Hemlane vs Rentastic

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.

Rentastic is rental accounting and property-management software for small landlords and rental-property investors, with Android, iOS, and web access. Users connect bank and credit-card accounts through Plaid to import transactions, categorize them by property, or split them by amount or percentage across properties and categories. Its dashboard brings together income, expenses, cash flow, property values, debt, and performance per property. Profit-and-loss reporting is available, while the Unlimited plan adds Schedule E and Schedule C reports, AI transaction classification, custom categories, a calendar, and tenant communications. Core includes receipt scanning, mileage tracking, a deal analyzer, and balance-sheet reporting. Core allows two properties and two bank accounts; Unlimited removes those limits. The free tier includes the mobile apps. A seven-day Unlimited trial requires no card and does not auto-charge, and a seven-day money-back guarantee is advertised. Core costs $5 a month billed annually at $60/yr or $7/mo monthly; Unlimited costs $19.83 a month billed annually at $238/yr or $29/mo monthly.