Currently if you increase the rent on a property it changes the calculations forward and backward in time. It would be nice if you could track increases in rent through time instead of only as a single snapshot.
11 Likes
big +1 on this one. it would be great if leases were a historical record, not just a snapshot of the current state. As OP mentioned, when one lease expires and the information for the new lease is update, all historical financials go wonky because the pro-forma now reflects the latest lease information. Being able to keep documents and records associated with a particular lease would be a huge benefit.
4 Likes
Definitely agree that this would be useful. In fact, I just assumed that it would be possible and I spent a long time looking for how to add a new rent amount with a set of applicable dates before I finally gave up and posted a question to chat.
I imagine this would be applicable to several of the numerical values/assumptions (that they would be multi-valued and time-bounded as opposed to a single value) but rent is the most obvious and necessary one. I’d love to see that addition.
2 Likes
+1 to this. Surprised it’s not a function of the program
Hello everyone,
We have been working on a new version of the Leases & Tenants page and I am looking for a few volunteers to test the improvements and give us candid feedback.
If you’re interested, just reply to me here!
1 Like
Walter, would be happy to help test this if it is still being worked on!
Good news! The updated Leases & Tenants features are now live for all Stessa users. This includes the ability to archive past and expiring tenants via the “Set Move-Out Date” button.
Please check it out! Feel free to reply here to provide feedback.
1 Like
I would be interested in testing out the new Leases & Tenants information. I have lots of historical data I would love to keep.