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Updated almost 8 years ago on . Most recent reply

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Liz C.
  • Property Manager
  • New York, NY
90
Votes |
388
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Very small studio find a tenant

Liz C.
  • Property Manager
  • New York, NY
Posted
Hi all , I have a very small size studio about 300 square feet , a lot people who saw the picture want to see but after seeing it all express that is too small for them. Therefore is hard to rent out Any experience landloard can tell me how to rent out a small size studio quickly Location is in New Jersey about 20 minutes to mahathan by bus .

Most Popular Reply

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Deanna McCormick
  • Minneapolis, MN
1,761
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2,667
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Deanna McCormick
  • Minneapolis, MN
Replied

Studio ,300 sq feet this is a small apartment but perfect for 1 person. see to appreciate, move in ready, credit score XXX income verified to = 3 times rent. Occupancy is limited to 1 person.

I really think 3 times the rent is high,, 2.5 might be better range for studio.

Put down great lease terms,, go month to month,, with a security deposit equal to 1 months rent and if they stay there less than 6 months you keep a 250.00 redecorating fee, and put that in term of lease.  

Studio's are usually the easiest to rent.. in high demand,, and instead of setting appointments,, give address and say you'll be there from 11 to 3 showing unit be prepared to fill out application.

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