Add owners and set who owns what

Owners are the people or companies you manage property for. Every property needs at least one owner on file before you can pay owners or send owner statements.

Add an owner

1. 1Go to Portfolio → Owners and open Add an owner.
2. 2Enter their Name (a person or a company, like Smith Holdings LLC), Email and Cell number.
3. 3Optionally pick a property under Owns (optional) and their Share %.
4. 4Click Add owner. Their owner page opens.

Set ownership

1. 1On the owner's page, find Ownership.
2. 2Change a Share % and click Save, or click Remove to take a property off.
3. 3To add another property, pick it in Also owns part of, enter the Share % and click Add.

A property's owners can't add up to more than 100%. Removing an ownership keeps their past payouts on file.

Set the management agreement

• Management fee % and Reserve per property: only the company owner can change these. See Set management fees and reserves.
• Payouts: Every month, Every quarter (Mar, Jun, Sep, Dec) or Hold: don't pay out for now.
• Send statements to: a different email for statements. Leave blank to use their email.
• Hands-on owner: tick it to send them a weekly update every Monday. See Owner emails.

Click Save agreement when you're done.

The owner's page at a glance

The top shows Cash held for them, Owed on their properties, Units filled and what you've paid them this year. Below that are their properties, Tenants behind, emails sent, Payouts and Owner portal login.