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Updated about 4 years ago on . Most recent reply

Waylan Liu's profile image
Waylan Liu's profile image
Waylan Liu
  • Rental Property Investor
  • from Midwest
  • Member since Oct 18, 2018
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Waylan Liu's profile image
Waylan Liu's profile image
Waylan Liu
  • Rental Property Investor
  • from Midwest
  • Member since Oct 18, 2018
Connect
Waylan Liu
  • Rental Property Investor
  • Midwest
3
Votes |
3
Posts
General Real Estate Investing

How is/are your bank account(s) setup for your rental portfolio?

Waylan Liu
  • Rental Property Investor
  • Midwest
Posted

Hello everyone!

Now that I’m beginning to grow my rental portfolio, I want to know the most ideal way to setup bank accounts.

Do I setup separate accounts for each property?

Do I setup separate accounts for cash flow vs. operating income?

Currently I have only one checking account for everything.

I am curious on your strategies and recommendations.

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