Wikipedia Corporate Housing: What do I call it and do I care?

Did you know Corporate Housing has been around longer than Extended Stay Hotels? Did you know there used to be more corporate housing rentals in the United States than there were extended stay hotel rooms? The world is ever changing and changing faster than most of us can keep up with.  5 years ago if you had said “Airbnb“ to anyone they would have had no idea what you were talking about and the idea of a company name that combines “Air Mattress” & “Bed and Breakfast” would have had no connection to you. What the success of Airbnb proves is that as...

Top 6 Questions about Temporary Living #6

CHPA, or the Corporate Housing Providers Association is the international trade organization for the multi billion dollar industry of corporate housing or more simply temporary living. Recently CHPA asked several corporate housing providers to clarify common questions of corporate housing guests. We thought this was great information for both corporate housing providers and tenants to know. The following excerpts have been approved for re-print by CHPA. Question 6: Temporary Living Why do I need to give a 30 day notice to depart a temporary apartment? A hotel does not require this. A notable difference between hotels and corporate housing...

Top 6 Questions about Temporary Living #4

CHPA, or the Corporate Housing Providers Association is the international trade organization for the multi billion dollar industry of corporate housing or more simply temporary living. Recently CHPA asked several corporate housing providers to clarify common questions of corporate housing guests. We thought this was great information for both corporate housing providers and tenants to know. The following excerpts have been approved for re-print by CHPA. Question 4: Temporary Living I need a place for a short stay for 30 or 60 days, why should I rent from a corporate housing provider instead of an online host, such as...

Top 6 Questions about Temporary Living #3

CHPA, or the Corporate Housing Providers Association is the international trade organization for the multi billion dollar industry of corporate housing or more simply temporary living. Recently CHPA asked several corporate housing providers to clarify common questions of corporate housing guests. We thought this was great information for both corporate housing providers and tenants to know. The following excerpts have been approved for re-print by CHPA. Question 3: Temporary Living Why can’t we get a volume discount for larger temporary living groups such as a summer intern group? Corporate housing costs for expenses such as rent and utilities are...

Top 6 Questions about Temporary Living #2

CHPA, or the Corporate Housing Providers Association is the international trade organization for the multi billion dollar industry of corporate housing or more simply temporary living. Recently CHPA asked several corporate housing providers to clarify common questions of corporate housing guests. We thought this was great information for both corporate housing providers and tenants to know. The following excerpts have been approved for re-print by CHPA. Question 2: Temporary Living Why does availability change from day to day for Temporary Living / Corporate Housing? Availability fluctuations seem mysterious in the corporate housing world; however, the answer is simple. While...

Top 6 Questions about Temporary Living Average rates #1

CHPA, or the Corporate Housing Providers Association is the international trade organization for the multi billion dollar industry of corporate housing or more simply temporary living. Recently CHPA asked several corporate housing providers to clarify common questions of corporate housing guests. We thought this was great information for both corporate housing providers and tenants to know. The following excerpts have been approved for re-print by CHPA. Question 1: Temporary Living The industry average for temporary living is $140 per day. This equates to a $4200 per month apartment and seems expensive. What comprises this rate? When seeking quotes for...

Investing: What to know!

6 MUST Knows before investing in a Corporate Housing Rental Property! If you’ve decided investing in corporate housing is right for you, here are some important considerations to make before you purchase a property specifically for use as a corporate housing rental. Evaluate Price per Square Foot Evaluate price per bed, not price per square foot. While some people think more space or a bonus room are great perks for a home they are going to live in, keep in mind that it’s just added liability for a home you plan to rent.  Purchase the smallest square footage with the most...

Homeowners: Insurance Adjusters and Corporate Housing

Corporate Housing is the solution smart insurance adjusters offer you when water and other damage forces you out of your home. Welcome to summer – tis the season for water damage! Maybe it is just me, but there seems to be more that our fair share of too much water. One of my neighbors was just washing a pair of baseball pants, turned the sink water on and forgot about it for a few hours. After a month of cleaning and drying the entire family, dog and cat all need to move out for at least 2 weeks while...

CHBO Helping Families Displaced by Sandy Find Temporary Corporate Housing

We are very saddened about the devastation Superstorm Sandy has caused our east coast neighbors in New Jersey, New York, Rhode Island, Pennsylvania, Connecticut and other surrounding areas. Our hearts are hurting too even though we are not directly impacted ourselves here in Denver. We know this is a very difficult time for everyone affected – especially for those whose homes will need to repaired or even rebuilt. Many of you will need temporary housing more than ever as you move forward with your lives. If you are or know someone who is in need of short-term housing while...

Austin Lawmakers Agree to Short Term Rentals [Finally!]

Austin lawmakers ruled a few weeks ago to finally allow and regulate short-term rentals after a long and contentiousness public debate. In fact, Austin City Council members reversed a decision they made two years ago that banned short term rentals in Austin. You can read all about the reversal of fortune here. We believe this is a big win for CHBO members and our society as a whole. Having the right to rent out your property as an investment shouldn’t be against the law. It should be a right! There are three key reasons we believe having the right to rent out...