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Updated about 7 years ago on . Most recent reply

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Brandon Phelps
  • Escondido, CA
0
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Do you have a favorite bank for a checking account?

Brandon Phelps
  • Escondido, CA
Posted

I have one rental property, and am about to get one or two more. I've got to get official about this business now and am looking for opinions on your bank. I'll be opening an account just for the rental. Obviously if you love your bank but it is local, it probably won't apply to me unless you happen to be in San Diego county. There is a big part of me that wishes the local bank experience to be the best one because... well.... George Bailey would want it that way.

The biggest thing that matters to me: easy online banking experience / good apps or tools for managing that experience. What else should be important to me at this point in my game with regards to selecting a bank?

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User Stats

329
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237
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Bob Razler
  • Rental Property Investor
  • Boca Raton, FL
237
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329
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Bob Razler
  • Rental Property Investor
  • Boca Raton, FL
Replied

Hello:

I have found WELLS FARGO to be the best when it comes to opening local accounts for LLC's, etntities, etc. from other states. Many banks want your LLC/Etc. registered in your current State, etc.

WF was very easy.  I did most of the paperwork online and then just went to the local branch for the final steps.

Bob

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