Reading another post got me thinking about this again.For those of you who own larger multi-family, self storage, mobile home parks, etc, anything with a "resident manager" who lives on-site--do you give you resident manager signing authority on bank accounts and/or allow them to handle finances?

If it's in a business entity and you want a loan, the person authorized to encumber the property in the company signs and the minutes or partnership agreements need to show such approval to act in that matter.

Does the HOA/ Board members have the authority to demand that i have my picture on the card.

There are entity specialists @Douglas Dowell and others http://www.biggerpockets.com/renewsblog/author/douglasdowell/ I have a JV idea that I feel has merit.

Have a family member with an excellent credit history add you to their account as an Authorized User.

The only difference is that each month the property owner will receive two payments for the tenant’s rent - one from the tenant, which is about 30 percent of the tenant’s income, and the balance comes from the Housing Authority of the County of San Joaquin.

And for the same reason some states use attorneys for closing and others authorize escrow to act as limited practice officers.

Trust was established and authority while not totally granted as in a bank, there was enough confidence to allow some to play with the money.

Originally posted by Patrick Saco:I got this info from a book titled "Steps to financial Freedom through Real Estate Investinf"By [REMOVED]This appears to be an attempt at selling books and getting links, there is no author listed

I have a huge issue giving anyone authorization to deposit directly into my account.