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Updated over 10 years ago,

User Stats

38
Posts
1
Votes
Mark Spivey
  • Phoenix, AZ
1
Votes |
38
Posts

Financial set up help

Mark Spivey
  • Phoenix, AZ
Posted
I'm starting to shop for multifamily properties in the Phoenix area for my 1st purchase. I'm trying to figure out how to handle paying the bills etc. I don't want to mix my personal finances with my investments. I think I should open a second bank account, but I don't know if I should create a business entity and associate the bank account with that or just open it under my own name. I don't plan on placing the deed or mortgage in the business/entity name, but wonder if it would be wise to pay all bills under that name. Thanks in advance for any advice!

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