Baselane is a next-generation banking & financial platform built for independent landlords and real estate investors of all sizes and strategies. We replace all the fragmented financial systems that you use today to manage your banking, bookkeeping, analytics, rent collection, and more — and improve them by offering an integrated and automated solution built from the ground up for landlords.
With Baselane, you can finally manage your rental property finances all under one roof. Baselane will help you save time and money while also providing you with insights to help you make better data-driven decisions to increase your rental property returns.
At Baselane, our focus revolves around three core features: our banking product, rent collection service, and integrated bookkeeping solution. When you create a Baselane profile, you have the flexibility to tailor your experience by selecting the products that best suit your needs. Below, we outline some key features offered by our products.
Baselane Banking:
- Maximize your earning - Open high yield interest Savings accounts to grow your savings (up to 3.77% APY - 60X the national average), and unlimited 1% cash back (5% on home improvement spending). See here for more details on the APY and how it is calculated
- Streamline your finances - Create unlimited additional Checking accounts and virtual cards, for each property or unit and create separate accounts for security deposits
- Take control of your spend - Physical & virtual debit cards with custom spend controls and automated transaction tagging by Schedule E
- Simplify payments - Free ACH and wires. Have Baselane send checks on your behalf.
- Automate Rent & Accounting - Baselane Banking is seamlessly integrated with Baselane’s rent collection, accounting, and reporting tools to manage everything in one place.
- No monthly fees or minimum deposits
Book Keeping:
- Cash management services, including one-click bookkeeping and insights around your revenue and expense
- Automated property performance metrics to help you make the best investment decisions and increase your returns
- Generate and analyze financial reports including Net Operating Income, Net Cash Flow and many more custom reports
- Say goodbye to spreadsheets with one simple, consolidated ledger for all your transactions
- Automated property performance metrics to help you make the best investment decisions and increase your returns
Rent Collection:
- Automated and fast rent collection hub for your tenant to pay rent via debit/credit card and ACH on QuickPay (Beta) to receive your payments in as little as two business days. See here, for more details on how QuickPay (Beta) works
- Get paid on time and apply late fees. We send automated payment reminders to your tenants so you don’t have to
- Modern platform for tenants to pay rent on any device. Tenants can pay by ACH bank transfer or debit/credit card, and can easily enroll in auto-pay
- Simple to set up for landlords and tenants. Getting started takes less than 5 minutes
We are adding new features and improving our product so that it offers a robust financial home for you as a landlord, as well as a seamless experience for your tenants.
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