Managing a rent roll

A rent roll is a summary report of each unit in an income-producing property. It includes information about the tenant, occupancy status, the tenant's payment history, and lease details. It acts as an organized ledger, allowing landlords to easily track rental income on each unit.

Rent roll is important for:

• Property valuations, securing financing, or making buy or sell decisions.

• Rental property investors, property managers, and lenders to understand the income stream from a rental property and whether the gross rental income is likely to stay the same, increase, or even decrease in the foreseeable future.

You can create a rent roll for any type of rental real estate asset, including houses, multifamily buildings, retail and office properties, and mixed-use developments.

Note: Ensure that:

• A deal is created.

• Full access is provided to the Asset Management permissions.

• Properties are added with the Multifamily and non-multifamily property class.

• In the non-multifamily property, units and leases are added.

This topic includes the following sections:

• Creating a rent roll on a multifamily property

  • Creating a unit mix plan on a multifamily rent roll

  • Editing a unit mix plan on a multifamily rent roll

  • Deleting a unit mix plan on a multifamily rent roll

  • Creating a new rent roll from the existing rent roll

• Creating a rent roll on a non-multifamily property