MagicDoor offers an AI-native platform for property management firms of any size, automating tasks such as leasing, maintenance, accounting, tenant screening, and communication. Its Genie AI works across the entire portfolio, handling maintenance requests, drafting listings, responding to tenant messages, and renewing leases without human intervention, allowing managers to focus on growth and tenant satisfaction.
Funding
$4.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
3OOVSVFounders
Product
Problem
Property management firms spend significant time on repetitive tasks such as rent collection, maintenance coordination, tenant communication, leasing, and accounting, which limits scalability and increases operational costs.
Solution
MagicDoor provides an AI-native platform that embeds an autonomous assistant, Genie AI, into every core workflow of property management. The AI automatically drafts property listings, handles tenant inquiries, processes maintenance requests, manages rent collection, and automates lease renewals and screening. By operating across the entire portfolio, Genie AI resolves up to 81% of maintenance tickets and tenant messages without human input, allowing staff to focus on growth and tenant satisfaction. The platform consolidates data from leasing, accounting, and vendor management into unified dashboards and offers seamless migration from legacy systems. Integrated AI tools also translate messages, summarize communications, and generate financial reports, delivering a faster, lower‑cost, and more consistent management experience.
Target Audience
MagicDoor is designed for property management companies and landlords of any portfolio size—from small‑scale owners to large‑scale managers—who need to automate routine operations and improve tenant experience.
Features
- AI‑driven rent collection with automated reminders, multi‑payment options, late‑fee calculation, and real‑time financial reporting
- Automated maintenance workflow: AI triages requests, creates work orders, and coordinates vendors, handling up to 81% of tickets autonomously
- Tenant communication assistant that replies to messages, translates languages, and summarizes conversations, covering 72% of interactions
- Lease renewal and rental application automation, including AI‑generated listings, e‑signing, and a “Magic Score” for applicant evaluation
- Comprehensive accounting suite with trust accounting, owner distributions, 1099 generation, general ledger, and audit trail
- Portfolio management tools: multi‑portfolio dashboards, owner portal, fee tracking, and API access for custom integrations
- Mobile app and file storage for on‑the‑go access to all workflows
- Data migration (“MagicDoor Switch”) that imports leases, tenants, financials, and history within days