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Updated almost 2 years ago,

User Stats

67
Posts
22
Votes
Adam Pervez
22
Votes |
67
Posts

How many bank accounts do you have for Long term rental investing?

Adam Pervez
Posted

Hello,

I was curious to see how others structure their bank accounts for their rental property investing. We can all agree that you should have a separate bank account specifically for your investments. I have a different bank account recording all my income and expenses. For setting up reserves or putting aside money for repairs/CapEx, do you create a separate bank account for that as well? I know it could be a preference but I'd like to see how others did it.

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