Is Anyone Using Baselane for rent collection with a voucher tenant?

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Is Anyone Using Baselane for rent collection with a voucher tenant?

Brian ValdiviaBusiness Member
Investor · Kingsville, MD · Member since 2017 · 102 posts · 20 votes

Hello,

I searched the articles on Baselane's website, BP, and Reddit.  I can't seem to figure out how to structure the tenant's portion of the rent while showing that a portion is being paid by the housing department. 


Can anyone advise here?

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  • Ryan DenmanPro Member
    Erie, CO · Member since 2018 · 44 posts · 14 votes
    1y

    I'd be interested in how they operate as well.  I'm very skeptical of fintech companies who try to make things easier for landlords (with little to no knowledge of real estate).

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  • Gary Gibson
    Flipper · Tampa, FL · Member since 2017 · 1 post · 0 votes
    1y

    Why not just make it simple enough to outsmart the software? Set the unit up as 101-A for Tenant, and 101-B for Housing Dept., and divide the rent accordingly.  After all, it's 2 sources of rent payment, they both have to pay, and will pay at different times.  If Rent is $1300, set up Tenant to have a monthly receivable for $300 (for example) for 101-A, and a separate monthly receivable for HD for $1000.  I'm just getting into Baselane, but my understanding is they also offer an option to "split transaction amongst properties or units" and have "separate collaborator logins." (From their site.)

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    • Brian ValdiviaBusiness Member
      OP
      Investor · Kingsville, MD · Member since 2017 · 102 posts · 20 votes
      1y
      Quote from @Gary Gibson:

      Why not just make it simple enough to outsmart the software? Set the unit up as 101-A for Tenant, and 101-B for Housing Dept., and divide the rent accordingly.  After all, it's 2 sources of rent payment, they both have to pay, and will pay at different times.  If Rent is $1300, set up Tenant to have a monthly receivable for $300 (for example) for 101-A, and a separate monthly receivable for HD for $1000.  I'm just getting into Baselane, but my understanding is they also offer an option to "split transaction amongst properties or units" and have "separate collaborator logins." (From their site.)

      While I don't necessarily disagree here.  I am relatively new to the software and not married to it yet.  I want something where I don't have to "outsmart" the software.  I'd much prefer having something that was designed for the way my business operates that I can continue to grow with.

      To qualify this further, I have 20=2 units and 68 of them are currently subsidized.   So it's important to me to find something that works consistently with how my business operates.
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  • Megan Tyberg
    Member since 2024 · 23 posts · 55 votes
    11mo

    Brian, have you figured this out yet? I'm trying to do the same thing and can't understand ...

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