Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
Realistically, one checking account and an accounting system will meet all your needs and keep your business better organized than 7+ bank accounts.If you want to collect bank interest from excess cash, add a savings account.
Todd Fullerlove
Knoxville TN Banks
30 December 2024 | 6 replies
When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer.
Alexandra Winkler
Bank Account Operations
30 December 2024 | 1 reply
if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.
Izaiah Barba
Banks for refinancing mobile homes as an investment property
5 January 2025 | 2 replies
I plan to BRRRR this property to pay off the seller and get my money out and was wondering if you anyone has any suggestions on banks that can do refinances for mobile homes.
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
We also have a bank account at a smaller Chicago community bank, but there technology isn't as good to be honest.I think @Jonathan Greene's main point is don't step over dollars to pick up pennies.
Matthew McCarty
Already have one property and have 100K in the bank.
2 January 2025 | 4 replies
Additionally, I have $100,000 in cash in the bank, and my monthly expenses for my home and family are around $3,500.My wife earns between $100,000 and $120,000 from her W2 job, while I've recently lost my job but found a new one that pays $65,000 a year.
Umesh Maharaj
Just be the bank by Dave Stech
28 December 2024 | 6 replies
Has anyone tried this paid program - Just Be The Bank: How WE Generate Passive Income & Wealth in Real Estate.
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
Quote from @Victor Correa: Have a deal, subject to mobile home with bank lien, Not payed off, Seller just bought 2 years ago & I am taking over but reading about the title transfer need consent from lien holder.
Bekah Estes
Best rehab loans
25 January 2025 | 4 replies
So does anyone have any guidance and ideas or know any banks that do rehab loans were all the money including labor is upfront and then we pay a monthly?