Does anyone utilize high interest savings accounts for their cash flow.

Long story short, you spend a month cleaning and renovating, then you find a new tenant after just 15 days.In total, you lost three months of rent income ($3,000) plus paying utilities ($500).

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

Get your insurance in business name, utilities can be put in business name.

How much do the utility hookups cost?

I believe you can also utilize an independent savings account, but you should check with the bank to make sure.

What are "typical" rental terms in Sac (e.g. does owner or tenant pay utilities, trash, water etc) for your properties?

I would like to purchase my first property sometime next year, utilizing this year to learn and network as much as I can.

I did make sure they got the utilities switched over in to their name which took a few days.All in all, it was maybe 7-10 days left in august by the time they got all the utilities switched etc.

It's amazing how cheap it can get when you're paying physical cash and having your contractor pick it up at the warehouse.