Home or Condo? What to buy while investing in rental property?

Home or Condo? What to buy when you invest in a rental property? 5 Must Consider factors before you invest in a rental property! What makes a better corporate rental: A single-family home or a condo? This is the million-dollar question in corporate housing, and it’s just one of the considerations to make when deciding the right type of corporate housing ‘investing property’ for you. Obviously, there are many other factors, too, so do your homework and take a “gut” check to find out what kind of investor you are and what type of property works best for you. Consider these factors...

Should You Allow Pets in Your Rental Property?

Did you know that 43% of CHBO property owners allow pets in their rental properties?  We are constantly asked whether a corporate rental should allow pets. On one had, your property is furnished, so there are things that can easily be damaged by a pet. On the other hand, you want to maximize the number of renters you attract, after all, this is an investment and you don’t want to alienate potential good tenants.   Did you know that 43% of property owners accept some kind of pet in their properties, according to the CHBO Annual Report? While pets can...

Temporary Housing Sees Boom As Americans Go Where the Jobs Are

The declining housing market is definitely a large part of the troublesome economy, but one part of the housing market that is seeing a boom is the corporate housing sector. Americans are beginning to face the facts and are relocating for jobs or traveling to cities where they know they will find more work. Because it is difficult to sell their homes and purchase a new home in the city they are moving to, corporate housing has become an option – even the key solution – on both ends of the spectrum. “Homes are the burden around their necks...