Rent Increase
To Owners
- Run REPORT#27 Lease Expiration report. Enter the 1st day of the month to the last day of the month.
- Run RA report through M1 Software
- Log on to Rent Range to get 2nd report for the rental increase
- Figure out the increase for 1 year lease and month to month lease.
- Give to Manager to approve the amounts.
- In command center bring up the property for the increase. Under the letter to owner bring up the letter under accounting division and under letter select RENT INCREASE TO OWNER.
- Fill out the rental increase to the letter with deadline.
- Email letter to the owner.
- Print 2 copies of the letter (Mail 1 letter to owner and keep 1 letter with your file)
To Residents
- Under resident go to legal docs.
- Pull up the letter RENTAL INCREASE TO RESIDENT.
- Enter Address
- Enter Current rent amount
- Enter the amounts for option A and B.
- Enter deadline for the resident to get modification back to the office.