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Updated almost 9 years ago on . Most recent reply

Dan Shelhamer's profile image
Dan Shelhamer's profile image
Dan Shelhamer
  • Realtor
  • from Mesa, AZ
  • Member since Jan 20, 2015
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Dan Shelhamer's profile image
Dan Shelhamer's profile image
Dan Shelhamer
  • Realtor
  • from Mesa, AZ
  • Member since Jan 20, 2015
Connect
Dan Shelhamer
  • Realtor
  • Mesa, AZ
99
Votes |
163
Posts
Starting Out

How do you manage your cashflow?

Dan Shelhamer
  • Realtor
  • Mesa, AZ
Posted

I have a question for all of the landlord's out there. I just bought my 1st rental property. I plan on eventually putting my properties under an LLC. How does everyone handle their income? By that I mean, do you set aside your CapEx & Repair money in a business savings account, and then place your cashflow into your business checking account? Just wondering how I should structure the financials for this as I plan to grow it into a full time business within a couple years. Thanks!

  • Dan Shelhamer
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