CaliGirl628
New member
Hi everyone,
I am a new member. I found this board while scouring the net in desperation. It's time for me to renew my lease, and so far, I'm not excited about my options. Any help out there?
I've lived at Los Olivos for 18 mos paying $1665. I moved in while they were still doing construction, which is now complete. My unit is currently listed at $1900/mo on the site, but it's a floor plan variation. I don't have a coat closet shown (and wow could I use it!), so I'd imagine actual market rate would be around $1880. My lease renewal options are:
5 mos: $1810
18 mos: 1845
I feel like a $180 increase is excessive for the long term, and even $145 for just 5 months is high. I'd prefer the longer term if I'm going to stay...isn't the longer term usually less?
Does anyone have any tips with negotiating with IAC? This will be my first time, as I've usually rented condos from private owners. I'm a great tenant. Never paid late, no complaints, solo resident in this 1 bd. what would be fantastic is if there is a former IAC employee who is altruistically giving pointers ((((in my dreams, I know)))).
One last thing. As I've been reading this board, again and again posts refer to a "lease break fee", even when talking about lease renewal. Do I have to pay a weird moving fee, even if I've been here for the full length of my lease?
I am a new member. I found this board while scouring the net in desperation. It's time for me to renew my lease, and so far, I'm not excited about my options. Any help out there?
I've lived at Los Olivos for 18 mos paying $1665. I moved in while they were still doing construction, which is now complete. My unit is currently listed at $1900/mo on the site, but it's a floor plan variation. I don't have a coat closet shown (and wow could I use it!), so I'd imagine actual market rate would be around $1880. My lease renewal options are:
5 mos: $1810
18 mos: 1845
I feel like a $180 increase is excessive for the long term, and even $145 for just 5 months is high. I'd prefer the longer term if I'm going to stay...isn't the longer term usually less?
Does anyone have any tips with negotiating with IAC? This will be my first time, as I've usually rented condos from private owners. I'm a great tenant. Never paid late, no complaints, solo resident in this 1 bd. what would be fantastic is if there is a former IAC employee who is altruistically giving pointers ((((in my dreams, I know)))).
One last thing. As I've been reading this board, again and again posts refer to a "lease break fee", even when talking about lease renewal. Do I have to pay a weird moving fee, even if I've been here for the full length of my lease?