Historic Fan District

With its streets forming a fan-like shape, the Fan District of Richmond, VA is beloved for its beautiful homes, array of fantastic cafes and historic monuments. Part of the City Beautiful period in the 1800s, it is a wonderful residential spot and home to this remarkable option in Richmond furnished housing. With its location, though, this Richmond temporary housing also puts you within easy reach of Capitol City and its long list of companies and offices. In fact, guests in this Richmond furnished housing option are within minutes of many medical centers and universities as well as major employers...

Corporate rental

How Do I Price My Property As A Corporate Rental

The decision to rent out your property as a corporate rental can lead to a lucrative income stream. If you’ve chosen to list your property, there are many decisions to make such as minimum stay duration, what renovations are needed to get your home ready, what upgrades and decor may best meet client needs, and many others. But one of the most important questions is how to price your property appropriately. In making that decision, there are a lot of factors to consider....

Temporary Lodging: Rental Rates and What do I Get!

Ever feel confused? Why can’t everything in life just be a little bit simpler? First I have to figure out what is “Temporary Lodging” and then I am expected to know how to compare one property to the next? Dear Property: Please help me better understand temporary lodging. Please help me understand the value included in your rental rate. Thank you,  Confused Renter. Let’s just start with the basics – NO ONE LIKES Hidden Fees!!! Did I mention this is why I love CHBO COMPLETE!!!! Read more blogs about CHBO Complete. If Property A and Property B are both CHBO...

Happy Halloween: Remove the Scary from Property Management

5 Tips to take the Halloween Scare out of Property Management The truth is, nothing is more scary than the unknown, and sometimes property management and corporate housing can fall into that category. As in all haunted houses, when you turn on the lights the reality is far less scary than your imagination. That is why, here at CHBO, we work hard to share with you all that we have learned about managed corporate housing. Success in real estate comes when you know what to expect, you plan ahead and you connect with your goals. Loosing money is VERY scary...

Corporate Housing: Standards and CHBO Complete™

CHBO has long been a supporter of Corporate Housing Standards and that is why we believe CHBO Complete™ is the most important tool CHBO offers to both our travelers and our properties. In a recent Worldwide ERC Mobility Magazine article “Online Marketplaces – What you see is not always what you get” Amanda Cook, Director of Membership and Marketing for the Corporate Housing Providers Association (CHPA) talks about the lack of housing standards for the Corporate Housing Industry and says “Not All corporate housing is created equal.” We totally agree and that is why from the very beginning of CHBO we...

Rental Properties: What the Corporate Renter Expects

CORPORATE RENTER: WHO ARE THEY AND WHAT DO THEY EXPECT? HOW DO I PREPARE MY PROPERTY TO MEET THE EXPECTATIONS OF A CORPORATE TRAVELER? HOW CAN I MAKE IT EASIER TO HAVE A CORPORATE TENANT RENT MY PROPERTY? Answer: CHBO Complete™ CHBO Complete™ is a self-certification you can give your property. It is a seal of quality that helps tenants identify properties that meet or exceed the minimum standards set forth by the corporate housing industry and as expected by tenants of corporate housing. In other words, CHBO Complete™ means the property is turn-key with all the proper furnishings and equipment....

Why it matters: Airbnb hires hospitality expert!

As a former San Franciscan I am very familiar with the Joie de Vivre hotels. I know we all have our favorite Joie de Vivre hotel – each one with its own charm, theme, great customer service and unique lodging experience.  So really it was no surprise to hear that Airbnb just hired Chip Conley the founder of Joie de Vivre as their new Head of Global Hospitality. Head of Global Hospitality?   Nice title, but what does that really mean?  I think it means that Airbnb came up with an interesting idea to connect couches and rentals with travelers but they have come to...

Learn: Yes, Corporate Housing is a Real Estate Investment Option

What is Corporate Housing? How do I setup a Corporate Rental? How to get started renting a property? How do I make money? Corporate Housing Success Stories! Welcome to the multi-billions dollar world of Corporate Housing or more simply put, furnished monthly residential rentals. Corporate Housing is part of the Extended Stay lodging segment offering an alternative to the transient environment of an Extended Stay hotel. Corporate Housing is also an option for the savvy real estate investor or property manager who is interested in maximizing the returns on their real estate investment. In the following pages our goal...

What Does “Turn-Key” Mean in a Rental Property Listing?

You’ve seen the buzzword. You’ve probably often wondered exactly what it means.  Now you can know for sure… well, sort of! Turn-key is a popular adjective used to describe a rental property that is move-in ready. In other words, all the renter has to do is turn the key to unlock the door and start living their life in the property. To most people, turn-key signifies a property that is in good condition and requires little to no updating or maintenance. It can often describe a corporate rental or vacation rental that has everything someone needs to live –...

Stop! Ask Your Corporate Housing Landlord These 3 Questions

Are you a soon-to-be corporate housing tenant or renter?  If yes, before you rent, ask your landlord these three important questions: Is this property legit? Ask a lot of questions to understand if the property is legit. Ask the owner for references to previous tenants, never wire money, require a phone conversation and be smart – if it doesn’t feel quite right, trust your gut. There are a lot of scammers out there so these extra steps will make sure you’re renting a real property. Will you run a credit check on me? Understand if the landlord is going...