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Results (10000)
Blake Hege Checking Accounts for All?
5 October 2022 | 4 replies

All - I'm hoping someone can help give me some advice on how to set up my bank accounts with some future LLCs, and which banks folks recommend.  I have two rental properties and am looking to put them into separate LL...

Namal Burman Monthly rent payment methods!!
29 July 2024 | 9 replies

Folks,For one of my rentals the rent is around $5k per month. Any online method i can ask tenant to use that can deposit the amount to my bank account which is free for tenants and safe method for me to use. i had iss...

Matt Michaels Financial Accounts for Real Estate
12 February 2018 | 8 replies

Hi all - I am in the process of buying a duplex property within the Pittsburgh area, and wanted to gain expertise from the members of the BP community. As I am looking to start financing the deal, I was wondering if y...

Mike Healey Banking Best Practices for Rental Properties
2 October 2018 | 8 replies

Just purchased my first investment property in St Louis, MO - A duplex that we'll be owner-occupying. We have about a month before closing and right now, I'm trying to figure out the best way to handle my banking situ...

Ryan K. Business banking for rental properties?
10 July 2020 | 3 replies

I have 3 rental units, owned and financed under my own name. It's definitely a small business; I am the only employee and sometimes my wife. I feel like it will make it easier to track revenue and expenses if I sepa...

Brook Burns Tenant Security Deposit Escrow Account
16 February 2025 | 14 replies

It is my understanding that in Pennsylvania an escrow account is required for tenant security deposits. Does anyone have experience with banks that offer these without fees? I had hoped to set this up with PNC since I...

Antonio Bodley How risky is using balance transfer checks from business credit card as a source?
9 August 2023 | 4 replies

How risky is using balance transfer checks from business credit card as a source of funding to invest in cash flowing apartment complexes? If I was to do this, should I already have property lined up ready to invest i...

Caleb Webster Bank/Credit Union Recommendations
30 April 2018 | 8 replies

I need to open a business account with a bank or credit union in the Portland/Vancouver area, who do you use and would you recommend them? 

Bill Womeldorf Best online banks to hold security deposits?
13 May 2015 | 16 replies

Hi all,I am from Massachusetts, and in this state landlords need to hold their security deposits in interest accruing accounts - Does anybody know any good online banks that provide this service? Or should I look into...

Donald M. Handling Security Deposits in Massachusetts (MA)
4 July 2014 | 4 replies

Straight from Massachusetts law:(3) (a) Any security deposit received by such lessor shall be held in a separate, interest-bearing account in a bank, located within the commonwealth under such terms as will place su...