How do I schedule a rent increase or decrease?
In order to schedule a rent increase or decrease, go to "Contacts" in the left side menu of your dashboard. The list of tenants should be configured to show the moved-in tenants. Find the necessary tenant and click on the "View leases" from the three-dots menu next to the tenant.
Select the "Rent Increase/Decrease" option from "Dots" menu next to the active lease:
Click on the "Increase" option, choose between "Fixed amount" or the "Percentage" options, enable "Calendar reminder" toggle button if needed and press the "confirm rent increase" button:
Please note! If the invoicing type is where the tenants pay individually, then only "Fixed amount" option will be available.
You can view the rent increase on the lease details page. Click on the "Settings" icon to cancel or update the rent increase settings:
The system will start to post the updated invoice starting the next rent cycle depending on the schedule specified in the lease.
Mar. 9, 2023