Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago, 04/01/2019

User Stats

21
Posts
7
Votes
Victor San Gil
7
Votes |
21
Posts

Bank account management

Victor San Gil
Posted

Hi all,

I recently inherited 28 apartments units, a commercial property and an industrial warehouse property all of which we rent. Right now, we currently only have one bank account for everything! After reading the bigger pockets books and learning that I should be putting money away for vacancies, upgrades, repairs, etc...should I have separate bank accounts for security deposits, vacancies, and maintenance? Should I have all these accounts for the commercial, industrial, and apartments?

Thanks for the help!

Loading replies...