How to apply a Rent Change

If you don't want to use Rent Reviews, you can enter a rent increase/decrease directly against a tenant.

  • Find the required tenant and click Edit
  • On the right-hand side towards the bottom, you will see a Rent changes area
  • The first entry is normally their starting rent rate which will match their start date
  • Click on Add Rent Change
  • Enter the date it will take effect, try to match it to the same day of the week as the start date
  • Enter in the new rent amount

RentChange1.png

Then click Save

The change will not take effect until the paid-to date reaches the rent change date. Once it does, the new rent rate will apply.

NOTE: Do not delete any of the other existing rent changes in the list as they provide a history of what has been applied and are used during the Rent Report process.

 

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