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Updated about 7 years ago on . Most recent reply

User Stats

43
Posts
11
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Pra Che
  • Investor
  • West Coast
11
Votes |
43
Posts

Want to lease to Corporate rental

Pra Che
  • Investor
  • West Coast
Posted
I have units in the midst of several companies In Seattle area. How do I get corporate rent my place? Any pointers and direction and thoughts will be helpful. What are pros and cons of leading to corporate rental approach?

Most Popular Reply

User Stats

732
Posts
490
Votes
Neal Collins
  • Developer
  • Portland, OR
490
Votes |
732
Posts
Neal Collins
  • Developer
  • Portland, OR
Replied

@Myka Artis Yes different ballgame now. Penalties can range up to $1,000 - $5,000 per day now in Portland for short term violations. There have been a few cases of the city really coming down hard, but when we got dinged it wasn't quite that severe, but it nevertheless was enough for us to get into compliance with their new rules.

Because we operate out of Appfolio with our long-term rentals we advertise on all the same marketing platforms with the corporate. Dozens of website but the majority of time we get a lot of traffic from Zillow, Trulia, etc. We'll never make the mistake of using Corporate Housing By Owner ever again. What a waste.

We also have attempted to work with relo specialists, traveling nurse groups, large companies, and realtors in town but have gotten very mediocre results thus far. How about you?

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