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Results (10000)
Effram Barrett Best banks for a business account
1 October 2019 | 1 reply

Does anyone have success with having a business account at a large bank? My partner and I are looking for a bank to store cash as well as create a business bank account. We are hoping for the bank to possibly fund our...

Michael Washington Joint Bank Account with Rehab Partner
17 October 2019 | 2 replies

I was recently able to secure three rehab deals in Baltimore, MD. I have an investment partner who is also a commercial contractor but interested in diversifying doing residential development and future buy and holds....

Joe Sokol Joint Business Bank Account with Spouse?
23 October 2019 | 1 reply

Hello everyone,My wife and I recently got married and have all our personal finances are combined (joint checking, monthly budgeting together, etc.). Right now, I own one rental property and I have a business checking...

Joe Podwats Tenant’s Bank Account Seized by IRS
8 December 2019 | 12 replies

Tenant claims their bank accounts were seized by IRS and money was garnished for back taxes. A couple rent payments were already late. This will be the third time the rent is late since the money garnished was the ten...

Nic S. Just set up business bank account
27 October 2019 | 2 replies

Just set up business account at my bank. Now I have a separate checking account under my LLC. Can’t wait for that first tenant payment to hit!

Samantha Kincaid How to set up bank accounts
1 January 2020 | 5 replies

We are closing on our first duplex any day. Should I create a new checking and savings account strictly for rents/expenses? What are the advantages, as opposed to using our personal account which in this first year wi...

Liz C. Best bank for Deposit Escrow account
27 October 2017 | 2 replies

HI all ,

I just learn today in NJ I need to get w9 from and put tenants money into escrow account.

Anyone know which is the best bank to do that? And do I have to go in person everytime to open such account?

Thank ...

Johnathan Norman Banks not wanting note investor accounts
2 February 2018 | 10 replies

Not sure anyone else has run into this but I wanted to share. The books I've read didn't mention this and its becoming a bit of a pain. It seems many banks simply do not want business accounts with LLCs holding notes....

Kevin Kite Have a bank account per property?
19 April 2017 | 9 replies

I am going from one property to three this month which I expect to get a little more difficult when it comes to following the money.  So, I was wondering how other are keeping track of their banking finances.  I have ...

Ben Volkman Bank Account Set Up for Expenses
16 August 2017 | 16 replies

When looking at expenses related to a property (vacancy, HOA, utilities, PM, repairs etc), how is that set up within a bank account?  Do you lump them into one account and then dip into it when a vacancy or other expe...