CORPORATE HOUSING AND FURNISHED APARTMENTS LANDLORD AND RENTAL BLOG BY CHBO
Throughout the state of Washington, more and more tenant advocates and leaders are pushing for officials to offer better protection for tenants. This is just part of the struggle we see as the coronavirus pandemic rages on. This is something that affects all landlords. It applies to you, whether you provide traditional housing or corporate short term rentals....
You likely already know that the coronavirus is causing massive amounts of uncertainty in different ways. For instance, this new virus has led to stocks that have plunged down to 30-year lows. Are you offering furnished rentals as a part of the housing industry? This probably makes you wonder what you have to worry about with coronavirus sticking around, at least for now....
Back in 2011, a study by SatisFacts estimated that the average cost of turnover for a rental property was as high as $3,900. When you take into account days lost to repairs, vacancy, professional cleaning, standard maintenance, and marketing, the cost of turnover can leap to several months of income if the property was being rented. Working for lease renewal is a great option and something all corporate housing managers should have strategies in place for. We have three that can help you on that path....
It can be frustrating and confusing to look at the rental rates of corporate housing which is furnished and see the numbers all over the place. Everything from the date you want to move in to the term of the lease can have an effect on prices....
Everyone who LOVES to move, raise your hand! Right, not a single hand went up because no one enjoys the packing up, unpacking, lifting and hauling, and other hassles of a move or relocation. This is why corporate housing for rent has become a popular choice for those who are in the midst of any sort of move or relocation. Whether for business or personal reasons, it can be difficult to find short-term housing that meets your needs. That means if you are a property owner, you will want to market your corporate rental as a better alternative. Of...
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,...
Few of us can forget the sadness we felt when we saw homes burn down during the Colorado Springs wildfires, or when tornadoes ripped through Joplin, Missouri. And of course, the images of Super Storm Sandy will haunt us for a long time. As we gear up for severe weather across the nation, it’s important to understand and plan for where you will live should disaster strike your home. Now is a great time to check your homeowner’s insurance policy – specifically the “additional living expense” section. Do you have insurance housing assistance, which enables you to stay in...