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About

Managing rent payments from individual tenants and HMO’s has never been this easy. You’ll get notifications for incoming and missing payments and rent transactions will be automatically linked to the relevant tenants and properties. Hammock helps you reconcile transactions on the go. Itemised statements per property are populated automatically, for you to check or to share with your accountant. Hammock translates information from individual transactions into real-time, actionable insights so you can monitor and optimise the performance of your portfolio. The Hammock dashboard gives you real-time access to the key performance indicators of your portfolio. Your Profit and Loss statement, Loan To Value ratio and Arrears Balance per individual tenant are just one click away. With Hammock it’s easy to spot any approaching deadlines, unexpected expenses or issues with occupancy for each of your properties. So you always know which property requires your attention.

About

For stress-free rental property management, turn to RentPost! Simple and user-friendly, RentPost helps property managers and landlords manage various rental property related tasks such as rent collection, work orders, contact management, accounting, tenant management, and unit management. This cloud-based property management software also provides information regarding payment status and pending cases that require action from the owner’s end as well as incorporates a news feed that allows property managers and their staff to see business updates in a real-time.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Property managers interested in a technology platform solution for their account and data analysis needs

Audience

Supports different types of managers, from landlords with a dozen single-family homes to property owners with thousands of apartments.

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$6.91 per month
Free Version
Free Trial

Pricing

$29.00/month
Offers 30-day free trial. Pricing starts at $29 to $249 a month, based on the number of units.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.5 / 5
design 4.3 / 5
support 4.5 / 5

Pros & Cons from Real Users

Pros

  • 1. After years of managing properties, having leasing, applications, tenant records, payments, maintenance and accounting under one PMS saves a ridiculous amount of back and forth. 2. RentPost handles the financial side properly with ledgers, receivables, payables, owner balances and reporting. 3. Tenant and owner portals take care of a lot of routine questions without everything landing in my inbox. 4. Online applications and tenant screening make the leasing side much easier to keep organized.
  • I don't have to deal with concessions often, which is probably why they always used to throw me off. There's usually a perfectly reasonable explanation for the adjustment, but then I'm left trying to make sure the tenant's balance reflects it correctly and the accounting still makes sense afterward. RentPost gives me a way to record credits and concessions against the account rather than making some mysterious spreadsheet adjustment and hoping future me understands what past me was doing. I can see the charge and the adjustment together, which has been particularly helpful when I'm reviewing an account months later.
  • 1. The support team was helpful during setup and didn't make me feel like I was bothering them with basic questions. 2. They understood the property management side of things instead of just pointing me toward generic documentation. 3. Getting started felt much less stressful because I knew someone could help if I got stuck.
  • The expense tracking tools are straightforward and let me attach receipts right where they belong, which saves so much time. Work order and maintenance management keeps every tenant request linked to the right property and automatically updates the status as things get done, so nothing falls through the cracks. Everything is connected, and I can see the full picture of expenses and tasks in a single view.
  • 1. Double-entry ledger and chart of accounts are set up out of the box, so I don’t have to spend hours setting up categories. 2. Reconciling accounts and tracking income/expenses for multiple properties is way simpler now. 3. Generating financial statements for owners is painless, which keeps everyone happy.

Cons

  • New users may need some time to understand the accounting and workflow setup like I did.
  • It took me a little time to understand how I wanted to handle different types of credits so that we were being consistent.
  • I would like to see more detailed guides for some of the less commonly used features. Sometimes I still prefer figuring things out on my own first.
  • A few maintenance workflows could use more customization to fit unique properties, and while the mobile version is handy, I still prefer the desktop version for larger batches of tasks.
  • The learning curve was a little steep at first if you’re not used to accounting jargon.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Hammock
Founded: 2019
United Kingdom
www.usehammock.com

Company Information

RentPost
Founded: 2009
United States
www.rentpost.com

Alternatives

Alternatives

Console Pay

Console Pay

Console
OnSite Property Manager

OnSite Property Manager

Ideal Applications

Categories

Categories

Real Estate Property Management Features

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

Rental Property Management Features

Credit Check
Expense Management
Online Payments
Owner Portal
Tax Management
Tenant Management
Tenant Portal
Tenant Screening
Vacancy Tracking
Website Management

Integrations

Google Contacts

Integrations

Google Contacts
Claim Hammock and update features and information
Claim Hammock and update features and information
Claim RentPost and update features and information
Claim RentPost and update features and information