Posted on March 14th, 2023

As a property owner, you have a range of options when it comes to renting out your property. One of the most lucrative and in-demand options is short-term corporate rentals. With more people working from home and in industries that require a lot of travel, there is a growing need for comfortable and flexible short-term housing for professionals.

Choice Management Services LLC specializes in providing top-quality corporate rental services to property owners in Clayton and the surrounding areas. In this blog post, we'll explore the many advantages of offering short-term corporate rentals and how they can benefit both you and your tenants.

Advantage #1: Higher Rental Income

One of the most significant advantages of offering short-term corporate rentals is the potential for higher rental income. Corporate rentals typically command higher rates than traditional long-term rentals, and they also offer the potential for greater occupancy rates.

Choice Management Services LLC offers customized rental options designed to maximize your rental income. We work with you to determine the most effective rental rates and terms for your property, ensuring that you get the most out of your investment.

Advantage #2: Flexible Rental Terms

Another major advantage of offering short-term corporate rentals is the flexibility they provide. With corporate rentals, you can offer rental terms as short as one week or as long as several months, depending on the needs of your tenants.

This flexibility is a significant advantage for both you and your tenants. It allows you to accommodate a range of rental needs, from short-term business trips to longer-term assignments, while providing your tenants with the flexibility and convenience they need.

Advantage #3: Lower Vacancy Rates

Vacancy rates can be a significant source of stress and financial strain for property owners. With short-term corporate rentals, however, vacancy rates are typically lower than with long-term rentals.

Because corporate rentals are in high demand and offer flexible rental terms, they tend to have higher occupancy rates and lower vacancy rates. This means that you can enjoy a more stable and predictable rental income stream with fewer worries about vacancies or missed rent payments.

Advantage #4: Attractive to High-Value Tenants

Short-term corporate rentals are typically more attractive to high-value tenants, such as business travelers, executives, and other professionals. These tenants often have higher incomes and are willing to pay a premium for high-quality, comfortable, and convenient accommodations.

Choice Management Services LLC understands the needs and preferences of high-value tenants. We offer customized rental options that cater to their needs, from fully furnished units to high-speed internet access and other amenities.

Advantage #5: Professional Property Management

Managing short-term corporate rentals can be a complex and time-consuming process. With the help of a property management company, however, you can streamline the process and ensure that your rental property is managed professionally and efficiently.

Choice Management Services LLC specializes in providing top-quality property management services to property owners in Clayton and the surrounding areas. We take care of everything related to your corporate rental property, from tenant screening and lease agreements to maintenance and repairs, to ensure that you can enjoy a hassle-free rental experience.

Offering short-term corporate rentals is an excellent way to maximize your rental income, minimize your vacancy rates, and attract high-value tenants. With the help of a property management company like Choice Management Services LLC, you can enjoy all the benefits of corporate rentals while minimizing the stress and hassle of property management.