Corporate housing is a new venture to the real estate industry that is fast rising to be one of the most lucrative business ideas. For those who do not know what corporate housing is, then this is the right place to know about it. Corporate housing is the renting out of a fully furnished house that is located in a certain neighborhood instead of staying in the hotels. The house can be a villa, condo or even an apartment.
The main reason for having corporate housing is that there are some people who like their privacy, some of their jobs are too highly classified that it is not safe living in a hotel since there are plenty of people coming in and out. Highly ranked military personnel and government officials prefer corporate housing as they seek to stay private. Not only is it suitable for the state officials, there are those company officials that prefer corporate housing too. The comfort and environmentthat corporate housing offers is at its best since most houses are in the good neighborhoods. It is also easier to provide security through corporate housing than it is in extended stay hotels.
Corporate housing offers the tenant the feeling like he/she is living in at home. This wholesome feeling provides comfort to them. Every customer service is offered to them just like in the hotel rooms and the tenant is assured of having a better stay. Instead of buying food from an expensive hotel, the tenant can cook for themselves or have the house attendant assigned to them do the duties themselves. The housing companies usually provide the option of having the cleaning lady cum cook to offer the service for you. They are assigned to tidy up the house and do laundry for the tenant. This only happens at the request of a tenant.
Landlords have woken up to this new trend in the real estate industry due to the many benefits it comes with. There are fewer losses in the business. Approximately, the highest percentage of damage to the house happens during the process of moving in and out of the apartments. Therefore, the more frequent the house has tenants moving their furniture and stuff, damage is done to the house. This includes high renovation costs every time. Corporate housing is already fully installed with furniture thus there will be no need to move anything.
The tenants will tend to take care of the houses since they pretty much feel like the house is their home. Also, since most of them are busy, they will only use the place for sleeping purposes. This reduces the exposure it has on damages.
The http://www.nmsproperties.com/west-los-angeles-corporate-housing also lists the various places you can find the houses. Easy accessibility to the place of work is vital thus the corporates houses are situated in plenty of locations for the choosing by the tenant. They also have the prices written for the tenant to help in the planning procedure.