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Updated about 8 years ago,
Opening a bank account
Hello all,
I sent a similar post a while ago but now I see that there is a more specific forum so I'll send it here as well.
To all of you out of state investors, how are you dealing with a us bank account?
Did you open one? If so , how?
If not, how are you handling the cash flow from your properties?
I have one rental so far in Riverdale, GA and so far the money stays in the property management trust account. If I want to make a wire transfer the fee is very high, around 75$. And after that I need to change the currency with cost an additional fee.
(Meanwhile I'm saving the income to buy more properties in the us of course)
Would appreciate your suggestions.
P.s I saw someone wrote about HSBC, someone here familiar with them or their work?
And I'm from Israel just in case someone wondered.
Best regards,
Yaron.