Help Center - For Landlord
How do I set up automatic management fees on a lease?
Automatic management fees are set up during the move-in process. On the second page of the move-in documents, entitled "Extra Fees & Utilities", enable the management fee functionality by selecting one or both management fee options: "First Rent Payment Commission" and/or "Ongoing Rent Commission". Check the desired toggle button to enable the fee. Both fees may be simultaneously enabled.
Automatic management fee posting is available in Property Manager Mode only. You can check your account mode by going to the Profile Information settings.
To be able to use this feature properly, you must assign each owner to a property first. For that, go to "Properties" in the left side menu of your dashboard and press the "view" button for the property. Click the three dots button and choose "Edit". Scroll to the Property Owner section by clicking the "Show Additional Info" button.
This might be helpful:
Can I connect owners to properties if I am a property manager?
How to set up management fees?
Complete all steps of the lease and finish the move-in. The unpaid management fee will be calculated once the rent invoice is posted. You can mark it as paid or transfer money from the owner account. To view the list of all management fee invoices, go to the Management Fee page located in the Accounting sub-menu.
Feb. 28, 2019