Short rentals - Corporate housing is big in San Francisco
The San Francisco Chronicle reported last Sunday that the latest thing in City rentals is corporate housing. This might also be a way around the rent control issue for San Francisco landlords and create way to get positive cash flow by renting to corporations. It provides an alternative to vacation rentals which are seasonal.According to the article, there are management firms that specialize in this type of rental who work with corporations and home owners to secure temporary housing for workers who are brought in for varying reasons. Their commission is high, about 30%, but might be a great alternative to long term rentals.
Landlords might want to check into this rental option.
- Mick Orton
posted by SFResidence.com @ 8:19 AM
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