TenantCloud vs. Hemlane: Which App is Better for Landlords?

TenantCloud 14-day free trial

Hemlane 14-day free trial

TenantCloud TenantCloud: We offer a simple application process that allows users to receive applications in their dashboard from a variety of listing sources. We also partnered with TransUnion and Asurint to offer robust screening solutions starting at $30 with 10 package options to choose from. You can receive the same ResidentScore through TransUnion, as well as in-depth income requirements with Income Insights. Our Tenant Screening background checks are 99.9% accurate. Plus, landlords can request a screening report even without an application with just the click of a button.

Hemlane Hemlane: Provides tenant screening powered by TransUnion. Reports cost $40 for a background and credit check and are paid by the tenant. Reports include a background check, credit report, criminal screening, and eviction screening. Criminal and evictions records provided by TransUnion are currently only available for 24 states.

TenantCloud TenantCloud: Landlords with any plan can advertise on Rentler, Realtor, and Apartments.com with one click at no additional cost. For an additional $30, you can promote rentals on over 20+ popular sites, including Tenant Turner, Rent.com, RealtyStore.com, Redfin, Rentals.com, Oodle, Apartment Guide, RentalSource, Rentalads.com, and Zumper. On average, landlords who list on TenantCloud receive 4 applications per listing.

Hemlane Hemlane: All plans can advertise on six available marketing websites for free. For an additional $80 a month, landlords can use Hemlane’s listing syndication to advertise listings on an additional 15 popular listing websites.

TenantCloud TenantCloud: Offers online payments via debit, credit, ACH, and cash. Users can set up autopay in daily, weekly, and bi-weekly increments. ACH Transaction fees vary by subscription plan, starting at $1.50. Tenants enrolled in Rent Reporting through TenantCloud can also have their ACH transaction fees waived as long as they’re enrolled. Card processing fees for credit/debit are currently 3.5% + $0.30. There are no hidden fees for connecting your bank. Landlords enjoy being able to add multiple bank accounts and virtually legal entities and set up automatic transactions to specific accounts. Need to refund a payment such as a security deposit? TenantCloud makes it easy. Tenants can also make payments directly through a separate tenant app.

Hemlane Hemlane: Landlords can accept rent payments via ACH, credit, or debit card—additional fees apply. One main drawback is that online payments are only available on paid plans. Credit/debit payments include a 3% processing fee, while ACH payments are free on all plans.

TenantCloud TenantCloud: TenantCloud provides a comprehensive suite of landlord documents, starting with the Growth plan. These include financial reports, state-specific forms, tax-related forms, addendums, security deposit receipts, and property management agreements. Users have the ability to create documents right in their dashboard or download PDFs, ensuring you can have everything signed with eSignature.

Hemlane Hemlane: With Hemlane’s Complete plan, users can create lease agreements through third-party services at no additional cost. The E-Sign feature is available for "Approved Applicants" across all paid plans, but not on the free plan. E-Sign currently supports only new leases, not extensions or amendments. Free notices and templates are available, but leases cannot be downloaded or printed.

TenantCloud TenantCloud: TenantCloud provides a range of financial tools, including income and expense tracking, bank reconciliation, and QuickBooks integration. Users with Growth plans and higher can easily generate dozens of reports, including 1099-NEC and 1099-MISC forms, directly from the dashboard for tax season. The Tax Preparation Report aligns with IRS Schedule E categories and offers clear insights into your financial data, available in both Excel and PDF formats.

Hemlane Hemlane: Hemlane currently provides only three reports across all plans: Cash Flow, Income Statement, and Lease Ledger. A 1099-K form is sent only to users who receive deposits totaling $5,000 or more through Hemlane. Users can connect and sync their bank accounts (available only on paid plans), import transactions from QuickBooks, and track expenses. However, most features rely on third-party services, and users need to download or sign up for additional tools to access them.

TenantCloud TenantCloud: Provides comprehensive maintenance management across all subscription tiers, allowing landlords to track repair requests, coordinate with service professionals, and manage invoices. Pro and Business plans also feature a maintenance board for enhanced task organization. Plus, with a built-in Move-in/Move-out inspection tool, landlords and tenants can submit direct maintenance requests if they find a need for one during their walkthrough. Users can also receive invoices and pay service providers.

Hemlane Hemlane: Users can automate and track repair requests on paid plans, while communication with service professionals is available on Essential and Complete plans. Move-in/Move-out inspections are offered as add-ons through third-party inspectors, with pricing starting at $300.