Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

130
Posts
36
Votes
Meg K.
  • Investor
  • Rochester, NY
36
Votes |
130
Posts

Rental Application

Meg K.
  • Investor
  • Rochester, NY
Posted

Hi,

I am reviewing rental applications here on BP. Why do we ask for Bank information and account number?  Is it necessary?

Thanks, Meg

Most Popular Reply

User Stats

132
Posts
74
Votes
Joe Cantanzriti
  • Rental Property Investor
  • Chicago, IL
74
Votes |
132
Posts
Joe Cantanzriti
  • Rental Property Investor
  • Chicago, IL
Replied

I ask simply for bank name and type of account just to see if they even have a bank account..... no bank account equals negative points on the "Am I going to rent to you" scale. 

Account number would be a nice addition but I would think you just make a copy of that first check that comes your way and you'll have all the info you need if they have a checking account of course.

Loading replies...