CORPORATE HOUSING AND FURNISHED APARTMENTS LANDLORD AND RENTAL BLOG BY CHBO
When you provide short-term rentals, one of your main priorities is ensuring you bring in tenants to live in the space. It’s a source of your livelihood and ensures you can pay your bills every month. One tip that we want to suggest is creating rentals that feel like home. Not sure where to start with the process? Read on to learn more about how you can create a cozy and comfortable space for anyone relocating to your area....
If you own or manage a corporate apartment, you probably find yourself so busy that some things fall by the wayside. However, if you want to keep booking tenants, it’s essential that you put effort into ensuring your tenants leave you great reviews. The best way to do that is by offering what people want. Even then, some people never think about leaving a review or put it off until it becomes forgotten....
If you are about to invest in corporate rentals and executive rentals, or you already own them and wish to be in full agreement with federal laws, you need to be aware of the Fair Housing Act. It is legislation dating back to 1968 and it “prohibits housing discrimination based on race, color, religion, national origin, sex, disability and familial status”. It applies to corporate rentals as much as it does to standard housing options, and that means you have to pay attention to it when listing and renting your executive rentals, too. How would you have (inadvertently) violated...
It does not matter if you are using one of the daily or weekly property rental sites, or the whole array – this short term rental model may not be in your best interests. As one report about Airbnb recently noted, it is “cruising in uncharted territories” and raises issues with everything from insurance to local laws about hotels and other, similar accommodations. Some of the most popular cities are now beginning to crack down on property owners using such pathways to monetize their furnished housing, and that alone might make you consider the CHBO model instead....
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....
In one of our articles from a few years ago, we addressed the issue of whether your homeowners insurance would pay for extended stay lodging in the event your home became unlivable. The long and short if it was that not all insurers do provide this coverage, but since that time many have added such provisions. After all, with more and more areas experiencing extremes in weather, more and more homes are damaged by flood, fire, water and wind or lightning. This can sometimes force homeowners out for lengthy periods while repairs are made (up to six months at...