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Updated over 1 year ago,

User Stats

36
Posts
5
Votes
Rachel K Reiman
  • New to Real Estate
  • Omaha, NE
5
Votes |
36
Posts

Separation of Funds

Rachel K Reiman
  • New to Real Estate
  • Omaha, NE
Posted

I have soon to be four long term rental properties and I am curious what is the best way to keep funds separated and do you want/need to separate them?  Do you have a checking account for property taxes and insurance, one for repairs and maintenance ?  What I the best strategy to keep them all straight so you don't utilize one for repairs and then finds you are short for insurance when it comes due?  Thanks Rachel Reiman-TurnStyle

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