Owning

You already own it. Now see the money.

An empty flat is not neutral. It costs service charge, it costs maintenance, and it costs whatever it would have earned, and none of that is visible until somebody writes it down.

Try the demo See the proof

You already own it
Read-only access for family
A statement every month

What goes wrong

Owning it is not the same as seeing it.

None of these needs anybody to be dishonest. They are what happens when a property has no account of its own and no record anybody can read from another country.

An empty flat is not neutral. It costs quietly, until somebody writes it down.
The property has no balance of its own.
Rent, service charge and repairs pass through an account that also holds other money. There is no figure that belongs to the property alone, so there is nothing to reconcile against the bank.
The repair has no photograph.
Work gets described on a phone call and paid for on trust. Months later there is nothing to look at, and nothing to hold the invoice against.
The figure arrives already netted.
One number a month with the working left out is not something anybody can check. What came out, and who took it, is the part that goes missing.
Asking is the problem.
You cannot audit a relative, and asking to is an insult. A ledger neither of you can edit ends the question without either of you having to raise it.

Where this sits

Stages 6 and 7 of the seven

You meet the last two, because the first five have already happened: you own it. They are stages of the one process every property goes through with us, not a shorter one written for an owner.

See all seven stages

Letting and facilities
Long tenancy or short stays, assessed on the ground rather than estimated from a portal. Income lands in an account opened for that property and never pooled with anyone else’s, and every night it is matched against the bank.
What you get
Income posted against the property, matched to the bank every night.
Distribution and payout
You see the net, not the gross. Costs post against the same property and channel commission appears as its own line, because it is money the channel took and not money we did. At month end the balance is swept and sent, with the rate printed on the transfer.
What you get
The month swept, and a transfer carrying its rate and its CCI reference.

What refuses

The parts nobody can quietly skip.

The two guards that matter to somebody who is not in the country. One is a table that will not let a posted line be edited, by anyone, including us. The other will not let whoever asked for a payout be the person who approves it.

Letting and facilities
No edits, no deletions
A posted line cannot be edited or deleted by anyone, including us. The table itself refuses it, so a correction has to be a reversal that stays on your statement.
Distribution and payout
No approving your own payout
Whoever requested a payout cannot approve it. A second member of staff must, and a payout the owner requested has no confirmed destination until staff set it from the account on file, because two people approving an instruction the requester wrote is not maker-checker.

What it costs

The part of the price list that applies to you.

Read from the same schedule that posts fees to your ledger. Long tenancy and short lets are charged differently because they are different work, and the channel’s commission is never folded into ours.

See the whole schedule

What these stages charge

Long tenancy12% of rental income received, at month end
Short let22% of gross stay income, before channel commission, at month end
Channel commission is a separate line on your ledger, because it is money the channel took and not money we did.
Facility management₦45,000.00 to ₦120,000.00 per unit, a month
Banded by specification.

What we never charge for

Money sitting in your property accountNo charge
It is your money waiting, not a balance we are earning on.
Leaving usNo charge
No exit fee, and no notice period that functions as one. The ledger and every document in it leave with you.
Converting your payoutNo charge
No markup on the exchange rate. Payouts convert at the rate our bank gives on the day, and the rate and the moment it was captured are printed on the transfer.

We hold client money in accounts opened per property, never pooled, and every naira is posted to a ledger that cannot be edited.

What happens next

From an empty flat to a ledger you can read.

You do not need the property to be let, or empty, or in any particular state. The ledger starts wherever it is now.

Try the demo

You tell us about the property.
Five short questions, and every answer saves as you give it. Nothing here asks you to send a document before we have spoken.
Who you are · Where · Details · Purpose · Contact
It gets an account of its own.
A dedicated account in the property’s name, never pooled, and the tenancy moved onto it. From then on every naira in or out posts as an entry you can open.
Income posted against the property, matched to the bank every night.
The month closes and you are paid.
The balance is swept and sent. The rate is the one our bank gave on the day, and it is printed on the transfer along with the moment it was captured.
The month swept, and a transfer carrying its rate and its CCI reference.

What you can go and read

The ask

The ledger is the product

The entry on our proof page is the same component your ledger renders, with a real row from a real property, including a correction, which is never an edit but a new entry naming what it reverses and who decided.

Try the demo The other situations

You already own it. Now see the money.

The property has no balance of its own.

The repair has no photograph.

The figure arrives already netted.

Asking is the problem.

Letting and facilities

Distribution and payout

You tell us about the property.

It gets an account of its own.

The month closes and you are paid.

The ledger is the product