Hemlane vs. TurboTenant: The Platform That Saves You Time and Money!

A common question our clients first asked us is "What's the difference between Hemlane and all the other property management software?" To help property managers, like you, we are dedicating these posts to help you make an informed decision when selecting your property management platform.

In this article, we will cover 3 key differences between Hemlane and TurboTenant and give you an overview the features each platform has to offer. While there are many similarities between the two, we also see some glaring differences in the marketing process, rent collection, and how each platform offers maintenance and repair tracking for your rental properties.

Hemlane and TurboTenant: How Do They Compare?

Find the Best Tenant for Your Rental Property

Starting marketing your property with the right foot forward! Each platform provides you with access to marketing on countless listing websites. But what gives Hemlane the edge?

Hemlane can list your property on websites that your soon-to-be tenants are already looking on! Through our premium listings, you can increase the chances of finding the best tenant from a larger pool of applicants by advertising on the channels potential applicants would first turn to. These are listing websites that TurboTenant currently does not list on. By posting your listings to Zillow, Redfin, and our other premium listing partner's websites, you can find 5x the number of leads for your rental property.

With all the incoming leads flooding your inbox from Hemlane, it can be hard to make a decision. This is why we have tools in place to help you find the best tenants for your rental property.

Hemlane provides you with a detailed application, a comprehensive TransUnion tenant screening report, and recommendation with each completed application. Use these pieces of information to select the tenant that fits your requirements you've set your rental.

When you request a screening from your applicants, you will be getting a comprehensive report from TransUnion that provides a credit and background check from these applicants. Each screening report is to be completed and paid for by the applicants for only $40. When compared to TurboTenant, their screening fee is set at $45 for a similar report.

Save your tenant's some money and get your property leased sooner by advertising your property on Hemlane!

Sit Back and Watch the Money Come In

We’ll all agree that receiving rent payments on time is crucial for your rental business, this is why both platforms offer rent collection as a feature. But what sets the two apart?

Hemlane users have access to free and faster ACH (bank-to-bank) payments when compared to other platforms. Once your tenant submits their payment online, you can expect to receive the funds within 2-3 business days.

But that is just the tip of the iceberg, Hemlane takes payments one step further as we automate the entire process of rent payments. Through recurring rent requests, automatically generated late fees, and automatic payments, you will be set up for success. With each tenant, minimize your work through recurring rent requests. Sit back every month as our system automatically requests rent from your tenants. Additionally, you can set up custom late fee automations to automatically request the amount if a tenant is late on a rent payment.

Hemlane allows you and your tenants to set up automatic payments. Easily select a date for payments to be withdrawn and let our automated system take care of the payment process to ensure your funds arrive in your account as soon as possible!

TurboTenant users are able to process ACH payments for free as well, however these transactions may take 5-7 business days from the initial payment which in some cases can cause you to be late on mortgage payments. Additionally, TubroTenant currently does not have the capability of setting up automatic payments for their users. Tenants will need to remember to submit payments each month

More Than Just Tracking Maintenance Requests

Hemlane and TurboTenant provide property managers with a platform where they can manage and track all incoming maintenance and repairs. But is that all you can do with these platforms?
The answer will surprise you as Hemlane does it again with their automations and repair coordination team!

When building your portfolio of rental properties, it can be hard to manage every maintenance and repairs that may arise at each rental location. The longer a repair is not actioned, the more money it can cost to fix it. To address this, Hemlane takes repair coordination off your plate as our 5-star repair coordinators action incoming requests 24/7 so you can focus on growing your business.

When a repair requires servicing, our coordinators will work with your service professionals or with our network of vetted service professionals to schedule appointments with your tenants. All messages and updates can be seen on our platform to ensure you are aware of the status of these repairs.

TurboTenant’s current platform only allows you to communicate and coordinate repairs between yourself and your tenants. They do not have a dedicated team of coordinators to assist with your rental.

Hemlane or TurboTenant - Which Platform Takes the Cake?

While Hemlane and TurboTenant have some similarities, there is a clear winner in our eyes!

If you are looking to free up your schedule from your rental properties, Hemlane is the platform for you. Hemlane automates the day-to-day administrative tasks, provides you with a 24/7 US based team of repair coordinators, and a network of carefully vetted service professionals, so you can focus on what really matters in life.

Try Hemlane for free and see how you can spend less time on your rentals and more time on yourself.