Earn up to 3.35% APY2.  No account fees. No minimum balances.

  • Updated: 31 Oct 2024
  • 3 Min Read

TenantCloud vs. Avail: Best Rental Management Software?

Tenantcloud vs Avail

TenantCloud and Avail are two popular property management software tools that help streamline the rental process and tenant experience. But which one is right for you?

Let’s compare Avail vs. Tenant Cloud based on their features, pricing, and benefits. We’ll also introduce Baselane as an alternative all-in-one property management software solution for bookkeeping and accounting tasks, banking, online rent collection, and more.

Key Takeaways

  • Avail is best suited to landlords seeking syndicated rental listings, tenant screening reports, and online rent payments.
  • TenantCloud is ideal for landlords and property managers overseeing multiple properties, offering robust task management for maintenance requests, rent collection, and lease signing.
  • Baselane is an all-in-one banking and finance platform with integrated online rent payments, rental property accounting and more.

TenantCloud Overview

TenantCloud is a property management software application built for landlords managing multiple properties. This tool excels at task management for maintenance issues, rent payments from tenants, lease signing, and a range of other features for landlords and property managers.

TenantCloud Key Features

  • Online rent collection tool
  • Tenant chat and task management
  • Automatic invoicing and late fees
  • Screen tenants
  • Property listings and online applications
  • Accounting capabilities
  • Maintenance and repair tracking

TenantCloud Pricing

TenantCloud pricing plan comparison showing four options: Starter ($15.60/month), Growth ($29.30/month), Pro ($50.40/month, most popular), and Business (custom pricing). Features include rent payments, tax reports, and application customization.

TenantCloud Pros and Cons

Pros

  • TenantCloud is best suited for landlords with larger portfolios.
  • List properties on multiple sites, chat with tenants, and stay on top of maintenance tracking all on one platform.
  • TenantCloud allows landlords to charge late fees for missed payments.

Cons

  • If you have less than 20 units, TenantCloud might be costly.
  • Other solutions might work better than TenantCloud if you need in-depth financial details.

Avail Overview

Avail property management software has comprehensive features to market rental properties, draft lease agreements, manage tenant communications, and accept online rent payments. The free subscription plan is a solid pick for new landlords, or you can pay $7 per property for the premium version.

Avail Key Features

  • Syndicated rental property listings
  • Avail tenant screening
  • Rent tracking and online payments
  • Rental property accounting
  • Online tenant portal
  • Maintenance management
  • Lease builder

Avail Pricing

Avail subscription plans comparison for property management services. The "Unlimited" plan is $0/unit with features like syndicated listings and tenant portal. The "Unlimited Plus" plan is $9/unit/month, offering additional features like waived ACH fees and customizable leases.

Avail Pros and Cons

Pros

  • Post rentals on multiple listing sites.
  • Offers a no-cost option with basic features.
  • Auto-generated payment receipts.

Cons

  • The reporting feature needs improvement.
  • Limited to lease documents, with no space for other files.

Baselane vs. Avail and TenantCloud

Baselane is an all-in-one property management solution. Like Tenant Cloud and Avail, Baselane offers a range of features to help simplify tasks for landlords and renters. However, Baselane stands out from Avail and Tenant Cloud thanks to its modern and intuitive interface that integrates rental property financial management features like landlord banking, online rent collection, automated bookkeeping and more.

Landlord Banking:

  • No monthly fees or minimum balance requirements.
  • Unlimited checking accounts and savings accounts per property to organize income, operating expenses, security deposits, projects, and more.
  • Earn up to 3.35% APY2 and unlimited 1% cash back3 on debit card purchases.
  • Physical and virtual debit cards with spend controls and Schedule E auto-tagging.
  • One-time and recurring payments and transfers.
  • No-fee cash deposits and withdrawals at over 55,000 Allpoint ATMs.
  • Mobile check deposits and on-demand checkbooks.

Online Rent Collection & Tenant Management:

  • Free online rent collection for landlords via ACH and card.
  • Automated rent payments, reminders, and late fees.
  • Real-time payment notifications and payment tracking.
  • Dedicated Baselane tenant portal with auto-pay option.
  • Tenant screening reports.
  • Digital lease documents and e-sign.
  • Maintenance and repair request management.

Accounting and Bookkeeping:

  • Automated income and expense tracking.
  • Consolidated ledger for Baselane banking and external account transactions.
  • Capture receipts and add notes.
  • 1-click categorization with 120+ real estate-specific categories based on Schedule E.
  • On-demand financial reports and downloadable tax package.

Financial Reporting Capabilities:

  • Real-Time Insights: Easily search and filter insights for real-time visibility into property performance.
  • Track Cash Flow: View consolidated transactions in one place for cash flow reporting and analysis.
  • Generate P&L Statements: Generate detailed Profit and Loss statements for each property.
  • Maximize Returns: Identify cost savings and optimize financial management to enhance returns on investment.

Additional Features of Baselane

Case Study: Managing Security Deposits With Baselane Banking

Challenge: John is a landlord managing 10 properties across three states. He struggled with tracking security deposit payments from tenants and lacked banking tailored for landlords.

Solution: John switched to Baselane banking, immediately benefiting from:

  • Dedicated Accounts: Each property has a dedicated account to collect, hold, and track security deposits, preventing mix-ups and ensuring organized returns.
  • Banking for Landlords: John can earn high interest on deposits, accept monthly rent online, collect cash back, and automatically track income and expenses.

Outcome: John saved 5 hours every month and minimized accounting and security deposit errors.

John’s Words:

“Baselane transformed my rental business, blending property management tools with rental-specific banking. It’s a game-changer for landlords like me.”

Final Thoughts

Comparing Tenant Cloud vs. Avail highlights the benefits of property management tools. They can simplify day-to-day tasks for landlords and property managers, saving time and money on real estate investing. Unlike Tenant Cloud and Avail, which charge fees, Baselane offers premium features for $0 per month.

Watch our demo to see how Baselane can help you manage your rental property finances, banking, accounting, and more.

Saad started his career as a Certified Public Accountant (CPA) working for a top-tier accounting firm. He was responsible for helping audit alternative investment funds. He later worked at a hedge fund where he was responsible for preparing financial statements and implementing new technology. He also ran a successful private tax practice for five years. After completing his MBA at Duke, Saad joined The Boston Consulting Group to do management consulting. At BCG his experience spanned several industries and growth projects across Pharma, Retail, and Technology companies. His passion for democratizing finances led him to Plaid, a fintech, where he worked with large Banks and Financial Institutions to make finances and money easier for all.
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Baselane is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. The Baselane Visa Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.

1Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions regarding the sweep program. Pass-through insurance coverage is subject to conditions.

2The Annual Percentage Yield (APY) on your Savings Account is accurate as of 18/09/24. Total balances across Checking Accounts and Savings Accounts are used to calculate APY tier, but only money in Savings Accounts is eligible for interest. Total balances less than $10,000 earn 1.75% APY for Savings Accounts. Total balances between $10,000 and $24,999 earn 2.64% APY for Savings Accounts. Total Balances between $25,000 and $49,999 earn 3.06% APY for Savings Accounts. Total balances of $50,000 or more earn 3.35% APY for Savings Account. Rates are variable and are subject to change after account opening.

3Terms and conditions apply to the cash back rewards program. 1% cash back is credited instantly following purchase with no maximum spend. No minimum spend applies. ATM transactions, the purchase of money orders or cash equivalents, and account funding made with your debit card are not eligible for cash back. Please refer to the Rewards Terms and Conditions for more details.

4Some states require an interest-bearing escrow account for security deposits while some don’t require interest. User is responsible to check state laws along with rules for collecting and reimbursing a refundable security deposit. A brief overview of security deposit laws for escrow accounts in all 50 states can be found here.

*All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.