Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
How To Select The Right Bank
I just bought my first property back in March. 3 Family that I’m house hacking in Attleboro, MA.
I’m going to have a separate bank account specifically for the house and all the finances coming in and out. I’ve been putting it off because I’ve just been tackling other big ticket items.
Should I just open a new account for the house with my current bank? Or do some banks - large banks vs small local banks have any obvious benefits/drawbacks to real estate?
I imagine like with getting a loan - call around and ask what banks can do for you... But what if anything should I want my bank to be able to do for me that may not be ordinary?
Does it really not matter at all? Am I wasting time dwelling on a non issue?
Thank you!
- Andrew Valeri