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19
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4
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Kevin Thomas
  • Rental Property Investor
  • Costa Mesa, CA
4
Votes |
19
Posts

Out of state investor checking account

Kevin Thomas
  • Rental Property Investor
  • Costa Mesa, CA
Posted
Does anyone recommend getting a checking account in the state where the property is being purchased?

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Oakland, CA
1,363
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730
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Account Closed
  • Rental Property Investor
  • Oakland, CA
Replied

Definitely recommend it. Get an account (if it's free) at the branch down the street from your property. That way, your tenants can easily deposit the rent into your account and you don't need to pay a PM.

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