Analyzing Rent Rolls in Real Estate Investing

So a rent roll is a document that has the residence name, or if it's office or storage, etc. Maybe a tenant's name. And then it would show, you know, when the move in was, when did the lease start, and when's the expiration. But it also shows what they're paying on a monthly rent standpoint and what other sundry charges they may be paying, whether it's electricity, or maybe they're paying for storage, or they're paying for parking, or there's an insurance piece to it, but it shows all the charges that are associated with that person or entity. And so that rent roll would have all the tenants or all the residents on it. And then at the bottom, it would show the total number of units leased, notice of total number of units that are leased, but maybe have a notice to vacate. It would show the number of units that are vacant. So it pretty much gives a operator like myself a snapshot. Of occupancy. And then as we dig in and compare it to the comps, we're able to see where our average rents are at the property compared to the market and see if there's some value add that way. So that's the rent roll.