Sherman Oaks, CA · Member since 2013 · 3k+ posts · 2k+ votes
(Moderator the short term subject option does not come up on my tablet.)
Bpers I got this email today.
"I have a client in need of a 1 month, short-term lease. The insurance company is willing to pay approximately $500/month short-term premium in addition to the rent you are requesting. If this is something you would be interested in, please contact me. "
Now I was hoping for this type of tenant, corporate level sort of speak. My advertised rent price is $3000 per mo so this would be $3500 for one month. Btw the unfurnished rental value was $2200 for 2015 so this is my attempt is to bump this up dramatically. My hope is to continue and develope this as a regular higher paying corporate rental if possible. Anyone doing this type of rental? Has it worked out? How much should move in be... 7k?
Our own furnished rentals are aimed at students and academics (post docs) and are generally for a term (4-months) or longer, however another landlord here in town provides "Executive rentals" - furnished along with dishes, towels, sheets, etc and he takes a full months rent (the maximum under law here) as a security deposit. Most of his units are in the $2200 - $3000 range ... though, I believe he has one which is a little more.
I know this is third-hand, but this fellow has been doing it for 20years, so it must be working for him.