Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Kansas City Real Estate Forum
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 .

User Stats

8
Posts
9
Votes
Austin Lohr
  • Rental Property Investor
  • Kansas City, MO
9
Votes |
8
Posts

Best Bank for REI-Focused LLC

Austin Lohr
  • Rental Property Investor
  • Kansas City, MO
Posted

Any guidance on local (KC) or federal banks? This will be for 2 accounts: first is joint-investment account for my partner in I to deposit funds that will go towards investment equity for properties. Thinking this could be a HYSA or regular savings account. Thoughts?

Second will be operational funds. Income from cash flowing properties deposited here and will also keep emergency/incidental funds for each property. Plan would be to setup an account for each property so accounts are separate and easier to manage. Thinking this would be a normal checking account. Thoughts?

We are thinking it makes sense to keep both account types with the same bank for ease of use, but any reason not to do this? 

Thank you in advance!