Landlords and property managers
An AI employee for your rental business.
Bills posted to the right property, late rent chased, repairs logged against each unit, and lease renewals signed on time.
Meet Iris.
Pick your office's software below and watch Iris at work in it.
What does your office run on?
You ask. Iris does the work.
First duties
What Iris usually takes on first.
Post every bill to the right property
Iris enters contractor invoices and utility bills under the property they belong to and lines up the payments. Nothing is paid until you approve it.
Remind late tenants and log every payment
She texts and emails each tenant whose rent is late and keeps the list of who still owes. Firmer letters wait for your okay.
Log every repair against its unit
From the tenant's first text to the contractor's invoice, she keeps each repair on the unit's record and asks the contractor for a date.
Collect W-9s and prepare the 1099s
She gets a W-9 from every contractor you pay and prepares January's 1099s. The 1099s wait for your okay before she files them.
The work
What keeps a property manager's office busy.
- Bills typed in under each property. Contractor invoices and utility bills arrive by email and on paper, and someone types each one into the books under its property. A bill posted to the wrong property throws off that owner's numbers.
- Repairs followed from text to invoice. A repair starts as a tenant's text and runs through calls and photos before the contractor's invoice arrives. Matching that invoice to the right unit weeks later means digging back through the messages.
- Mortgage payments split line by line. Each mortgage payment is split into principal, interest and escrow, and only some lenders pay the tax and insurance. Without care, a premium or tax bill gets paid twice.
- Lender schedules pieced together over a weekend. When a lender asks for a schedule of every property's value, loan and payment, someone puts it together from scratch. It takes a weekend each time.
- Owner statements checked against the trust account. At a management company, owners are paid only after the bank, the trust ledger and every owner's ledger agree. Someone checks the three each month and traces every difference.
Unlike the general-purpose AI employee bots on the market, Iris works in the software a property manager's office already uses. How we're different
Increase efficiency, lower costs.
A short conversation about how your office runs, and a written proposal in a couple of days.
Start the conversationStart here