Payments & rent collection
Baselane
Baselane is a financial platform for landlords and small real estate investors that combines banking, rent collection, and bookkeeping in one account. It is a financial technology company rather than a bank: banking services are provided by Thread Bank, Member FDIC, and funds placed through Thread's deposit sweep program become eligible for FDIC insurance at program banks.
Landlords open unlimited property- and entity-specific checking and savings accounts with no monthly maintenance fee or minimum balance, issue physical and virtual Visa debit cards with custom spend limits and card locks, and make fee-free cash deposits and withdrawals at over 55,000 Allpoint ATMs. Rent collection sends automatic invoices and reminders and charges late fees by ACH or card, with a tenant portal, autopay, and two-day rent deposits on the paid plan.
Bookkeeping tags transactions to the right entity, property, and tax category across more than 120 categories, matches and stores receipts, syncs with QuickBooks and Xero, and produces net cash flow, NOI, rent roll, and tenant ledger reports plus a Schedule E accountant tax package. Tenant screening is included: a full Equifax credit report, eviction and criminal history, bank-verified income, and three-way ID verification, returned in minutes.
The core plan is free. A $20 a month plan adds AI auto-tagging, advanced tagging rules, auto-receipt matching, auto-transfers for low balances, and role-based shared access, with a 30-day trial. Tenant screening is free to the landlord and costs the applicant $24.99. Baselane reports more than 50,000 real estate investors on the platform. Offices are at 85 Fifth Ave, Floor 7, New York; support on +1 (888) 586-1618.
Best for
Landlords and small-portfolio investors who want per-property banking, rent collection, and books in one place. Anyone who needs a direct relationship with a chartered bank should note deposits sit at Thread Bank, not with Baselane.
What they do
- Property- and entity-specific banking accounts
- Online rent collection with invoices, reminders, and late fees
- Tenant portal with autopay
- Automated bookkeeping and transaction tagging
- Schedule E reports and accountant tax packages
- Rent roll, NOI, and tenant ledger reporting
- Tenant screening covering credit, criminal, eviction, and income
- Security deposit accounts
- QuickBooks and Xero sync
- Virtual and physical debit cards with spend controls
Details
| Attribute | Value |
|---|---|
| How they charge | Core plan $0 a month; the premium plan is $20 a month with a 30-day trial. Tenant screening is free to landlords and $24.99 to the applicant. |
What stands out
- Reports more than 50,000 real estate investors on the platform.
- Baselane is a financial technology company, not a bank; banking services are provided by Thread Bank, Member FDIC.
- Auto-tags transactions across 120+ tax categories and syncs with QuickBooks and Xero.
- Fee-free cash deposits and withdrawals at more than 55,000 Allpoint ATMs.