Atlanta, Denver among most searched cities for corporate, furnished rentals

We have our pulse on the furnished rental market and temporary housing trends!

Below is a list of the top 25 cities searched on CorporateHousingbyOwner.com. Atlanta, Denver, San Diego and Dallas top the list of the most queried cities for temporary, furnished apartments.

What this means to you? If you're offering a traditional rental in any of these markets, consider converting it to a corporate, furnished rental because demand is on the rise and you may be in for a more lucrative rental experience.

Top searched cities on CorporateHousingbyOwner.com (CHBO)

1. Atlanta
2. Denver
3. San Diego
4. Dallas
5. Chicago
6. San Francisco
7. Las Vegas
8. Phoenix
9. Los Angeles
10. Philadelphia
    
11. Washington DC
12. Seattle
13. Portland
14. Minneapolis
15. Austin
16. Houston
17. Boston
18. Sacramento
19. Colorado Springs
20. Miami
21. San Antonio
22. New York
23. New Orleans
24. Charlotte
25. Detroit

What's all the "by owner" buzz about?

There has been a lot of buzz about "by owner" corporate rentals. Should you work with a property management company or should you do it yourself? This is a question many of today's landlords and real estate investors are asking themselves.

If you decide to do it yourself, CorporateHousingbyOwner.com is committed to helping you become a successful landlord. Here is our commitment to you:

1) Our job is to send you quality rental leads. If you have a great property, furnished appropriately and in a quality location - and if you list your property following our detailed instructions - leads will most likely find you! If not, contact our specialists who will assess your listing and offer suggestions.

2) We like to share what we have learned - there are no secrets to what we do. Read the hundreds of articles on our blog or our detailed owner's manual (watch for the 2010 update) and be empowered to be your own landlord!

3) Our goal is if we can't help you, we will point you in the right direction so you can find the resources you need to successfully manage your rental property. We want you to succeed! Check out our long list of landlord and housing resources on our website. If you have a housing-related resource, website or link you'd like you'd like to share with others, please submit it on our site as well!

Helping Your Renter Save Money with a Fully Stocked Kitchen

Staying in a corporate rental can save a traveler a lot of money - especially considering the cost of eating out these days! To help your renter eat-in, make sure you stock your kitchen will all amenities your renters will need to prepare meals for themselves.

What kitchen supplies should you provide in your corporate rental? Here's a checklist to help you get your kitchen up to par:

Place Settings:
Studio apartments - dishes/table setting for 6
1-2 bedrooms - dishes/table setting for 8
3+ bedrooms - dishes/table setting for 10

Kitchen - Accessories:
Blender
Broom/Dust Pan
Coffee Maker
Dishwasher
Fire Extinguisher
Garbage Disposal
Icemaker
Microwave
Mixer
Mop
Oven
Refrigerator
Scissors
Stove
Tea Pot
Toaster
Trash Can

Kitchen - Cooking:
Baking Dish
Broiler Pan
Can Opener
Colander
Cookie Sheet
Corkscrew (Wine)
Cutting Board
Fork/Tongs
Grater
Ice Cream Scoop
Knife Set
Ladle
Measuring Spoon set
Measuring Cup/Set
Mixing Bowls
Pizza Cutter
Salt & Pepper
Spatula-flipper
Spatula-scraper
Spoon–slotted
Spoon–cooking
Tupperware
Utensil Holder
Vegetable Peeler
Water Pitcher

Kitchen – Drinking:
Coffee Mugs
Drinking Glass Set
Wine Glasses

Kitchen – Plates:
Large Plates
Small Plates
Bowls

Kitchen – Pots and Pans:
Large Frying Pan
Small Frying Pan
Large Sauce Pot
Small Sauce Pot
Large Pasta Pot

Kitchen – Cutlery:
Cutlery Tray
Forks
Spoons
Knives
Steak Knives

Kitchen – Linen:
Dish Towel
Dish Cloth
Potholder
Placemat Set
Napkin Sets

For more details on how to furnish your corporate rental, please refer to the Corporate Housing by Owner User's Manual.

Furnished Monthly Rental Owners Wanted to Participate in Survey to Measure Do-It-Yourself Landlording

DENVER, November 12, 2009 -- It's no secret that do-it-yourself property management is on the rise - and the furnished or corporate rental marketplace is no exception. But do we really know how prevalent this segment of the lodging industry is? To find out, we are asking owners of furnished rental properties to help.

CorporateHousingbyOwner.com, a website connecting available furnished rentals with corporate housing renters, is sponsoring the first ever survey to statistically measure how many landlords are managing and marketing their furnished rental properties. The survey, conducted by independent consulting firm The Highland Group, also aims to understand trends in furnished rentals and corporate housing.

Kimberly Smith, the co-founder of CorporateHousingbyOwner.com, says that understanding this market can help more property owners understand how lucrative the furnished monthly rental marketplace can be.

"Our hope is to show, statistically, that corporate rentals are a viable lodging segment for anyone in need of month-to-month furnished housing. By understanding pricing, geographic and amenity trends, we are certain we can help more homeowners and landlords," says Smith.

Property owners with furnished rentals should visit the following website to participate in the short survey: http://www.surveymonkey.com/s.aspx?sm=YNliTgS3fKdRDKLP6aytzQ_3d_3d.

About CorporateHousingbyOwner.com – CorporateHousingbyOwner.com 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. The company gives individual homeowners and investors tools to manage a corporate housing property themselves as well as helps them market their property to a mass audience turning to corporate housing to fulfill their housing needs. Please visit www.CorporateHousingbyOwner.com for more information.

The Highland Group Hotel Investment Advisors, Inc. – The Highland Group is an independent consulting firm nationally recognized as a leader in the hospitality industry, known for researching and reporting on the corporate housing industry, extended-stay hotels, B&B operations and others in the hospitality industry. Please visit www.highland-group.net for more information.

What's the difference between Serviced Apartments vs. Managed Corporate Housing vs. Corporate Housing by Owner?

Corporate housing can be confusing because not all corporate housing is the same. In fact, there are three main types of corporate housing:

(1) Serviced Apartments

(2) Managed Corporate Housing

(3) Corporate Housing by Owner

While these three types overlap, they also serve very specific needs. Let me explain.

If you are an HR director and are relocating a group of 20 executives from New York to Denver and you need 20 one-bedroom properties that all look the same and in the same location, you need to go to a corporate housing provider that offers Serviced Apartments. These type of corporate housing companies take apartments, furnish then, turn on the cable, phone and Internet and sublet the property for the term needed by the renter.

If you are a Senior VP from a large financial institution and you need to be invoiced and professionally taken care of - and you're looking for an urban 2,000 square foot loft in the trendy area of town - your best bet is to rent through a company that offers Managed Corporate Housing. These types are companies are licensed real estate brokerages that manage privately owned, fully-furnished properties throughout high demand business areas.

If you are a family relocating to a new city and want to be in suburban home in a specific school district, your best bet is to rent a home directly from the property owner (By Owner) because corporate housing companies generally trend to maintain properties in higher density areas.

Now these are some HUGE generalizations and there are lots of reasons the tenants I have referenced above may choose one kind of corporate housing over another. In today's world where every detail of a property can be accessed by everyone over the Internet, everyone is looking everywhere for the perfect property at the perfect price.

The great news is there are lots of options and you just need to decide what is best for you.

Renting directly from a property owner normally gets you a better price with broader property styles and location. On the other hand, working with a professional property management company might be better for someone who prefers the security, professionalism and service provided by a professional entity with 24 hour emergency services.

The key to deciding what is right for you is asking a lot of questions to learn about each property and company.

My companies are all members of CHPA - Corporate Housing Providers Association - which adheres to a code of ethics and has a formal program for processing complaints about providers. A membership like this gives a company a certain level of credibility above a company that chooses not to be a member of their industry's trade organization.