ARGUS OVER-RENTED
Current rent in rental income is highlighted red and "Over-rented". What does this mean and how do you fix?
Current rent in rental income is highlighted red and "Over-rented". What does this mean and how do you fix?
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It is just notifying you that the particular tenant is paying above whatever you have modeled as market rent in your market leasing. For example if your MLA is $5.00/sf but you have a tenant paying $5.50/sf Argus will display the mentioned "OVER RENTED", but if you bump up your market rent in your MLA to $5.50/sf it should go away. Hope this helps
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