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Updated over 5 years ago on . Most recent reply
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LLC Business Checking Account for Out-of-State Investor
I did some research on BP and found several posts with recommendations for setting up a business checking account for REI. The general consensus is to go with a local/regional bank or credit union to avoid getting peppered with fees.
While that works if you're buying properties locally, what about out-of-state? I'm gearing up to begin an LLC and will be looking literally across the country from AZ to PA at some opportunities.
Have other long distance investors had luck with specific banks without losing the convenience of a local bank?