Hi guys does anyone know any property management tool for rent increase
What are some good PM softwares?
[{"id": "h48s5jz", "text": "You mean like a calendar?", "replies": [{"id": "h48wspg", "text": "Like an app that reminds you, \u201cthis space, rent shall increase 5% starting January 1, 2022\u201d based on the lease terms", "replies": [{"id": "h48x1bu", "text": "So a Calendar?", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "h48safs", "text": "What do you mean by upcoming rent increases?", "replies": [{"id": "h48wzxj", "text": "Ex, for any space in your center,  per the lease term, rent shall increase 2% starting Jan 1st 2022,  is there an app that helps you keep track of all this and send you reminders?", "replies": [{"id": "h4azm4l", "text": "Larger property management teams use modules in their accounting software like MRI or Yardi to track these increases and manage billing/receivables. \nIf you\u2019re not investing in a software program like that, I\u2019d say build it out in an excel spreadsheet.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "h48wfiv", "text": "Before you do that check local government housing see if it is even permissible.  In our area, all non-payment notice and contract do not stay legal unless it is exempted by local law that it is legal and Covid hardship disclosure applies.", "replies": [], "depth": 1}, {"id": "h48x6x7", "text": "For my storage facility, I have a function on my management software to set up \"push rate\" parameters so that the price on my units will fluctuate based on demand, and the number of units of a particular size that are available.  \n\n\nThat can work well and optimize pricing when you are keeping track of 200+ units, don't know if it is something that would be particularly useful on something like a 6 door portfolio though...  \n\n\nYour probably best off using Google calendar or some other basic scheduling app.", "replies": [], "depth": 1}, {"id": "h48zm9h", "text": "that is a standard report in basically any pm software.  I don't understand your question.  Are you trying to figure out how to best manage these?  if so buy better software.  If you are planning to offer this as a stand alone product it really isn't needed or necessary", "replies": [{"id": "h4976k1", "text": "I think this is an app developer trying to do market research on an industry they don't know much about.", "replies": [], "depth": 2}], "depth": 1}, {"id": "h490glu", "text": "Honestly I had the same thought as the first commenter. When you sign your lease, you could just set a calendar reminder.\n\nPretty basic standard work function that you could build into your process for free and only takes 30 seconds.", "replies": [], "depth": 1}, {"id": "h493vg6", "text": "What?", "replies": [], "depth": 1}, {"id": "h494jn9", "text": "I have a Google calendar for all rent increases. I also have a Google sheet with dates and details.", "replies": [], "depth": 1}]