General markup for FURNISHED rental?
Started by hol4
almost 15 years ago
Posts: 710
Member since: Nov 2008
Discussion about
Assume for a 1 bedroom doorman west 70's... ...and studio doorman west 40's (further up from right by PA).. ..how much more does one rent out due to the fact that it's furnished.. couple hundred bones? half a bill? talking homegoods furniture here.. nothing uber fancy, but clean and sturdy.
NO long term tenant wants your crap. So it's only a short - term tenant.
never. surrender.
http://4.bp.blogspot.com/-Lw8VYEfj1tE/TV59b13rjEI/AAAAAAAB9aA/_OKiEkbnQTo/s1600/Sex+and+the+City+3.jpg
Agree with huntersburg.
Furnished is for short-term.
Its not worth it! I did it once and the landlord deducted from the deposit for essentially normal wear and rear on the furniture! Get your own from IKEA or Bobs. You are doing THEM a favor, since they don't have to pay for storage.
@jason I think I would deduct for your normal rear on the furniture too!
LOL w/needs!! :-D
Hol--I don't know if you're the potential renter or the landlord here, but I agree with the others--it is rare that anyone wants a furnished apartment unless it's for a vacation rental or other short-term situation. Most folks renting longer-term already have 'stuff' and don't want to have to pay extra to store it because they're being forced to live with the landlord's furniture.
I know a lot of people who rent long-term furnished apartments in New York: academics subletting for a summer or a semester or a year, for example. I've sublet my place and I've lived in lots of sublets. In general I charge and I pay the exact rent for the apartment. More than that seems a little skeevy.
If you're worried about damage, get a deposit equal to the damage you're worried about. Usually people charge one month's rent and also expect "normal wear and tear" to occur.
Personally, I think there should be a mark-DOWN for furnished rentals, as I'm providing the landlord a service by storing their furniture for them in "my" apartment.
For once I agree with Matt!
100% agree, it's a handicap, not a benefit. Unless what you're leaving is actually creating a premium, like a 60" Pioneer Kuro wall mounted with Integra and B&W surround system.
depends: are talking shortterm or longterm? for a long term rental you should get a discount if it's furnished. shortterm, obviously you need their furniture, so presumably you pay at least something for it.
Its a love-fest of agreement here!!!!