Baselane, the All-in-One Financial Platform for Landlords & Property Managers
In this video, Beau talks with Mathias Korder, CEO & Founder of Baselane, a platform made for landlords and property management companies.
Baselane is a next-generation banking & financial platform built for independent landlords and property managers. With Baselane, you can finally manage your rental property finances all under one roof.
Learn more here - [ Ссылка ]
Timeline:
[1:35] Baselane’s main goal is to provide automation and support in their finances on their rental properties. This includes banking, rent collection, insurance, analytics, bookkeeping, and more.
[3:00] In Baselane, you can create a bank account or connect an external bank account with them. On the platform, you can add your property and invite your tenants so they can pay the rent there. They can have auto-pay or individual pay for their rental payments. They also provide automatic bookkeeping that is connected to the bank account. There is also an analytics tool that can help you see your performance. They also have a virtual debit card that you can use to pay the expenses.
[7:07] Payment processing in Baselane takes up to 2 days for ACH, and it is free. Meanwhile, if the payment is made through a debit or credit card, there is a 3% convenience fee.
Joint Venture with an Accounting Firm
[7:56] As of the moment, there is no joint venture for Baselane with an accounting firm. The platform’s main goal is to make an accountant’s life easier, especially when it comes to filing taxes. Baselane provides a tax package at the end of the year, then reviewed and filed by the Accountant.
[10:06] Platform Fees and Features
Baseline’s core platform is free. It includes banking, bookkeeping, analytics, and rent collection. Mathias mentioned premium features should be coming out later this year, and some features will consist of bulk editing of transactions.
[10:29] There are currently many emerging landlords, and this platform aims to help and support them to become an effective platform.
[14:06] Coming up with the idea of Baselane
Mathias and his co-founder used to work at Boston Consulting Group. That company’s goal is to help financial services companies build new digital products. They’ve met some real estate investors encountering problems with how their finances are handled during this time. This kickstarted the idea of Baselane.
[16:35] Property Management and Manager
Mathias mentioned that they see a possibility of collaboration between the landlord, property manager, and the platform Baselane. You will no longer receive documents directly from the manager but rather have them already prepared on the platform, which can easily be accessed through mobile phones.
About Mathias Korder
Mathias is the Founder & CEO of Baselane. Before founding Baselane, Mathias was a Principal at Boston Consulting Group (BCG) in New York. He worked with leading financial service providers across North and South America, helping them with critical topics such as launching new digital business, go-to-market strategy, and growth initiatives. Mathias started his career at Morgan Stanley & Co. in New York.
Mathias holds a Master of Business Administration from INSEAD and a BA in Economics from
Trinity College.
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#MultifamilyInvesting #PropertyManagement #Baselane
_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
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