BEST BANKING TOOLS FOR REAL ESTATE BUSINESS Very useful tools for banking and running a real estate investment business. SETTING UP ACCOUNTS. SENDING WIRES. MANAGING BOOKEEPING. Creating virtual accounts for contractors and maintenance crew.

Fintech for Landlords I inherited 3 rental units and was in the market for a new and modern banking solution. I’ve been using Baselane for a couple of months now. It was simple to set up and get started. I have tenants using it to pay rent via ACH but credit cards is also an option. I can categorize expenses easily and overall it feels like it has enough accounting features that I don’t expect to need another app for bookkeeping.

User friendly User friendly. Tenants love it, my accountant loves it, and it is great for organizing finances. A one stop solution for rental banking.

Great online bank + property finance… Great online bank + property finance tool. I've used other tools in the past. The combination of banking with instantaneous creation of virtual accounts, accounting features such as tagging transactions (some are automatic), and tax reports make this a great tool. They continue to make improvements including adding checks to 3rd parties. Adding some typical features such as recurring automatic transactions and options for tags for other related industries would make this a 5 start tool.

Dishonest, fraudulent, and useless Baselane refused to honor the terms and conditions of their own welcome bonus promotion I qualified and met the criteria for, and then when I contacted customer service asking for the bonus I was owed and detailing with screenshots and timelines they denied having the bonus up on their website, blaming a 'cache' issue, despite my time-stamped screenshots of the promotion being live on their website. They then got my account confused with another account, and shared private account information and screenshots with me from someone else's account (!) including transactions and acct numbers. Unbelievable. I told them that was unacceptable to not honor their own bonus and they replied that it was unfortunate that I was "wasting their time" with my inquiry. Take your money elsewhere. Updated to add: the "facts" they responded with are inaccurate and I have proof from the fine print of their website on 12/22/23 that that is the case. Their attempt to preserve their reputation through accusing customers of gaming the promotion they rightfully qualified for and met the criteria for is unfortunate, especially for an institution that claims to be customer-centric. They made no attempt to resolve the situation with integrity.