Being built
Glysten Rentals is being built for property managers and landlords: leases and rent, a portal for renters, statements for owners and investors, and work orders for vendors. The rent is posted into each LLC's own books in Glysten Books, so the books behind every building are the real thing.
Being built: nothing on this page is open yet, and none of it has a date.
Who sees what
The manager's staff, the owners, the renters and the vendors each reach only what is theirs. Renters sign in apart from the account's own people, on a database role of their own, so a mistake on a staff screen cannot show a renter anything.
Run the properties: leases, the month's charges, collections, deposits, maintenance and vendors. The manager holds the account and gives each person the properties they work on, to view, to edit or to manage.
See only their own properties, read-only: statements and distributions by their share, performance (net operating income, occupancy, collected against due, budget), documents, and the approvals the manager asks them for, such as spending over a limit.
Sign in with a password and an emailed code to pay rent by bank or card, set up autopay, ask for a repair with photos, and see their lease, ledger and documents. A renter's login can never open a page of the books.
Get the work order a repair request becomes, and their bill lands in Glysten Books to be paid, with the 1099 prepared at the year's end.
How it will work
Each property owned by one of your LLCs. A lease holds its dates, the rent and any other charges, each to its own income account, the deposit, and the signed lease, e-signed through a partner.
Each lease's charges are drafted for the month, with prorations and late fees by the policy you set, and posted in one batch into each LLC's books. Nothing posts by itself.
Renters pay by bank or card, or through autopay, with the fees on the renter. Each payment is matched to what it settles, a returned payment is reversed with its fee, and a housing agency's share is kept apart from the renter's.
A renter asks with photos, the request becomes a work order for a vendor, and the vendor's bill lands in the books.
Statements and distributions for each owner, by their share of each property, with the approvals they have asked for.
Deposits are held as a liability, never income. At move-out, withholdings are itemized, the rest refunded, and the letter kept on the lease.
Also being built
Each building expense split between the residential and commercial parts, the commercial part shared among the triple-net tenants, estimates charged each month, and a true-up at the year's end.
An online application, with screening through a partner and paid by the applicant. Glysten keeps the result, never the credit file.
A renter's date of birth and ID are encrypted, seen only by the managers of that property, and every time one is shown it is logged.
Renters see your business's name, with "powered by Glysten" at the foot.
Later, and not in the first release: trust accounting and owner payouts for management companies, a table of each state's rules checked against your settings (Oregon first), renewals and inspections.
Working today
Rentals is built on Glysten Books, and some of what landlords need is already there.
Guides
Hear when it opens
Leave your name and email, and we will write to you when Glysten Rentals opens. Tell us how many units you run, and whether you manage for other owners, if you like.
What you send here is used only to reply to you: see the Privacy Policy.
Questions
Not yet. It is being built, and this page describes how it is being built to work. Leave your name with the form on this page and we will write to you when it opens. Glysten Books, for the books of the LLCs that own your buildings, is open now.
Property managers, both an owner's own team and management companies running buildings for many owners, and the owners, investors, renters and vendors they work with. Each kind of person sees only their own part.
Online, by bank transfer or card, with autopay if they choose, into each LLC's own bank account. The renter pays the payment fees, and every payment is matched to the charges it settles.
Yes, that is the point of it. Each month's rent is charged into the owning LLC's books in Glysten Books as drafts that a person posts, never by itself, so the books behind every property are real double-entry books.
Yes, in Glysten Books: if an outside manager runs your building, Books reads their monthly owner statement and drafts one journal entry for you to approve. Glysten Books also keeps a profit and loss for each property.
Glysten Technologies, LLC, in Portland, Oregon, which also makes Glysten Books. Glysten Books was built by a landlord for landlords.
