Most property managers think their trust accounts are set up correctly, but many are completely wrong - and that can lead to devastating consequences. In this episode of The Evernest Property Management Show, Marshall Fulton from Enterprise Bank breaks down the truth about trust accounts, FDIC insurance, and so much more. Contact Marshall on his LinkedIn or by emailing mfulton@enterprisebank.com.

You'll learn:

The two questions every property manager should ask their banker to avoid disaster down the line
The most common mistake property managers make (and what to do instead)
How property managers within HOAs should approach banks to maximize success
Which popular software can handle both property management and HOA needs
The one thing the best operators do to scale their business

Plus:

Why bankers try to keep HOA members out of their software
How private equity impacts acquisitions, sales, and purchases in the property management industry

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Connect with Matt and Spencer at Evernest: Evernest.co

Guest: Marshall Fulton, Enterprise Bank

Link: Connect with Evernest

Link: Evernest YouTube Channel (@ThreeHundredToThreeThousand) (Watch this episode and more!)

Visit the Podcast Website: Evernest.co/podcasts

Email the Show: podcast@evernest.co

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Production House: Flint Stone Media

Episode 152: What Happens If Your Bank Fails Today? (PM Owners Need To Know THIS) | Marshall Fulton