How To Add A New Property To UnitConnect
In this tutorial, I’ll be covering how to add a new property to the software. In order to add a property, we need to go to the admin page, which you can click on here in the top menu on the right hand side.
Hello, this is Nathan with UnitConnect, the property management software company. In this tutorial, I’ll be covering how to add a new property to the software. In order to add a property, we need to go to the admin page, which you can click on here in the top menu on the right hand side.
Once you’re in the admin dashboard, you can see that there are three different options. We have property management, user management, and application management. Under each of these three tabs, we have different options. So for this case, for adding a new property, we’re going to be in the property management tab and we’re going to want to access the new property wizard in which we want to click on the, “go action” button on the right hand side.
Now that we’re in the new property wizard, we can see that there’s four parts that we need to add in terms of information regarding the property, property information, ownership, bank accounts, and billing defaults. For the purpose of this tutorial I’ll be adding fictitious information.
Also please note that the information that is marked with a red asterix is required. So for the property name, I’ll call it John’s property and for the property type, we have different property types to choose from including either residential or commercial, mixed use industrial and other.
I’m going to use commercial retail as the designation, number of units, one, going to add the property address and as the city, state, and zip. Please note that there are additional details which you can add which include the property size, block lot, land size, and the floor area ratio also known as F.A.R.
We also have an area for notes, where you can add additional information related to the property. For now, I’ll leave that information blink and get to the next section. Here is the ownership tab and this is where we would add owners of the property. We will go ahead and click add owner.
Going to add John as the owner, John Smith, and we can see that there’s other information we can add for John. Most importantly, we’re going to add his share of the property. In this case it’s 100% and for the date, I’m just going to put the first of the year
Please also note that at a future date, you can add or modify the owners of any property. I’m going to go ahead and go to the next screen. We’ve now arrived to the bank account section and I’m going to put the name of the bank account as John’s property.
The institution is which bank we have the bank count through, and then what type of account it is. So in this case, we’ll just use checking for all the other information I’ll leave that link.
Also know that you can select an existing bank account if you have already entered bank account information and lastly, we will be at the billing default page. So this is where you can specify what day of the month to send bills to tenants.
So our default setting is on the 25th and we have what day of the month do you receive payment from tenants and so our default setting is on the fifth, but both of those different dates can be changed.
Right now I’m going to hit finish. Are you sure you want to proceed? Yes. Following we will receive a confirmation that we’ve been able to add the property as we can see right here, and then following there are some steps depending on what you want to do now.
Following if I go to the properties tab, we can see that John’s property has been added. Alright, that concludes this tutorial. Thank you so much for watching. Be sure to check out the other videos on UnitConnect. Thank you.