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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.
Response by huntersburg
almost 15 years ago
Posts: 11329
Member since: Nov 2010

NO long term tenant wants your crap. So it's only a short - term tenant.

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Response by hol4
almost 15 years ago
Posts: 710
Member since: Nov 2008
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Response by NYCMatt
almost 15 years ago
Posts: 7523
Member since: May 2009

Agree with huntersburg.

Furnished is for short-term.

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Response by jason10006
almost 15 years ago
Posts: 5257
Member since: Jan 2009

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.

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Response by needsadvice
almost 15 years ago
Posts: 607
Member since: Jul 2010

@jason I think I would deduct for your normal rear on the furniture too!

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Response by bramstar
almost 15 years ago
Posts: 1909
Member since: May 2008

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.

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Response by Boss_Tweed
almost 15 years ago
Posts: 287
Member since: Jul 2009

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.

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Response by NYCMatt
almost 15 years ago
Posts: 7523
Member since: May 2009

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.

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Response by jason10006
almost 15 years ago
Posts: 5257
Member since: Jan 2009

For once I agree with Matt!

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Response by NYC10007
almost 15 years ago
Posts: 432
Member since: Nov 2009

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.

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Response by happyrenter
almost 15 years ago
Posts: 2790
Member since: Oct 2008

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.

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Response by jason10006
almost 15 years ago
Posts: 5257
Member since: Jan 2009

Its a love-fest of agreement here!!!!

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