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Updated over 2 years ago on . Most recent reply

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Benedict Feole
  • New to Real Estate
  • NYC
5
Votes |
6
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How to Sublease Rooms without Rmmts Knowing You're the Landlord?

Benedict Feole
  • New to Real Estate
  • NYC
Posted

Hi all, I'm getting a three-bedroom place in Brooklyn (Greenpoint) and am going to furnish the full place myself (I took the lease in my name), and sublease the other two bedrooms for more than mine on 3-6 month leases to offset rent and maintain control of the design of the place and lease. 

Any advice or ideas on how I can have a proxy person to manage questions and issues the two tenants may have? I guess this would be a property manager, but I don't want to pay someone 8-15% of the monthly total rent ($4850). I haven't decided which website to go with, in terms of screening, application, lease etc (Apartments.com, Innago, Avail, Zillow > open to advice on what is the best). 

Would Avail, or Innago, or Zillow offer such a service? A type of customer support who can be a front face to the tenants so I as a fellow roommate don't have to? 

I've lived in a place in Oakland where one roommate was the "Sublessor", and when I found out I was subsidizing her rent (she earned a profit), I was pissed (maybe unrightfully so). I'm just looking to avoid bad blood where possible. 

Going to try to include in the rent once-per-week wash a fold laundry, free coffee, granola bars, oatmeal, pasta, a bidet, and other non-basic amenities. Open to suggestions there as well. 


Thanks for any thoughts.

Most Popular Reply

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28,057
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,062
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28,057
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Benedict Feole:

Reddit is full of young people living in their mom's basement with nothing better to do than hate anyone that's doing better than they are. Bad place to talk about money.

I disagree with hiding your identity. Lying to them may result in bigger problems if/when they find out the truth. I believe in being honest up front.

  • Nathan Gesner
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The DIY Landlord Book
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