PROPERTY MANAGEMENT SOFTWARE AND SERVICE
Your rentals, your rules. We do the work for you.
Property management that works hard, so you don’t have to.
Rated By Gartner
Your long-term rentals, under control.
All of the control, none of the chaos.
Find better tenants, fast
Select your level of involvement. You can host your own showings or let us do it for you.
Automate your rentals
All of the control, none of the chaos.
Get 24/7 repair and management services
Take all tenant communications off your plate. Get full transparency into how you want your properties managed.
Manage your rentals, on your terms
Place qualified tenants quickly and effortlessly
Find a qualified tenant in under 19 days through 15+ listing sites, in-depth tenant screening, and guided tours.
Automate rent collection and accounting
Rent goes directly into your bank account, including the late fees. Sync your bank account for real-time performance on your rental property.
Manage the lease effortlessly from signing to renewals.
In app leases, messaging with tenants (SMS and email), and streamlined e-signing—with a tenant coordinator available if you need one.
Access fast, reliable repair coordination, day or night.
Repairs handled smoothly with 24/7 coordination for tenant requests and emergencies
Secure your property with essential add-ons for peace of mind.
Protection against evictions with mediators and process servers, with 93% of cases avoiding the courtroom.
Answers to your Questions
How much does a property management company cost?
The average property management fee for rental properties range from 8% to 12% of the monthly rental income. For instance, if your rental property’s monthly rent is $2,000, the management fee would typically range from $160 to $240 per month. With a property management software, like Hemlane, you can manage your rentals for as little as $40/month.
Do property management companies take a percentage?
Many property management firms typically charge a monthly fee ranging from 8% to 12% of the rent they collect. Some may charge less or more, but the average hovers around 10%.
What duties are property management companies responsible for?
A property management company is responsible for overseeing various aspects of rental properties on behalf of property owners. Their responsibilities generally include: marketing and advertising, screening potential tenants, drafting and renewing leases, tenant move-in and routine property inspections, tenant communication, rent collection, maintenance and repairs, and financial management. With Hemlane, you get 90% of what a property manager does at a fraction of the price. From advertising, maintenance coordination, rent processing, and eviction support.
What is property management software?
A property management software are applications designed to assist landlords and property managers in automating their back-office tasks, financial operations and administrative procedures. This includes monitoring maintenance requests, document storage, providing an online tenant portal, processing rent payments, and more.
What are the benefits of property management software?
The main benefits of a property management softwares are to reduce costs and promote growth by automating the day-to-day administrative tasks. Here are some ways this is done: providing an easy way to monitor maintenance, streamlining accounting and payments, and automating tenant communication.
How does rental property management software simplify financial tracking for landlords?
Rental property management software simplifies financial tracking for landlords by automating many tasks. It can automatically import bank transactions, saving time and ensuring accurate records. It allows landlords to track and categorize expenses, such as maintenance costs and utility bills, and to monitor rental income and late fees. The online rental property management software generates detailed financial reports, including income statements and cash flow statements, providing insights into rental property performance and aiding in future planning. Additionally, it streamlines tax preparation by generating necessary reports, reducing errors, and ensuring compliance. Overall, rental property management software helps landlords manage finances more effectively and efficiently.
What features should I look for in the best online property management software?
When looking for the best online property management software, essential features to consider include automated financial tracking, tenant management tools, maintenance request handling, and online rent collection. Comprehensive reporting capabilities, such as income statements and expense tracking, are also crucial. Additionally, look for an online property management software that offers a user-friendly interface and strong customer support. Some platforms even provide free property management software options, which can be a great starting point for landlords seeking cost-effective solutions.