Hemlane vs Tenant File

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.

Tenant File is paid property management software for landlords, rental property owners, and property managers. It combines online rent collection, maintenance management, and property accounting. Accounting tools include rent posting, separate ledgers, deposit accounting, check writing, bank reconciliation, and reports. Tenant and vendor email, automatic late fees, reminders, a scheduler, and built-in backup are also included. Tenant File Cloud hosts the desktop program on a virtual server and is accessible from anywhere. Plans retain the same features while changing supported rental volume: Tenant File 100 costs $50 a month for 100 rentals, Tenant File 250 costs $100 a month for 101 to 250 rentals, and Tenant File 500 costs $200 a month for 251 to 500 rentals. DirectPAY accepts eCheck, credit card, and recurring payments, posting them automatically. New Cloud users receive a one month free trial and free data upload. Web access is supported, but small handheld screens are not suitable.