All Forum Posts by: Melanie Lovejoy

I am a semi-recent Baselane user and the only thing I regret is that I didn't find it sooner! I have been investing for 4 years and have tried both local and national banks and haven't had any experiences to write home about. I also happen to be a Turbotenant user so I am almost in the same situation. I had onboarded my tenants to TurboTenant not long before opening my accounts with Baselane, but Baselane does have a rent collection feature too which I may eventually move to. That said, TurboTenant and Baselane have worked together seamlessly for me. 

Baselane is extremely easy to use, built for investors specifically, and keeps adding more useful features. 10/10 highly recommend.

I live in Texas but invest in Oklahoma City and it meets a lot of your criteria!

I love the market there and have a phenomenal real estate agent who I work with. Let me know if you want to chat more about my experience there or connect with my agent!

We had the best luck with a local bank in the town that we invest in. 

Good luck!!

I use Baselane for all of my rental property banking!

A few reasons I choose to bank with them:
-Very easy to set up business bank accounts under my LLCs

-Option to create virtual accounts under each LLC. I use this feature for separate accounts for each property that is under the same LLC.

-Cash Back on debit card payments (THIS IS THE BEST)

-Higher APY than is typical on checking accounts 

My progression has been google sheets -> QuickBooks -> google sheets -> Baselane and Baselane has been by far the best decision.

I have a smaller portfolio, but Google Sheets takes so much time and leaves room for human error. For QuickBooks, I needed the more expensive program to do what I needed it to do, which wasn't worth the price tag.

I started using Baselane semi-recently and have been so impressed by the accounting integration. It is super straightforward and prompts me to tag all of my transactions with categories that correlate directly to Schedule E. I can also tag it by property to easily pull P&L for each property.

I am super happy with Baselane and excited to not have to spend so much time on bookkeeping and prepping things manually for my accountant. 

@Dominique Greer

Hi! I am also in Texas and own a house in Peoria! I have been really happy with the property management company I am using if you would like their information. 

Hi Everyone! Popping into the thread to say I'm also relatively new and looking for a rental property in Tulsa. I am out of state (Austin, TX) so always looking to connect with people who are actually in the area. 

I am hoping to find something I can turn into a rental with very little effort. My ideal situation would be something that is already tenant-occupied. I've been doing my best to familiarize myself with the neighborhoods from afar, but would like to make a trip up sometime soon.