Managed properties in the USA also almost always keep a security deposit and find something else to clean. So basically you are paying for their own property depreciation, they cannot lose.
When you have bad credit, it is common here to require first and last month's rent in addition to the security deposit. I thought maybe that was the equal of "key money" but now I understand.
Especially if you look during the off-season when nobody is moving; for those that don't know, almost everything in Japan is seasonal, from new-graduate hiring to apartment-hunting. This is changing, but bucking the trend can save you some serious money.
You'll still have to hunt to find something good, but I'm willing to spend some evening and weekend time to save myself enough cash to purchase all new appliances.
For example, my current place took almost a month to find, but was zero-deposit, zero-reikin, and came with a free month of rent. I'm in central Tokyo, so I cough up $1300 USD/month in rent for a whopping thirty-five square meters, but the convenience is very much worth it.
At our last place, we just cleaned the apartment ourselves after moving out. While moving out, we found some serious water damage underneath a bookcase that hadn't been moved for two years (probably due to the wood flooring having been installed directly on the concrete). He quoted us a price to fix it and we talked it over. My SO said we didn't really have to pay any of it, but it's usual to pay about half of what they quote. Of course, this could mean they just pre-inflate their prices by 2x.
> dont have to pay rent until end of contract or someone
> else moves in.
So if you give 30-60 day notice on an apartment with a contract that still has 1 year left on it, you can basically stay there rent-free until they find someone else to rent it (or until the original contract runs out)?You only have to pay for the gap time until a new tenant moves in. Basically the renter provides vacancy insurance, not a guaranteed sum.