CORPORATE HOUSING AND FURNISHED APARTMENTS LANDLORD AND RENTAL BLOG BY CHBO
Do you offer furnished housing for corporate guests? Have you ever sat down to think about how often you have an occupant in the provided corporate rental apartment? As of 2016, CHBO has been asking questions about this exact thing on the annual corporate housing real estate report. We’ll share the results below so you can get an idea of how your own homes stack up....
There’s no reason to relegate yourself to staying in a hotel when spending time traveling to southwestern Oregon for work, a family vacation, or another purpose. This corporate housing in Jacksonville is a few miles from Medford and offers a fully-furnished spacious option for spending your time in the state. This location has several grocery stores, tasting rooms, restaurants, shopping centers, and coffee shops....
Oakville, ON is located in the southern part of the province between Hamilton and Toronto. This city has a population of nearly 200,000 and offers cultural attractions, sports, events, and much more. Several festivals are held throughout the year including the Waterfront Festival, Canadian Open, Downtown Oakville Jazz Festival, and For the Love of the Arts Festival. The city also offers the Oakville Place Shopping Centre which is a large shopping mall that has been around since the 80s....
A study performed by the University of North Carolina at Charlotte’s Criminal Justice Department shows that a corporate housing security system works as a burglary deterrent 60 percent of the time. Home security systems provide two lines of defense: the first can dissuade criminals from attempting a burglary in the first place. The second helps identify anyone that decides to commit a crime. For that, you need high-quality video footage....
As a property owner, you already know that insurance is a must have item. It is what guarantees you will not suffer a financial loss on your property, but it can also offer you a great deal more. This is particularly true if you offer fully furnished apartments for rent and if you work with a property management company. Why? To begin with, furnished housing opens up a few liabilities. There is the risk that the items you supply are damaged, destroyed or lost and you need coverage that prevents your profit margin from evaporating should you need to...
Tenants Experiences with Corporate Housing Tenants. Corporate housing tenants continue to be relatively “painless” tenants. In 2013, 95% of respondents say they had a positive experience with their corporate housing tenants – an all-time high for this report. Renter Types. In 2013, the top two reasons for rentals were: business assignments at 76% and relocations at 44%. The corporate housing renter pool went through some changes in 2013 – including a 9% increase in business travelers. We also saw an 8% increase in vacation renters, a 7% increase in people renting due to home remodeling, and a 5% decrease...