How does Baselane make money?

  • Updated

Baselane provides Real estate banking and bookkeeping that removes the mental overhead of managing finances for multi-property owners.


In this article, we will cover


Baselane Core vs. Smart Subscription

Feature

Baselane Core

Banking and bookkeeping essentials

Baselane Smart

AI automated real estate finances

Banking
Rent collection
Bookkeeping
Reporting & property tracking
Fast 2-day rent deposits
Shared access and role-based controls
Auto-tag transactions to properties and 120+ categories
Advanced tagging rules based on recipient, amount, or account
Auto-receipt matching and storage
Auto-transfers for low balances
Balance sheet reports
Custom income and expense categories
Cost segregation
VIP Support

All users can start with a 30-day trial of Baselane Smart. For full pricing details, please visit our Pricing page.


Banking Services fees

Baselane earns revenue from its banking services, similar to traditional financial institutions. We do not charge monthly fees or require minimum balances, but there are small fees for certain banking features.

This includes:

Banking Services: 

  • $15 per account for checkbooks

  • $2 per mailed check

  • $15 per outbound wire 

    • Outbound wire Fee is waived if your total Baselane banking balance is $50,000 or more at the time of the wire.


Online Rent Processing fees

Baselane earns revenue from rent payment processing, depending on how payments are made:

ACH payments

  • $2 ACH fee per invoice, if funds are deposited to an external (non-Baselane) bank account.

    • $2 fee waived if deposited into a Baselane banking account.

    • Landlords can choose to cover this fee or pass it to the tenant.

Debit and credit card payments

  • 3.49% processing fee charged to the tenant.

    • Baselane receives a portion of this fee.


Partner services

Baselane handpicked products and services to help you save money and scale your rental business, including:

  • Landlord insurance

  • Renters’ insurance

  • Lending solutions

  • Tax preparation

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