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Updated over 7 years ago,

User Stats

55
Posts
31
Votes
Austin Smith
  • Real Estate Agent
  • Newark
31
Votes |
55
Posts

Best way to run financial operations for landlord business

Austin Smith
  • Real Estate Agent
  • Newark
Posted

Hello BP'ers 

Just wanted to gain insight on how you run your rental business in regards to finance operations. 

Do you accept rent payment electronically? 

Did you open up a separate bank account to track income/expenses? 

Do you pay the mortgage with the same account as you receive rental income? 

Thanks in advance!   First rental property.  Next one coming soon ;)

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