Seeking recommendations for banks to use for multiple bank accounts
Each of my rental properties is held by its own LLC, and each LLC is owned by a holding company that sits at the top (which is owned by me). Each LLC needs its own bank account, but as I scale, I am looking for a better bank that allows me to more efficiently manage multiple bank accounts. I currently use Bluevine, but I have separate logins for each account, which is cumbersome. I would like to have one login where I can access multiple accounts from the same dashboard, or something similar. Curious how other investors with multiple bank accounts handle this and any recommendations for banking institutions you may have. Thanks!
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From my research the largest single tenant lawsuit case was in California for $3.8M. The cases which had significant dollars were all blatant discrimination cases or negligence.
If you hire a good property manager, do your property inspections and have a good insurance policy your odds are very slim. I worked for a multibillion dollar family office with over 2,000 units and office / retail etc.
Lawsuits for slipping on the sidewalk when icey are common - owners never paid a penny it was always done through insurance.
- Chris Seveney
