We’ve finally made it through the summer! Do we dare say 100 degree days are behind us? Maybe we’ll whisper it just to be safe. As expected, as the weather cools in the desert it’s also cooling in the high country. This means color! Fall leaves will soon be decorating the mountainsides with an array of oranges, golds, reds and browns. Fall in the Arizona mountains is something you don’t want to miss! In this article by azcentral.com you will find detailed information on areas all over the state that offer amazing opportunities to witness this beautiful time of year. Keep in mind that depending on the region it could be early October to mid November before some of the leaves begin to turn. The US Forest Service has provided a website that will give you all the information on when certain regions come alive and how quickly you need to start planning your trip.
Just a little Friday humor. Have a great weekend everyone and let’s hope Monday doesn’t sneak up on us too fast!
Kimberly Smith has written another informative article. To start the week off we thought we should share it with you…
6 MUST Knows before investing in a Corporate Housing Rental Property!
If you’ve decided investing in corporate housing is right for you, here are some important considerations to make before you purchase a property specifically for use as a corporate housing rental.
Evaluate Price per Square Foot
Evaluate price per bed, not price per square foot. While some people think more space or a bonus room are great perks for a home they are going to live in, keep in mind that it’s just added liability for a home you plan to rent. Purchase the smallest square footage with the most number of bedrooms. Just like a hotel, when you rent out a corporate rental, it’s priced per bed, not by square footage.
Avoid First Floor Units
If you’re purchasing a condo as a rental property, avoid first floor units. People who don’t know the city may not feel as safe in a first floor unit (which can negatively affect your rental success), and often, people will use a first floor rental to advertise a business that they may conduct in the unit.
Location. Location. Location. Location can single handily ensure your property is rented continuously. Look for homes in urban areas, near train stations and airports, and close to universities and hospitals. Typically, these locations rent well and have the best resale value.
Functionally Obsolete Homes Can Make Good Rentals
Don’t rule out functionally obsolete properties. Sometimes a property that is a poor long-term home is a perfect short-term, furnished rental home. For example, homes with tiny closets or kitchens (which some consider functionally obsolete) make wonderful furnished rental properties because they are usually less expensive to buy and provide good cash flow.
View & Amenities Matter
Views and amenities matter. When people are visiting a new city for business or pleasure, they want to enjoy all the city has to offer. Corporate tenants like city views, covered parking and free gym access. Keep these things in mind when creating a desirable corporate rental property.
To see this original article and many other great corporate housing advice and information visit Corporate Housing by Owner’s blog by following this link.
If you’re new to the corporate housing world either as an investor or looking for a place to rent, sometimes jumping into it feet first can be a little overwhelming. Working with agents, property managers, tenants, and/or landlords can be intimidating at times. Quite often the professionals throw out acronyms and terms that can sound like a foreign language if you are unfamiliar with the business. Attempting to learn the lingo can be stressful and definitely not something you want to add to an already busy time in your life.
Kimberly Smith is familiar with this scenario and has compiled her own Corporate Housing Dictionary as a tool to help the newbies learn the vocabulary. The goal in mind was to hopefully get everyone involved educated and on the same page when it came to the wonderful world of corporate housing. Follow this link to read more and to see the full list of terms. Don’t worry, there won’t be a test at the end; although, we may throw in a pop quiz from time to time just to keep you on your toes!
We’ve had some wacky weather lately that has cooled things down a bit; but, don’t be fooled, summer is still here my friends. For this weekend’s fun cool “getaway” idea we thought we’d stay local and send you indoors. On Sunday, August 24th head on out to the Arizona Cardinals pre-season football game at University of Phoenix Stadium. Stay cool inside this state of the art, one of a kind stadium while enjoying the amazing talents of our Cardinals football team as they host the Cincinnati Bengals. Game time starts at 5:30 pm and tickets range anywhere from $30 to over $100. Put on your red and black, apply that face paint, arrive early for tailgating and cheer on your Arizona Cardinals to victory!
Have a great weekend everyone and Go Cards!
New property to feature this week! This time we’re taking you to a very nice location with easy access to all points within the east and central valley. Come check out this beautiful condo with so much to offer you may not want to leave!
Wonderful one bedroom condo with easy access to Phoenix, Tempe and Scottsdale! You will enjoy the comfort and convenience of this perfectly contained short-term, fully furnished rental. ALL utilities are included: high speed internet, cable, phone, electric (cap applies), and water. You can move right into your new residence!
This condo community offers several amenities like a resort-style swimming pool and spa which is heated during the winter months, and fully equipped state-of-the-art fitness center. Lounge by poolside cabanas that have their own misting system to keep you cool. Enjoy a barbecue in our beautiful picnic area and surrounded by a panoramic mountain view.
Red Rox is located within 3 miles of Old Town Tempe, ASU Campus, Phoenix Zoo and Botanical Gardens, San Francisco Giant’s Training Camp, Oakland A’s Training Camp, Phoenix Sky Harbor Airport, Papago Park Golf Course and much more., ,
For more information please contact us directly at 602.753.2412 or visit our website at http://phoenix.avenuewest.com.
Ok football fans…the wait is almost over! We’ve got about 1o days to go before the NFL preseason begins and 42 until the Green Bay Packers will take on the Super Bowl Champion, Seattle Seahawks, to kick off the regular season. The pursuit for the Vince Lombardi Trophy will soon commence and the road to Arizona will be in hot pursuit! No matter which team you are a fan of, they are all starting from the same point for 2014 and they all have a shot at making it to the big game in Glendale, AZ next February.
If you haven’t already started planning your football getaway to Arizona it’s time to begin. Glendale’s University of Phoenix Stadium is hosting both the Pro Bowl on Sunday, January 25, 2015 and Super Bowl XLIX (49) on Sunday, February 1, 2015. No matter if your team makes it to the big game or not, you will most likely still have some favorite players show up for the Pro Bowl. Get your lodging reserved now for at least 2 weeks of football, BBQ’s, tailgating and WARM WEATHER!
Contact AvenueWest Phoenix at 800.928.1592 for more information on our available rentals. Also, if you are interested in having us manage your investment property contact us as soon as possible so that we can have you set and ready to go before the big game!
Are you thinking of upgrading your rental property and focused on keeping your costs low? Can’t seem to locate your creative muse at the moment? There are several ways to give your investment a face-lift without breaking the bank. We’ve got some tips laid out for you that should brighten up your place just in time for some fresh new tenants! Follow this link to CHBO where you will find a very informative and creative article written by AvenueWest‘s own, Kimberly Smith, to help you with some inspiring ideas and inexpensive upgrades. Martha Stewart who?
This week’s property feature is our contemporary 4 bedroom single family home located at the Stratland Estates in Gilbert, AZ. With easy access to the 202 freeway it makes for a very convenient place to stay in the East Valley. Here are a few of our picks to help you find what you need around town when you stay here with us…
Dining – Stratland Estates is located in the heart of the Gilbert suburbs. With this excellent location anyone can find exactly what they’re craving within just a few miles. One spot we thought you might like to try is Brio Tuscan Grille located in San Tan Village just 1.6 miles away. They have a wide variety of Italian dishes on their menu with an elegant atmosphere to help you unwind after a long day. Chef Gustavo takes pride in his creations and makes it a point to visit with his clientele during the evening to make sure everyone is content. With a large variety of wines to go along with your meal this is a very good spot to unwind and enjoy your evening. 2150 E. Williams Field Road, Gilbert, AZ
Gelato – In recent posts we’ve chosen to reserve this spot for coffee shops. However, with the 110 degree weather that we’re having this week we thought that a much cooler treat might sound a little more delightful. Frost Gelato Shoppe will surly satisfy in the most gruling Arizona summer temperatures. Stop on by for some authentic Italian gelato recipes to help cool you down on a hot summer day. They have a wide variety of flavors and lots and lots of air conditioning to keep you frosty while you sit and enjoy your summer treat. Oh, and for those of you who would still like some coffee…they’ve got that too! Iced and hot! 2150 E Williams Field Rd, Ste 120, Gilbert, AZ
Grocery – Fry’s Food Store is the largest grocery store located by the house at just 0.8 miles away. Known for their low prices, Fry’s will not disappoint at the cash register nor with their huge selection of foods. Did we mention this house has a pool? If you like to grill or entertain stock up at the food store before diving in! By the way…they sell sunscreen too! 3261 E Pecos Road, Gilbert, AZ
Fuel Up – with such easy access to the freeway you’re going to want to get out and explore. Once again, Quick Trip is the gas/convenience store of choice for this particular location. It’s just 1.7 miles from the house and right by the freeway. Stop by before heading out to fuel up and grab a cold beverage for the road. 3720 S Val Vista Dr, Gilbert, AZ
If your travels lead you to Gilbert, AZ we hope you will choose to stay with us in this beautiful home. For more information on this location or any of our other properties feel free to contact us at 800.928.1592 or email@example.com.
Last month AvenueWest Corporate Housing celebrated their 15th Anniversary! As an established proven leader in the corporate housing industry, AvenueWest has plenty of reasons to celebrate. As you will see in the attached story by Janine Low, husband and wife team Eric and Kimberly Smith haven’t had a chance to slow down since they founded the company in 1999.
Please follow this link to read more and join us in congratulating Eric and Kimberly and the entire AvenueWest Team.