DoorLoop
Wave
| Feature | DoorLoop | Wave |
|---|---|---|
| Pricing | From $59/mo | Free / from $16/mo |
| Free Plan | ✗ No | ✓ Yes |
| Rating | 4.5 / 5 | 4.2 / 5 |
| Best For | small-landlords, property-managers, real-estate-beginners, residential-managers | freelancers, solopreneurs, micro-businesses, side-hustlers |
| Founded | 2019 | 2010 |
| Rent Collection | ✓ | ✗ |
| Tenant Screening | ✓ | ✗ |
| Maintenance Requests | ✓ | ✗ |
| Owner Portal | ✓ | ✗ |
| Accounting | ✓ | ✓ |
| E Signatures | ✓ | ✗ |
| Invoicing | ✗ | ✓ |
| Receipt Scanning | ✗ | ✓ |
| Bank Connections | ✗ | ✓ |
| Financial Reports | ✗ | ✓ |
| Payroll Addon | ✗ | ✓ |
| Payments Addon | ✗ | ✓ |
✓ DoorLoop Pros
- Very intuitive modern interface
- Quick setup and onboarding
- Automated rent reminders
- Excellent customer support
✗ DoorLoop Cons
- Fewer advanced features than legacy tools
- No free plan
- Limited accounting depth
✓ Wave Pros
- Core accounting and invoicing completely free
- Unlimited income and expense tracking
- Receipt scanning with OCR included
- Simple enough for non-accountants
✗ Wave Cons
- Payroll and payments are paid add-ons
- No inventory or project tracking
- Limited integrations compared to competitors
The Verdict
DoorLoop is built for small landlords and property managers, with a focus on rent-collection and tenant-screening. Wave targets freelancers and solopreneurs and leads with accounting and invoicing.
On pricing, Wave is the clear winner for budget-conscious users — starting at $16/mo compared to $59/mo for DoorLoop. That $43/mo difference adds up quickly for growing teams.
Wave has a free plan, which gives it a meaningful edge for individuals and small teams exploring their options. DoorLoop requires a paid subscription from day one.
Feature-wise, Wave offers broader built-in capabilities (7 features vs 6), while DoorLoop takes a more focused approach — which can mean a simpler, faster onboarding experience.
Bottom line: DoorLoop has a slight overall edge — but if core accounting and invoicing completely free matters most to you, Wave may still be the right call.