CORPORATE HOUSING AND FURNISHED APARTMENTS LANDLORD AND RENTAL BLOG BY CHBO
Have you ever thought about how long the average group of corporate tenants spends time in furnished housing? Knowing how long to make your rental agreements to fit the needs of the average traveler is crucial to a successful rental business. Based on the information found in the 2019 Corporate Housing Real Estate Report, things are changing and you should be the first to know....
Screening tenants is a must! Will you get paid? Will they take care of your property? Are they real? Initial Tenant Screen: An initial phone conversation with a prospective tenant can help you answer these questions: Why are you traveling? When do you need the property? Do you have any special needs? Have you stayed in a furnished rental before? Who will be staying in the property and are any guests minors? Are you anticipating any visitors? Are you bringing any pets? Be on the look out for any potential red flags and ask for clarification when necessary....
Every so often I like to blog about a value-added feabture CHBO offers its members. Today I’d like to talk about the importance of tenant screening and how to do it. Too often, landlords will skip the credit check and background check, likely due to cost or they don’t know how to do it. CHBO takes the guess work out of the process through it’s partnership with TransUnion’s MySmartMove program. To run a credit or background check on your tenant, simply visit MySmartMove page at https://chbo.mysmartmove.com. CHBO has pre-negotiated rates for all CHBO members to take advantage of – score!...