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Software Comparison

DoorVault vs REI Hub: Automatic Statements vs Manual Bookkeeping

REI Hub is real estate double entry accounting you keep yourself. DoorVault reads your property manager statements for you. Here is what each actually does and who each one is built for.

TL;DR

REI Hub is accountant grade double entry accounting built for real estate. It is strong if you self manage and want to keep the books yourself. DoorVault is for the owner whose property manager collects the rent. Knox reads each owner statement, creates the transactions, and reconciles the deposit automatically, across RentManager, Buildium, AppFolio, or any forwarded PDF. One keeps the books by hand. The other keeps them for you.

Feature Comparison
DoorVault vs REI Hub: Side by Side
FeatureDoorVaultREI Hub
Reads PM statements automaticallyYes. Knox reads any owner statement format and creates the line itemsManual. PDF upload, universal uploader needs exact unit name matching
Native PM integrationsYes. RentManager, Buildium, AppFolioLimited. AppFolio import in beta, others manual
Owner distribution deduplicationYes. Automatic, so a deposit is not double countedManual. Distributions handled by hand to avoid duplicates
Double entry accountingYes. Per property and per entity ledgersYes. Accountant grade double entry, its core strength
Bank reconciliationYes. Statement tied to the real depositYes. Reconcile your connected bank feed
AI document processingYes. Knox reads 72 plus document typesNo. Manual entry or bank feed
AI chat assistantYes. Knox Chat for portfolio questions and actionsNo
PM oversight toolsYes. PM Report Card, fee and anomaly detectionNo
Schedule E exportYes. Per property and per entity, all plansYes. Schedule E from your books
Multi entity and LLC trackingYes. Per entity profit and loss and Schedule EYes. Multi entity supported
Deal underwritingYes. IDEAL Scoring, BRRR pipeline, deal analyzerNo
Section 8 supportYes. HAP tracking, FMR limits, inspection datesNo
Free tierYes. 2 propertiesNo. Free trial, then paid
Target userInvestors whose property managers collect the rentSelf managing landlords who keep their own books
Pricing
What You Pay at Each Tier

DoorVault

Free$0 for 2 properties
Growth$29/mo for 10 properties
Scale$79/mo for 50 properties
Enterprise$149/mo, unlimited

REI Hub

TrialFree trial
PlansFlat monthly pricing by unit count
ModelSubscription, no per feature upsell

REI Hub pricing scales by the number of units you track. Check reihub.net for current tiers.

Who Should Use What
Honest Use Case Breakdown

Use REI Hub When...

  • You self manage and want to keep accountant grade double entry books yourself
  • You enter and categorize your own transactions and reconcile your own bank feed
  • You want a clean balance sheet and profit and loss your CPA will recognize

Use DoorVault When...

  • A property manager collects your rent and sends you owner statements
  • You want Knox to read each statement and reconcile the deposit without manual matching
  • You want PM oversight, deal underwriting, BRRR tracking, or Section 8 in one place
Pros and Cons
Honest Assessment of Both Tools

DoorVault

Pros

  • Knox reads any PM statement and creates the transactions for you
  • Native RentManager, Buildium, and AppFolio, with automatic distribution dedup
  • PM oversight, deal analysis, BRRR tracking, and Section 8
  • Multi entity management with per LLC Schedule E exports

Cons

  • No built in landlord bank account, you connect your own
  • Free plan limited to 2 properties
  • Built for the owner side, not for hands on self bookkeeping

REI Hub

Pros

  • Real double entry accounting built for real estate
  • Clean balance sheet, profit and loss, and Schedule E
  • Affordable flat pricing that scales by unit count

Cons

  • PM statements are a manual PDF upload with exact unit matching
  • AppFolio import is in beta, no native RentManager or Buildium sync
  • No document AI, deal underwriting, or PM oversight
FAQ
DoorVault vs REI Hub: Common Questions
DoorVault vs REI Hub: which should I use?
REI Hub is the better choice if you self manage your properties and want to keep accountant grade double entry books yourself, entering transactions and reconciling your own bank feed. DoorVault is the better choice if a property manager collects your rent and sends you owner statements, because Knox reads each statement automatically, creates the transactions, and reconciles the deposit without manual matching. REI Hub asks you to keep the books. DoorVault keeps them for you.
Does REI Hub import property manager statements automatically?
Not automatically for most formats. REI Hub provides a statement uploader, but it relies on manual PDF uploads, its universal uploader expects exact unit name matching, and owner distributions often need manual handling so they are not double counted. The AppFolio import is still in beta. DoorVault takes a different path. Knox reads any property manager statement format, native or forwarded, creates the line items, and reconciles the net deposit, so you do not match units by hand.
REI Hub vs DoorVault for accounting?
REI Hub is built around real estate double entry accounting, which is its strength. You get a balance sheet, a profit and loss statement, bank reconciliation, and Schedule E, with the rigor an accountant expects. DoorVault also produces per property and per entity Schedule E, but it gets the data there automatically by reading documents and statements rather than asking you to enter and categorize each transaction. If you want to keep the books by hand, REI Hub is strong. If you want the books kept for you, DoorVault is the fit.
Is DoorVault better than REI Hub for investors who use property managers?
For an owner whose property manager collects the rent, yes. REI Hub assumes you are entering and reconciling the activity yourself, and its PM statement path is a manual upload with exact unit matching. DoorVault is built for the owner side, with automatic statement reading across RentManager, Buildium, and AppFolio plus any forwarded PDF, automatic distribution deduplication, PM oversight tools, and Knox document intelligence across 72 plus document types.

Try DoorVault Free

2 properties, full Knox features, no credit card. Forward your first PM statement and watch Knox read it.

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