CHICAGO, Sept. 20, 2011 /PRNewswire/ -- With the economy in America facing a state of rebuilding, many renters across the country are subleasing to avoid the excess fees and penalties of moving before lease terms expire. College students living on campus most often face this issue. In many college and university towns where students typically live for only nine months per year, renters must commit to a twelve-month lease. With nine to ten month school year schedules, and a high rate of study abroad programs, students must manage at least two months' rent payments while their rental units remain empty.
Brothers Mike, James and Nick Bellavia established MyCollegeSublets.com to ease the financial pain these students feel. When James was graduating from Indiana University in the middle of the school year, he was responsible for a lease that lasted much longer than he needed. As a result, MyCollegeSublets.com was born. With an easy solution like MyCollegeSublets, James would have been able to find someone to take over his lease for the rest of the year.
"When I first looked for an apartment I did what everyone else does; went to Craigslist. Once on Craigslist, it was entirely too hard to find the information I really cared about. How close is the apartment to campus? What hot spots are around it? What were the potential roommates really like? On the other hand, subleasing my apartment was just as difficult. Existing sites didn't allow for enough information, and the entire process too way too long. MyCollegeSublets.com has changed all of that," commented Co-Founder James Bellavia.
MyCollegeSublets.com is simple, free, and easy to use. Sublet searches are based on features that actually matter to students, such as potential roommates and their personalities. The site allows users to search by the building type or by roommate. MyCollegeSublets has also developed a Campus Rep program that employs college students on local campuses. This not only disseminates the MyCollegeSublets.com message out to students, but it offers employment opportunities to college students already facing a tight economy.