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Updated almost 5 years ago on . Most recent reply

User Stats

26
Posts
10
Votes
Ragnar Lothbrok
  • Utica, MI
10
Votes |
26
Posts

Transitioning to Property Manager

Ragnar Lothbrok
  • Utica, MI
Posted

Hello BP Bretheren,

You have helped me a lot in the past and I am very grateful. One question I have for today...

I am transitioning to having a PM manage my properties for me. Among other things, they are asking for my ID (I assume scanned driver's license) and bank account, routing number, etc. The stated intent about the bank info is for an ACH deposit of rent.

I wanted to see what you all thought about providing this information. Is this an industry standard? Or an elaborate, (and somewhat commendable) rouse to steal my information and drain my bank account?

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