vacation rental

7 Things That Get Corporate Rental Revisits

A recent article on vacation rentals and short term rentals said that “repeat business is the Holy Grail”. In other words, getting visitors who have already enjoyed a stay to book again (and potentially for years to come) is the ultimate goal. Of course, it is also an issue to consider from the opposite side of the coin, i.e. “why are renters only visiting once and not again?” We’ll look at seven things that can help you to win over your renters and nurture ongoing business that ensures they revisit at least once, if not on a regular basis....

Target Your Tenants’ Demographic

If you’re like a lot of investment property owners, you probably want to know how you can attract the very best tenants for your short-term rental properties. After all, if you’re renting temporary apartments in a luxury area, you want to find the kinds of tenants who can afford to pay your rental rates and who will be more likely to take care of your property, right? In a lot of cases, finding the best tenants actually has a lot to more to do with targeting the right demographics than background checks. That’s not to say that you shouldn’t...

Why to Consider the Neighborhood – When Choosing a Corporate Rental?

If you’re relocating for work, whether it’s only for a few months or you’re preparing to move permanently, a corporate rental is a great place to start. You  don’t have to worry about moving or buying furniture, and you don’t have the  pressure of buying a house in a market and/or neighborhood that you don’t know.     All that said, though, you should really do some research on neighborhoods  where you’re considering renting furnished homes. If you’re only going to be  living there for a few months and then returning home, you may not think this is  important, but even if that’s the case, you might be surprised at what a difference  the right neighborhood can make while you’re staying in your corporate rental property. This is especially true if you’re bringing your family with you for your stay, and it’s a good consideration because you never know when you’ll be  offered a permanent position in a new city.  Make Life Easier with a Quick Commute  Even if you aren’t considering staying in the city where you’re renting beyond a  few months or a year, why make life harder for yourself? Research the area  where you’ll be working and look for attractive properties in good, safe  neighborhoods nearby. If you don’t do this, you could end up renting a house or  condo that’s all the way across town and has a dreadful commute. You don’t  want to begin and end your day that way, even if it’s only for a short time.  As you look at neighborhoods where you can find a good corporate rental, look  for all of the amenities you need and want. Do you want to be walking distance  from the grocery store, dining and entertainment, and/or shopping districts? Do  you need access to public transit while you’re staying here? Is there enough  parking that you won’t have to spend an hour finding a place to park your car if  you drive to and from work every day? Answer these questions for yourself and  ask a few more that pertain to your specific needs for a good neighborhood, and  you’ll be much happier while you’re staying at your corporate rental.    Get to Know the Area Before You Buy  As we mentioned earlier, though, you may not only be staying for a few months.  You may be preparing to move here for a new job. In this case, you can get to  know the neighborhood and surrounding area before you buy a house here. ...

The Value of Corporate Housing by CHPA

Never underestimate the true economic value of corporate housing! In our ever changing world of hospitality choices it is easy to blur the lines from one lodging solution to the next. However as a lodging consumer or regulator it is vital to understand the differences so the sins of one product are not inadvertently applied to the wrong industry. CHPA, The Corporate Housing Providers Association is working diligently to better educated everyone on the differences and benefits of professionally managed business corporate housing rentals vs other rental options found in today’s share economy. Please help spread the word of the importance of professional corporate housing. The following...

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...

Rental Laws: Portland, Oregon – Portland Corporate Housing

Whenever you are offering short term housing, or looking for corporate housing, it’s a good idea to familiarize yourself with some of the most important rental regulations and laws in Portland, Oregon. It is important for landlords who are offering Portland corporate housing to remember that even though they may be offering short term rentals, the same laws will apply. Landlord Disclosure Laws in Oregon When renting out housing in Portland, it is important that the landlord make certain things clear and understandable to their tenants before they move into the property. Let’s look at the most important disclosures...

City Spotlight: San Francisco Corporate Housing

The San Francisco corporate housing market is one of the brightest and most active in the country. There’s a simple reason for that—money. Due to the large number of tech firms and other corporations in the area, homeowners, landlords, and property management companies are seeing great profit potential in offering temporary lodging. Some of the short term tenants are tourists and visitors, and others are corporate executives who are transitioning to new permanent housing in the area. In any case, the San Francisco corporate housing companies are growing quickly and doing very well in a crowded market. Because of...

City Spotlight: Houston Corporate Housing

In a city the size of Houston, Texas, it’s a simple matter to locate corporate housing options and luxury apartments. There are literally thousands of options available. It’s the largest city in Texas, and that means “big”. After all, everything’s bigger in Texas, right? With 2.19 million people living within its boundaries, Houston’s actually one of the largest cities in the entire country (the fourth most populous in the US). Houston Corporate Housing features some of the most appealing luxury apartments and other corporate housing rentals in and around Houston. Houston is a hub for virtually every industry on...

Top 6 Questions about Temporary Living #4

CHPA, or the Corporate Housing Providers Association is the international trade organization for the multi billion dollar industry of corporate housing or more simply temporary living. Recently CHPA asked several corporate housing providers to clarify common questions of corporate housing guests. We thought this was great information for both corporate housing providers and tenants to know. The following excerpts have been approved for re-print by CHPA. Question 4: Temporary Living I need a place for a short stay for 30 or 60 days, why should I rent from a corporate housing provider instead of an online host, such as...

Rentals: Do Not Skip the Property Inspection

Inspecting your property between tenants is crucial if you don’t want to have to pay for damages you discover later. Your tenant signs the lease and without hesitation you hand over the keys with the move-in/inspection checklist. “Get this back to me as soon as you can and let me know if anything is wrong,” you say. Sound familiar? Too many landlords ignore the crucial step of property inspections between tenants. However, the effort to accurately document damages to your property between renters can make recovering repair costs much easier, saving you from having to pay for the damaged item yourself,...