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Updated 3 months ago on . Most recent reply

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Ben Hofstra
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Best Bank Account for my Situation

Ben Hofstra
Posted

Hello all, merry Christmas! I have done a lot of research in preparation for my first real estate purchase but I haven't heard any mention of banking services that stand out. I would love to open a joint account with my partner without forming an LLC. After a quick search it seems like Baselane is a good option, does anyone have experience with it? Or with alternative options? We are also planning to use turbotenant or something similar. Seems like there might be some overlap between the two, does anyone with experience with both think that problems would arise from that?

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Greg Scott
  • Rental Property Investor
  • SE Michigan
5,710
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Greg Scott
  • Rental Property Investor
  • SE Michigan
Replied

Just about any bank can open a joint account.  You are probably better off going with one that has a branch you can visit and get to know the management.

I recommend you decide, take action, and move on.  These minor details are the kind that distract people from the path of success.  This is something that can easily be changed later if needed.

  • Greg Scott
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