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General Landlording & Rental Properties

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Eric Inigo
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Newbie Intro to Banking

Eric Inigo
Posted Jun 17 2021, 22:13

Hello BPers. New investor that is closing on my very first rental property soon with a property manager in place since the property is out of my home state. I plan to open a new checking and savings account for this property and will be separate from my personal accounts. That said, is there a difference opening these accounts with a credit union or a national bank? Pros? Cons? Thanks!

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