Tenant finding a new tenant for landlord?
Started by wiivile
over 12 years ago
Posts: 52
Member since: Aug 2012
Discussion about
I've rented my apt for 4 years and need to move out due to rent increases. The landlord said that if I can find a new tenant, I can get out of my lease a couple months early. As a tenant, am I allowed to advertise and show the apartment and act like a broker in having new tenants fill out the application and send it to the landlord? Also, can I advertise the place as 'furnished' and have a new tenant buy the furniture from me? A tenant advertising and showing his apartment to his "successor" seems strange to me, but I'm not sure why this isn't more common, especially since it benefits me by being able to unload furniture and also benefits the tenant by saving a broker's fee. It's not subletting, they would be signing a new lease with the landlord...
You are fine as long as you don't collect a commission. Find out the price the LL is willing to lease at--it might be so high to be hard to find a replacement. Aside from this it sounds win-win especially if it is in the price range where someone starting out renting would want to buy the furniture.
Seems totally fine, as long as you have the landlord's okay. Also, this is more common than you think.
Don't collect a commission. Advertise on a place like Craigslist. Be clear and transparent about the fact that they will be finishing the remainder of a pre-existing lease (or however the landlord wants to do it). The landlord SHOULD charge the same amount for rent. As for your furniture, that is something I'd recommend just to SELL, again on Craigslist or whatever, and that money then goes to YOU. that way there's no confusion as to who the furniture belongs to (you or the landlord). It then becomes the new tenant's, and doesn't get muddled with the landlord's money/property. You can sell it in the same listing, so its a "furnished apartment," just make sure you're clear that it's not leased like the apartment is, that the furniture will be their responsibility.
Furnished reduces the pool of interested parties. Your goal is to find a tenant first. The rest is secondary, don't lose sight of that. Also consider offering a discount (eg rebate) for the months someone is taking over the lease (ie doing you a favor).
neither sonya or cunterburg can read. the op clearly states that the new tenant will be signing a new with the owner, therefore no need to "rebate". stupid asses
jimmyboy can't read. my post never stated anything about a "rebate." Stupid ass.
[oh, and don't you dare be constructive, kiddo!]
Sonya_D
about 20 hours ago
Posts: 320
Member since: Jan 2013
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Seems totally fine, as long as you have the landlord's okay. Also, this is more common than you think.
Don't collect a commission. Advertise on a place like Craigslist. Be clear and transparent about the fact that they will be finishing the remainder of a pre-existing lease (or however the landlord wants to do it). The landlord SHOULD charge the same amount for rent
"the landlord SHOULD charge the same amount for rent"
the OP clearly states that this will BE A NEW LEASE.
stupid, illiterate cunt.
How is charging the same amount a rebate?
How is having a new lease a rebate?
How does a new lease mandate a higher rent?
Please prove that this new lease must be higher, that it must not be lower (ie, a REBATE).
Next, please point to where I said there would be no new lease.
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.
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Wow, baby steps today, eh, jimmyboy?
No matter, I will continue to spank you around every which way, as per usual... :D
your idiocy knows no bounds. read the OP. it is clearly stated that he is moving because the rent has been raised. a new lease will of course be at that rate, and not the current rate (as you ignorantly imply assuming this is a sublet). stupid, stupid stupid.
Wow. read MY post. Show us where I said:
(1) there is a rebate ("the landlord SHOULD charge the same amount for rent" <
*<
*should read: "<
jim_hones10
about 11 hours ago
Posts: 3287
Member since: Jan 2010
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neither sonya or cunterburg can read. the op clearly states that the new tenant will be signing a new with the owner, therefore no need to "rebate". stupid asses
I disagree and so should you. There is a marketing cost to the apartment. Sometimes that's a broker like you. Sometimes it's a rental office doing its own direct advertising. Sometimes it includes an incentive like a free month. Or some combination of the above.
In this case, this owner has limited marketing resources, needs to find a tenant immediately (a month of rent is an asset that can not be recovered), and so the best way to do it is to include a rebate inducement or call it whatever you want, some payment even if the lease is direct between the landlord and the new tenant.
Of course James Hores, you don't even realize I'm highlighting that real estate has marketing costs, which is your line of work. But you are a dimwit with low ethics in a sham marriage scam.
Wait, so jimmyboy scams in his personal life too?? I thought he just did that in his work!
Alright "Sonya", relax.
lol, ;-)