Are There Standards for Furnished Rental Property Exteriors?

A recent online discussion between owners of furnished rentals sheds interesting light on a lesser discussed matter – property exteriors. After receiving poor customer feedback due to the appearance of a back patio, one owner of short term housing wanted to know what fellow owners thought. The responses were intriguing and enlightening. So, if you are someone who offers furnished rentals, here are a few tips to consider: All outdoor areas in short term housing should be well-kept without any dead plants or overgrowth, but formal gardens are not essential. Do put empty pots and gardening tools away for...

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Fantastic Ideas to Help Property Managers Track Maintenance Tasks

As a property manager of a furnished rental, you likely understand how much work you are required to do in terms of tracking and verifying maintenance tasks for your properties. You are required to track all of the paperwork, ensure a repair person is present to take care of tasks, verify the work process as it goes on, track all of the invoices for maintenance work, account for payments, and much more. This is something that can get overwhelming extremely quickly, even for the most experienced and efficient property manager. The good news is that as technology grows and...

A Hollywood Furnished Rental is an Ideal Choice for Any Traveler

Tucked just minutes from the fantastic beach and boardwalk, and yet set within the trendy and appealing Downtown district, this Hollywood furnished rental provides a perfect setting. Whether in Hollywood for business or an extended holiday, this two-bedroom home is packed with style, charm, indoor and outdoor living spaces. Yet, it is but a short drive to the heart of town. Noted as one of the most appealing, but somehow lesser known, areas of eastern coastal Florida, Hollywood is comprised of more than 25 square miles of both coastal and inland areas. Home to the popular Hollywood Beach, with...

Decorating Strategies That Are Guaranteed to Capture the Attention of Qualified Tenants

If you are the owner of a high-quality, upscale executive rental, you already know that your potential tenants have some fairly high standards. They need a property that is spacious, nicely designed and full of premium services and amenities. The furnished rental you have available may already be a “turnkey” property with cleaning services, gorgeous interiors, and lots of features that include WiFi throughout and a furnished terrace in the garden. However, there are still quite a few decorating and design strategies you might use to grab the attention of additional, qualified tenants. No matter where your furnished rental...

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...

Relocating for a new job – What to do with the Furnished Rental?

Job Transfer Leaves Family Miles Apart Laurie Rioux hated the idea of selling her beautiful home – but the idea of living away from her husband for a year didn’t sound good either. She decided to rent out her home as a furnished rental. The couple is now back in their hometown living in their home for good! CHBO Helps Couple Land String of Quality Tenants During Relocation to Abu Dhabi Not wanting to give up her Atlanta roots, Diane Nobels decided to rent out her Atlanta home vs. sell it when she learned her husband was being transferred...

Americans Buying More Vacation Rental Homes

According to data released last week by the National Association of Realtors, Americans are having a love affair with the second home. The number of vacation homes sold in the U.S. went from 502,000 in 2011 to 553,000 in 2012, and of all home transactions in 2012, 11 percent were vacation homes, according to NAR. What Does a Typical Vacation Home Buyer Look Like? A typical second home buyer was, on average, 47 years old. S/He has a median household income of $92,100, and lived a median distance of 435 miles from their primary residence. Are Investment Owners Buying Too? While this...

Success Story! West Hollywood Homeowner Rents Out Guesthouse as Corporate Rental and Finds Sweet Success

Todd Hunter, a building manager of a 10-unit apartment building, decided to add “landlord” to his resume. In 2012, he bought a duplex with a back guesthouse in West Hollywood, California. His plan was to rent out the guesthouse to supplement his monthly mortgage payment. After closing on the property, one of Todd’s friends recommended that he furnish the guest house and rent it out as a corporate rental in lieu of a standard rental. “I honestly hadn’t even considered renting it out as a furnished rental because it’s not a particularly common thing in West Hollywood, at least...

Don’t Forget to Change the Clocks in Your Furnished Rental

A friendly reminder from your friends at CorporateHousingbyOwner.com:  It’s daylight savings time again and as a landlord of a furnished rental, don’t forget to change all the clocks in your property ahead one hour on Saturday night – this is especially important if your rental unit is vacant. Also, make sure to remind your current tenant to change all the clocks too. And just to be on the safe side, go ahead and double check that the clocks are correct when the tenant checks out. Although the bad news is we lose an hour of sleep, the good news...

How to Design a Furnished Rental

My mom used to tell me either you got the eye for design or you don’t. I, for one, don’t have that eye and struggle sometimes making sense of decor. While designing your furnished rental isn’t rocket science, there is an art to making a property feel at ease, tranquil and overall, like a home away from home. Here are some tips to helping design your furnished rental property: Follow the Inventory Check List. A standard corporate rental has to have everything from linens, towels, cleaning supplies and all kitchen wares. We have a full list of items required of...