This guide will take you through the process of adding, editing, or removing documents from a tenant’s profile, ensuring organized and efficient record-keeping. Adding a document Go to the Tenants section and choose the tenant name to which you are adding documents. To add a document for the specific tenant, simply click on the Upload […]

Managing tenant information is a fundamental aspect of property management, and at times, it becomes necessary to update or modify their details. In this guide, we will walk you through the steps on how to edit a tenant’s information efficiently and accurately. Whether it’s a change of contact information, lease terms, or anything else, this […]

Whether you are an experienced property owner or new to the realm of rental property investment, this guide is here to assist you in confidently and seamlessly getting started with managing your tenant information. Let’s get started. There are two ways you can add and create your tenant details. Tenants Section Go to the Tenants […]

In this article, we’ll show you how to manage attachments for your properties, including adding, downloading, and deleting them. Whether you’re a property owner, manager, or part of the real estate industry, Rentastic makes it easy for you. First, you would want to go to the Properties section from the left menu and select the […]

In order to edit your property information, you have to log in through https://rentastic.io/ and follow the next instructions. Go to Properties. Select the properties you want to edit. Click the Edit button on the top right. You should be able to update your property details and click on Update once everything looks good.

By default, Rentastic recommends that you add properties as a whole, as opposed to individual units. For example, if you’re adding a triplex to Rentastic, all three units will count as one property, rather than three individual properties (one for each unit). We realize that many people want to see the performance of their individual […]

When selling a property in Rentastic, it’s important to ensure that all financial data is handled correctly for accurate reporting and future reference. This guide will take you through everything you need to know, from categorizing your transactions to running essential reports, and finally archiving your property once it’s sold. Never Delete a Property in […]

Rentastic introduces a dynamic feature. You can control the order that your properties are sorted. By default, the sorting property order is set to their addition date. However, Rentastic allows you to redefine this order according to your preferences. Managing multiple properties demands efficient organization. Having the ability to display them to your liking enhances […]

The 1% Rule is a “back of the napkin” type calculation for real estate investors to quickly analyze a property on the go. The 1% Rule states that for an investment property to be profitable, it should rent for at least 1% of its purchase price. For example, that means that if we were purchase […]

Cash-on-Cash Return is a metric used by real estate investors to show the rate of return of a given property, compared to the initial capital investment required to purchase it. This includes down payment, closing costs, and any rehab/repairs required. To calculate the cash-on-cash return, we use the following formula: Cash-on-Cash Return = Annual Net […]