St. Louis Corporate Housing Your Home Away From Home | Page 11
Investing in Corporate Housing:
The New Way to Manage
Properties
Corporate Housing in St. Louis is Profitable to Landlords
Corporate housing in St. Louis is a great investment for building
owners who would like to become landlords. Individuals who
rent the properties tend to work in professional positions, and
will likely care for the dwelling with more care. Stays are
usually short, from one week to a few months, allowing for you
to go in and clean and maintain each apartment, rather than
waiting for a whole year or more. Tenants will usually pay a
sound price for well-kept housing because it offers more
amenities and comforts than staying in a hotel.
Of course, there is a drawback. The downside is that contracts
are rotating, and you must have enough interest by
professionals to keep your housing occupied year-round to earn
a steady income. However, if you maintain high-quality rental
properties, you will have little problem advertising to top
professionals.