3 Tips: Electric Cars and Corporate Housing Rental Expenses

To Plug or Not to Plug! That is the Corporate Housing Rental Electric Car Question! 3 Landlord TIPS At our house the family was very excited the day the new electric car began parking in our garage. But we own our house and even though we had to invest in an electrician to install the charging station, we also invested in solar panels on our roof to off-set the expense of charing our car. Yes, we love our electric car!   BUT as a landlord the world of electric cars adds a whole new element to Corporate Housing Rentals. Electric cars...

DIY? To Manage or Not to Manage Furnished Rentals

That is the question! Do I? or Don’t I? Want to manage my furnished rental all by myself, with human help, withprofessional help or with computer help?  and at the end of the day will I need professional help from a physiatrist? STOP… Sorry the answer is not all about you. What does your customer/renter want? What does your customer/renter expect? What can you deliver? Success as a property landlord is all about setting and then meeting or exceeding the expectations of your customer/renter! And don’t forget about your most important marketing investment: The Tenant Review. Make sure your customer/tenant has a...

Rental Discounts & Extended Stay Rentals

Yes there are generally rental discounts available for EXTENDED STAY RENTALS if you are willing and able to sign a longer term lease 🙂 Defining a “Longer-Team Lease” How a property owner defines a “longer-term lease” can vary significantly, depending on the market and the property. One property owner’s definition may be three months, while another’s definition may be 12 months. Nonetheless, while these discounts may be applied differently, the discounted amounts are fairly consistent. If you’re new to real estate, the takeaway here is to avoid over-discounting. Very few property owners discount by 15% or more. The key...

Great Corporate Housing Rentals: Unique Styles a Must

If you have been following this blog you know I am extremely passionate about great corporate housing rentals!!!  If you are a corporate housing renter you should expect cool, unique and stylish rentals.  If you are property  owner you should provide cool, unique and stylish rentals.  More great news is that you have just survived the winter and now it is time to get out and enjoy spring and your corporate housing rental should be no exception.  This month Karrie Kelly, a professional interior designer, gives us great advice about creating unique style in your rental’s outdoor space… Great Corporate Housing Rentals...

Property Management: Creating a Furnished Executive Rental

How do I get started turning my rental into a corporate / executive furnished rental? Here at CHBO we get this question every day. From a big picture perspective we always suggest reading the CHBO Real Estate Corporate Housing Report and The Corporate Housing Handbook to give the best overall details. But don’t get lost in all the details and how many forks are expected when your tenant arrives. Start by applying common sense. Think of yourself as the business executive who gets paid well and has a lot demanded of them. Then think of this person being asked...

Corporate Apartments: Who, What, Where & Why #8

So many questions so little time… Here at CHBO we are passionate about people and finding ways of connecting the best possible Corporate Apartments options with the best qualified renters. For over 9 years CHBO has worked to develop a web platform to connect the world of travelers and the world of Corporate Apartments rentals. Now for the 6th year we are conducting our annual survey of the Corporate Apartments real estate industry from which we are able to provide the Annual Corporate Apartments Real Estate report on the trends and expectations of our industry. Your information is essential...

Corporate Housing: Who, What, Where & Why #4

What makes a successful corporate housing provider? What makes a successful Corporate Housing Renter? Where is the corporate housing industry going? Why do people use corporate housing? Who provides corporate housing? Should I pay or charge a security deposit? What about pets? How do I find corporate housing rentals? Your information is essential to assure together we are all more successful – if you own or manage corporate housing rentals please take a minute and complete the 2014 Corporate Housing Survey and get qualified to win an IPad Air!   What we learned from last year’s Corporate Housing Survey #4…...

Property Management & Design: Manage Winter Cold with Window Coverings

I don’t know about you, but here in Denver it just dropped 20 degrees in the last hour and now I am just looking out my windows waiting for the snow to start. At my house we just swapped out the screen door for the glass insert, disconnected all the outdoor hoses from the house and swapped out the filters in the furnace. What do you do to get your house and your rental properties ready for managing winter cold? As a Canadian I often get asked if I just like the cold. My response is aways, “No I...

Happy Halloween: Remove the Scary from Property Management

5 Tips to take the Halloween Scare out of Property Management The truth is, nothing is more scary than the unknown, and sometimes property management and corporate housing can fall into that category. As in all haunted houses, when you turn on the lights the reality is far less scary than your imagination. That is why, here at CHBO, we work hard to share with you all that we have learned about managed corporate housing. Success in real estate comes when you know what to expect, you plan ahead and you connect with your goals. Loosing money is VERY scary...

Tips: Reduce Liability

12 Tips for Reducing Your Rental Management Liability: Adding rental and property management services can boost your profitability. Be sure to protect those gains with these 12 risk-management ideas. By G.M. Filisko It can be a wise move to broaden your business base by expanding the services your brokerage offers, and handling rentals and property management is a natural segment into which to expand. That’s especially true given market changes in the past few years. “For the past couple of years, we’ve seen more first-time landlords—people who couldn’t sell their home and wouldn’t have ordinarily been landlords,” explains T.J....