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Updated 10 days ago, 12/10/2024

Sandra Andrews's profile image
Sandra Andrews's profile image
Sandra Andrews
Pro Member
  • Investor
  • Member since Oct 15, 2020
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User Stats

34
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14
Votes
Sandra Andrews's profile image
Sandra Andrews's profile image
Sandra Andrews
Pro Member
  • Investor
  • Member since Oct 15, 2020
Connect
Sandra Andrews
Pro Member
  • Investor
14
Votes |
34
Posts
General Landlording & Rental Properties

Escrow Accounts for Holding Security Deposits

Sandra Andrews
Pro Member
  • Investor
Posted

I am doing a mid-term rental for one of the units in PA and am managing it myself.  I know I need to hold the security deposit in an escrow account.  Does anyone have any experience with escrow accounts?  My bank doesn't seem to know and they are just offering that I open up a separate account.  I wonder if this is sufficient.  Thanks.

  • Sandra Andrews
    • Pittsburgh, Pennsylvania
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