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SPECIFICTION
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Hemlane vs PayProp

Hemlane

hemlane.com

PayProp

payprop.com

Side by side

FigureHemlanePayProp
Price from$4.95/mo—
Free planYes—
Free trial—Yes
Open source——
Web—Yes
iOSYesYes
AndroidYesYes
API—Yes
Plans published75
Spec score · Property Management Software9.1 (#12)9.1 (#13)
Spec score · Real Estate Property Management9.0 (#2)8.8 (#6)
Free planYesNo
Secure encryptionThe service uses secure encryption for instant bank verification.PayProp states that transaction information is protected with 256-bit SSL encryption and is not transmitted unencrypted in the browser.
Paid from3040
Tenant portalYesTenants receive a branded portal for payment options, payment history, deposits, documents and maintenance requests.

Plans

Hemlane

  • StarterFree
  • Basic$30 a month
  • Essential$48 a month
  • Complete$86 a month
  • Eviction Shield$4.95 a month
  • Inspections$300, paid once
  • Tenant Placement$695, paid once

Hemlane pricing →

PayProp

  • License$40 a month
  • Monthly service fee£1 a month
  • License£79 a month
  • Once-off setup feePrice not published
  • PayPropPriced on request

PayProp pricing →

In their own words

Hemlane

Hemlane is a long-term rental management service with tools for advertising, screening, accounting, rent collection, leases, and maintenance. Its free Starter plan includes rental advertising, applicant and tenant screening, and full rental accounting. Basic adds lease tracking and management, document storage and e-signing, rent collection, late fees, and tenant messaging; Essential adds 24/7 repair coordination, work orders, and state-specific leases. Complete includes those features plus a property management assistant, vetted repair network, and local leasing and turnover network. Basic, Essential, and Complete have 14-day trials. Their listed monthly prices are 30.00 USD, 48.00 USD, and 86.00 USD, respectively, with annual billing able to save up to 20%. Hemlane says it is available in 50 states and its tenant platform supports unlimited users. Owners can connect financial accounts for rental performance and accounting. Rent and late fees go directly to the owner with $0 ACH fees; card transactions carry a 3% fee. Screening costs $40 total, paid by the tenant. Hemlane says it is not a property management firm and cannot decide for owners.

Visit hemlane.com

PayProp

PayProp has no write-up on Specifiction yet; its figures are above.

Visit payprop.com