A CHBO Fan Will Soon Win an iPad!

We are almost at the end of our Play to 5,000 Fans sweepstakes. When we get our 5,000th fan on Facebook, we will randomly pick a winner to receive a free iPad ($499 value)! If you haven’t entered to win yet, you still can. Simply visit our Facebook entry page and enter your details. Please note that you must “like” our page first in order to enter. This sweepstakes is only open to CHBO Facebook fans. If you’ve already entered and want to earn a few additional last minute entries, simply share the link with your friends. Every time they...

Assessing a Property: Is It Fit to be a Corporate Housing Rental?

Our article about investing in corporate housing discussed the financial aspects of investing in a corporate housing rental property. Now I’d like to address some important considerations to make when purchasing a property specifically for use as a corporate housing rental. Price per bed not price per square footage. 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 number of bedrooms, because, like...

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...

Cutting Down on Losses Between Tenants

Strategies for Minimizing Downtime Due to Tenant Turnover Being a corporate housing landlord can be frustrating at times – especially when you have to frequently transition between tenants. But there are ways to make the transition less taxing, enabling you to optimize your rental’s income potential. Here’s how: Know the tenant’s exact move out date – Oftentimes tenants won’t tell you that they’ve moved out before the end of their lease. For example, you may have someone renting your home through the end of the month when indeed they may have left a few days before the end of...