Landlords, Open Security Deposit Accounts Online!

[Lien Vuong]

This a recurring question I get all the time from clients and other investors about the security and last month's deposits. This is a free platform by Leader Bank that expedites this and automates the process. Landlords in the Commonwealth understand the risks and liabilities of mismanaged funds so this is a fantastic way and added layer of protected to make sure you're doing it correctly. I love a set it and forget it model!

I thought this would be helpful to share for our community. Here is the link. More info on the laws regulating deposits from the state are here. 

Be well everyone!