Finding a short-term lease unit is hard but it is not impossible. All you need to do is search a little harder or use keywords that clearly state what you need since this type of subletting often place their ads under terms such as "short-term lease" or "flexible leasing".
However, this type of leasing usually charges higher than normal rates, so be prepared for a little battle of negotiation. Here are some tips to ensure that you are getting the best deal out your short-term lease.
If you want to try and get the best deal on a short-term lease, look for apartments that have been on the market for a long time or where the building has had a high vacancy rate. Owners of these units generally are more desperate to get a tenant into the apartment so they may be willing to work with you on your terms.
You can also check with a building owner whether they have any apartments that need cleaning done or minor repairs. If you are able to clean them or take care of repairs for the owner, you will be in a very good position to negotiate the terms you are looking for.
Also, be prepared to pay a few months of rent upfront. Any tenant who is willing to pay money in advance is hard to turn away, even for short-term leasing.
It works in your favor if you can negotiate with your landlord to include the utilities charges, such as water, in the monthly bill. This is because paying separately for such services along with the monthly installments is very uneconomical, especially if you have already paid for the refurbishments and maintenance.
Before signing any leasing contract, check it for any hidden fees. Find out if deposits to be forfeited by the tenant and other inconveniences to grant you the short term-lease.
It is essential to discuss in detail with the property owner any added cost that are beyond the lease agreement. Make sure to be fully satisfied with the contract before signing it.
However, this type of leasing usually charges higher than normal rates, so be prepared for a little battle of negotiation. Here are some tips to ensure that you are getting the best deal out your short-term lease.
If you want to try and get the best deal on a short-term lease, look for apartments that have been on the market for a long time or where the building has had a high vacancy rate. Owners of these units generally are more desperate to get a tenant into the apartment so they may be willing to work with you on your terms.
You can also check with a building owner whether they have any apartments that need cleaning done or minor repairs. If you are able to clean them or take care of repairs for the owner, you will be in a very good position to negotiate the terms you are looking for.
Also, be prepared to pay a few months of rent upfront. Any tenant who is willing to pay money in advance is hard to turn away, even for short-term leasing.
It works in your favor if you can negotiate with your landlord to include the utilities charges, such as water, in the monthly bill. This is because paying separately for such services along with the monthly installments is very uneconomical, especially if you have already paid for the refurbishments and maintenance.
Before signing any leasing contract, check it for any hidden fees. Find out if deposits to be forfeited by the tenant and other inconveniences to grant you the short term-lease.
It is essential to discuss in detail with the property owner any added cost that are beyond the lease agreement. Make sure to be fully satisfied with the contract before signing it.
About the Author:
The writer has been blogging on negotiating leases for the previous two years. In addition, the writer likes writing regarding New York City real estate, such as Beekman apartments as well as Turtle Bay apartments.
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