SEARCH THIS SITE

Chat Room
First Time Visitors
Gold Club Members
Questions & Answers
New And Hot
Tell A Friend
Surveys & Forms
Landlord of the Month
Visitor Comments
Landlord Cruise


Weekly Tip
Free Newsletter
Rental Form
Sample Lease
Special Report
Lead Paint Pamphlet
Weekly Email Update
Landlord/Tenant Law
Win A Free Book


Mr. L. Subscription
Landlord Books
Financial Calculators
100 Rental Forms
Mgmnt. Software
Rental Application
Cash Flow Analyzer
List Your Vacancy
Landlord Bootcamp


For New Landlords
State-Specific Forms
Suppliers
Top Ten Bestsellers
Home Study Courses
Authors/Advisors
Partner With Us
Mr. L. Seminars


Tenant Credit Reports
Direct Rent Deposits
Auto Rent Drafts
Collect Bad Checks
Report Bad Resident
Tax Assistance
Judgment Collections
Property Managers


Find an Association
Free Speaker
Affiliate Program
Free Monthly Column
Free Newsletters
Improve America
Success Stories
Website Wish List


RENT PRORATER

When a resident moves in to your property on any day other than the first of the month, the amount of the rent due will need to be prorated. That is where this landlord calculator comes in handy. It will permit you to quickly determine how much rent is due. To use this calculator, simply put in the following information: 1) Which month that the rent will be prorated for the resident. (We suggest the SECOND month of occupancy, not the first (please see tip below). 2) Numbered day of the month resident moved in (i,e. 15, 10 or 23) and 3) The normal monthly rental amount, The Rent Prorater will then do the calculation for you.


Please enter the exact monthly rent in the box provided below.
DO NOT include a "$" in your entry.

Monthly Rent: $
Move-in Month:
Start Day:

*NOTE* If you are using this calculator in a leap year, February's daily rent will be calculated using 29 days.

**Important Tip: It is suggested that rental owners ALWAYS collect a full month's rent in advance (at time of move-in) no matter what date the resident moves in and charge the calculated prorated rent at the beginning of the second month of occupancy. For example, let's say the normal monthly rent on one of your homes is $500. If a resident is moving in on the 16th of August, require that the resident pay $500 for the rent at time of move in, and on the first of September, the calculated prorated rent will be due for the 16th of September thru September 30th, which would be $250. By always getting at least a full month's rent upfront, it increases the chances that the resident will have money to continue to pay rent thereafter, and if not, at least you have received more money before having to start eviction. Many landlords have learned this the hard way, when for example a resident moved in with only five day remaining in the month and payed a small amount of prorated rent. And when the first of the next month came, the new resident never paid anymore! Remember, get full month's rent the first month, prorated rent the second month.

 


| HOME | Q&A | TOOLBOX | SERVICES | EVENTS | FREE | LAWS |
| NEW VISITORS | BOOKS | RENTAL FORMS | SOFTWARE | SUPPLIES|
| CREDIT REPORTS | GIFTS | CUSTOMER SERVICE | CONTACT EDITOR |
| ABOUT US | ASSOCIATIONS |ADVERTISERS |DISCLAIMER |

Copyright (c) 1998-2014 MRLANDLORD.COM All rights reserved.

Join Newsletter Email List
Email:  
MrLandlord.com
Box 64442
Virginia Beach, VA 23467
Order Line, 800-950-2250 (24 hours)
Customer Service,757-436-2606 (9-4 EST)
CustomerService@mrlandlord.com

Top Ten Bestsellers
#1 Gigantic Mr. Landlord Subscription Package (1 month Top Ten)
Click any item to view
10% discount when
you buy any 3 items
Customer Service

#2 The Fee Bible (3 months Top Ten)
#3 Buy and Rent Foreclosures (1 month Top Ten)
#4 Online Property Management Software (1 month Top
#5
#6 525 Rehab, Repair, and Maintenance + Bonus CD (1 month Top Ten)
#7 Section 8 Bible Combo Offer (1 month Top Ten)
#8 How I Started With Nothing And Made $12 Million In R. E.
#9 Freedom without Banks DVD Set
#10 Landlording on Autopilot Combo Offer (1 month Top Ten)

Comments From Landlords:

  • "I just want to say that when I found this site I had just bought my building and had absolutly no idea as to what I was doing. The questions and replies on this site have taught me so much that now I can actually take care of business without being afraid of doing or saying anything that could get me sued. Even my husband is amazed at the knowledge I have gained through this site. So all I want to say is THANK YOU ALL!! You people rock!"
    Jennie, OR.
  • You have a great site that helps me to make better decisions in my daily routine. Thanks for being here.
    Matthew

  • If you want a LOT of bang for your buck then you should sign up for the MrLandlord.com Cruise in December. I've gone twice and it was fabulous. The ideas I got are paying for the cruise MANY times over.
    Dan, MA.