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Updated 10 months ago,
How do I organize my property funds?
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!