Managing vacation rental finances just got a whole lot easier.
Lodgify is excited to introduce our new partnership with Baselane—the all-in-one financial platform built for vacation rental owners. From smart banking to automated bookkeeping, Baselane helps hosts save time, stay organized, and boost profitability.
What is Baselane?
Baselane is an all-in-one financial platform designed specifically for real estate investors and vacation rental hosts. And when we say “all-in-one,” we mean it: Baselane consolidates banking, bookkeeping, expense management, and financial reporting (including tax package) into one seamless experience.
The outcome? More efficient and effective financial management for your vacation rentals.
Note: Baselane is currently only available for those located within the U.S.
What benefits does Baselane offer?
Banking built for real estate
Baselane offers banking that’s tailor-made for vacation rental owners. For example, open an unlimited business checking account for each property or listing. Baselane also offers two savings accounts that earn a competitive 3.35% APY, helping you earn more cash.
Your funds are FDIC-insured up to $3 million through a partner bank, Thread Bank. With no monthly fees, no minimum balance, and no hidden charges, you keep more of your money. You can also issue unlimited virtual debit cards. Assign each to a property or team member and set spending limits. Every transaction is instantly tracked and categorized, simplifying your expense management.
Additionally, Baselane simplifies the process of transferring money between accounts, scheduling transfers, and tracking real-time cash flow.
AI-powered accounting and bookkeeping
Baselane takes the headache out of bookkeeping with smart, AI-powered automation. It automatically tracks and categorizes your income and expenses using over 120+ real estate-specific categories. You can link all your accounts and cards, sync transactions, and keep everything organized in one place.
See performance by property with real-time cash flow dashboards, profit and loss reports, and income statements. Need reports for tax season? Baselane generates a tax package that includes Schedule E by property, P&L report, the entire transaction ledger, and all uploaded receipts with just a click.
Whether you’re managing one unit or a growing portfolio, Baselane helps you stay on top of your finances without the spreadsheets. It saves time, reduces errors, and gives you a clear picture of how your rentals are performing.
Automated vendor payments
Need a simpler way to pay your vendors? With Baselane, you can send payments via ACH, wire (for just $15), or mailed check directly from your account.
You can also set up automated payments for recurring expenses, saving you time and ensuring you never miss deadlines. With your financial operations streamlined, you’re freed up to focus on other aspects of your business.
Easy funding for your next property
Need financing for your next vacation rental property? Baselane offers flexible, investor-friendly loans across 48 U.S. states. Whether you’re buying, refinancing, renovating, or expanding, you’ll find tailored options to fit your goals.
Choose from loan types like DSCR, fix-and-flip, HELOCs, rental portfolio, conventional, and even short-term rental loans based on Airdna data. Baselane supports both personal and business entities, with loan amounts ranging from $100K to over $3 million. The online application is fast and easy—no bank visits required.
You can check rates, prequalify in minutes, and get funding in as little as 10 days. With competitive rates and terms built for real estate investors, Baselane helps you scale your rental business with confidence.
How much does Baselane cost?
The best part? Baselane is completely free to use.
There are no monthly fees, minimum balance requirements, or hidden charges, making Baselane an affordable solution for managing your vacation rental finances.
How to get started with Baselane
Ready to start reaping the many rewards of Baselane? The good news is that it’s easy to get started. Simply follow these steps:
- Sign up for a Baselane account: Create a free account on Baselane’s website.
- Add your properties: Input your property details into Baselane to create separate accounts for each one.
- Link your Lodgify Stripe account: Connect your Lodgify Stripe account to Baselane to receive booking revenue directly into your Baselane accounts.
- Create virtual cards: Set up virtual debit cards for each property to manage expenses like cleaning, maintenance, and supplies.
- Automate bookkeeping: Use Baselane’s AI-powered tools to automatically categorize transactions and generate financial reports.
Baselane also offers a live group onboarding every 2 weeks for those with fewer than 5 listings, and a 1:1 onboarding and activation call for those with 5+ listings. So if you need help with setup, you’re sure to get it.
Before you know it, Baselane will be saving you time, money, and stress. What else could you ask for? Get started today!
