How the Banking Disruption Impacts Real Estate Investors

Recently the regional banking sector has faced a sudden disruption in the financial system. This is due to many factors including a sudden loss of confidence in the banking sector. For real estate investors who work with property management companies, this banking disruption may have unforeseen results.
Grace Property Management & Real Estate - serving real estate investors and residents since 1978.
Grace Property Management & Real Estate
2200 E 104th Ave Suite #105 Thornton, CO 80233, United States
303-255-1990
www.rentgrace.com/
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[@HughCurley1]

Mark, you said we should ask what bank you use and if you have set up proper trust accounts. You then answered the questions about proper trust accounts (Yes) but you didn't say which bank you use. Was that intentional? What bank do you use?

[@gracepmdenver]

We recommend and use Enterprise Bank & Trust

[@YourFavoriteHomeboy]

do you have a bank referral? I've talked to so many banks and they don't have an account like this, the most recent rep told me that as long as your accounting can show those funds belong to owners/tenants your money is protected even above the $250k limit.

[@gracepmdenver]

Yes, we recommend Enterprise Bank & Trust.