Hemlane Overview
Hemlane is a next-generation property management platform designed to streamline and automate the day-to-day tasks associated with managing rental properties. This user-friendly software is available for property owners across all 50 states, offering a comprehensive suite of tools to simplify the process of renting, managing, and maintaining properties.
Key Features
Rental Advertising and Tenant Acquisition
- Hemlane allows you to advertise your rental properties on over 30 listing websites, including major platforms, to maximize visibility and attract qualified tenants. The platform also features AI-powered listing descriptions to enhance property visibility.
Tenant Screening and Lease Management
- The software includes a robust tenant screening process, which involves comprehensive credit, criminal, income, and eviction reports. This helps landlords make informed decisions when selecting tenants. Hemlane also manages the entire lease lifecycle, including automated lease renewals and e-signing capabilities.
Financial Management and Reporting
- Hemlane offers a financial management system that automates rent collection, tracks income and expenses, and connects directly to your bank account for real-time performance monitoring. The platform also generates financial reports and allows you to upload documents and receipts for any transactions.
Maintenance and Repair Management
- The platform includes a maintenance and repair tracking feature that allows tenants to report issues and assigns these requests to vendors or on-site handymen. The Essential and Complete tiers offer additional features such as 24/7 emergency support, repair coordination, and access to a list of local service providers.
Communication and Documentation
- Hemlane centralizes all tenant communications through SMS and email messaging, ensuring transparency and efficiency. It also stores and protects critical property and renter documents in a secure cloud-based location, including unlimited storage for photos, which is particularly useful for move-in and move-out inspections.
Customizable Involvement
- Landlords can choose their level of involvement, from self-managing properties using Hemlane’s automated features to leveraging local real estate agents for showings, tenant placements, and on-the-ground support.
Pricing and Plans
- Hemlane offers several pricing plans, including a newly introduced free version, as well as the Basic ($30/month), Essential ($40/month), and Complete ($60/month) tiers. Each plan provides varying levels of features, with the more expensive tiers offering additional functionalities such as state-specific lease templates, repair coordination, and access to local listing agents.
Additional Benefits
- Hemlane provides protection against evictions with mediators and process servers, helping to avoid courtroom proceedings in 93% of cases.
- The platform ensures that 100% of the funds, including late fees, go directly to the landlord without any surprise deductions.
- It also claims to save landlords up to 70% of their time by automating administrative tasks and alerting them only for required actions.
Overall, Hemlane is an ideal tool for landlords and real estate investors looking to streamline their property management tasks, whether they manage a single property or a portfolio of up to 100 properties. Its mobile-friendly interface and automated features make it a versatile and efficient solution for modern property management.