Baselane vs REI Hub

Baselane logo
Banking, bookkeeping, and rent collection in one dashboard — Baselane is purpose-built for property investors who want to ditch the QuickBooks workaround.
Free — $25/mo
REI Hub logo
Bookkeeping software built exclusively for real estate investors — REI Hub organizes rental income and expenses by property, auto-imports bank transactions, and produces tax-ready Schedule E and depreciation reports without the overhead of general-purpose accounting tools.
$9/mo

Baselane vs REI Hub: feature comparison

FeatureBaselaneREI Hub
1099 & Agent Tax Reporting
Bank / Credit Card Sync
Commission Calculation
CRM / TM Integrations
Financial Reporting Dashboard
Mileage Tracking
Real Estate-Specific Workflows
Trust / Escrow Accounting

Baselane — Pros & Cons

Pros

  • Free tier includes real FDIC-insured banking plus bookkeeping — no credit card or paid plan required
  • Property-specific sub-accounts partition funds by address without opening separate bank accounts
  • Auto-tags every transaction to IRS Schedule E categories, cutting tax prep time significantly at year-end
  • Built-in rent collection via ACH, card, and auto late fees eliminates the need for a separate payment tool

Cons

  • No native mobile app as of mid-2025 — landlords must manage via a mobile web browser
  • Customer support is notably slow — users report days for chat responses and weeks to schedule a call
  • Not a full property management platform: no maintenance ticketing, lease storage, or tenant screening
  • Transaction and withdrawal limits on the free tier can frustrate investors with larger or higher-volume portfolios

REI Hub — Pros & Cons

Pros

  • Pre-configured for real estate investing — Schedule E, depreciation, and property-level P&L require no custom setup
  • Auto-imports transactions from bank feeds and Airbnb/VRBO payout statements
  • Tracks mileage and stores documents alongside financial records
  • Perpetual free tier; paid plans start at $9/mo (annual) — far cheaper than QuickBooks for landlords

Cons

  • Designed only for investors — no commission calculations, trust accounting, or 1099 agent reporting for brokerages
  • Integration library is thin: no native connections to major PM platforms like AppFolio or Buildium
  • No invoicing, accounts payable, or payroll — investors with employees or who bill tenants separately need supplemental tools
  • Property count caps enforce plan upgrades; the free tier allows only minimal transaction activity before hitting limits