How To Create A New Rental Property

If you have signed up to PaTMa, you can start to manage your properties using the software's features to keep track of rental and mortgage payments, essential documentation and portfolio management all within our Property Management Package for no extra fee. However, first, you must create your first property.

Getting Started

  • Once logged into your PaTMa account, navigate to Manager.

    You will find this in the header, as shown in the image below.

  • In the upper right, click Add Property.

- On the page, you first choose what type of rental property you wish to manage, choices include 'Single Let', 'House of Multiple Occupation' etc. - On the next page, a Form must be filled in with information of the specific property you wish to document. The fields on the form may be different depending on the type of rental property chosen. After setting up the relevant details, click Save.

Note: When accounting for a House of Multiple Occupation property, you will be given the option to create multiple units later in the setup process.

The Setting Up Process

The first time you create a property, you’ll be requested to provide the required information that will be associated with the property in future logins. This information will be utilized to manage the essential details of each property.

Your Label

This label will be associated with the property's profile. This label can be later changed at any time.

Address

This information will specify the location of the property.

Line 1 and 2

Enter the street address and the suite, space, apartment name/number as needed under these fields.

Town

This is for the specific subdivision of the county the house may be located within. (e.g. Beckenham).

County

Here, specify the division or city within the country the property is located in for greater clarity.

Postcode

These are the brief series of letters and numbers that follow the address. It is necessary for the postcode to align with the address inserted above. If unsure, you may use resources like the Postcode Finder to verify it.

Notes

In this field, enter any additional information you would like to store along with the property.

Key Number

In this field, enter the identification number that you may have assigned to the property's keys for easy recognition.

Date Purchased

In this field enter the date the property was legally purchased; adding the cost under the Purchase Price.

No Gas Supply

Select this field if the property does not have a gas supply.

Insurance Not Required

Select this field if the property does not require any insurance.

Image

An optional image for the property can be uploaded using this field.

Making Edits

Once your property has been added, it will be presented in a list, with its picture, label and address. You can edit the property details by clicking the Property Label presented on the page and then navigating to Edit in the top right corner.

For more advanced edits, such as adding Expenses, Mortgage Payments, and EPC: - Click the Property Label presented on the page. - Use the Navigation Tabs to display the desired section.

Learn more about Advanced Property Edits.