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Updated over 8 years ago on . Most recent reply

Cassidy Burns's profile image
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Cassidy Burns
  • Investor
  • from Washington, DC
  • Member since Jul 31, 2016
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Cassidy Burns's profile image
Cassidy Burns's profile image
Cassidy Burns
  • Investor
  • from Washington, DC
  • Member since Jul 31, 2016
Connect
Cassidy Burns
  • Investor
  • Washington, DC
436
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783
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Starting Out

How should I handle my $$/bank accounts

Cassidy Burns
  • Investor
  • Washington, DC
Posted
Hey BP, Quick question: Any suggestions on how to manage rent and cash flow? I have started a new account where my rental mortgage payments are being made out of and where my rent checks are being deposited into. Should I create another account where I am taking my positive cash flow out of this account and then another separating 10% of all rental cash flow for cap expenditures? How are you guys doing this?
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