Post # 1
A bit of a backstory: FI and I moved to a new city last month for school and a job transfer. We are in a furnished apartment now, but want to start looking for an unfinished unit starting in July. We found a unit we really liked, but when we went to apply, the agent basically said not to bother, because FI had not yet found a job, and my transfer had not been fully completed (we had the cash on hand for the first six months, so I’m not really sure what her issue was, but I digress).
We are both employed and earning income now, and continuing our search for a long-term apartment. This morning we noticed that an apartment in the same building we wanted is available for sublet for the next few months, at which point we can sign a new lease. FI was saying this could be a golden opportunity, because it is the building we wanted, gets us more rental experience, proves we can pay the bills and keep the place in order. I’m not so sure- couldn’t the property management group come back and say “no, we already rejected them”, in which case it’s just a waste of time and effort?
I’ve never been in a sublet before, so I have no sweet clue how it works. Any input would be amazing
Post # 2
You were only rejected based on transfer not being completed and not having a job. Since you last saw the place, you have those two things that would qualify you as able to get the place. Let them know that you have met the two requirements that you weren’t able to meet from last time. However, they might not like the fact that you’ve only been renting at the other place for just a month. If you want to repack and move, then go for it. The worst thing they can do is say no. So,
I hope you have a month-to-month or some kind of a flexible lease on your current place. If you get out of your current lease before a year, you have to look at what penalties would apply. Somtimes a landlord will make it difficult for you to break a lease, sometimes it costs you money to break the lease, some places require a month or more notice prior to moving. So, read your lease and see what the conditions are for breaking it early.
Usually a sublet is that you’re renting it from someone else who owns the place for a short period of time. My friend sublets her apartment when she goes to the EU over the summer and won’t be there for three months. The person who sublets has to have themselves and their stuff out by the end of the sublease period. However, it sounds like you are able to sign a lease after the sublet. I would guess that is contingent on if they want you there. I would look into what might happen after the sublet time frame is up … is the lease a definite or is it contingent on someone not returning to that apartment.
Good luck to you.
Post # 3
Ellicott: The apartment where we are currently staying is only a month-long lease to begin with, as we only needed a furnished unit while our belongings and furniture was being shipped to us. So penalties would not apply, luckily 🙂
From what I gather from the current apartment dweller, she is moving for work purposes and that is why she is needing someone to sublet for her through until the end of her lease. She herself will not be moving back into the unit, and she is under the impression from her landlord that as long as we qualify to stay there, we are guaranteed to be able to sign the lease
Post # 4
Well, great that you are not strapped into a lengthy lease. At least that will look good for you in terms of not being an “apartment hopper”. You can easily tell your agent that you took your current place because it was month-to-month and you wanted a better place once you situated to your new area.
I still say to go for it. Again, the worst that can happen is that they say no. At least you still have a roof over your heads until you can find something better. <br /><br />I hope you get the place!
Post # 5
Papillion: In my experience, when you sublet from a large apartment complex (which it sounds like this is), you have to go through the exact same application process as if you were just signing your own lease. It can’t just be an agreement between the current leasee and you, they would have to tell the apartment they want to sublet to you and then you have to go through the formal process (filling out an application, paying the admin/office fees, providing proof of employment/pay stubs, going through a background check, etc.) The only thing you don’t have to do is sign a full lease term (you just sign a revised lease, basically adding you on to the other person’s lease) and put down a security deposit (the current leasee’s should apply to you). If your situation has changed, however, and you’re more “stable” in the eyes of the apartment complex, it is definitely worth a try to apply now.
And I know how you feel about being rejected yet having months of rent on hand. When I was subletting my mom was a “co-signer” with me on the lease because I didn’t make enough money (she was helping me out after a bad breakup), but my mom works mainly on commission so they gave us a really hard time about her being approved to lease because her actual monthly salary is basically pennies and her monthly commission is in the mid 5 figures, but they said they wouldn’t count commission because it’s not “guaranteed” (nevermind my mom had been making 6 figures wth the same company for a decade and a half). She offered to pay the entire lease term up front, but they still didn’t like that.
Post # 6
I’d say go for it. Their objection to you applying was that your job situation was in limbo. Now that that’s resolved you should be good candidates. From your original post I gather that you didn’t actually end up applying, but took the agent’s advice not to bother, so it’s not like they actually rejected your application. They just told you that at that moment, you did not meet their criteria. Now you do. Apply, and the sooner the better. I don’t know how competitive the rental market is in your area, but it’s always better when you’re the first application in and they don’t have multiple applications to choose from.