MagicDoor

Founded 2023

Manage rental properties, tenant communications, maintenance requests, and accounting in one place

Pricing model

Paid

You can use MagicDoor to handle day-to-day property management across residential and commercial rentals. The system automates routine tenant messaging, maintenance requests, and work order assignments to outside vendors. Tenants can pay rent through direct debit or credit card, and the software updates cash and accrual accounting records in real time. It screens potential renters using credit and background reports, generates digital leases for e-signing, and tracks lease renewals. Property managers can also distribute owner payouts and file year-end 1099 tax forms directly.

What MagicDoor does

Collect rent payments and track unpaid balancesCreate and assign maintenance work orders to vendorsScreen prospective tenants with background checksSend automated text updates to tenants and landlordsGenerate financial statements and owner distributionsFile contractor and owner 1099 forms electronicallyDraft and execute digital rental lease agreementsAutomated maintenance troubleshooting and work order dispatchingOnline rent collection with automatic payment reminders and late feesReal-time double-entry trust and operating accountingAutomated tenant screening with background and credit checksInstant automated translations for multilingual tenant messagingDirect digital 1099 filing to the IRSDigital lease generation with electronic signaturesAutomated owner distribution calculations and statement generation