Rentals: How Much Should I Spend on My Marketing Efforts?

How Much $$$? Where? How?  Are you spending enough resources to market your corporate rental properly? The key to annual rental revenue success is high occupancy, which can only be achieved with quick turnover between tenants and effectively lining up the new tenant before the pervious one departs.  That’s where marketing plays a significant role. Getting a property rented is about having the right property at the right price and being able to connect with the right tenant. As a general rule of thumb, corporate housing landlords should dedicate anywhere from one to three percent of their total annual...

Buying Real Estate? Corporate Housing vs Vacation Rental

When I invest in a real estate rental property is there a right way and a wrong way to rent it? And if so is there a way I can distinguish what is best between a corporate rental vs. a vacation rental opportunity?  What should I look for and what should I ask? According to the 2012 CHBO Annual Report: 19% of Corporate Housing Investors are ready to buy more real estate this year. What is a Corporate Housing Rental? The biggest difference between a corporate rental and a vacation rental is the length of the occupancy. Corporate rentals are...