I recently leased a residential property that is titled in a trust. I was delayed in getting a checking / operating account set up as I needed to consult with my lawyer on the proper name that should be on the accou...

Hi everyone, 
Just a quick question about bank accounts and bookkeeping...so, with rents coming in and having to account for regular expenses as well as cap ex on each property, etc. do you end up having multiple ban...

I recently refinanced the mortgage on my primary residence and combined the loans I took out to purchase my investment properties.  I have three single family, long term rentals with separate LLC's and business accoun...

We are a two-member LLC (for real estate buy and hold investing) where each member has 50% ownership. Each member contributed equal amounts upon opening of LLC earlier this year and there have no distributions to date...

Just purchased my first 2 rentals. I go to Chase bank to open a business account. The bank says "You need a business account and to open one of those, you need to register your business with the state." So, I do that....

I am closing soon on my first rental property, I will be using a property manger to manage my property. Property Manager have two option on how to have operating account.1. To have a trust account with property manage...

I purchased a single family property in cash last year and am considering a cash out refinance.  I have a private lender that is showing me a 30 year fixed product that would cash out 75% of the property value. If I c...

For those of you who have a single family home in your name, use an umbrella insurance policy, and have no LLC, I assume you have the tenant write the check to you directly? Do you have a separate bank account just fo...

I've been following my accountants advice and pulling funds from 1 business, putting them into my personal account, then transferring them into my RE account to acquire property.  Is this the correct flow of funds for...

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