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.
General Real Estate Investing
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 11 months ago on . Most recent reply

User Stats

74
Posts
18
Votes
Kyle Kline
18
Votes |
74
Posts

How do I organize my property funds?

Kyle Kline
Posted

Hello,

I am hoping to gain some insight as to how best to organize funds for different uses and/or properties. More specifically, my questions would be:

What type of account(s) do I put the money I save for maintenance, vacancy, capital expenditures, etc. into?

Should I have a separate account for each of these categories or keep them all in one account?

Should I have separate accounts for each property?

Should I use the same bank for all of these accounts?

I appreciate any insight and advice anyone is able to provide!

  • Kyle Kline
  • Most Popular Reply

    User Stats

    393
    Posts
    308
    Votes
    Jonathan Bock
    • Financial Advisor
    • Bryn Mawr, PA
    308
    Votes |
    393
    Posts
    Jonathan Bock
    • Financial Advisor
    • Bryn Mawr, PA
    Replied

    @Kyle Kline

    Don't over complicate it less is more 

    business profile image
    Impact Advisors Group

    Loading replies...