Rentals: Furnished Corporate Housing vs Unfurnished

What is best for your real estate investment: Corporate Housing versus a Traditional, Long-Term Rental. Top 4 things to consider when deciding if your rental is best as a corporate housing rental or traditional unfurnished rental. While corporate housing can be quite lucrative and make your property stand out in a sea of available rentals, it’s not the right strategy for everyone. If you are an investor looking to purchase the right type of rental property, review the following information to determine whether you and your property are the right fit for corporate housing – or whether your property...

Corporate Housing: Home Remodel

Did you know a lot of people move out of their primary residence and live in corporate housing during a major home remodel? If moving out of your primary residence is not possible for you during a home remodel, especially a kitchen remodel there are some great tips that can make life less stressful and even possibly manageable. Remember, if the dust and noise becomes too much staying in a corporate housing property even for a month may help save the sanity of your family and maybe even some blood sweat and tears 🙂 Here are some great tips...

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...

Occupancy: Minimizing Downtime Between Tenants

Looking to achieve maximum occupancy and revenue?  Read our tips below to learn how you can minimize down time between tenants. Rental Success $$ = Rate x Occupancy Here are some ways to minimize downtime between tenants in order for you to achieve maximum occupancy: Know the tenant’s exact move out date. Oftentimes tenants won’t tell you that they’ve moved out before the end of their lease. Someone renting your home through the end of the month may have already left on the 22nd. Find out if the tenant is gone so you can begin preparing the home for the...

How to Prepare a Property Manual

To ensure a positive stay for your tenants, we recommend preparing a detailed property manual and leaving it inside your property in an accessible place. Read below for more information or discover our new book, “Making Money with Rental Properties“ about how to prepare this important manual for your rental property.   An important part of being a successful landlord is how you manage the tenants that stay in your property. They may “live” in your property but they may not know how to do simple tasks like using your appliances, adjusting the thermostat and/or driving to the nearest grocery store....

NEW for you! The Corporate Housing Handbook by CHBO

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! The Corporate Housing Handbook is now available in print from Amazon! Sneak Peak…. 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...