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Advice and answers from the DoorLoop Team
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Management Fees
Management
Fees
Overview
Automate the entire
management
fee process. Let us make your
management
process easier… [Inline Video] Customize your
management
fees
on a per owner basis as needed and sit back… As you receive rent payments we'll automatically apply
management
fees
to your statements
Written by
Peter Petrillo
Updated over a week ago
Setting Up Your
Management
Fee Policy
Automatically calculate
management
fees
and assign
management
payout accounts to create and pay
management
fee bills… To use the
management
fees
feature for your properties, you will need to turn on
management
fees
for… Now that you've set up your
management
fees
, the next step is to create and pay your
Management
Fees
Written by
Danny C
Updated over a week ago
How do I redo
management
fees
if they were created with incomplete or incorrect transactions?
How to correct or add to one of your property's monthly
management
fees
… I forgot to enter all the lease transactions before I created
management
fees
… Make sure all lease transactions are accurate before redoing your
management
fees
!
Written by
Nolan Hofstee
Updated over a week ago
How do I automatically keep revenue I collect as a property
manager
?
How to account for
management
fees
before sending rent revenue to your property owners… You can follow these steps to record your
management
fees
before distributing the funds to your owners… Or, you can just manually create the expenses for your
management
fees
Written by
Nolan Hofstee
Updated over a week ago
Create and Pay
Management
Fee Bills
Get paid for
managing
your owners' properties… For example, using the feature to create
management
fees
in February defaults to creating the
fees
for… If you need to edit your
management
fees
for any reason, you can read the article on How to redo
management
Written by
Samuel Huang
Updated over a week ago
Vendor
Management
Overview
If you charge
management
fees
to manage your properties, DoorLoop can calculate the
fees
automatically… Create
Management
Fees
… How do I redo
management
fees
if they were created with incomplete or incorrect transactions?
Written by
Nolan Hofstee
Updated over a week ago
Starter Plan Limitations
Management
Fees
- DoorLoop can calculate
management
fees
automatically and create bills on your behalf… The Starter plan is meant for users with basic property
management
needs… You can either configure the same
management
fee settings for all of your properties, or a property can
Written by
Samuel Huang
Updated over a week ago
Set Property Settings
Configure the settings needed to help
manage
your properties…
Management
Fees
Set unique
management
fee settings for this property… Late
Fees
Set a property late fee schedule for leases on this property
Written by
Samuel Huang
Updated over a week ago
Adding an Owner to a Property
Connect your owners with the properties you
manage
for them… Otherwise, you are a vendor collecting
management
fees
before distributing rent profit to owners
Written by
Nolan Hofstee
Updated over a week ago
Setting Up Your Default Accounts
Expense
Management
Fees
: Currently for your information only… Income: The default account for rent charges, this is the only account whose charges trigger lease late
fees
… Late
Fees
: When you set late fee schedules for your company and properties, this account will be selected
Written by
Samuel Huang
Updated over a week ago