How Politics Impacts Corporate Housing

If you don’t think politics impacts the corporate housing industry, think again. While it doesn’t matter who wins or loses the election, what does matter to the corporate housing industry is having enough properties to provide temporary, furnished housing for elected officials. Did you know that most state legislators stay in temporary, furnished housing while they are in session? In Colorado, for example, 1,600 people come from all over the state to work in Denver when the State Legislature is in session. These elected officials all need temporary housing. If you have a furnished rental near the state legislator in...

What Does “Turn-Key” Mean in a Rental Property Listing?

You’ve seen the buzzword. You’ve probably often wondered exactly what it means.  Now you can know for sure… well, sort of! Turn-key is a popular adjective used to describe a rental property that is move-in ready. In other words, all the renter has to do is turn the key to unlock the door and start living their life in the property. To most people, turn-key signifies a property that is in good condition and requires little to no updating or maintenance. It can often describe a corporate rental or vacation rental that has everything someone needs to live –...

Why Politics Might be Bad for Corporate Housing Businesses

We are in the middle of a contentious political season and most Americans are feeling, well, a bit unsettled. As you may have guessed, unsettled politics can be bad for business. Right now we are seeing a trend of companies not spending money until they can better understand what the next Administration’s policies will be. If business confidence is down, business travel and business spend is typically down too. What This Means For You: As a corporate housing landlord, you may see less rental inquiries and stays. Between now and November 6th you may need to work harder to find the right...

A Few Changes to Your CHBO Experience

A few changes to your CHBO experience…. 1. Property Search – Our property search tool now has a sort by option. When a user searches and the results come back, there is a sort option toolbox at the top left of the screen that enables the user to refine his/her search. Users can now sort by: -Bedroom Count – Users can sort from low # to high # and vice versa -Rent Fees – Users can sort from low # to high and vice versa -Number of Reviews – Users can sort properties by the number of reviews it...

What Is the Difference Between Furnished Housing vs. Corporate Housing?

Many of our fans ask us, “What is the difference between a furnished rental and a corporate housing rental?” We respond by saying there are many subtle differences that a property owner must know. Let me explain… A furnished rental property can be any rental property with furniture in it. I can be fully furnished, partially furnished, furnished for vacationers or furnished for long-term renters. There is no “standardized” or “industry acceptable” rules for a “furnished rental.” It also can be a property that is rented for a night, week, month or year. A corporate housing property is very...

Are You Overpaying for Free Vacation Rental Sites?

It’s easy to get confused as to which rental listing site is best for your rental property. There is one rental site that seems to be confusing many of our members. This site advertises that you can list your rental home on their site for free. But if you read the fine print, you’ll soon realize that the site collects 3% of each accepted reservation to cover the cost of processing and then keeps an additional 6-12% of the booking fee!  Tenants pay the site and then funds are transferred to the landlord, minus the company’s cut, of course....

Simple Ways to Make Your Corporate Rental Property Green

Greening your furnished rental property doesn’t have to be time-consuming. That’s why this first post-Earth Day post we decided to share some very simple ways to add some eco-friendly touches to your property. Stock property with recycled paper goods such as recycled toilet paper, paper towels and tissues. Leave bio-degradable and non-toxic agents inside your furnished corporate rental home. This way your guests are encouraged to clean with green products and you know the property is getting cleaned using safe and healthy cleaning products. Change your lightbulbs to compact fluorescent bulbs to reduce the energy use in your corporate rental....

How to Become a CHBO Affiliate

If you’re a corporate housing company, Realtor or other real estate industry professional, listen up! Now you can get rewarded for referring people to CHBO. Our new affiliate program is called Share a Sale. If you sign up as a CHBO affiliate on ShareASale.com, you will be given a unique URL. You can then use that URL link and share it with others you think might be interested in CHBO. When someone uses that link to purchase a rental property listing from the CHBO site, cookies track the visitor back to you and notify CHBO of the purchase.  CHBO...

Tips on How to Be a Successful “Accidental” Corporate Housing Landlord

It seems like “accidental” landlords are the norm today. These are homeowners who want to move but can’t sell or don’t want to sell their homes at a loss in this tough housing marketing. The problem is many of these individuals aren’t the “normal” landlords that spend years honing their property management craft; rather, they have little to no experience in preparing, marketing and managing a rental property. If you’re new to this landlord business, here are three key tips on how you can turn your accident into a success: Be different. There are a lot of accidental landlords...