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Updated about 19 hours ago on . Most recent reply

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Hannah Bader
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management ? about utilites & bank account

Hannah Bader
Posted

Hi there! I've been running my own str/mtr business with 3 units for the past seven years. I'm taking on a duplex to manage for an owner who is moving out of state. I plan to open a separate rent-in-trust account for this property and have a couple of questions. Should the owner have access to the account? Preferably, I'd like not to have the utilities in my name. What is best practice about whose name they're in, and how utilities are paid? Can anyone point to a source of good info on managing mtrs? Thanks!

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