When first starting out with less than 5 properties, should I open a business bank account? Or should I just open a personal checking/saving/line of credit account and treat it like a business bank account? Also are t...
Hey guys! Was wondering what business bank accounts and credit cards (for rehabs) do you guys recommend? Any suggestions are much appreciated!
Hey guys, probably closing on my first deal within the next month! Super excited! Anyway my question is this. And I’m sure everyone does this differently but I’m need some better focus than just winging it lol.How do ...
Should I set up a separate checking account (savings too?) per property I acquire? I was planning to hold a few properties per LLC, in 1 bank accountAnd then when I get a few more properties with a new LLC, put them i...
I am about to acquire my first rental (4plex) multifamily unit. (this is a seller finance deal) I need some advice on the best way to separate the money I need to save for operating expenses, from my cash flow. Should...
Hello all, my wife and I are new here. We are looking forward to learning a lot here. First, a quick summary of our situation. We own two rental properties here in our home town. My wife's father has been managing our...
Hi all!
Was curious if anyone had an insight on to which bank/credit unions would be best to set up a separate bank account with? Hoping one has proven better rates for the future and just overall better for real est...
I am about to close on my 10th property and in advance of that I have used Anderson advisers to get my entity structure set up for asset protection and anonymity which includes having each property in a land trust and...
Should I use a virtual office address to open up a business account for my real estate company or my home address what's my best option
Hi, I looked at many different banks for the managing of our rentals. Is it worth it to have different accounts for each building? Northone offers the option to create unlimited sub-accounts for free with the 10$/mont...