Not everything is awful ;)
The highlights are below:
- Forward Management allowed us to essentially do a short-term lease and extend our stay from August 1 to November 1. Yes, it was expensive (about 40% of our rent, added). But it was possible and necessary.
- If I successfully found someone to take over my lease in November, Forward Management would reimburse me for 50% of my short-term lease fees. I actually ended up finding three different parties who moved into Forward Management apartments August-November (which the resident referral program was likely a response to)
- We were allowed to cut short our short-term lease from November to October, since we found someone to take over the apartment October 15. We did not need to pay October rent.
- Forward Management allowed us to sell most of our furniture to the incoming tenants and we did not lose any of our security deposits for that tomfoolery.
| Email Exchange |
| Me, to Forward Management 5/28/15: Anyways, I know it's likely not possible, but I figured I'd ask - is there anyway our lease can be extended August - October? There's been a slight/inconvenient change in my degree program, and I just figured I'd ask to see if it was possible to stay in our a apartment, or even take over someone's lease and move into a nearby one for a short period. Thanks again! |
Forward Management to me 5/29/15: I have spoken to my manager. He said that since it's much harder for us to re-rent an apt for that time, we have to charge a much higher short term fee. [1] So, for Aug, Sept and Oct extension, it would be $400/mo extra. I know it's very high but that apt may sit empty for several months depending on whether or not we can find anyone to move in the Fall or Winter. Our leasing season slows down completely as of mid Sept, early Oct. If you happen to know anyone who may be able to sign a lease for the apt in November, he may be willing to reduce the short term fee. Let me know what you decide. thanks, |
| Me to Forward Management 7/30/15: I think I have two different couples who might be interested in my apartment for November 1. I already paid the $400 fee for the lease extension for August, but if getting a new/replacement tenant to move in November 1 can reduce or otherwise eliminate the extension fee for September and October, I'd be really grateful. |
| Forward Management to me: As for your questions, here are the answers: Your full lease extension fees would be paid each month. [2] We will issue HALF of all extension fees paid with your deposit 30 days after your lease ends. This is obviously upon approval of a new person(s) and their taking possession as of 11/1/2015. |
| Forward Management to me 9/4/15: I got [new tenant's] app but waiting on a few bits of info. They mentioned to me that they want to move in around 10/15. Are you able to vacate sooner? Did she mention this to you at all? Keep me posted. thanks! |
| Me to Forward Management: Yes, [new tenant] mentioned this to us. We're planning/hoping to move out by October 1, like on September 30. Things went better than expected...and so our move-out date became considerably more flexible. There's a decent number of people looking for October leases, it seems [New tenant] has also stated an interest in purchasing much/most of our furniture, so we were planning on cleaning, but leaving a considerable amount of furniture behind. If [new tenant]'s application is approved, do we still need to pay October rent+extension fees? Thank you so much, |
| Forward Management to me: [3] No, if [new tenant]'s approved you don't have to pay any additional rents. [4] Let me know what is being left behind so I can make sure maintenance doesn't get rid of anything by mistake when they do the turnover for her to move in. Thanks for being so helpful in finding something. It's much appreciated. Have a good weekend. |
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