I am currently brainstorming strategies and ways to get into REI and came across a question of, "when I buy an investment property or properties, and I'm not starting an LLC or corporation so I'm not opening a busines...

I did some research on checking and savings account.  These are for people starting out without forming an LLC, but wants to keep their "business" separate from their personal.  If you have an LLC setup, you need to c...

Good evening BP members. I am going to purchase my first single family investment property within the next few months. I have money in a couple of different personal accounts that I want to use to purchase properties....

Interested in a balance transfer of funds from my business credit cards to a bank account for REI. Should these funds be drafted into a my personal checking account or into my business checking account?

What kind of checking account do I need for a rental property? Will it need to be a business checking account even if I don’t use a llc for the property or would I need a DBA? 

So what is the correct terminology when opening a business checking account when asked what I do?  When I answered "Real Estate Investments", it raised a red flag.  I never had this before in days past when I had busi...

Does anyone see any issues with tenants paying rent by making a deposit into my checking account at any of my local bank branches? I having been doing it for years with no issues, but I wonder if it is not a good idea...

Hi BP.  I just joined.  I'm a banker that helps real estate investors from around the country set up checking accounts for their Solo 401K/Self Directed IRA's.I reside in Denver Colorado but am able to help customers ...

I have all my investment mortgages on auto pay with my personal checking account which I like because I have plenty of buffer and don't have to worry about shortages from vacancy loss etc. However I just purchased my ...

I live in Nevada, and am investing in properties in Missouri.  I'm considering (really planning) on setting up a series LLC.  In my research, I had someone recommend having a separate EIN and checking account per prop...