Understanding the Rent Roll
As a commercial landlord or multi-family residential property owner, do you wish to keep track of your income and expenses, as well as monitor any changes in occupancy or rental rates? If yes, rent roll is a crucial document for you. In fact, it's an essential document for any commercial property owner. This guide will help you obtain an in-depth understanding of rent roll. Let’s begin with what rent roll is.
What Is Rent Roll?
Rent roll is a term used in commercial real estate to refer to a summary of the income from all leases for a particular property. This information is typically used by landlords and potential investors to assess the financial performance of a property.
The rent roll will typically include information on the tenant, the amount of rent being paid, the term of the lease, and any other