Short Term Rentals Near Me (Corporate Housing Locations)

Short Term Rentals Near Me (Corporate Housing Locations)

Short Term Furnished Rentals

Are you in need of a place to stay for an extended time? You need some more space since you’re moving for a new job or because your family is visiting. Whatever the case may be, searching online for “short term rentals near me in Chicago” is a great option! 

You can find short-term furnished homes for rent anywhere, and they offer all the amenities of a home. You can stay close to work while still having all the comforts of home by renting corporate housing.

FreeStand Home Solutions offers corporate housing management services for businesses. Today, FHS is changing how people provide short term furnished rentals and corporate housing. We provide our clients with high-quality, detached home facilities. We take pleasure in being outside the box, delivering excellence.

You can reach us at (833) 736-8347 for more information about how our services can help you.

Pro’s And Con’s Of Short Term Rentals

Short term rentals give their owners more control and flexibility over their properties. Here are some of the main benefits short term rentals provide their owners:

Pro’s

1. Vacation Use

Vacation home investors usually rent out their properties when they don’t use them. It’s easier for property owners to book properties listed on the rental market.

Short Term Rentals - Vacation Use
Short Term Rentals – Vacation Use

2. Reduced Wear And Tear

Short term rentals are busy on the weekends and holidays, but it doesn’t last the whole year. Due to this, the property is slower to show signs of wear and tear.

3. Maintenance Is Easier

A short term rental is easier to maintain because of less frequent wear and tear. This property is usually cleaned and put up for rent. Taking action now will prevent long-term property damage. Property owners with short-term rentals have easier access to their properties for maintenance.

4. Cost Adjustments

Short term rental owners can change the rental amount more often than long term rentals. This means that Homeowners can change rent prices. There can be an increase in rent during the summer if there is an increase in demand. Unlike long term rental homeowners, they are not bound to a year’s lease.

There are disadvantages to short-term rentals as well. Rental income depends on bookings made all year, so owners need to sell more to get clients. They can provide special offers, update specified websites, and contact interested visitors. To reduce costs, some rental owners choose to handle tenant turnover. Also, most guests expect their vacation rentals to be well-furnished. It would be essential to update or replace furnishings. But, there will be expenses.

Cons

Short term rentals also come with disadvantages, despite their benefits. The following issues may arise:

1. Market Competition

Short-term rentals tend to lower vacancy and increase income in competitive markets. But, you will be vying with other rental owners and even hotels in the area. You will need to think about what makes your property stand out and how to market it. Also, there is a risk of short term rentals converting to long-term rentals. Short-term rental owners should be aware of the competition in their area.

2. Repairs And Maintenance

Your property may suffer from increased wear and tear if you rent it out every week to new tenants. Short-term rentals may need more maintenance than usual. In turn, this can lead to higher operating costs.

3. The Off-Season Vacancy Rate

You may experience consistent vacancies during the off-season, depending on the market. Include this in your annual costs and reflect it in your rental prices. Low rent rates and offers are available during the off-season.

4. Property Management

Managing short-term rentals requires more involvement than long-term rentals. You’ll be in charge of guest check-ins, cleaners, and maintenance staff. This will need a lot of planning if you are not from the area. There are many qualified property managers available. But, it is an extra expense to hire one.

Features And Amenities
Features And Amenities

What’s Included: Features And Amenities

Short term furnished housing is an excellent option for corporate housing. Furnished homes for rent near me can be a more cost-effective solution than staying in a hotel. Corporate housing rentals have a kitchen, laundry area, living space, and game room.

With corporate housing, you can enjoy all the comforts and perks of home without having to live there. Corporate housing, unlike hotels, is both a product and a service. The product is an apartment or house, and the service includes maintenance and help.

Corporate housing usually includes the following features:

  • Furniture
  • Equipped kitchen
  • Private bathroom
  • Housewares
  • Utilities
  • Electronics
  • WiFi
  • Linens

Short term rentals corporate housing has various facilities. Playroom for children, a patio for morning breakfast, backyard access for barbeques, and working space. Washers and dryers are part of plenty of other amenities as well.

Amenities To Consider:

Outdoor Area

Tenants should be able to stretch their legs and relax outdoors. One-bedroom apartments usually come with a patio or balcony. Corporate housing also has private parking spaces based on the type and size of the building.

Fun And Fitness Areas

Open spaces and Gym are available for fitness activities such as yoga and exercise. But not all the furnished homes or apartments. Pools, treadmills, and exercise bikes are available in these places for your family.

Suitable For Pets

According to the American Pet Association, almost six out of ten households have a dog, and half have a cat. If you own a pet, you may travel with him. Pet policies vary by short-term furnished apartments.

Full-Kitchen

This means that if you are renting a whole furnished home. It also comes with a fully-filled kitchen appliance. You may spend your weekends recreating your favorite meals. Or even bake some cakes, exactly as you did at your own home. 

Deliveries

Corporate apartments often offer delivery services. To make your stay more convenient. You may buy food, toiletries, or cereals and have them waiting for you when you arrive. Delivery methods and types of packages may vary by type of house.

Laundry Services

You will find a washer and dryer in corporate housing. Apartments often offer laundry services, so you don’t need to go to a Laundromat while you are away.

Digital Access

Access to the internet has become a critical aspect of our work and personal lives. People are using it for family communication, but many professionals rely on it. Broadband will most likely be available in a furnished one-bedroom apartment. Some professionals and business travelers may want to enhance their bandwidth. As short-term rental homes have a higher ethernet bandwidth.

Short Term Rentals Consultation
Short Term Rentals Consultation

Customer Service

Ensure to contact the service team before you can rent a furnished home or apartment. Many managed short-term rental homes or apartments have an emergency phone line. A form that you can fill out on their website is not enough. You must be able to reach a representative at any time, day or night.

Be sure to search for a furnished home or apartment that makes you feel safe, comfortable, and happy. You’ll be more productive and enjoy your stay. Start typing in your browser for “Furnished Homes For Rent Near Me.” Here are a few that FHS offers.

Rentals We Offer:

Short Term Rentals Location

Short term housing near me is a good choice for travelers and business people. It gives you features of a home like a kitchen and living area to make you comfortable during your stay. Many short term housing locations offer cheaper fees than hotels if you stay longer.

Locating a short-term rental can be like locating a long-term rental. Consider the following when making a list of possible neighborhoods:

  • It should be near famous attractions like parks, restaurants, and other features.
  • Are your rental unit and the area you live in crime-free and safe for visitors?
  • Public transportation can be valuable even if you do not choose a property in the city center.
  • You need to know the location to know the rental rates and income. Vacancy rates change according to the season in a touristy area.

An excellent short-term rental location is in high demand among tourists. You should learn about the area and whether it has:

  • Transportation access and nearby attractions.
  • Good selection of restaurants, pubs, and shops.
  • High levels of tourism throughout the year.

If you are an investor, you may consider getting a property. That you can use only during one or two seasons. And the rest of the season, you can have it rented out for more income. There would be less competition if you’d like to rent out or vacate the property. Find a place that brings tourists throughout the year if you only want to make money with your property.

If you are a business person and looking for “short term housing near me.” A comfortable stay with all the services you need. You’ll enjoy stunning views and spacious living spaces from these corporate housing locations. We recommend taking advantage of these vacation packages. If your work schedule allows it!

You can call us at (833) 736-8347 for more information about how our services can help you.

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