CORPORATE HOUSING AND FURNISHED APARTMENTS LANDLORD AND RENTAL BLOG BY CHBO
As someone who works with short-term housing, one of the essentials is to bring in great tenants. Our Corporate Housing Real Estate Report for 2020 looks at survey results from independent owners from 2019, and one of the most critical sections looks at a variety of things related to corporate tenants. Curious how your own experiences stack up to those of others? Read on!...
As someone offering furnished rentals to corporate clients and people relocating to the area of your property, you may wonder how you can make your description bring in views. Without an exciting description of your short term rental, you may have trouble getting tenants in your property. Don’t worry, there are numerous ways you can improve your rental listing description. A great description will help you get bookings and return clients....
Anyone who has been in the property management field for a long period of time can tell you that you begin to notice red flags immediately after enough experience. Someone calls in about one of your corporate rentals and you might get a feeling that something isn’t quite what it should be. However, most of the common red flags are easy to watch for even for those without tons of experience. We’d like to share them with you today....
As many people who own furnished housing rentals understand, the relationship between themselves and renters can be tricky if things go wrong. That is why anyone with luxury furnished apartments (as well as those renting them) are advised to understand their rights as renter or landlord. There are some basic rules that apply to furnished housing rentals and all other rentals. As an example, federal laws protect anyone from civil rights violations where housing is concerned. What that means is simple: You cannot refuse to rent luxury furnished apartments to interested parties based on their race, nationality, gender, religion,...
If you are a property owner who is frequently host to a corporate tenant, you may be making assumptions that can lead to confusion or trouble. For example, you may simply assume that each corporate tenant makes themselves familiar with the “house rules” at the time they sign their rental agreement or begin to enjoy their stay. However, it is really up to you, the landlord, to ensure that there are 1) basic rules in place and 2) that you take time to familiarize each tenant with them. Doing this ensures that your furnished apartment or other type of...
As a property owner, you know that your income for your corporate rentals depends on having active tenants living in them. You also know that corporate tenants tend to stay for shorter periods of time than tenants who sign traditional leases. You might think that this means you’ll be dealing with a lot of turnover and downtime in between tenants, but that really doesn’t have to be the case. If you follow a few simple tips, you’ll see more tenants extending their leases and much less time between tenants, too. Choose an Amazing Property Management Firm First of all,...
Here at CHBO we get a lot of questions from property owners about what does a great Corporate Tenant expect from my property. The truth is they expect a lot! To be a great corporate housing landlord you need to understand what the tenant expects, communicate what they should expect from your property and then meet or exceed those expectations. Setting and meeting expectation will ensure all of your corporate housing tenants are satisfied with their rental experience and will give your property a great review making it easier for you to connect with that next great corporate housing tenant....
The Tenant Wants Your Property, Now What? Time to Lease. The 3 step process… Congrats you found the right property, got it ready, did the right marketing and now a tenant wants your property. Remember this is great news even though new landlords may start to feel overwhelmed and not know which direction to turn at this point. Once again life is all about one step at a time and just knowing where to find the right information is all you need. Step one is as simple and doing a casual Q & A with the potential tenant. ...
Have you also discovered Cottageblogger.com? They are one of my favorite blogs for great ideas and tips on furnished rentals. Since Tenant Reviews are so important on your CHBO property listing for connecting with that next great tenant I asked Cottage Blogger if we could re-post this and they said yes. Thank you to Heather Bayer for all your great information we all really appreciate your willingness to share – Kimberly 10 WAYS TO PREVENT COMPLAINTS AND NEGATIVE TENANT REVIEWS FOR YOUR VACATION RENTAL Oh no…..a negative review! The day you get the first of these is never a happy...
According to TRAVEL AGE WEST: Travel Reviews Continue to Grow “There’s no question that user-generated reviews are here to stay. Benchmark Hospitality found that a whopping 80 percent of agents believe that this consumer tool is only at the beginning of its growth trajectory, while 50 percent of agents admit to using online reviews in determining booking options. More hotels are sending “thank you” emails, asking guests to comment on some of the most popular review sites and, as travel reviews continue to gain popularity, hotels will develop unique programs to solicit these reviews from their guests.” Here at...