Hemlane vs Stessa

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.

Stessa helps real estate investors manage property portfolios with bookkeeping, financial reporting, rent collection, leasing and tenant screening. It imports, categorizes and indexes rental transactions, and supports single-entry bookkeeping. Dashboards and reports include an Income Statement, Net Cash Flow, Schedule of Real Estate Owned and Tenant Ledger. Landlords can collect rent online with automated reminders and late fees; tenants can pay by ACH, credit card or debit card. Leasing includes state-compliant agreements, legal forms, templates and e-signatures, with limits depending on plan. RentPrep integration supports background and credit checks. Stessa says it connects with banks, lenders, credit cards and property managers to consolidate financial data. Web access is joined by iOS and Android apps for receipt scanning and transaction management. Essentials is free and includes unlimited properties, one portfolio and five receipt scans per month; state-compliant leases cost $15 each. Manage is $12 per month billed annually or $15 per month billed monthly. Pro is $28 per month billed annually or $35 per month billed monthly. Stessa describes encryption, optional multi-factor authentication, backups, fraud monitoring and role-based access control.