Max Van Hoek
New European member LLC plus bank account
Dear people ,I am new to this forum and would like to introduce myself.I am Max from the Netherlands and have been investing in rental properties for the last 6 years in the Netherlands.Currently i hold 10 properties ...
Idan Shkedy
Selling house without an LLC bank account
Hello!We are 2 partners in the LLC and we selling our property in Ohio. We don't have an LLC bank account, but each one of us having a privet account.The title company said that they can transfer the money only under ...
Horacio Gutierrez
How many banks accounts for rental properties
Hello,Should you have one saving and checking account for each rental property you own? What if you have 70 units does that mean you create 70 banks accounts is there a easy way to keep track of the money and still no...
Thuy Pham-Satrappe
Separate bank accounts for each flip LLC?
For those of you who open a separate LLC for each flip property, do you open a separate bank account for each as well? If so, do you close the account after the property has been sold? Do you open credit lines or anyt...
Harry Williams
Bank account setup for multi-member LLC?
I just started a multi-member investment company with a partner for multi-family acquisition. There are a total of 2 people involved. I am wondering how to structure our bank account as an organization. Right now, we ...
Maximo Jacobo
Cash Savings sitting in my bank account
Hello Bigger Pockets folks
I am new to real estate and plan to invest in the market a year from now (when I am financially better on paper). I am currently working on my education and my finances. However, in the me...
Ralph Santos
Lumping all investments in one Bank account
Would you lump all your investment property finances into one bank account or do you prefer to spread them out among several banks? What strategy would you choose? What strategy have you taken?
Ralph Santos
Lumping all investments into one Bank account
Would you lump all your investment property finances into one bank account or do you prefer to spread them out among several banks? What strategy would you choose? What strategy have you taken?
Brandon Chandler
Advantages of using a Business Bank Account
What are the advantages of using a Business Bank Account for your rental property's holdings? Are there any? I understand that you have to have an FEIN to open a Business Bank Account, but do you have to have your pro...
Tom Fenoglio
Open bank account from out of state?
Hi, im from Buenos Aires, Argentina and im looking to buy a rental property in Columbus, Ohio. Next week im registering an LLC. With the generated EIN, i have to open a bank account and then i can send the money from ...