10 Things to Know About Short Term Rentals

Why is it so hard to find a short term rental?

Let ‘s face it. Most people rent investment property want sure money. If you are only staying 2 or 3 months, that means a landlord has to find someone else to fishort term lease rentalll the property. Keeping this in mind when you are looking for something short term will help you in your search.

 

 

Why do short term rentals cost more?

Rental property is a business, just like Microsoft or Nike. If there is no profit, there is not rental property. Short term leases usually mean higher vacancy, which leads to additional fees so the property can continue to short term leaseoperate. This additional fee is worth the convenience of being able to leave after 2 or 3 months without obligation.

 

 

 

If my company is signing the lease, why do I have to undergo a back ground check?

Understand that background checks are standard in most rentals. If your company hires a corporate housing company like Capri to set up your rental for you, the credit check can often be waived, Background checks are to ensure the safety of the coshort term lease backgroundmmunity that you will be living in. Find out if you need to fill out any paperwork to expedite your move in date.

 

 

Why can the rent quote from a corporate housing provider only be good for a short time?

When you receive a quote from a corporate housing provider, they may only be able to promise the price for 72 hours or less. Many property management companies have adopted a pricing model that varies the rent to compensate for seasons of high vacancy.  An apartment could cost $1500/month for a 3 month lease one week, then soar to $2600 next month for the same lease term. To lock in a price, often it is necessary to make a decision quickly.

 

How much advance notice do I have to give when I leave?

In most metropolitan areas, apartment communities require a 60 day written notice to vacate. Your corporate housing provider will very likely have the same provision in your lease with them. Whatever that period is, know that you are responsible to pay the rent through the notice period. Put the date on your calendar so you can plan ahead, and avoid any unpleasant surprises.

 

Hope you enjoyed these first 5 steps of the 10 Things to know About Short Term Leases, next week, we’ll talk about the remaining 5. Stay in touch!

 

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Black Belt Selling-Closing With Confidence

My husband, Phillip, introduced me to Eric. When Deena challenged me with those four painful questions three years ago, I started reading books about sales. Two months into my quest, Phillip forwarded an email invitation for a free conference call about objection handling. I cleared my schedule to be on the call. Because he was a sales trainer, I assumed Eric had always been good at sales. However, that is not true.

Going from fearful to Confident!

Going from fearful to Confident!

Do you feel like a sales failure?
“I actually start off as a sales failure,” Eric shares. “I was terrible at it! The first sales team that I was on was comprised of about 15 sales people. I was the bottom producer my entire first year. At the end of that year I missed quota two months in a row and was written up because of it. My sales manager told me I had one more month or I would be let go.
“Dr. Moines took a scientific approach to selling. He wrote his PhD dissertation on what separates sales super stars from average sales people. If you ask people who are naturally gifted at selling how they close so many sales, they will often say they don’t know. They just do it. Dr. Moines studied these sales super stars to uncover what makes them so successful.
“Through his extensive research , he observed several striking traits they shared in common. They told the same stories, presentation after presentation. They closed in the same way. They asked similar probing questions and prepared for their clients in the same way. Dr. Moine literally cracked the code!”

Systems work!
Dr. Moines taught Eric a system for selling based on his research. When Dr. Moine said, “Do this here, do that here,” Eric did it. He taught Eric to create an outline of the presentation that he was going to deliver. To this day, if Eric has a presentation tomorrow, today he is going to spend time creating the outline of what he is going to cover and in what order.
That first month , Eric made his quota of $10,000. The following month, he sold more than five times the quota, becoming the top producer in his division! Since then, he’s never looked back. According to Eric, “It’s kind of like riding a bike. Once you learn how to do it, you know how to do it for the rest of your life. ”

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