Month-end owner statements without the spreadsheet archaeology.
OwnerSplit turns rent, repairs, reserves, fees, and expenses into payout-ready owner statements with exception checks — without forcing a small manager into a full property-management suite.
Validation page only. No payment required. Early users get a sample owner statement built around their current month-end workflow.
May owner packet
4 owners · 9 doors · 6 exceptions
Owner A · Maple Duplex
$3,420 payout ready. Reserve stays above $1,000 minimum.
Owner B · 3 units
Two repair expenses need unit mapping before statement export.
Owner D · Pine Studio
Payout is 38% below last month; add note for HVAC repair.
Trust artifact
“Send each owner a statement you can defend: what came in, what went out, what stayed in reserve, and what needs explanation.”
Narrow customer
Small third-party property managers and admins managing 5–30 doors across several owners before AppFolio, Buildium, or Yardi makes sense.
Paid problem
Owner payout errors and unclear statements cost month-end hours, trigger owner questions, and can damage trust in a manager’s books.
Landing test
Join the waitlist to test whether a CSV-first owner-statement preflight is valuable before any deep accounting or bank integrations are built.
Day-in-the-life pain
The repairs are done. The owner math is not.
Rent lands in one account. A plumber’s invoice covers two units. One owner needs a reserve held back, another wants every repair note, and a third asks why payout dropped this month. The actual property work happened all month; the trust work arrives at month end.
Input
Bank CSV, rent ledger, owner/property map, repair expenses, management-fee rules, reserve minimums, and prior statements.
Checks
Owner allocation, property match, missing category, duplicate repair, reserve gap, payout variance, and statement note completeness.
Output
Payout-ready owner statement, exception queue, exportable CSV/PDF, and a plain-English owner email summary.
The current workaround breaks because the truth is split across systems.
The bank knows cash movement, QuickBooks knows categories, the spreadsheet knows owner rules, and email remembers the explanation. OwnerSplit tests whether small managers will pay for one review layer that makes the statement defensible before it leaves the office.
What early users get
A month-end packet builder, not another all-in-one suite.
Owner/property mapping
Map each rent deposit, repair bill, fee, and reserve movement to the correct owner and unit before the statement goes out.
Payout preflight checks
Catch unmatched deposits, uncategorized repairs, reserve shortfalls, duplicate expenses, and owner totals that moved sharply from last month.
Statement-ready outputs
Generate owner packets with beginning balance, income, expenses, management fees, reserves, payout, and notes for exceptions.
Spreadsheet-friendly start
Begin with CSV uploads and clean exports instead of forcing a small manager into a full property-management migration.
Owner question trail
Keep review notes attached to the statement so the answer to 'why did my payout change?' is not buried in email or memory.
Community evidence
This test is about owner payouts and statements, not generic landlord software.
The public complaints point to small operators trapped between spreadsheets and heavyweight suites. The clearest paid wedge is the month-end artifact owners actually see: statement, payout, and explanation.
A small manager says rent flows into one account and sorting who gets what every month is brutal because every owner wants property-specific reports.
Another operator with 9 units across 3 buildings calculated hundreds of hours spent updating rental spreadsheets for years.
A portfolio operator asked how to stay on top of leases, maintenance, and payments without drowning in paperwork after spreadsheets stopped being enough.
Property managers are actively discussing which day-to-day workflows still require too much manual work or back-and-forth despite existing tools.
Why not AppFolio, Buildium, QuickBooks, or a better spreadsheet?
Large suites can run the whole business, but many small managers are not ready to migrate everything. QuickBooks can store transactions, but it does not naturally know owner-specific reserve rules or write a clean explanation. A spreadsheet is flexible until one missed mapping creates a phone call, a payout correction, and a lost evening.
How demand will be validated
Waitlist signups are only the first signal. Stronger validation is a manager who describes their current bank/export/spreadsheet flow, names multiple owners or entities, asks for CSV/QuickBooks support, or shares an anonymized owner statement so a sample preflight can be built around the real month-end mess.