Pete Sailhamer
Private Lending Payments directing into Lender's Bank Account?
I bought a property using private money, and I would like to electronically send the monthly payments directly into the private lenders' bank accounts. I would prefer not to use a third party site (ie Dwolla, etc) wh...
Remo F.
1 Bank account or multiple for rental properties
Hi,I'm curious to how some of the landlords on here handle their finances.Do you have one bank account that receives rent or multiple accounts for each property?How do you handle expenses? Do you use a separate accoun...
Wesley Myers
Bank Accounts for STR’s? What do you do?
Been reading a lot of different scenarios for bank accounts with rental properties. Wanted to get your suggestion on my specific situation. Just purchased our first STR condo here in PCB. Have $10k in reserves for re...
Julian Hamstead
Can a bank draft your account after closing?
We recently used a well known hard money lender, who secured a correspondent investor and then secured a bank loan on one of our flips. The entire process was riddled with challenges from the set up of the draft, pur...
Menachem Krasnjanski
Set up a bank account for a LLC
I'm setting up a LLC as a LP in a syndication, do I need to set up a bank account for each LLC
Julien Bartolo
Rental Investment Units Purchase - LLC's & Bank Accounts
Good morning everyone, I am a new investor in the state of Maryland and anxious to purchase my first rental property. I have selected a realtor thru Bigger Pockets, I am currently analyzing deals and will soon be pla...
Fernando E.
Guidance on managing LLC and personal bank accounts
Hi BP family,Wanted to get insight from you guys on how you separate your LLC checking account and your personal account at the early stage of your business where basically the funding that goes to the LLC checking co...
Mark Douglas Hukill Jr.
Opening another bank account to receive rental income
I am going to be closing on a 3-plex with a VA loan in the next two weeks or so. I think opening a new bank account to receive the rental income is what I am going to do. I would like to make it a business account, ho...
Lior Zilber
setting a bank account for outside US resident
Hi everyonei'm starting my investment's at the US and need help,does anyone know if and how it's possible to set up a bank account without being present at the moment(yet, a trip to the states is planned in several m...
Edmund Ricker
Bank that will open account for IRA/LLC
Good Morning Bigger Pockets:Can anyone recommend a bank to open a checking account for my IRA/LLC. I tried my local bank and they had no idea what I was talking about....I think they thought I was looking for a unico...