How to Dress Up Your Corporate Rental

You wouldn’t go to a job interview or a blind date with wrinkled, mismatched fashion or disheveled hair, would you? If you have ideas of turning your abode into a corporate rental, whether it’s your vacation pied-a-terre or investment property, remember that the same mantra applies to featuring your rental property: Dress it up! As a property manager, I’ve seen properties that have never seen a day of vacancy and properties that languish on the market. Why you ask? Well, of course location and amenities have a lot to do with it. But I’ve also come to realize that...

Single family home or condo? I say it depends on YOU!

This is the million dollar question in corporate housing: What makes a better corporate rental, a single family home or a condo? The answer isn’t always clear because there are needs for both. However, consider these factors when making your decision: Upkeep: Single family homes typically require extra upkeep and maintenance (especially if they’re older). They require regular yard maintenance, exterior painting, roof repairs, etc. On the other hand, condos only require maintenance within the unit as the upkeep of the exterior and common areas are maintained by the HOA and are part of the monthly assessment. Condos create...

Back By Popular Demand… Renting!

MOBILITY Magazine, April 2009 The challenging real estate market that is being felt all around the United States has made renting en vogue once again. Nunan explains how transferees and real estate companies are adapting to this challenge. By Elizabeth D. Nunan, CRP, GMS Relocation divisions across the country have seen notable increases in their rental business during the last 12 months, some reporting increases as high as 40 percent. And with rental inventories on the rise, the market has become quite appealing to many. There are numerous factors behind this new trend but one that resonates the loudest...

Is NOW the right time to invest in Corporate Housing?

Everywhere you turn today you hear that now is the right time to buy real estate – especially for investment purposes. But is this sentiment true for corporate housing investors too? The answer isn’t black and white. Those wanting to invest in corporate housing real estate must be sure to do their homework, work out the numbers and then decide if it’s time to move forward with an investment property. Here are some questions to ask yourself before you invest in a corporate rental property: Is the market still depreciating or are you seeing signs of a recovery? It’s...