In DoorLoop, property Owners control or own the properties and units you rent out to tenants. You need to track property owners in DoorLoop so you can keep track of who you distribute the property rent profit to, and who contributes money to the property to pay for bills when necessary.

If you own the property you manage, you are the property owner! Otherwise, you are a vendor collecting management fees before distributing rent profit to owners.

Let's go through creating an Owner now!

The Steps

Step 1

You can create an owner from the Create New button, but for the purposes of this tutorial, we will create them from the owners area.

Go to People < Owners.

Step 2

In the top right, click the green + New Owner button.

Step 3

In the New Owner creation menu, enter the owner's information. The only required fields are the owner's First Name and Last Name, or the Company name.

After this point, it's up to you if you want to fill in extra information to flesh out their profile with the following information:

  • Contact Details: Other than the required name fields, use the Job Title and Notes field to add additional information. You can add columns showing this information on your Owners Directory report found in the Reports section.

  • Contact Info: Here you’ll fill in the owner's Phone and Email. You can add more than one!

  • Address: Add the owner's main address.

  • Alternate Address: If the owner has a secondary address, use this section.

  • Agreement: Enter the Agreement Start Date and End Date that you have with this owner. You can see this information later on your Owners Directory report found in the Reports section.

  • Federal Taxes: Lastly, you can add tax information for your vendor. This is currently for informational purposes only.

Step 4

Click Save when you are done entering information.

You can edit an owner later by clicking on the vertical three dots icon either from your list of owners or when you are viewing a specific owner, and then choose Edit. You can also delete the owner, but you won't be able to do this if the owner is currently associated with properties.

Good work, you've created an owner! You can also create owners using these steps when you are actually setting owners on your properties.

Next Steps

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