Hemlane
Why would you use a paid rental property marketing service when there are free options for posting your rental vacancies? There are several reasons, and one of them is the convenience and time-saving benefits offered by services like Hemlane.
Hemlane provides the advantage of advertising your rental vacancies on multiple websites simultaneously with just a single click. This saves you precious time and effort. Additionally, Hemlane tracks and analyzes which websites generate the most interest from prospective renters for your listings. It goes beyond mere advertising and even generates a professional website dedicated to hosting your rental ads. This website is automatically updated with any changes you make to your rental property details.
By providing comprehensive and detailed listings, Hemlane reduces the number of questions you receive prior to showings. It streamlines the process by offering prospective renters a showing calendar, thereby saving you time and ensuring your schedule remains organized.
Hemlane takes care of pre-screening tenants and also allows you to enlist the assistance of local licensed real estate agents to showcase your properties. Interested parties can fill out a free application, and Hemlane conducts thorough screenings by providing comprehensive credit reports, background checks, and cross-referencing national eviction databases, sex offender registries, and criminal records databases. Based on the results, Hemlane even provides recommendations on whether to accept potential tenants.
Furthermore, Hemlane offers a range of services beyond promoting your rental vacancies, making it a valuable investment. The platform sends reminders for lease renewals, maintains a record of all resident communications, facilitates rent payments through credit or debit cards or Automated Clearing House (ACH), and supports recurring payments. It allows tenants to split rent, automates late fee notifications, and even tracks your income and expenses while providing a system to upload and organize receipts and other relevant documents. Maintenance requests are also handled efficiently through the platform.
Pros:
- Clear and transparent pricing, no nickel and diming
- Access to nationwide local leasing agent partner network
- 24/7 repair coordination
Cons:
- Not designed for landlords seeking full-service property management
- Not suitable for short-term/vacation rentals
- Not meant for portfolios over 100 units
Website: https://www.hemlane.com/