Baselane
Baselane is an all-in-one financial management platform designed specifically for real estate investors and landlords.
Our verdict
Who it's for
Automated banking, bookkeeping, and rent collection for real estate investors.
Who should look elsewhere
Rental property loans are not available in all 50 states (e.g., North and South Dakota)
Pros
- +Saves significant time (up to 150 hours/year) through automation
- +No hidden fees, monthly fees, or minimum balance requirements for banking
- +Provides clear financial insights and reporting for better decision-making
- +Integrated platform for multiple landlord needs (banking, rent, bookkeeping, screening)
- +Offers a marketplace for additional services like loans and insurance
Cons
- −Rental property loans are not available in all 50 states (e.g., North and South Dakota)
- −Specific details on advanced features like spend limits and payment automation might require a demo to fully understand
- −The marketplace relies on third-party partners, so quality of those services may vary
Key features
- ✓Unlimited banking accounts per property with high APY
- ✓Automated rent collection with reminders and late fees
- ✓AI-powered transaction auto-categorization and receipt matching
- ✓Comprehensive tenant screening (credit, criminal, eviction, income)
- ✓Auto-generation of real estate-specific financial reports (Income statements, Schedule E)
Pricing
| Plan | Price | Billing | Notes |
|---|---|---|---|
| Core | $0 | month | Unlimited checking & savings accounts; Up to APY on savings; Physical & virtual debit cards with spend controls |
| Smart | $20 | month | All Core features; Advanced auto-tag rules; AI auto-transaction tagging to properties & Schedule E categories |