A pool of data and connection with large companies is required. These links can be found on LinkedIn, after which you should write to the Human Resource departments of large firms. These companies include construction and fleet companies. Developing a website also helps expand the market.
Corporate housing is an advanced rental model where a home or apartment owner can let their furnished houses to a business. This concept allows owners to make up to eight or ten times more money than the normal monthly rent. The design is similar to a hotel only that daily housekeeping is excluded. This setup can be very beneficial to expatriates. There are three main ways to customize a house depending on the customers. Some of the factors to consider include luxurious environment, home environment or how long a client wants to stay in the house. This makes your competition for accommodation space equal to that of hotels.
Profits go over the roof when a house is rented for over twenty days. Long term vacation rentals in furnished apartments yield higher returns. The owner can choose to offer discounts. If, for example, a hotel offers a room for a hundred dollars per person, you can choose to compare the prices and services they offer and cut the price by half. However, if you find out your services are exceptional, like a double-decker bed and a bathtub you can charge one hundred and fifty dollars per night. At the end of the month, you end up earning three times more than a landlord. Most employees in corporate relocations do not prefer buying homes in their new city of work. This is where renting a home comes in. Property management companies such as National Rental Assistant come in handy to solve this problem. Employees find it difficult to buy homes due to lack of loans, difficulty to sell their current homes and sometimes the relocation is only temporary. Rental Assistance also provides vacation apartments for customers on holidays. The company offers area tours, rental property tours, demographics and environmental data to their clients. This helps them get a lot of customers and make more money than conventional landlords.
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