Leasing, accounting, maintenance, applications, reporting. Whether you run a duplex or a few thousand doors, terraceIQ replaces the patchwork of tools you've been holding together with spreadsheets and email.
Built by landlords who own and manage hundreds of units — flat pricing, free migration, and support answered by a person.
Nine modules covering applications, leases, accounting, maintenance, vendors, and reporting. They share one database, so nothing has to be re-entered.
25+ auto-populated variables. Draw-to-sign with initials, IP logging, and timestamps. Multi-tenant signing with auto-lease activation.
Double-entry GL, auto-numbered invoices, bank reconciliation, chart of accounts, 1099s, owner statements, and check printing. Stripe ACH + card.
Draft → Active → Month-to-Month → Expired. Auto-renewal, rent escalation, pro-rated first months, deposit tracking with itemized returns and check printing.
Auto-enforced SLAs per priority. Threaded comments, vendor quotes, time logs, file attachments. Preventive scheduling with auto-generated work orders.
Shareable public form. No login required. Background checks, credit reports. One click converts an approved applicant into an active lease with a provisioned tenant account.
Self-service rent payments, maintenance requests, document signing, two-way messaging, shared files, and notice inbox. Strict data isolation per tenant.
Directory with specialty tags, insurance monitoring, hourly rates, star ratings, and spend tracking. Share cases via public link. No vendor login needed.
P&L, Rent Roll, AR Aging, Cash Flow, Occupancy, Property Comparison with implied cap rate. All reports export to CSV.
Complete activity log with field-level change tracking. Old → new values, clickable entity links. Every lease, invoice, payment, and contract action recorded.
Late fees, SLA tracking, lease renewals, recurring invoices, document expirations, applicant pipelines. Background jobs run continuously and notify you when something needs your attention.
Eighteen portfolio checks running on a schedule. Surfaces overdue payments, expiring leases, vacancy risks, repeat maintenance, and compliance gaps, sorted by severity.
Generates rent invoices, applies escalations, mortgage and HOA bills, plus your own recurring rules. Duplicate prevention and auto-deactivation.
Configurable grace periods, flat or percentage fees. Inspects existing line items to prevent double-charging. Full audit trail.
Deadlines calculated per priority. Real-time breach detection. Emergency: 1h response, 24h resolution. Recalculates if priority changes.
Marks invoices overdue, cascades lease changes, handles auto-renewal and month-to-month conversion, watches document expirations, sends multi-threshold notifications.
Tenants set it up once. Stripe charges on due dates off-session, records the payment, updates the invoice. Failed charges get logged for staff to follow up.
Pro-rated first months, property status sync, activation and termination cascades, deposit returns with check number tracking.
One click creates the lease, provisions the tenant account, assigns the membership, and sends the onboarding email.
Most PM software forces a choice: simple tools that break at scale, or enterprise systems that take months to learn. terraceIQ avoids both. The same UI handles a single duplex and a multi-entity portfolio.
terraceIQ wasn't designed in a product workshop. It comes from engineers and investors who own and manage hundreds of units of their own — people who wanted simple, fast software instead of another complicated, module-priced platform.
We didn't set out to sell software. At MKN Properties we manage hundreds of units of our own, and nothing on the market worked the way we wanted. The big platforms were complicated, and the pricing was modular — every feature you actually needed was another line on the invoice. I wanted one thing: software that's simple, easy to use, and very fast.
So we built it ourselves, from the ground up. The architecture is state of the art and free of third-party modules — no plugins we don't control, no inherited zero-day exposure, nothing bolted on to slow it down. The opinions in it — check printing stays, pricing is flat, the audit log is a first-class feature — come from our own rent rolls, not a product roadmap.
One flat price, everything included. No add-on for e-signing, no surcharge for screening, no surprise line items.
Nothing bolted on to slow it down. Screens load instantly whether you run 10 units or 10,000.
The whole stack is ours, built from scratch. No plugins we don't control, no inherited zero-day exposure.
For vendor deposits and security deposit returns. Paper when you need it.
Import from AppFolio, Buildium, Yardi, or spreadsheets. Free migration.
Owner, Admin, Manager, Accountant, Viewer. Your rules, your approval chains.
Manage separate entities under one login with complete data isolation.
Notice → Filing → Hearing → Judgment → Writ. Auto deadlines and cost tracking.
Move leasing, accounting, maintenance, and reporting onto one platform. Free migration, flat pricing, and a real person to help you switch.
Questions go to michael@mknwebsolutions.com — you'll hear back from someone who manages property, not a sales team.