We sometimes get questions as to whether the Tenant File can be used to track vacation rentals. The answer is a qualified yes! While the main thrust of the Tenant File Property Management Software is for long term rentals and commercial property, you can certainly use it for your vacation homes. We don’t recommend this if you are a large vacation rental company, but if you have a few vacations homes, the Tenant File will fit right in.
To accommodate weekly, bi-weekly, or even daily rentals, we created the ‘Special Rent Charges’ menu (Posting > Special Rent Charges). This allows for you to set up a rent charge to be posted every ‘x’ number of days automatically. The caveat is that if you are using the Special Rent Posting to post rents automatically, you’ll also need to post your other (monthly) rents automatically, too. That just makes sense, and you won’t have to worry that something doesn’t get posted. The rent charge transactions will just show up in you ledgers automatically, based on the due date or the special rent date.
In addition to the ‘Special Rent Posting’, there is also a ‘Scheduler’ in the Tenant File program (Miscellaneous > Scheduler). This scheduler allows for you to ‘book’ dates, similar to a simple reservation system. You are able to block out a certain number of dates on a calendar. Each booking has an entry date, action date, starting date, ending date, detailed memo field, and 5 separate entry fields.
The 5 entry fields would typically be used for the guest name, phone numbers, email, and other similar items. The memo field would be used for any other notes you need to make. Whenever you choose a specific rental property, you’ll see the booked dates in bold on the calendar.
While the Scheduler can be used for booking as described above, you can use it for anything. For example, if you need to block out a range of dates when the property will be under repair, or a vacation for a tenant, you can do that as well. It is up to you. Since this is part of the built-in Reminder System of the Tenant File, you can use the ‘Action Date’ to be reminded of an upcoming event, or the date that a guest needs to be contacted concerning their reservation.
Some features like this are overlooked by users of the Tenant File, but if used properly they can save you time and effort by not having to maintain a schedule elsewhere. Just use your imagination to get the most possible out of it.