Lumping all investments in one Bank account

[Ralph Santos]

Would you lump all your investment property finances into one bank account or do you prefer to spread them out among several banks? What strategy would you choose? What strategy have you taken?

[Dawn Anastasi]

My strategy has been to have one bank account for each partner I work with. So I actually have 5 bank accounts:

1) My own personal one, where I don't mix any of my investment property stuff in.

2) An account just for properties I hold on my own without partners.

3) An account for one property I hold with party A

4) An account for two properties I hold with party B

5) An account for two properties I hold with party C

That's a lot of bank accounts, but it makes sense from a financial perspective.