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Updated about 2 years ago,

User Stats

26
Posts
11
Votes
Maximillian Engram
Pro Member
  • New to Real Estate
  • San Antonio
11
Votes |
26
Posts

REI Business accounts

Maximillian Engram
Pro Member
  • New to Real Estate
  • San Antonio
Posted

Good afternoon,

I am fairly new to real estate and once I acquire my first house hack in the next 8 months, I want to treat it like a business from the begging with systems in place. 

My question is how you have your real estate accounts set up? Do you have separate accounts for each property? or do you have all your income and expenses in one account for all your properties?

And my other question is how do you pay yourself? Do you just transfer the money from your business account to your personal checking account? 

  • Maximillian Engram
  • Loading replies...