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Updated about 4 years ago on . Most recent reply

User Stats

37
Posts
11
Votes
Brad Spuhler
  • Rental Property Investor
  • PA & NJ
11
Votes |
37
Posts

Who do you use for high yield business savings accounts?

Brad Spuhler
  • Rental Property Investor
  • PA & NJ
Posted

Hi BP,

I have a business checking account (for my LLC) and I'm looking to park some cash for reserves and future acquisitions. Curious who other real estate investors are using for high yield business savings accounts? Also, more generally curious how RE investors structure their banking/credit/brokerage accounts.

I have a small but growing portfolio right now and currently have a credit card and checking account in the name of the LLC. Cash isn't earning much right now but I don't want it sitting earning zero in my checking account.

Any insights into what others are doing would be greatly appreciated!

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