The summer in Boston sees a lot of turnover in apartments. Whether you’ve agreed to a short term lease or have allowed your long term tenant to sublet their apartment for the summer, you will undoubtedly need to protect your assets.
- Get it in writing. A lease, even for sublets, is a good idea. If you’re not sure on specific items to include, don’t hesitate to ask one of our experienced rental agents. You should ask for a completed rental application, do a credit check, and check landlord references, just as you would for a regular tenancy.
- Welcome them. Make sure the short term tenant knows the vitals, like when the garbage is picked up, where the recycles are kept and the WiFi password. This will also limit the amount of time you spend answering phone calls and texts about these items later.
- Keep your ads active. Even after you’ve found a suitable tenant, it’s wise to keep your ads active should circumstances change. Then, you’ll be that much further ahead and the risk of vacancy will be minimized.
- Change the locks. To protect your previous, current and future tenants, consider re-keying locks when a new lease begins. The cost is relatively cheap and the peace of mind provided to your tenants will go a long way in starting your professional relationship the right way. If you have a master key system, swap out the cores with another apartment, preferably at a different address.