If you need to raise or change the rent on an existing lease, there are two ways to do it today. You can't yet schedule a rent change for a future date, so make the change when the new rent should start.
Option 1. Renew the lease with the new rent
This is the best option when the lease term is ending or you're agreeing on new terms with your tenant.
- Open the lease and click Renew Lease.
- Enter the new Rent Amount, along with the new end date and First Rent Date.
- Finish the renewal. See How to Renew a Lease for every step.
Option 2. Update the recurring rent invoice
Use this when the lease stays the same and only the rent changes. Do it on the day the new rent starts.
- Go to Accounting, then the Receivables card, and open the Recurring Invoice tab.
- Find the rent template for that lease, click ⋯ on its row, then click Edit.
- Choose All invoices in this series and click Continue to Edit.
- Change the rent amount on the charge line.
- Click Save to All Invoices.
Every invoice created from the date shown in the banner onward uses the new rent. Invoices already sent do not change. See How to Set Up and Manage Recurring Invoices for more.
Good to know
- Give your tenant written notice of the rent change outside the app, if your local rules require it.
- After making the change, check the lease's Rent & Invoices tab to make sure the recurring rent shows the new amount.
Need help?
Email us at support@digitaltenant.com, or use the Help button in the bottom-right corner of your dashboard.
Was this guide helpful?