Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

13
Posts
9
Votes
Robert Ortiz
  • Attorney
  • San Diego, CA
9
Votes |
13
Posts

Bank account strategy for multiple rentals properties

Robert Ortiz
  • Attorney
  • San Diego, CA
Posted

Hi BP Family,

I had a question about bank accounts for rent collection. I recently purchased two rentals and I have a third under contract. I have my personal checking accounts and business checking accounts for an LLC I created for business and real estate. Properties are all in my personal name. I'd like to have my business checking account show money coming in so I can build it up for credit/future loan purposes. Do you have the rent deposited into your personal checking account, one business checking account, or do you have individual business checking accounts for each property? Thanks for your advice.

Loading replies...