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Updated over 1 year ago on . Most recent reply

User Stats

69
Posts
20
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Kenny Kuramoto
20
Votes |
69
Posts

Bank for new Investors

Kenny Kuramoto
Posted

I have 1 rental and another one on its way. Just started an LLC but now I'm thinking it would be smart to have the rents go to one account. Which bank do you guys go with? I live in San Diego if that matters. I know I researched and it said the ones with the least fees as I'm just starting out. Any help would be appreciated.

Most Popular Reply

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
4,152
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4,205
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Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
Replied
Quote from @Kenny Kuramoto:

I have 1 rental and another one on its way. Just started an LLC but now I'm thinking it would be smart to have the rents go to one account. Which bank do you guys go with? I live in San Diego if that matters. I know I researched and it said the ones with the least fees as I'm just starting out. Any help would be appreciated.

Use a Credit Union instead of a bank. Much friendlier and fewer fees. The big banks all have lawsuits going regarding how they've ripped off customers.

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