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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Rents are seamlessly recorded in the General Ledger with a single click, while payments can be easily input by selecting either the tenant's name or unit. The system provides real-time updates on the percentage of collections for the month to date with each transaction. Court documentation for overdue rents can also be generated with just one click. A comprehensive summary of all outstanding balances can be accessed with one click, and individual statements can be retrieved with just two clicks. The management of multiple property owners is streamlined with dedicated commission statements for each. Additionally, it effectively tracks former tenants with pending judgments. The program distinguishes between taxable and non-taxable income and expenses, as well as differentiating the Section 8 tenant's contribution from the total rent. It also monitors previous tenants’ garnishment payments and court satisfaction statuses. Furthermore, the system conserves paper by allowing reports to be viewed on-screen before printing hard copies. This efficiency not only simplifies the management process but also enhances the overall accuracy of financial records.

Description

Handling rent payments for both individual tenants and HMOs has reached a new level of simplicity. You will receive alerts for incoming and overdue payments, with rent transactions seamlessly connected to the respective tenants and properties. Hammock enables you to effortlessly reconcile your financial transactions anytime, anywhere. Detailed statements for each property are generated automatically, allowing for quick reviews or easy sharing with your accountant. Hammock converts data from individual transactions into immediate, actionable insights, enabling you to track and enhance the performance of your investment portfolio. With the Hammock dashboard, you can access real-time key performance indicators of your entire portfolio at a glance. Your Profit and Loss statement, Loan To Value ratio, and Arrears Balance for each tenant are readily available with just a click. Hammock also makes it simple to identify any upcoming deadlines, unexpected costs, or occupancy challenges associated with your properties. This ensures that you are always informed about which property needs your focus, helping you to manage your investments more effectively. In this way, you can stay proactive and make informed decisions regarding your real estate management.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial Yes 
Free Version Yes 

Pricing Details

$6.91 per month
Free Trial Yes 
Free Version No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Vendor Details

Company Name

FreeSoftware4Landlords

Founded

2006

Country

United States

Website

freesoftware4landlords.com

Vendor Details

Company Name

Hammock

Founded

2019

Country

United Kingdom

Website

www.usehammock.com

Product Features

Real Estate Property Management

Billing & Invoicing Yes 
Commercial Properties No 
Contact Management No 
Credit Check No 
Expense Management Yes 
Insurance Management No 
Landlord Database No 
Late Fee Calculation Yes 
Lease Management No 
Maintenance Management Yes 
Owner Portal No 
Payment Processing No 
Portfolio Management No 
Rent Tracking Yes 
Residential Properties Yes 
Tax Management Yes 
Tenant Database Yes 
Tenant Portal No 
Vacancy Tracking Yes 
Website Management No 

Product Features

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