The Spreadsheet Trap
Most rental investors start with spreadsheets. It works fine for your first property. By your third property, you're confident in your system. Then you get to five properties.
Suddenly, you're spending 3-4 hours every month copying PM statements into spreadsheets, hunting for data, and cross-referencing numbers across tabs. Your formulas break. Version control becomes a nightmare. And if your computer crashes, good luck.
Spreadsheets were built for static data entry, not for managing a growing real estate portfolio.
What Spreadsheets Can't Do
Spreadsheets require manual data entry. Your PM sends a statement. You copy the numbers by hand. This is slow, error-prone, and doesn't scale past 5-10 properties.
You also can't process complex PM documents like tenant ledgers, maintenance invoices, bank deposits, HUD-1s, or insurance certificates. Spreadsheets can't give you portfolio-level health insights either.
What DoorVault Does Instead
DoorVault automates the entire workflow. Forward your PM statement to Knox AI. Knox reads it, extracts the data, and populates your dashboard in minutes. No manual data entry. No formula breakage.
Knox processes 72+ document types. DoorVault gives you portfolio health scoring across 8 categories. One dashboard. Cross-property insights. Automatic tax-ready exports.