Overview
In DoorLoop, property Owners control or own the properties and units you rent out to tenants. Associating an owner with a property lets you track who you distribute rental profit to, and who contributes funds to the property to cover 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.)
This article covers associating an existing or new owner with a specific property. If you haven't created the owner yet, see Add a Property Owner.
Note: You can also add owners while creating a new property, directly in the property creation wizard, instead of adding them afterward using the steps below. See Add a New Property.
Note: Creating Owners is not available to Starter Plans. Consider upgrading to the Pro or Premium Plans to access this feature.
The Steps
To add a property owner to a property, click Rentals > Properties on the main menu.
Find and click on the property you want to add an owner to.
On the property, click on the Settings tab and then click on Owners.
On the Property Owners window, you can add one or more owners here using the Add Owner button.
Find and click on an existing owner, or use the + New Owner button to create a new owner. (If creating a new owner, enter as much information as you'd like, but only a First Name and Last Name combination, or a Company name, is required, along with either an email or phone number. See Add a Property Owner to learn more.)
Back on the Property Owners window, the total ownership percentage for all owners needs to equal 100% before you can click Save. (You can remove an owner from this page by clicking the red trash can icon in the top right corner of the owner, then clicking the green checkmark to confirm. See Remove a Property Owner From a Property.)
Click Save to finish.
Tip: All owners on a property must equal 100% of the total. If a property has one owner, their ownership should be 100%. If there are two owners, it could be split 30%/70%, for instance.
Note: If the unit you're creating has a different owner than the main property, you can create a new property for that unit and associate it with the owner of the unit.