Why Rental Rates are Need to Know: I had been renting my property for $1k/month, now that I know better, I get $2k/month through CHBO.
Denver, Colorado (PRWEB) November 17, 2014
Real estate investing is back and the trends are showing more real estate growth potential. As smart investors look to diversify their real estate and investment portfolios more property owners are turning to monthly corporate housing rentals as the best way to adhere to real estate rental laws, minimize time needed to manage a property and maximizing rental income opportunities.
Successful corporate housing property owners and managers have found that investment and management trends reported in the CHBO Corporate Housing Real Estate Report are essential tools for their financial success. Trends: Last year the top reason for being a corporate housing landlord hit an all time high of 59% for those who chose corporate housing rentals as a long-term investment. That’s up from 47% in 2011, and above the peak of 55% in 2009.
To support the success of DIY landlords of corporate housing rentals, gain insights into industry trends and better understand how such trends can help shape rental management and extended stay lodging solutions, CorporateHousingbyOwner.com (CHBO) announces the 6th annual Corporate Housing Survey. CHBO is dedicated to supporting the knowledge and success of corporate housing rentals with CHBO’s primary goal to provide an online portal connecting qualified properties and tenants as quickly as possible to meet the demand of today’s extended stay – corporate housing traveler.
The results of this survey will be used to develop the 2014 CHBO Corporate Housing Real Estate Report, which will provide corporate housing landlords, real estate professionals, real estate investors and property managers needed data, emerging trends and insights about everything from how to better promote rental properties, to how to improve the way they furnish and market their rental properties.
Historically, responses were received from property owners across the United States and around the world. The highest response rate has come from property owners in California, followed by Colorado, Texas, Washington and Illinois.
The survey is broken into 8 main sections.
- Property Owners – Who, What, Where, Why and When
- Outlook and Profitability
- Rental Rates
- Property Management Trends
- Rental Properties
Independent property owners and managers of corporate housing rentals are invited to complete the survey online. Data is being collected through December 15, 2014 and findings will be reported on January 15th, 2015. The 2014 CHBO Corporate Housing Real Estate Report is offered Free to all survey participants.
"CHBO Members continue to ask for more facts and figures to make them the most profitable corporate housing providers. The CHBO Team continues to hear from our members about how much this information allows them to make the right choices when it comes to investing in, marketing and managing their rentals," says Kimberly Smith, co-founder and CEO of CHBO.
The 6th annual CHBO Corporate Housing Survey will provide insights into:
- Pricing trends for monthly, furnished corporate housing
- Average security deposit fees charged by corporate housing landlords
- Required length of stays in the monthly corporate housing rental marketplace
- Pet policies for furnished housing
- Predictions, corporate housing landlords sentiments about the future
To complete the survey, go to: https://www.surveymonkey.com/s/2014SurveyCHBO. All entrants will be entered into the drawing to win an iPad Air courtesy of CHBO. Winner will be chosen at random from those that complete the survey. All emails collected will be kept confidential.
Look for the 2014 CHBO Corporate Housing Real Estate Report on January 15th, 2015 available free to all survey respondents.
About CorporateHousingbyOwner.com (CHBO)
CorporateHousingbyOwner.com is the number one marketplace for furnished corporate housing rentals. CHBO was founded in 2006 out of a need to connect private homeowners and real estate investors offering furnished, short-term rentals with corporate housing seekers such as traveling executives, relocated professionals, traveling nurses, actors, athletes and more. Today CHBO servers the larger Corporate Housing - Extended Stay Lodging market. CHBO also offers individual homeowners and investors tools to manage a corporate housing property themselves as well as help them market their property to a mass audience turning to corporate housing to fulfill their housing needs. Please visit http://www.CorporateHousingbyOwner.com for more information.