Score Comparison
Pricing & Features
Making Your Decision
When to Choose Baselane
Real estate investors who primarily need banking, bookkeeping, and financial management integrated with rent collection
Baselane occupies a unique niche as a banking-first platform for landlords. If your biggest pain point is financial management, account separation, and tax prep, Baselane is unmatched. But it is not a standalone PM solution — you will likely need to pair it with another tool for screening, listings, and maintenance.
Strengths
- Only PM tool with integrated banking — FDIC-insured accounts, debit cards, and up to 2.63% APY on deposits
- Property-level sub-accounts for clean financial separation of security deposits and operating funds
- AI-powered transaction tagging and receipt matching with automated Schedule E tax reports
- Free Core plan includes unlimited checking/savings accounts, rent collection, and expense tracking
Limitations
- Not a full PM platform — no tenant screening, maintenance tracking, or listing syndication
- No native mobile app as of early 2026 — browser-only access
- Learning curve for the banking and financial features; some difficulty reaching support
When to Choose Hemlane
Remote or out-of-state landlords who want software-plus-services without hiring a full-service property manager
Hemlane's hybrid model is genuinely unique — it fills the gap between DIY software and full-service management with optional human support for repairs, showings, and tenant communication. The free tier is a strong entry point, but per-unit costs on higher tiers are steep for larger portfolios.
Strengths
- Unique hybrid management model — combines DIY software with optional local agents and 24/7 repair coordinators
- Free-forever Starter tier with rent collection, applicant tracking, and basic screening
- Complete plan includes a dedicated property management assistant for tenant communications
- 100% of rent reaches owners with no hidden deductions on any plan
Limitations
- Per-unit pricing on paid tiers ($2-$58/unit + base fee) gets expensive for larger portfolios
- Smaller user base than competitors means fewer community resources and integrations
- Accounting features are basic compared to dedicated platforms like Buildium or Rentec Direct
