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Updated over 3 years ago,

Shawn Thomas's profile image
Shawn Thomas's profile image
Shawn Thomas
  • Investor
  • from Long Island, NY
  • Member since Apr 7, 2020
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User Stats

34
Posts
7
Votes
Shawn Thomas's profile image
Shawn Thomas's profile image
Shawn Thomas
  • Investor
  • from Long Island, NY
  • Member since Apr 7, 2020
Connect
Shawn Thomas
  • Investor
  • Long Island, NY
7
Votes |
34
Posts
Buying & Selling Real Estate

Bank Account setup (multiple accounts)

Shawn Thomas
  • Investor
  • Long Island, NY
Posted

I plan on owning multiple investment rental properties. I know for each you should at least have it’s own operating & reserve account.

However, do you create a bank account that I guess oversees all the specific operating accounts? Like a main business account. How do you guys setup your bank account structure?

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