Devin Scott
Keeping your money organized
Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...
Austin Smith
Where to put Tenant Security Deposit ?
Hello BP'ers. Quick easy question.I understand tenant security deposits go into an interest bearing checking account, my questions are:1. Does it matter if it's checking or savings? 2. If you have multiple tenants...
Dennis Kelly
Separate bank accounts
I'm curious about a financial decision to make . My real estate investing is not a business , I just use all my left over cash for my deals and expenses . Do you recommend keeping a separate bank account for all my re...
Justin Cox
Cash flow on a rental property
Hi everyone. I have a questions about cash flow of rental properties. So I’ve been reading about all of the expenses I should be taking out of the rent I receive to determine my pure cash flow. Mortgage, taxes, insura...
Bill Bockwoldt
Question on rental property bank accounts?
Hi,
I currently have 5 properties in one city (out of state) and am looking at investing in 2-3 other states. I am curious what other out-of-state investors have done in terms of setting up bank accounts to r...
Yaamu Camara
How do i set up my Bank account as a first time RE investor?
I just closed on my first property a triplex in Peoria Il, but i currently live in Georgia. I’m struggling on how to set up my bank account for my investment (s). I know i cannot use my personal bank accounts. Please ...
Damon J.
Bank Accounts for Buy and Hold Strategy? Starting Out
From what I have read I should have an account for security deposits and an account for rent and expenses that are separate from my personal account. Assuming I will be targeting 10 properties here are a few questions...
Aaron J Randolph
What type of account for holding deposits?
What type of checking or savings account should I use for holding security deposits? Is there a special account I should set up for escrow? Should I have separate accounts for holding each security deposit? 
Goran Kocev
Rental deposit money
New landlord here A little confused as far as where to put the deposit money from tenant , it seems that I cannot just put it to the business checking account it need to be some account that earns interest . What find...
Mark W.
Structuring accounts
At the moment I have separate savings accounts set up with a single bank. Some of the savings accounts are personal, while the others are what I would consider "business" savings accounts: property tax escrows for...