Property Management: 4 Smart Home Products to Help Manage Your Corporate Housing Rental

Have you ever heard it is not what you make but what you save that makes you successful. Well the phrase has never been more relevant than when talking about utility expenses and property rentals. There is no additional value that you, your tenant or the property gets from paying more than you need to on your bills. Today, Kerrie Kelly, a professional interior designer walks us through great ways to save money and increase the value of the rental property you offer. – Kimberly 4 Smart Home Products to Help Manage Your Corporate Housing Rental By Kerrie Kelly, ASID Energy bills are...

Trends: Corporate Housing Real Estate Landlords

“Who is a Corporate Housing Real Estate Landlord?” is a question we get a lot at CHBO. Real Estate investors want to know if they would be a successful landlord and if their property would be a good match for the needs of the business travel. The following is what we found in the CHBO Annual Corporate Housing Real Estate Survey. Property Locations – Where is your property located? We received hundreds of survey responses from property owners and real estate managers across the United States including 32 states and the District of Columbia. Similar to last year, the...

Insurance Questions for Your Provider and Your Property Manager

For most people, homeowner’s insurance is pretty straightforward. Since they’ll be the ones living in the house, they aren’t overly worried about getting coverage in case of an accident. In general, they just want to be able to pay no more than their deductible if there’s storm damage to the house or if there’s a break-in. For landlords looking for insurance for rentals, especially those with furnished housing, insurance is an entirely different beast. If you’re signing on with CorporateHousingByOwner to rent furnished housing to corporate tenants, you’re going to have a few questions for both your insurance provider...

DIY Property Management: Updating Bathrooms in a Corporate Housing Rental

How to Create an up to date Corporate Housing Rental by setting a Budget for a Bathroom Renovation: In The CHBO Corporate Housing Handbook we talk about the importance of clean and up to date corporate housing rentals. Remember when determining your rental rates the first factor is the number of bedrooms and the second factor is the number and quality of your bathrooms. Remember your corporate housing renter is not just coming to stay the night, they are coming to rent your property for an extended period of time (according to the last CHBO Annual Report 15% say...

Real Estate Investing: The Lottery Backup Plan

Real Estate Investing: The Lottery Backup Plan – just in case you didn’t win! I know we were all a little surprised last week when we didn’t win the billion dollar lottery.  The great news is we have other options for building our wealth that don’t have to include luck and unachievable odds. Since I get to talk a lot about real estate investing I thought I could share a few of those ideas with you… If we could all win the lottery the reality is we probably would not be in the market for investment real estate. However, since the...

Corporate Housing Annual Survey – Complete for a chance to win a $100 Amex Gift Card

Corporate Housing is not part of the share economy and CHBO has the data to prove it. CHBO Launches 7th Annual CHBO Corporate Housing Real Estate Survey Everyone who completes corporate housing annual survey will be entered to win a $100 Amazon.com gift card! Length: 8 Topics, Approximately 5-10 Minutes (General, Property, Rental, Renters, Property Management, Pets, Marketing, Corporate Housing) Purpose: Make you a more successful landlord by giving you the data you need to best market and manage your rental properties. Report: You will receive a FREE pdf copy of the completed report by January 15th 2016. We will send...

DIY Rental Style: Designing the Perfect Corporate Housing Rental

How to Design a Corporate Rental Property that is a Must Have Place to Live: 5 DIY Kitchen Sinks to Consider for Your Corporate Home Style Life is really too short not to have fun or live in a property that is not fun.  As consumers we are conditioned to take what we can get, rather than asking for what we want.  If you are a property owner with a rental property, take a little time and money upfront to design a “Must Have” rental.  Then, take great photos, so potential renters can see all your hard work, and...

5 Reasons to Choose Corporate Housing by Owner

As a property owner or investor, you will always perform regular assessments of your various holdings to be sure they are generating adequate returns, performing as expected, or if they need to be handled differently to adjust for trends. Because property investment tends to mean holding the asset rather than attempting to sell it, you usually want to hear that trends indicate positive changes in the future. Fortunately, anyone who has a stake in CorporateHousingByOwner will be able to enjoy some terrific news from reports and statistics about corporate housing trends. With the advent of furnished housing websites, people...

Property Manager – A Want or Necessity?

According to one of our recent reports at CorporateHousingbyOwner, we discovered that around 82% of property owners are taking care of their own property management. While it’s certainly possible to do, is it always a good idea? Do you really need a property manager? Let’s look at the pros and cons of working with property managers, tips on finding a great property manager, and how you can take care of some of the management on your own if you need to. Benefits and Drawbacks of Having a Property Manager Trying to manage your fully furnished apartments for rent is...

Rental Management: Software for your Corporate Apartment

So if success is defined by setting customer / tenant expectations and then meeting or exceeding them you may need some additional property management software tools to help with the management of your corporate apartment and to save you from the physiatrist! HELP! Ok where do you start? I have always used property management software that allows me to track all my property details and all my tenant details in one place.  What I need is at least… Cloud Based. Reservation Board. Accounting. API Feeds (ex send my availability calendar directly to CHBO). Mobil Property Inspection Forms. Cloud Document Sign and Store....