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General Landlording & Rental Properties

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Aamir V.
  • Investor
  • Houston, TX
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25
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best bank for rent deposits / checks?

Aamir V.
  • Investor
  • Houston, TX
Posted Jul 10 2018, 15:29

So I'm new to this but my family is not... I've been shocked by how hard it is to deal with rent checks.  We have to physically go into a bank for the deposit since it's easy to blow past the number of check limits and/or the dollar amount limits.

In our case, we're doing commercial real estate so the check values are high per month.

I would love to ask our customers to do ACH / direct deposit, but they're not always amenable to that.  And I'm having a hard time convincing our bank to allow this large a check deposit through the mobile apps (when they have one, ugh community banks sometimes)... unless we want to upgrade and pay for the privilege of their "treasury services".

Thoughts?

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