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New Property Management Software Features for May 2022

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May 2022 was a busy month for DoorLoop, which means a series of exciting updates are in store for users. As of May 2022, five new features have been added to the platform’s already-impressive arsenal. 

DoorLoop’s approach to developing new features centers users’ needs. The software’s customer success and development teams work closely together to receive and assess feature requests from users, and the most frequently requested features are prioritized as feature updates. This approach ensures that DoorLoop’s evolution as a platform is guided by what its users need most, solidifying DoorLoop’s status as the highest-rated and easiest-to-use property management software on the market. 

Let’s take a closer look at the property management software features that DoorLoop users can look forward to accessing this month.

Recurring tasks and work orders

Schedule tasks, reminders, and work orders for the future at any interval you need, whether that’s daily, weekly, or monthly). For example, you can create recurring tasks to clean out air filters, check fire detectors, do landscaping, or take care of trash removal.

Recurring Work Orders

Recurring bills and expenses

Schedule tasks, reminders, and work orders for the future at any interval you need, whether that’s daily, weekly, or monthly). For example, you can create recurring tasks to clean out air filters, check fire detectors, do landscaping, or take care of trash removal.

Recurring Bills and Expenses

Management fees

Charge each property’s owners your management fees based on any method that works best for you, whether that’s a flat fee, percentage, or a combination of both. Create invoices to charge your owners and keep for both of your records in one click.

Management Fees

Owner statements

Send owners detailed reports every month, including cash flow statements, profit and loss reports, and a detailed transaction list. Share this information with them by PDF or Excel, depending on what works best for them. Ensure financial transparency and make your owners happier than ever with minimal effort. 

Owner Statements

Optional two-factor authentication

Benefit from a customizable security feature that works with your needs. Choose whether to enable or disable two-factor authentication for each user on your account; you can change your mind anytime.

Optional Two-factor Authentication

Surprise–that's not all!

In addition to the major updates above, DoorLoop released a few other exciting features:

  • Add your own terms and conditions to rental applications.
  • Quickly add lease payments with a "Save and New" button.
  • Customize rental application settings per applicant.
  • Added eviction tracking capabilities.
  • Override bill payments if your accounts have insufficient funds.
  • Choose which bank accounts you are paying bills from.
  • New recurring transaction detail report: view future charges by account.
  • Tenants can resubmit rental applications without paying again.
  • Search for transactions by reference numbers in the transactions list and reports.

Stay tuned for bank reconciliation and outgoing electronic payments coming soon!

See for yourself

Want to learn how to choose the best property management software to automate your business? Check out this free whitepaper!

For a closer look at how DoorLoop works (and how these features make running your business easier than ever), be sure to schedule a demo.

Frequently Asked Questions

David Bitton brings over two decades of experience as a real estate investor and co-founder at DoorLoop. A former Forbes Technology Council member, legal CLE & TEDx speaker, he's a best-selling author and thought leader with mentions in Fortune, Insider, Forbes, HubSpot, and Nasdaq. A devoted family man, he enjoys life in South Florida with his wife and three children.

Legal Disclaimer

The information provided on this website is for general informational purposes only and is sourced from publicly available materials. It is not intended to serve as legal, financial, or accounting advice. We may earn a commission when you buy legal forms or agreements on any external links. DoorLoop does not guarantee the accuracy, completeness, or timeliness of the information provided and disclaims all liability for any loss or damage arising from reliance on this content.

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