Hello All
Do you create separate bank accounts for each rental property?
Should we set up one checking account per property?My husband and I purchased our small single family a few years ago. We are in the process of purchasing a duplex with additional rented storage space where we will mo...
Hello everyone! I am in the process of getting my first rental, a 4plex. I definitely would like to open a separate bank account for all income/expenses/deposits for the rental. Because I am such a beginner, even thou...
Do you open an account to escrow your tax costs or is there another way? I'd rather not have to open another bank account if possible.
Hello BP world,
I just purchased my first multi family(4 units)
In NJ. I'm trying to find a simple solution to putting the security deposits into a 4 separate savings accounts. The bank is asking me for 4 deprecate w...
Hi BP!
As new landlords, we do not have enough experience with the screening process, and would like to get advice from others.
We have a married couple wanting to apply and I am planning to use Cozy to screen them....
What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
Property Managers...How do u manage individual properties expenses and income? do u open an individual bank account for each and every property? (And pay the baning fees) or do u manage all of it out of one bank accou...
Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?
I have a tenant in Sacramento, CA requesting interest on his Security Deposit.He claims the last property management company gave it to him.My research has provided me with the following...Paying interest on security ...