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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AJR
GB

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.

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Rhonda
GB

Great service! I've been using Baselane for several months. It's so easy both for myself and my tenants to use. No complaints!

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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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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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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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