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Updated about 8 hours ago on . Most recent reply

Real Estate Banking Structure
I am curious about how people who are already investing (and have been for a while) structure their bank accounts. As always, I will talk to my accountant and bank(s) when it comes time to get it all setup. I used to think that having a separate bank account per property was the way to go, then I thought that might be too much, but I recently read about investors who have a separate bank account for each of their properties and 3-5 properties per LLC (I'm not setting up an LLC *yet*).
For a beginner, what is a good structure? Is it hard to transition from that structure once you are a more advanced/seasoned investor? Why is this a good structure?
Thank you!
JJ