Feature · After you close
Books and reports that keep themselves up to date
Connect your property manager and your bank, and DoorRaise pulls the month’s numbers into a report investors can read.
Free to start. You pay nothing until you submit a deal.
Property books · How it goes
- You connect your sources
- Numbers come in monthly
- We flag what looks off
- Investors get a report
What it is
A deal needs books: income, expenses, occupancy, the loan. DoorRaise connects to your property manager and the deal’s bank account, builds a monthly property report, and works toward the numbers the tax return needs. Where you use QuickBooks, it connects there too.
How it works
1
You connect your sources
Your property manager, the bank account and, if you use it, QuickBooks.
2
Numbers come in monthly
Units, occupancy and the bank balance are added to the report for the month that just ended.
3
We flag what looks off
Warnings show up when a figure does not add up, before an investor sees it.
4
Investors get a report
A clear summary with the key figures goes into the portal.
How it creates value
Fewer evenings in spreadsheets
The data arrives on its own.
Reports you can stand behind
Checks catch the typo before an investor does.
Year-end is a handoff, not a hunt
The CPA package builds on books that were kept all year.
Why you need it
A sponsor who cannot explain last month’s numbers loses investors faster than one with a weak month.
Bookkeeping for the deal’s company, typically
$3,000 to $10,000 a year
Ranges from published law firm, investor-software and CPA pricing, for a deal with about 40 investors. On DoorRaise it is part of the flat fees below.
Without it
- Copying figures between systems by hand
- Reports that arrive late, or not at all
- A year-end that takes a month to piece together
With DoorRaise. Covered by the $3,500 yearly fee, which includes bookkeeping synced from your property manager. See pricing.
Questions
Which property managers work?
We connect to Buildium today. Ask us about yours.
Can I upload instead of connecting?
Yes. You can add the month’s figures yourself.
Does it change my property manager’s data?
No. DoorRaise reads it and never writes to it.
Ready to raise your first deal?
Create your free sponsor page. You don’t need a deal yet.
DoorRaise checks facts, like identity and the property documents. We don’t pick, rank or recommend deals, and we don’t promise returns. DoorRaise isn’t a law firm and can’t give legal advice about your own situation. Offers on DoorRaise are open to accredited investors only.