Lucky Seven: The USA’s Seven Hottest Housing Markets in 2017

Home ownership can be a gamble. Forces beyond your control can have a strong effect on the value of your home. Economic trends, climate change, corporate relocations, your neighbors; there’s a hundred possibilities that can improve or harm your home value. But that’s true of many investments, and historically real estate has been a good place to spend your investment money. Nowhere has it a better roll of the dice in 2017 than in these red hot real estate markets. In markets like these, people are increasingly turning to corporate rentals to find great high-quality housing options. Seattle, Washington ...

The 4 Step Process to Delight Your Tenants

How can you attract more tenants, reduce your vacancy rate, and decrease your turnover rate, all at the same time? Learning what it takes to delight any tenant from the moment they see your property online until they pack their belongings and leave will help you get incredible reviews and bring in more long-term tenants than you ever thought possible. So how can you make your corporate housing property irresistible? Just follow these steps. Plan a Delightful Destination Your short-term rental could be the most beautifully decorated place in the world, but in general people don’t fly to a...

3 Ways Short Term Rentals Will Always Be Better Than Hotels

If we were to quickly summarize the three ways that short term rentals are always better than hotels, our list might look like this: More privacy More space A lot more money in the pocket After all, furnished rentals are usually properties that initially were built as homes or as seasonal homes for people who enjoy vacationing or staying in an area. Unlike the hotel-based corporate apartments commonly used, privately owned corporate housing (also described as corporate housing by owner) tends to look and feel nothing like a hotel. The furnished housing of this kind will include apartments, condominiums,...

Rentals: Furnished Corporate Housing vs Unfurnished

What is best for your real estate investment: Corporate Housing versus a Traditional, Long-Term Rental. Top 4 things to consider when deciding if your rental is best as a corporate housing rental or traditional unfurnished rental. While corporate housing can be quite lucrative and make your property stand out in a sea of available rentals, it’s not the right strategy for everyone. If you are an investor looking to purchase the right type of rental property, review the following information to determine whether you and your property are the right fit for corporate housing – or whether your property...

Corporate Housing: Should You Allow Weekly Rentals?

It’s likely a prospective tenant will ask if it’s okay to rent your property for only a week.  What will you say? From time to time you may be asked by a potential tenant if you would be willing to rent out your property for a week-long stay. Typically these tenants are looking to book for a future date (ie, a planned vacation). While most corporate housing stays are at least one month long, it’s not uncommon for corporate housing owners to be approached with someone in need of a weekly rental from time-to-time. So should you allow it?...

Reflecting on the Corporate Housing Annual Report

A couple of weeks ago we released our 4th annual by owner Corporate Housing Annual Report. We conduct the Report each year in order to uncover trends, challenges and opportunities facing the corporate housing industry, particularly those who own and manage their own individual properties (also known as by owner landlords). We noticed a few unique trends in this year’s report when compared to last year’s report and I’d like to take the time to reflect on them in the blog. First, one interesting tidbit is that less people are calling their short-term rental properties “vacation rentals.” In fact,...

Do Business Travelers Primarily Use Corporate Housing?

We’re continuing our blog series to share key findings from the 2011 “By Owner” Corporate Housing Report, an annual survey sponsored by CHBO to better understand the “by owner” rental marketplace. The latest report was released in January 2012 based on 2011 trends. If you’re going to offer your property as a furnished, short-term rental (aka, a corporate rental), then you want to have good reason for doing so. One reason may be to serve the need of a target audience. In the 2011 “By Owner” Corporate Housing Annual Survey, we asked landlords what were some of the reasons...