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"I want to know what's going on, but I don't want to be on call 24/7. This works perfectly!"
Sonia, 5 rentals
Services start at $40/month
Full transparency and control with your financials and rental income
Let us automate your workflow and operations
Local support while you monitor your property management from anywhere
At 25, I purchased my first home. I realized the value right away and started encouraging people I met to purchase as soon as they could. Many people don't know that there are simple steps to homeownership. I made it my life's mission to teach as many people as I could how to buy a home. I pride myself on knowing the best-kept secrets in the busine... See more
Accomplished real estate broker and mortgage broker with over two decades of experience at Century 21. Expertise spans residential sales, multi-family sales, business opportunities, and property management. A proven track record of delivering exceptional results and maintaining long-term client relationships. Highlights: Diverse Expertise: Profic... See more
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.
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%.
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.
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.
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.