Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Mitch Gilman
0
Votes |
2
Posts

Revenue Share among owners

Mitch Gilman
Posted

I currently own 3 properties and I am quickly realizing that I don't have the proper systems in place to keep track of who owns what with regards to cash flow and revenues. I am looking for suggestions on how to best keep track of all of this. 


For Example:

House A - I own %50 and my partner owns %50

House B - 3 owners, split evenly

House C - I own %20 and my partner owns %20 and a 3rd owner has %60. 

We have an LLC for each property. An additional question is, does it make sense to have a separate bank account for each property or should they all flow into the same account? I am really just trying to simplify this as much as I can so that when we have 5,10,15 properties, it is easier to keep track of who owns what.

Loading replies...