CORPORATE HOUSING AND FURNISHED APARTMENTS LANDLORD AND RENTAL BLOG BY CHBO
When you’re the owner of corporate short term rentals, there are a variety of ways you can take payments from potential tenants. While it might have been as simple as taking a check a few decades ago, the world has changed, and there are more opportunities than ever. Electronic payments are all the rage, and many people prefer them to traditional payments for corporate housing....
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....
One of the most essential parts of the screening process, when you offer furnished rentals, is the background check. However, many landlords don’t know how to run a successful background check. The same applies to many property managers. We’ll be sharing information on running a check to make the best tenant decisions....
The world is getting smarter. Today, some devices can do almost anything to keep a house secure, comfortable, and private. As someone who offers a furnished rental or two, these devices might be the perfect way to update your space and bring in new tenants. The good news is that much of this new technology is inexpensive and easy to install....
Corporate home rentals are useful in all sorts of situations. Many people rent them when they need a short-term place to stay. This might be based on needing to find a more permanent space or because work still needs to be done before moving in somewhere else. Whatever the reason, when you need to rent a corporate home, your first question might be how to find one....
As someone who offers short-term rentals, you know that making money depends on having people in your units. It’s also a fact that corporate tenants tend to stay for a shorter period than someone who signs a traditional lease. This could seem like it will lead to a lot of downtime between tenants and higher than average turnover, but it doesn’t have to be. Following a few steps will help you extend your leases and ensure you have corporate tenants at all times....
Are you in a situation where you’re moving for a job? Maybe you need to wait to sell or rent out your corporate homes in the original location. This can add an extra layer of stress to a move and create chaos in your mind. The good news is that making use of furnished home rentals can help with the situation you’re in while giving you more peace of mind....
Corporate housing rentals are becoming more and more popular as the years go by and for a good reason. In years, the industry made more than $2.47 billion in revenue, and everyone wants to get their hands on some of that money. The truth is that investing in corporate housing is a popular strategy and is a lower risk than many other real estate investment options....
If you offer corporate housing rentals, it might be something you do on the side that doesn’t take up a tremendous amount of attention. You might not consider it a business, and it may not be your full-time job. However, anything that you do to create profit is regarded as a business when it comes to the banks in your neighborhood and beyond....
As someone who offers furnished housing, taking time to consider home improvements is essential. When you put money and time into your space, it not only increases the value of the home, but it also makes guests happier. This can result in additional bookings from these same people or those who see their reviews....