Owner management fees
Make the fee rule clear before the calculation.
Configure each owner for a percentage of collected rent or a fixed monthly fee, then review the calculation before recording it.
Included with an active portfolio subscription.
- Per-owner fee settings
- Collected-rent percentage or fixed monthly amount
- Reviewable fee records
Document the agreement
Choose the rule that matches the owner agreement: a percentage of collected rent or a fixed monthly fee. Record the applicable owner and amount or rate. Do not infer the rule from a previous bank withdrawal.
Check the period and base
Review the calculation period and the collected-rent records used by the supported workflow. A projected charge, unpaid rent and a refundable deposit are not interchangeable with rent collected.
Review before recording
Inspect the calculated amount and relevant source entries. Confirm that the fee has not already been recorded for that owner and period. Follow the app controls for recording and correcting the fee.
Explain it on the owner statement
Keep the rule, calculation and recorded fee together so the owner can review the result. Recording a fee does not charge a payment card or move bank funds. Use the authorized payment process separately.
Put the workflow into practice