ResidentAxis

Feature

Owner reporting and profitability

Owner statements are computed, not composed. Collected minus expenses minus your fee, weighted by each owner’s split, rendered as a PDF the owner can also open in their own portal.

The problem

Owner statements take the last three days of every month.

Because collected rent, expenses and fees live in three places, statements are assembled by hand — and every owner question becomes a research project.

  • Co-owners with different percentages need separate math.
  • Capex approvals happen by email and are not linked to the expense.
  • Owners call to ask what the management fee was on a partial month.
  • The distribution report and the statement do not agree.

The workflow

From ledger to statement without a spreadsheet

  1. Collect on the ledger

    Payments post as append-only rows; refunds and chargebacks are adjustments, never edits.

  2. Record expenses at the property

    Maintenance costs and obligations post to the property and flow to P&L.

  3. Apply the management fee

    Percent of collected or flat, per property, from the record — not typed in.

  4. Compute net to owner

    Per property per month, rolled up per owner weighted by split. One click renders the statement PDF.

  5. Owners self-serve

    Their portal shows only their doors: statements, distributions, capex requests to approve or reject.

Illustrative owner statement and portal tiles for a 60% co-owner.

Capabilities

What is built, what needs configuration, what is planned

Each row is a real capability in the current build. Labels are derived from the codebase and its test suites, not from a roadmap deck.

How to read the labels

Built
Implemented in the current build and covered by its test suite.
With configured integration
Implemented; a live outcome requires a provider you configure (keys, contract, or credentials).
Pilot
Implemented in part and enabled per pilot customer with tuning.
Planned
On the roadmap. Not sold or promised today.
  • Owner portal

    Built

    Owners see only the doors they hold a stake in, their share of net income, statements and capex requests.

  • Owner statements as PDFs

    Built

    Collected minus expenses minus management fee = net to owner, weighted by ownership split, rendered on demand.

  • Capex approval flow

    Built

    Managers propose; owners approve, reject or mark paid from their portal.

  • Distribution and management-fee reports

    Built

    Owner distributions and fees-earned reports by period and owner.

By role

What each party gets

Owners

A statement they can trace line by line, a portal with only their properties, and approvals they control.

Property managers

Month-end that starts from the right numbers; fewer owner calls.

Accounting

Distributions and fees-earned reports that reconcile to the statements because they come from the same rows.

Configuration and pilot notes

Before you rely on it

Things that are set up per operator during a pilot, or that depend on a provider you contract.

  • Owner distributions are recorded; ResidentAxis does not move funds to owners. Disbursement runs through your bank or a provider you choose.
  • Statement templates and the fee model (percent of collected or flat) are configured per property.
  • Owner access is invitation-based; owners never see other owners’ properties.

Questions about this area

Can an owner see the resident’s personal details?

Owners see financial performance and occupancy for their doors. Resident PII is limited to what your policy exposes; by default, ledgers and statements do not include contact details.

Do statements change after the month is closed?

No. Closed periods are deterministic because the ledger is append-only; corrections appear as rows in the period they are made.

See owner reporting on your portfolio.

A pilot starts with a discovery call and your CSV exports. We reply within two business days.