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Updated almost 3 years ago on . Most recent reply
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Best Small Business Checkbook Accounts - Newbie Question
I plan to open a checkbook account for each property. Please advise best banks for this. Per web search recommendations: Chase, BlueVine, LendingClub, novo, nbkc bank.
This is my first BP post. I close on my first property tomorrow. It a 4 plex. Things need fixing. I want to manage finances through a dedicated checking account.
I could not find a similar posted question on BP forum. It may be out there.
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@Gregory R Ley You do not need a bank account for each property. I have seen some RE investors do it that way but it is not required. The most important thing will be how will you track revenues and expenses by property.