SNB92 started this discussion 9 years, 4 months ago:

Contract Issues

We met with our Landlord this morning because Housing finally called and said our contract was done. He was nice to give us the keys without the money yet and our Household goods were delivered today. The house is a brand new house with 5 bedrooms. I can't remember the square meters off the top of my head. What I found interesting is that the Landlord origianally told us he wanted 1700 euro a month rent, but Housing decided that he is only going to get 1540 euro a month. I think I would be mad if Housing was to reduce the rent that much. It also makes me wonder just how much money he is making off of us? He is a really great guy though and seems very easy to work with!



9 years, 4 months ago

Quote by SNB92:
We met with our Landlord this morning because Housing finally called and said our contract was done. He was nice to give us the keys without the money yet and our Household goods were delivered today. The house is a brand new house with 5 bedrooms. I can't remember the square meters off the top of my head. What I found interesting is that the Landlord origianally told us he wanted 1700 euro a month rent, but Housing decided that he is only going to get 1540 euro a month. I think I would be mad if Housing was to reduce the rent that much. It also makes me wonder just how much money he is making off of us? He is a really great guy though and seems very easy to work with!


If you could ask him if he has anymore homes, just looking for four to five months while on post housing comes available.

9 years, 4 months ago

He is making a TON of money at the rate he was offered from housing. Some people get upset at this, but the fact is, American pay far more rent than what a German would pay for the same house. The Germans know that the government is paying for the house, and because of this, they jack up the prices.

Your landlord, as nice of a guy as he is, is making a bundle, and taking advantage of the higher rents paid by our government. He'll live with 1540€ a month. If he asks you to pay the difference, tell him you'll find another house.

9 years, 4 months ago

I will ask him. His name is Alex Nagel.

He has not asked us to pay the difference and he does not seem to be upset with the price reduction. That is what surprised me the most.

9 years, 4 months ago

Housing as specific guidelines they use to determine the allowable rent. I just had housing out to reevaluate a house I am renting out. Based on their rental figures, I'm only going to make about 200 Euros a month off it (depending on future maintenance cost - It will actually be less). Of course, the big money will hopefully come when I go to sell it!

9 years, 4 months ago

Quote by Nueces:
Housing as specific guidelines they use to determine the allowable rent. I just had housing out to reevaluate a house I am renting out. Based on their rental figures, I'm only going to make about 200 Euros a month off it (depending on future maintenance cost - It will actually be less). Of course, the big money will hopefully come when I go to sell it!


I'm curious if you know how they figure what the rent should be? Do know the magic formula? Although it's only 40 euro out of pocket, we feel our landlord is taking us from behind. He said housing originally told him he could charge 2580! It was prying teeth to get him to come down to 2500 even.

We've always wondered how housing figures this whole rent thing out. Our home is nice but not 2500 euro nice. I could be living like a king back in the states with that kind of rent, but oh wait, they don't give us that kind of money back in the states.

9 years, 4 months ago

The landlord is full of crap if he can't go lower. Landlords here must think we're all idiots, as if we would pay these kind of rents if we were not being reimbursed!

I'll bet housing could tell you how they determine what rent should be. I'd be interested in knowing.

9 years, 4 months ago

Are most landlords willing to negotiate a bit on the rent? I thought that the posted price would be pretty set in stone because of how busy the rental market is there....it seems that if there are so many people wanting to rent houses they wouldn't have to lower their price.

And FYI- it's the same way here in Korea. Our landlords charge Americans one price and Koreans another for the same apartments in the same building. And magically- our price is the same as our OHA cap.....funny how that works.

9 years, 4 months ago

Landlords have absolutely no reason to negotiate. A rental does not stay on the market for more than an hour around here during PCS season.

9 years, 4 months ago

Mary- I haven't known any landlords to negotiate. There were a few places we looked at that the landlord held interviews since so many people wanted the house.

9 years, 2 months ago

There is no reason to negotiate. If housing allows 1500 a month for my house I will not rent it for 1400, I will rent it to the next person that has 1500 a month allowance. Its pretty simple.



There are a few values for the rentals and they range roughly between 5.85 - 7.15€ per square meter per month.

An apartment will be on the low side, a free standing house with no yard will be in the middle and a free standing house with a nice kitchen and large yard will be on the high side of that. You can then add 15-20€ for a car port and 50€+ for a garage per month.

so an 85qm apartment with no garage could go for right at 500€ per month

a 300qm house with a large garage could go for 2250€ per month

For the person above paying 2500€ I would expect that house to be 315-340qm (3400sf) with a nice garage, decent access to the house and a decent yard. Or smaller if you have utilities included in the price.

9 years, 1 month ago

Well, now I am in a similar situation, except that we haven't already agreed to rent a house.

I was contacted by someone who is offering their house for rent, it's a 4 bedroom, 2.5 bath duplex, with a garage, laundry room, terrace, and balcony. It is fairly new, in a nice neighborhood, and looks really nice. They want 1180 Euro for it, but when I asked to get more information about it, they revealed that the housing office only approved them to charge 850 Euro/month for it. They said they have a dispute with the housing office and are hoping that they will change their estimated amount, especially since the other half the duplex rents for much more than that. They do not know how long it will take for the dispute to be settled. So essentially they want me to pay the difference out of pocket if I want the house....which we cannot do. If it were a difference of 50 Euro or so, we could manage that, but not a few hundred Euro over what housing will give us. It's SO frustrating!

9 years, 1 month ago

Mary -

If you really like the house, speak to the housing office yourself and see what their problem is. They are supposed to be helping you.

Native
9 years, 1 month ago

Landlords here must think we're all idiots


Nope, they just take the army for kinda redneck freaks. ;)


What you think who is making most money for all those new built houses that actually nobody needs, except army folks? Which banks did start to throw the money outta windows?

lol

Landlords here must think we're all idiots


In fact, landlords are one of the (few) people that don`t think you guys are idiots.


We've always wondered how housing figures this whole rent thing out.


ROFL

You ever heard about - kinda - corruption? One hand washes the other.

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