Baselane

280 Park Avenue, 10017, New York, United States
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4.05
Based on 20 Reviews

5

65.00%

4

10.00%

3

5.00%

2

5.00%

1

15.00%
About Baselane

Baselane is a next-generation banking and financial platform for independent landlords and real estate investors. We offer landlord banking, online rent collection, bookkeeping, reporting, and many financial products. It is our goal to supercharge your rental business with tailored financial services, automated tools, and actionable data to save time, increase returns, and grow their rental investment portfolios.

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Debi
GB

Horrible customer service Horrible customer service. The login bugs constantly. An error message keeps telling me the login info is wrong, but guess what? If you just keep sending the same info, the account magically opens. Does that sound safe to you? I initiated a deposit from my personal account into our Baselane business account on Feb 15. A week ago. It's still showing as processing. The UX/UI looked nice in the beginning, but after setting up the whole account, the dashboard still has the welcome info, inviting me to set it up. What? We're switching out of this system over to Stessa, as soon as we can get Baselane customer service to answer the phone....

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Chetan
GB

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.

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Brad Jenkins
GB

Baselane is not a viable option for commercial landlords Baselane is below average for rent collection and clears payments at the speed of 1980. I have had some payments take 7 days to clear, plus an additional day to actually show up in my checking account! The service I was using prior to Baselane was clearing rent payments in 3 days maximum, most of the time in 1-2 days. I will be returning to the prior service. The banking is a bit of a scam; they hook you with a high APY only to lower it below industry standards a month later. They also have very low deposit maximums - $5k. You have to ask for an override to make deposits above this amount....very inconvenient.

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Wilson
GB

Rental Management I run my entire management through Baselane. The three times I needed answers from customer service, they were prompt to solve my problems. I signed up mostly to collect rent digitally, which provides the tenants with their login and choice of payments. Also, the checking account has a competitive APY over other business banks. The function I didn't realize I needed was the cash flow and spending analytics by connecting other financial institutions, which then can be exported for a tax preparer.

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Susan Alavanja
GB

User friendly interface User friendly interface! Clean and easy to organize accounts and subaccounts. Great communication on status of rent collection from the moment tenant initiates until the posting. Looking forward to Baselane adding bill-payment feature.

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