Rental Management

Renting is a diverse field of activity that combines the most diverse requirements: Are the tenants commercial or private? Which lease contracts are optional and what are their contents? Are there automatisms for the adjustment of rental income? How many rental objects do I have and where? And how do I keep track of all this?

With the rental management module you have everything in view:

Rental objects and their structure. Your tenants with their respective specifics. Your costs. Your earnings. Your goals. iTWO fm Because iTWO fm gives you a free hand in the structure and organization of your data and provides you with exactly the insights you require.

Do you want to analyze by property? Summarize by location? Organize tenant lists according to Rent Roles? Receive an allocation key at the touch of a button? Or the service charge statement? iTWO fm rental management supports you in all rental processes with clear forms and easy-to-use masks.

To make your work easier and improve your earnings, the rental management module has integrated a number of automatisms that you can activate as needed: Deadline tracking and reminders for termination dates, increases according to index increases, staggered or sales reports for all contracts, tracking of supplements - here too, iTWO fm creates added value for your rental management. And makes your work easier GEFMA 444 certified.

Would you like to have a precise List of operating costs have and know which item has which value?

Who does not know it: preparing operating cost statements takes a long time and is very complex. Thanks to the iTWO fm, you receive the operating cost statement directly at the push of a button - transparent and reliable. Various allocation keys have already been taken into account. The billing can then also be sent directly to an ERP system.

Rental management with iTWO fm

With the Determination of vacancies you always have unoccupied objects under control

The vacancy determination lists the non-rented areas or apartments on a key date or on a daily basis. This means that potential tenants can quickly find and offer possible properties from this list.

In addition, with iTWO fm you can determine which revenues have been lost due to the vacancy and forecast which revenues could possibly be lost in the future. This list can also be used to identify the properties that have not been rented for a long time. So you always have full control over all income and can plan better for the future in advance.

Make your daily life easier workflow

At the beginning, the tenant learns where a potential rental unit is available. By determining the vacancy, it is easy to determine which property is vacant. If the potential rental unit is accepted, the conclusion of the contract can follow. In iTWO fm, all necessary data such as rent payments or ancillary cost payments can be recorded in the rental management module. In addition, there can also be an interface to an ERP system. The rental management module can also be used to see whether a rent adjustment is necessary, such as a rent increase. Once a contract has ended, you can document this in iTWO fm. In addition, all processes in iTWO fm are redundancy-free. So you can be sure that no property will be rented or billed twice.

 

You want internal benchmarking operate?

This is also not a problem with the rental management module. Characteristic values such as revenues per m² of usable area or revenues per m² of gross floor area (GFA) can be added. There is also the option of using the rental income and potential rental income as a basis for profitability calculations.

Especially in combination with the costs for replacement investments (condition management) and maintenance costs (maintenance management) that exist in iTWO fm. This enables strategic considerations to be generated or derived from the portfolio based on the location.

  1. Allocation of areas to rental units
  2. Transparent contract documentation
  3. Management of rental contracts and rent tables
  4. List of operating costs and imputed rent
  5. Any allocation key / booking journal
  6. Rent increase according to index, graduated rent, lapse of time, flat rate
  7. Rent cadastre, rent forecasts, rent development
  8. Monitoring deadlines
  9. Freely definable business entities
  10. Service charge settlement with provision of the debit position
  11. Generation of rental targets (accounting system)
  12. Determination of vacancies
  13. Internal benchmarking
  14. Identification of household-related services

Screenshots Rental Management

You want more about iTWO fm Experience modules?

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