Start the wizard
- Open Properties and choose Add property.
- Work through the six steps: Identity, Location, Physical, Financials, Fractionation and Media.
- Choose Finish on the last step.
The property is saved as a draft after the location step, so you can leave and continue later from the property page. Steps after Location can be skipped and filled in whenever you like.
What is required
- A title and a type: land, apartment, house, villa, townhouse, building, office, retail, warehouse, industrial, hotel, mixed use, parking or other.
- A city and a country.
- A currency, which defaults to your base currency.
- The total number of fractions. You can change it in the fractionation step.
Everything else is optional.
What you can record
| Group | Examples |
|---|---|
| Identity | Reference code, description, highlights, tags. |
| Location | Address, map pin, neighbourhood notes, and whether to show the exact address to clients. |
| Physical | Land, built and net areas, floors, rooms, bedrooms, bathrooms, parking, year built and renovated, condition, furnishing, energy rating, heating, zoning. |
| Legal and ownership | Ownership structure (company shares, direct co-ownership, trust, loan note, token or other), vehicle name and registration, jurisdiction, cadastral and title deed numbers, encumbrances, insurance. |
| Financials | Acquisition price and date and costs, renovation budget, debt, target rent, operating expenses, projected appreciation, target IRR, hold period, exit strategy. |
| Operations | Tenancy status, rent, lease dates, occupancy, property manager, service charges and property tax. |
| Fractionation | Total fractions, fraction price, sponsor reserve and default minimum and maximum per investor. |
| Custom fields | Any fields you defined. See Custom fields. |
Tip: Start with what you know. Yields, NAV and the other figures fill in as you add the numbers they need. See Financials, yields and NAV.
The property page
Each property has tabs: Overview (key facts, map, gallery), Financials (valuation history and yields), Ownership (the cap table), Listings, Distributions, Documents and Activity. Use Edit to change a group of details; the form warns you about unsaved changes.