Corporate housing survey

Learn about Marketing Trends in Accordance to CHBO Property Owners

The key to the highest ROI for your property is high occupancy. This can be accomplished with quick turnover or with longer term leases. To insure quick turnover between renters, you have to secure the next reservation in advance. Having self descriptive photos, video, and corporate property description that leaves no question unanswered is the most effective way to secure that next reservation. Internet Reservations Online bookings have become more popular​as these systems allow property owners a 24-hour window to confirm reservations, communicate with potential renters and get additional paperwork signed. Property Apps for Mobile Devices Contact Us For all inquires,...

Corporate housing Survey

Learn about Security Deposit Experiences in Accordance to CHBO Property Owners

CHBO always recommend owners opt for the ARDP. This option is a win/win for the owner and the renter. Renters don’t have to tie up large amounts of money and owners don’t have to nickel and dime their tenants or worse come out of pocket for accidental damages during the lease term. Owners just submit a claim with repair/replace receipts and through the ARDP the owner is reimbursed, the best part is they don’t have to involve the tenant. Deposits can be deal killers as most property owners know. What happens when there is damage? If you charge the...

Real Estate Secrets: Details of the Successful CHBO Property Owner

The real estate secret is revealed as CHBO details what a successful Corporate Housing Property Owner looks like. Frequently we get asked, “Can my rental be a successful corporate housing rental and how do I compare to other successful CHBO real estate property owners?” Great questions and here at CHBO we love to know how thinks work, why they are the way they are and what other people are doing to be successful and how that information can make everyone more successful. So a huge “Thank You” to the hundreds of real estate investors across the world who took...

Top 5 Property Owner Mistakes and How to Avoid Them

Property Owner Mistakes are a part of life – but learn about a few that you need to avoid. Read more below… When you choose to become a Corporate Rental Owner, you are essentially starting your own business. There are many factors to consider in terms of compliance, tenant selection, and finances. Here are some of the most common pitfalls new property owners experience and the best bets for avoiding them. 1. Using a generic or outdated rental agreement. It is all too easy to find a free, downloadable rental agreement online, yet using one could do you more harm...

Annual Report: Corporate Survey Respondents

Corporate Survey Respondents Property Locations. Hundreds of property owners from across the United States (including 38 states, the District of Columbia and Puerto Rico) and Canada responded to the 2013 survey. The highest response rate came from property owners in California, followed by Colorado, Texas, Washington and Illinois. Number of Properties. 42% of corporate survey respondents say they have one rental property – about the same as 2012. Meanwhile, 41% report they have two to five properties. This group is up from 35% in 2012 – but the percentage is back to a similar level seen in 2010. Years...

#1 Way property owners can protect against losing money $$$

One of things I love about real estate investment is you can protect the property against loss and you can even protect yourself from loss of income – I can’t think of any other investment that can offer these advantages – I recently met these guys at a PREI conference and I thought you property owners would find this interesting and helpful – Kimberly. Insure The Asset, Now Protect the Income You’re a real estate investor; your properties are your assets and every investor from the experienced head of a REIT, to a first time landlord, knows that in...

Top 5 Mistakes Made by New Property Owners and How to Avoid Them

When you choose to become a Corporate Rental Owner, you are essentially starting your own business. There are many factors to be considered in terms of compliance, tenant selection, and finances. Here are some of the most common pitfalls new property owners can fall into and the best bets for avoiding them. Using a generic or outdated rental agreement. It is all too easy to find a free, downloadable rental agreement online yet using one could do you more harm than good if you run into trouble with your tenants.  Your best bet is to work with a real...

I’m not sure.. Maybe I could try.

What properties work for corporate housing? Who rents corporate housing? Is the marketing going up or down? What don’t I know? These are normally the first questions I get if I am talking to a reporter, a business associate or a property owner. Mostly I just like to answer with stories. I also like to tell about the stories that most people don’t think about. Renters – Last week an insurance company needed a new home because a family’s home heating oil leaked and their home is going through an environmental cleanup. This week a new mother-to-be needed a...