Baselane Review: Key Features, Fees & Alternatives

The long-term rental market has become an attractive income-generating area for many Americans. Rental demand is projected to increase by 6% this year.¹
As new entrants target this market, they need to have proper payment solutions in place. One good option to consider is Baselane. Baselane helps real estate companies manage payments and finances.

This article will explore some of Baselane’s features and benefits for real estate investors.

Baselane Review: Quick Overview

Baselane is an online platform that helps landlords and real estate investors manage their properties. Some of its main property management tools include online rent collection, landlord banking, bookkeeping, and other finance solutions.

Baselane does not charge monthly fees or require a minimum balance. Below are some of the fees that it charges.²

Customers who set up an account with Baselane and receive ACH payments can avoid most fees.

Baselane Features: What’s Worth Knowing About Baselane

Baselane is an appealing option for real estate investors because of its low fees and property income management tools. You can use Baselane to manage rent payments for multiple properties.

Target Audience

Baselane is an excellent option for real estate investors who want to save time and more effectively manage their portfolios. Its property management tools can help smaller investors expand their real estate portfolios. This platform is generally best for new entrants or landlords who are rapidly expanding and need more help with property income management.

Key features

Baselane features are very attractive for new or experienced landlords. It can help real estate investors manage their property finances.

When you use Baselane, you can manage your payments, including rent and deposits, on one platform. You can also create on-demand financial reports, and receive automated reporting for tax purposes.

Baselane also offers⁴ banking services, including accounts with $3 million in FDIC insurance. Customers can set up an account with Baselane and even receive debit and credit cards. It also offers a 3.35% APR on deposits.⁵ If you are already comfortable with your bank, you can still add this account to your Baselane profile.

Fees

Baselane is an excellent low-fee option, without hidden fees. It does not charge fees for the following:

• Accounting opening
• Inactive accounts
• Monthly account fees
• Overdraft or returned payment fees
• Minimum balance fees
• ACH fees

If your business plans to receive checks or payments by card, Baselane charges a very low fee. It charges $2 per mailed check and a 3.49% fee on card payments. You also have to pay for tenant screening reports. You can avoid most of its fees by setting up a bank account and receiving ACH payments in your Baselane account.

Benefits of Using Baselane

Baselane benefits many real estate investors who need to access a low-cost and user-friendly real estate platform. These financial tools can help you manage and track payments, and assist you with your rental management process.

Simplified Landlord Banking and Analytics

Baselane makes it easier for users to manage multiple properties on its platform. Users can create a new account for each property, or create one account for all of your properties. You can also use the platform to track and analyze your income and expenses.

Rent Collection Tools

Baselane helps landlords automate the rent collection process. You can collect rent through their Baselane account or an external account. Baselane also allows you to collect security deposits. You can also set up custom late fees on your Baselane account.⁶

Possible Limitations of Baselane

Baselane has received a lot of praise from real estate investors. 77% of users gave it a 5-out-of-5 star rating, and 83% gave it a 4-star rating or higher.⁷

There are some common limitations that users should understand before getting started. Baselane is not a traditional bank and does not have a physical branch presence.

The main appeal is its low-fee model, but this could change in the future. It is best to make sure the rental management features are a good fit for your business, instead of solely focusing on fees, APR, and bonuses.

Common Baselane User Complaints

17% of Trust Pilot users gave Baselane a 3-star rating or lower. Some of the common complaints received by users who gave Baselane a 1-star review include the following:

• Fees for other services, such as tenant screening services
• Slower customer service for fraud issues
• Lack of user-friendly features
• Login issues
• Waiting a long time to receive a card
• Difficult adding and removing properties

It is easy to set up an account to test out the features to make sure you are comfortable with the services beforehand. While Baselane does have some extra fees, these are all transparent on its website.

There were some complaints about customer service, but Baselane does offer phone support from 8-4 pm Monday- Friday.⁸

Alternatives to Baselane

Baselane is one of several options for landlords who need new property management tools or finance solutions.

Payload is a payment solutions company that focuses on real estate, SaaS, insurance, and legal payments. It has landed major contracts with real estate companies like Keller Williams and Berkshire Hathaway.⁹

Stessa is another similar option in the market, which provides services like landlord banking, tenant screening, and rent collection services. Stessa offers free plans¹⁰ for clients, as well as paid plans for $12 or $28 per month.

Receive and Manage International Payments with Wise Business

Wise Business is an excellent option for real estate companies with international properties. Wise can help provide free financial tools for your business and can be a great fit for real estate investors that need to make and receive international payments.

Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account allows you to hold more than 40 currencies in your account. You can get accounts in multiple currencies, which allow you to receive payments without the need to open a local bank account in each country. You can get a UK account number, for example, even as a US business. It also supports transfers of up to $1,000,000 per day.

With Wise, you can receive payments like a local and do not have to worry about poor exchange rates.

Open a Wise Business account online

Open a Wise Business account online

	Editor & Business Expert:
	Panna is an expert in US business finance, covering topics from invoicing to international expansion. She creates guides and reviews to help businesses save time and make informed decisions. You can read more useful business articles on her author profile.

Sources

1. The 15 best long-term U.S. rental markets in 2025 | Minut
2. baselane.com/pricing/
3. Free Tenant Screening Service for Landlords | Baselane
4. Banking Accounts For Landlords | Baselane
   5.What are the benefits of having a Baselane Banking account?
   6.How to Set Up Per Day Late Fees in Baselane's Rent Collection Tool
5. Read Customer Service Reviews of baselane.com
   8.Contacting our Support Team
6. Payload | Real Estate Payments
7. Pricing - Stessa
   All sources checked March 2025