What is the best strategy for organizing multiple investors?

[Andrew McDavid]

Hello everyone,

As we grow we are noticing that organizing the money efficiently is becoming more tricky. We are currently dealing with 4 different investors on 22 different properties. All of these are fix and flip deals. At first it was easy, but now we are up to almost 75 homes in the last 2 years.

We are with a smaller bank right now and it seems like the may struggling to meet our needs as they may just not be built for this amount of volume. Then again, we may be over looking a easy fix.

The question:

How do we structure a bank account to deal with multiple investors and multiple homes? Ideally we would like to have a separate account for every house. But this is a logistical and bookkeeping nightmare. We are already keeping up with multiple check books/account numbers/passwords etc. Of course we know to keep each investors money in separate accounts. But what would be nice to have is just one bank account to log into and then have 4 subs accounts (Investors) and then more sub accounts under the investors for each of their homes.

Any advice would be great. Thank you!