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Updated 5 months ago, 08/13/2024

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2
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2
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Jess Na
2
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2
Posts

Landlord banking software

Jess Na
Posted

Hi all. I've been managing our rental finances using Baselane for the last year and looking to see what other options there are. I like the functionality a lot but it seems that once a month there's a new bug to contend with that's eating into my time. Today it's not being able to internally transfer funds which has pushed my coping with them over the line and I'm interested in hearing if there's better options out there. 

Things that I'm looking for:

- The main feature I'm looking for is  the ability to create as many "accounts" as I want. I'm not sure if Baselane has a limit but I have one account per building + security deposits so would need at least 10. 
- The ability to create online debit cards has helped a couple of times but I'd categorize this as a nice to have. 
- Free would be nice but if it's paid and has extra functionality I would consider. 
- Interest earning (not a ****** 0.2% either). Saves me from having to transfer any amounts that add up into a separate interest earning account. 

The reason I ended up with Baselane is because I struggled to find a brick & mortar bank that would allow me the ability to create multiple checking accounts & has decent interest. If that exists I'm all ears. 

Thank you!

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