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Updated almost 7 years ago,

User Stats

133
Posts
12
Votes
Gary B.
  • Hayward, CA
12
Votes |
133
Posts

Banking with Property Manager

Gary B.
  • Hayward, CA
Posted

I am closing soon on my first rental property, I will be using a property manger to manage my property. Property Manager have two option on how to have operating account.

1. To have a trust account with property manager as operating account, property manager will deposit check in my bank accoint once a month minus bills and his percentage.

2.  I add property manager as authorized user to my bank account and property manager will operate though my account. 

Can you please suggest which one you suggest a preferable way?

Best, Gary

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