Corporate Housing by Owner

Five Things to Look for While Searching for a Corporate Apartments

Whether you require a place to stay between moves (as part of a relocation) or you are on a long-term project or visit to a specific area, a corporate rental or premium furnished rental is often an ideal solution. Yet, as is the case with so many things on life, not all options for a corporate apartment or furnished rental are the same. There are a few factors you must consider when choosing between your options....

Press Release CHBO

Corporate Housing By Owner Has Completed Its 9th Annual Corporate Housing Real Estate Survey

The Corporate Housing Real Estate survey results indicate the trends, standards and the need for a monthly furnished lodging solution. The annual Corporate Housing report is now available for view or download. Denver, CO, June 27, 2018 –(PR(dot)com)– Corporate Housing By Owner (CHBO), has recently completed its 9th annual Corporate Housing Real Estate survey, thanks to the largest number of contributors in its history. Participants included property owners with a single property, those with multiple properties and management companies. The survey was open to anyone who owned or managed a furnished, monthly residential rental in 2017 – not just to...

Does the View From the Corporate Apartment Matter to Renters?

When you peruse listings for furnished corporate apartments, you’re likely going to notice that a lot of them include details about the view you get from the apartment. Seeing a lot of instances of this, if you’re shopping around for investment properties to purchase or considering converting one of your properties to corporate short-term apartments, you’ll probably wonder if it really matters. Sure, a good view is always a great feature for any apartment, but how much does it count for furnished corporate apartments? The View Matters – But Not That Much Basically, if you have a great view...

Luxury Rental Style: 6 Ways Mirrors Can Add Light and Style to Your Rental

Here at CHBO we are always talking about photo quality!!! If you have a great corporate housing luxury rental make sure to invest in the best photos possible so all potential renters can see the quality and style of your luxury rental property. Ok, now take a deep breath and walk through your corporate housing rental. Is it really as cool as it should be? Could be? Maybe a little style facelift could be a great idea before you take those incredible photos. Today Karrie Kelly, an award winning designer, gives us some insider tips on how mirrors and really make a...

Corporate Apartments: Who, What, Where & Why #8

So many questions so little time… Here at CHBO we are passionate about people and finding ways of connecting the best possible Corporate Apartments options with the best qualified renters. For over 9 years CHBO has worked to develop a web platform to connect the world of travelers and the world of Corporate Apartments rentals. Now for the 6th year we are conducting our annual survey of the Corporate Apartments real estate industry from which we are able to provide the Annual Corporate Apartments Real Estate report on the trends and expectations of our industry. Your information is essential...

What To Do If Your Landlord Refuses to Make Repairs

It can be frustrating to live in a furnished rental property that is not properly attended to and maintained by the landlord. Last week we talked about both the landlord’s and renter’s responsibilities when it came to maintenance, repairs and damage to a rental property. This week, let’s talk about what you can do if you’ve notified your landlord of a required repair and they haven’t taken action or responded… Provide Written Notice: While you may have called or emailed your homeowner to request repairs, the best course of action is to provide written notice via snail mail, preferably via certified letter they have to...

Buying is Cheaper Than Renting in Most US Cities – But Does it Make Sense for You?

According to the real estate website Trulia, buying was cheaper than renting in 74% of the country’s 50 largest cities in July 2011 . Experts say it may be cheaper to buy than rent for a number of reasons: Rock bottom interest rates. In early Aug. 2011, a 30 year fixed was just 4.19%! Home ownership comes with tax perks that renters don’t get to enjoy – you get to deduct your mortgage interest as a homeowner. You don’t get to deduct your rental fees as a renter. Low prices – it’s a buyers market and prices are lower than...

Relocation.com Survey Says Americans Are Saying McBye to McMansions

A survey last month by Relocation.com found that McMansions are falling out of fashion like Crocs. When Americans were asked to pick their ideal home size, 48% said their ideal home size would range from 1,000 to 1,999 square feet, while 29% showed a preference for homes that are 2,000 to 2,999 square feet. Only five years ago, the NAHB (National Association of Homebuilders) reported that the average home’s square footage was 2,400 square feet, which is almost 400 square feet bigger than what many homebuyers desire today. While many homeowners are preferring smaller homes, likely due to the...

Rental Demand Trends I am Watching

I thought you might like to know about some of the new trends I am seeing in Corporate Housing demand. For the last few years large major business relocations really made it easy to find high paying corporate tenants however with the downturn in the real estate market it is hard to sell homes and corporations are watching what they spend. What does this mean for corporate housing? Are there new trends for corporate housing users? YES! You bet! Two new trends I have been watching this week are (1) Inner State Relo and (2)Home Renovations. (1) Inner State...

Who uses Corporate Housing: Relocation and Consultants

From the beginning of the Corporate Housing Industry there have been two primary consumers of corporate housing (1) Relocating Executives and (2) Business Consultants. Over the past 40 years, however, corporate housing has evolved into a mainstream lodging segment and today serves a wide range of diverse business travelers and individuals in need of temporary housing. Relocation Executives: According to a recent HR Magazine article, relocation was down in 2008 but the numbers are still huge. In 2008, 11.9% of the population relocated and $24 billion dollars is spent annually on US corporate relocation. Relocation Surveys also indicated that, for the first time,...