Denver, CO – May 20, 2014 – AvenueWest Global Franchise, a leader in the corporate housing industry announced today that they were recognized in Personal Real Estate Investor Magazine’s Annual Top 50 Real Estate Investment Opinion Makers and Market Leaders Awards.
“Personal Real Estate Investor Magazine/PREI as a leading publication for individual real estate investors has a role to identify individuals and service providers who are helping move our industry forward,” stated the PREI editors.
“This is our second year on the list,” commented Kimberly Smith, the CEO of AvenueWest Global Franchise. “We are honored to join this group of respected industry leaders that are working to establish individual residential investment real estate as a reputable and sound investment opportunity.”
We are looking forward to continued help and service for the individual real estate investor. If you are an investor looking for a full service property management company to manage your portfolio of investment real estate, we are located in Atlanta, GA, Boston, MA, Colorado Springs, CO, Denver, CO, Dallas, TX, Fort Collins, CO & Northern Colorado, Phoenix, AZ, and San Francisco, CA. We can match your property with qualified business travelers, corporate housing clients, individuals, insurance claims, athletes, etc. Contact any of our eight locally owned and operated full property management offices that offer fully furnished residential properties.
Thanks to our wonderful Account Executive, Tandice Emswiller, at the AvenueWest Dallas office, we recently received this testimony from one of our happy customers:
“Hello AvenueWest Dallas, I worked with you two years ago in finding corporate housing for two months, and really enjoyed working with you. Last year, we went with another corporate housing company but did not have the same experience. Well we are in need of a place for the summer again for two months in about a month. I wanted to know what you had available. We need a two bedroom preferably in the uptown/downtown area but are willing to go to other parts of Dallas if it’s something we really like.” -Latoya
Way to go Tandice! 🙂 If you would like to see all of our amazing properties in the Dallas metro area, click here. Contact Tandice directly for pricing and availability – (214) 754-7171 or via email Dallas@avenuewest.com.
Our newest location officially opened November 21, 2013: AvenueWest Atlanta located at 5905 Atlanta Highway, Suite 101. AvenueWest Atlanta connects private landlords with business travelers, or relocated families in need of full service corporate housing.
AvenueWest Global Franchise has been tapping into the emerging trend of business executives who are finding both financial freedom and life balance through franchise ownership. Jennifer Haigler, the owner of the AvenueWest Atlanta office, along with her husband Rory, came to the realization she needed the flexibility, provided by AvenueWest, when one day she realized she didn’t even know what her young son was wearing to school that day. Jennifer, a veteran of the corporate relocation industry and a licensed Certified Relocation Professional (CRP) says: “It was a profound moment in time for me as I decided I needed to do something to bring some work/life balance back to my existence.”
AvenueWest’s approach to Managed Corporate Housing is an exciting opportunity that taps into both Jennifer’s previous relocation and corporate housing experience and Rory’s real estate experience as they look to build a long term sustainable business. The Haigler’s say Atlanta is the perfect place to set up a corporate housing shop.
Jennifer continues: “Many relocated families and professionals as well as business executives would prefer to stay in our AvenueWest properties since they provide all the amenities of home. Our properties are in real residential settings instead of the more transient environments found when staying in hotels. The cost to stay in an AvenueWest property is also typically less expensive per night than staying in a hotel.”
Rory adds: Atlanta’s real estate market is currently booming, but there is a shortage of homes available for sale in the metro area.
“There seems to be demand from every corner. As the economy continues to strengthen, more and more people are relocating to Georgia and Atlanta in particular. As of August, Atlanta’s employment grew by 57,100 (a 2.4% increase)! Atlanta’s diverse economy generates a constant flow of people moving into the area to find a new home, and short term housing presents the best solution during that time of transition for relocating families, individuals, and executives alike, especially since the homes on the market are being snagged so quickly,” stated Rory.
“Individual homeowners and investors alike who want to offer their furnished homes or condos as corporate rental properties will have the opportunity to make additional revenue in today’s economy. By partnering with us and using our proven Managed Corporate Housing system, we can both benefit from the growing need for temporary housing solutions in the area. It’s exciting to be able to help owners develop their investment properties and turn them into major profit centers,” added Jennifer.
Kimberly Smith, the CEO of AvenueWest Global Franchise, says that opening an office in Atlanta is the latest step in an aggressive expansion plan that the company initiated in July of this year.
“AvenueWest’s privately owned properties offer more choices to today’s executives or relocated individuals who want a fully furnished property with all the comforts of home, high-end furnishings, and many times, amazing amenities over standard corporate housing rentals or extended stays,” says Smith. “With the Haigler’s knowledge of the area and the local real estate, relocation, and corporate housing industries, AvenueWest Atlanta is uniquely positioned to offer the kind of rental properties required by discerning executives and individuals and families who are being relocated to the area. It also offers the opportunity for private landlords to earn greatly increased rental income on their properties.”
If you or someone you know is being relocated to the Atlanta area, you can contact AvenueWest Atlanta directly by calling 678-901-9171 or by emailing Jennifer at JHaigler@AvenueWest.com. If you are a property owner or investor who wishes to put their fully furnished home, condo, town home, or loft into AvenueWest Atlanta’s inventory, contact Rory at RHaigler@AvenueWest.com.
About AvenueWest Global Franchise
Established in 2010, AvenueWest Global Franchise grew from the desire to expand the business opportunity and corporate housing excellence achieved through the AvenueWest Managed Corporate Housing program that was founded in 1999.
AvenueWest Northern Colorado, a franchise of Denver-based AvenueWest Global Franchise, opened its doors on November 1, 2013 and is owned and managed by Deb Salek.
AvenueWest Northern Colorado connects private landlords with business travelers in need of full service corporate housing.
AvenueWest Global Franchise has been tapping into the emerging trend of departing business executives who are finding both financial freedom and life balance through franchise ownership. Deb Salek was a former senior level analyst with Qwest Communications and now owns her own AvenueWest franchise. Deb’s exit from corporate America is a developing national trend. Her first step was to decide to leave her office job. She built a successful residential real estate business as a broker associate with RE/MAX, which provided the flexibility she needed with her two young children. Then Deb and her husband, Todd, chose to relocate to Fort Collins, CO, a city they found as the best compliment to their quality of life vision. When looking to target the relocation market more specifically, Deb found AvenueWest Managed Corporate Housing to be an exciting opportunity which taps into both her corporate and real estate experience as she looks to build a long term sustainable business.
“Fort Collins offers this amazing quality of life and energy that is fueling growth and causing a positive relocation trend for the city. With a diverse blend of corporations, Colorado State University, state of the art hospitals, government entities and a burgeoning craft beer industry, Fort Collins economy continues to strengthen. Fort Collins is also in the midst of a hot housing market with property inventory at a premium so it may take people several months to find a new home, and short-term housing presents the best solution during that transition.”
Salek continues: “The people that stay in our AvenueWest properties prefer to have the amenities of home and appreciate that it is a less transient environment than what they would find in a hotel. The cost to stay in an AvenueWest property is also typically less expensive per night than staying in a hotel. There seems to be a demand from every corner: corporations, visiting professors, medical personnel, the oil and gas industry, tourists, and so forth. I see the real opportunity as being with the individual homeowners who want to offer their furnished homes as corporate rental properties. They will have the ability to work with us to capitalize on and profit from the growing need for temporary housing solutions in the area. It’s exciting to be able to help owners develop their investment properties.”
Kimberly Smith, the CEO of AvenueWest Global Franchise, says that opening an office in Fort Collins has been on her wish list since the day she started her managed corporate housing business in the LODO area of Denver some 14 years ago and a priority since launching AvenueWest Global Franchise in 2010. “An executive who wants a furnished property with all the creature comforts of home and high-end furnishings will have a strong preference for AvenueWest’s corporate rental properties over a transient hotel setting or other generic apartment rentals. With Deb’s knowledge of the area and industry, AvenueWest Northern Colorado now offers the kinds of rental properties required by discerning executives. It also offers the opportunity for private landlords to earn greatly increased rental income on their properties.”
To offer your property for rent through AvenueWest Northern Colorado, or to find a property during your temporary stay in the area, contact Deb Salek at 970-797-3099 or via email at: DSalek@AvenueWest.com. AvenueWest Northern Colorado connects private landlords with those in need of corporate housing. Corporate housing is defined as fully furnished rental apartments, homes or condominiums offered for rent on a short-term basis, usually for one month or more.
About AvenueWest Global Franchise
Established in 2010, AvenueWest Global Franchise grew from the desire to expand the business opportunity and corporate housing excellence achieved through the AvenueWest Corporate Housing Managed Corporate Housing program that was founded in 1999.
Currently AvenueWest Global Franchise has offices in Boston MA, Colorado Springs CO, Dallas TX, Denver CO, Fort Collins CO, Phoenix AZ and San Francisco CA, and has recently embarked on an aggressive expansion plan with expectations to open an office before year’s end in Atlanta GA.
There are so many fun things to do in the valley of the sun and here are some going on this weekend around the Phoenix, AZ metropolitan area.
FREE 21+ Pool Parties! The Talking Stick Resort is hosing one from 11am-6pm this Saturday and Sunday – ages 21 and up. They are located at 9800 E. Indian Bend Road, 480-850-4350. There is also one at El Santo Cantina from 11am-sunset on Saturday and Sunday. They are located at 7301 E. Butherus Drive, Scottsdale, 480-584-3801.
- Farmers Markets around Phoenix: Phoenix Public Market, 721 N. Central Ave, 8am-noon this Saturday. Ahwatukee Farmers’ Market, 4700 East Warner Road, Phoenix, Az 85044, open Sunday from 8am-11am. Roadrunner Farmers’ Market, 3502 E. Cactus Rd, Phoenix, AZ 85032, open Saturday from 7am-11am.
- 6th Annual Tukee Fest: “Rockin in the Park.” 6pm-10pm, Saturday, September 28th, Ahwatukee Park 4700 East Warner Road, Phoenix, AZ 85044. Enjoy live music, sports games, live motocross jumps and tricks, food and drinks available for purchase from Nello’s Pizza, Macayo’s and Tom’s BBQ. Tickets are $10 for adults and $5 for kids 12 and under.
- Vampire Weekend Concert: 8pm Friday, September 27th. Comerica Theatre, 400 W. Washington Street, Phoenix. Tickets are $29.50-$39.50.
Bret Michaels’ Concert: 8pm Saturday, September 28th. Wild Horse Pass Hotel and Casino, 5040 W. Wild Horse Pass Blvd, Gila River Reservation. Tickets are $54-$114
- Keith Urban Concert: 7pm Sunday, September 29th. Ak-Chin Pavilion, 2121 N. 83rd Ave, Phoenix. Tickets are $29.25-$59.
- Jimmy Eat World Concert: 8pm Sunday, September 29th. Marquee Theatre, 730 N. Mill Ave, Tempe. Tickets are $30 at the door and $27 in advance.
- Steve-O performs live at the Tempe Improv all this weekend. Friday and Saturday nights at 7pm and 10pm and on Sunday at 7pm. 930 E. University Drive. Tickets are $20-$35. Age 18 and up. Two drink minimum required.
2nd Annual Roosevelt Row Chile Pepper Festival. Saturday, September 28th from 5pm-11pm at the A.R.T.S. Market, 408 E. Roosevelt St., Phoenix. $10 in advance, $15 at the gate.
- The Taste at Tempe Marketplace: Help raise money for the local Boys and Girls clubs while enjoying samples from 10 different local restaurants. 5pm-8pm, Sunday, September 29th. 2000 E. Rio Salado Pkwy. Tickets are $40 for one or $70 for two.
- Symphony Idol: “American Idol” alums join the Phoenix Symphony this weekend only to showcase pop inspired tunes. Friday, September 27th at 7:30 pm or Sunday, September 29th at 2pm. Tickets are $18-$83. Symphony Hall, 75 N. Second Street, Phoenix.
These fun-filled fall events are not only great for Phoenix Locals, but for the business traveler as well! There is bound to be one (or more) events going on this weekend that will please your whole crowd.
If ever there is a need for corporate housing or short-term fully furnished housing or full property management in the Phoenix metro area, AvenueWest Phoenix can help you out. Contact us today – we would love to find you the perfect housing solution!
Renting is much more prevalent these days than purchasing a home. Many times, people who are relocated prefer to stay in a rental before deciding to purchase a more permanent living solution. Renting is also great for individuals who want to explore a new city but don’t want to stay there permanently.
Many apartment communities do typically require a year lease to be signed and there are 5 factors that need to be taken into consideration before you sign on the dotted line:
- Laundry. Typically, apartment complexes do not include a washer and dryer in the units themselves but have a common laundry area. Sometimes, washer and dryer hook-ups are available in the units and it might be wise to consider purchasing a washer and dryer or you can rent these. Azuma Leasing rents washers and dryers for a small monthly fee. They are located in most of the states, excluding New England and many of the northern states. If you are okay with sharing a common laundry area, be sure to take note of where the facilities are located in relation to your unit; if weather will be a factor or if you have to climb stairs with your heavy laundry.
- Refrigerators. Sometimes, this is an appliance that is not included in your rental. Azuma Leasing also rents refrigerators or you can consider purchasing one.
- Proximity. Be sure you find out how close you are going to be to your neighbors and what types of sound proofing (if any) the complex has utilized for noise cancellation. Opting for a top floor unit will eliminate noise from overhead but not necessarily next door.
- Storage. Most apartments do not typically offer ample closet space. Sometimes, a unit will come with a storage unit on the balcony. If the unit you want doesn’t have enough room to store your belongings, there are alternatives. Certain furniture items come with built-in storage. There are other organizational tricks online that will help you maximize your space without cramped living.
- Decor. You found the perfect rental within your price range and area but don’t like the outdated feel of the interior of the apartment. Ask your landlord if you could do some small repairs, painting, and updating for a discount in your rent. Be sure that it is agreed upon in writing and be sure you know of any limitations so you don’t get charged for these updates later on.
Most of these items are not necessarily deal breakers but they are important factors to consider before you get into a year-long lease.
What is Corporate Housing and what questions should I ask when choosing a property and a provider? CHPA, The Corporate Housing Providers Association has a best practices guidelines and Certifies individuals as CCHP, Certified Corporate Housing Professionals. Northeast Suites takes their commitment to excellence to another level to ensure your stay is as peaceful and seamless as possible.
Before you depart the unit, you should fill out the departure side of the “unit condition form” or if one wasn’t provided, add to the list you created at the beginning of your stay. To be the most thorough, you should schedule a walk-through with your landlord and/or leasing agent to review the “unit condition report” with you and have them and you sign off on the written form/list and date it. This way, when it comes to getting your security deposit back, you will already be prepared about what to expect.
- Research the amount of days your landlord/community has to refund your full or remaining security deposit. This varies by state. In CA for example, the landlord only has a 21 day window to get these refunded. Most other states are 30 days unless otherwise specified.
- If any damages were deducted from the security deposit, the landlord/community/leasing agent must send over a detailed statement showing what was deducted from the security deposit. If you have all of your ducks in a row including before and after photos with a time date stamp and your copy of the unit’s condition upon arrival and departure, you should be able to fight any damages that have been taken out if you didn’t do them.
- The landlord/agents are entitled to do their own inspection report once you have moved out of the unit. During this inspection, damages that might not have been identified on the unit condition form may be found once the unit is free of the tenant’s possessions. If applicable, these items will be deducted from the security deposit.
- If a cleaning fee wasn’t charged up front, then cleaning charges may be deducted from the security deposit. If there are any damages to the carpets, the tenant can be charged for the useful life of the carpet or the remaining life. For example, the carpet is 8 years old but it was expected to last for 10 years. The initial cost of the carpet was $1,000. The tenant cannot be charged the full amount but they can be charged for $200 which would add up to be the remaining 2 years left on the carpet.
Taking photos and recording details of any damages in the unit no matter how small prior to moving in and out can be huge when it comes down to getting your full security deposit back once you move out.
Be sure you submit any correspondence between you and the landlord/leasing agent in writing. As always, before signing any contract, be sure to do all your research ahead of time so you know what you are getting yourself into.
We hope this series of posts was helpful for all current and future renters. 🙂
Last week, we covered rental agreements and security deposits. This week, we will be discussing a unit maintenance that may arise while you are leasing a property. As a renter, you must take responsibility for any unit damages that were the fault of yourself, anyone staying in the property, your guests, family members, and/or pets. If you company is the lease holder, you will still be fiscally responsible for any damages you may cause during your stay.
- The lease agreement that you or your company signs will outline in detail what the landlord’s responsibility would be in terms of any maintenance issues. If any damage can be deemed a defect in the unit not caused by tenant negligence or fault, then the landlord would be required to fix these issues. Some of the items that might be the landlord’s responsibility might include: Faulty wiring; Structural damage; leaking plumbing; mold; rust, etc.
- If ever there are any issues that the tenant feels are the landlord’s responsibility, the landlord needs to be notified immediately.
- The landlord also needs to be notified ASAP if there are any major maintenance issues such as a burst pipe; broken furnace/heater; backed up sewage, etc.
- It is best to submit any requests to the landlord by phone and in writing.
Again, be sure you know the real-estate laws regarding any maintenance issues in the state you are residing in and be sure that you go over this section in the lease in detail with your landlord.
Stick around for our final post next week regarding a renter’s rights and responsibilities regarding the departure process.
Last week, we covered doing a detailed inspection before you sign any agreement. This week, we will be covering some of the different aspects of real-estate laws in regards to rental agreements and security deposits. Each state’s laws vary regarding leasing agreements and security deposits. Be sure to do research prior to signing anything on the specific state’s real-estate laws. Below are some helpful hints and tips to make you an informed renter:
- Know what type of agreement you are signing beforehand. Is it set for a fixed departure date? Are you able to extend your departure date if you haven’t submitted notice?
- Find out what other fees are associated to the rental. Is there a non-refundable cleaning fee? If you have a pet, are you going to be charged an additional pet fee? Do you have to pay for a rental credit check?
- Ask when rent is due and find out if you have a grace period before any late fees are assessed.
- If a security deposit is required (which most of time it is) find out if it is refundable after you depart. If so, how many days do they have to refund this back to you? This varies by state. In most states, security deposits cannot be non-refundable, but other non-refundable fees can be charged as long as they are separate from the security deposit.
- Be aware that furnished rentals are generally a higher price for rent, deposits, and fees.
Doing your own research beforehand will make you the most informed renter. Some state laws are geared to be more in the tenant’s favor, like California, while others like Colorado lean towards the property owner’s favor.
Join us next week when we discuss maintenance issues.