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Create Automatic Rent Increases

rent increase, create rent increase charge, add rent increase

Crystal Abing avatar
Written by Crystal Abing
Updated over a year ago

If you want to schedule an automatic rent increase in RentRedi, you can. Simply follow the instructions below to build in an automatic increase for your leases.

Follow the instructions below

  1. On your RentRedi dashboard, click the + next to the Rent tab

  2. Select the charge type (Lease/Rent or Other")

  3. Select the property address and unit

  4. Select "BOOK TO" to indicate where/what type of charge is being created and insert a charge description

  5. Click "Continue"

  6. Connect tenants to their charges (only the tenants listed can view and pay charges)

  7. Click "Continue"

  8. Enter the rent amount, lease dates, and set the recurrence of the charge (i.e., monthly, bi-monthly, custom, etc)

  9. Click "Scheduled New Lease Charges"

  10. Enter the rent amount, lease dates, and set the recurrence of the charge

  11. Enter if the charge should be every month, half month, or custom, and what day the raise should occur on

  12. Check the box next to Add Rental Increase

  13. Review the rental increase information and then click Add Increase

  14. Click Continue

  15. Preview charges and edit any due dates, delete or duplicate charges if needed

  16. Click Save

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