Updated over 5 years ago on . Most recent reply
Transitioning to Property Manager
Hello BP Bretheren,
You have helped me a lot in the past and I am very grateful. One question I have for today...
I am transitioning to having a PM manage my properties for me. Among other things, they are asking for my ID (I assume scanned driver's license) and bank account, routing number, etc. The stated intent about the bank info is for an ACH deposit of rent.
I wanted to see what you all thought about providing this information. Is this an industry standard? Or an elaborate, (and somewhat commendable) rouse to steal my information and drain my bank account?