Bryan Morgan
Joint Bank Account Required To Send Rental Income
My wife and I have a rental property in Indiana that we have had for 18 years. We recently closed our joint bank account that the property manager sent ach transfers for rental income to. We provided our new bank acco...
Andy Kaye
How come some tenants don't have bank accounts?
I am renting out my house, and noticed a few tenants put N/A on the application form where it asks for their checking / savings account.Aren't checking accounts free to open? What does a lack of bank account say about...
Ralph Patulot
creating a bank account for a house hack
Hi guys! im planning on buying my first property as a house hack .
is it advisable to open a new bank account prior to buying the property or wait after the purchase?
i know some say that you should seperate all tr...
Steven Cobb
Different Bank Account & LLC for Every Property?
Hey Everyone,Do you have a different bank account for every property, or do you have one account that holds all of your funds? I’m assuming if you just have one account that you would need to have a well documented sy...
Andrés Uribe
Opening business bank account un US from Canada
Hello again BP Forums!
I am wondering who is investing in the US from Canada, or abroad? I live in Canada and will invest into the state of PA remotely.
I need to know if there is a way to set up a back account for ...
Mark Jurgiel
Opening a bank account for a rental property
I have a 2 unit rental property that's under my name and currently I deposit the rent and pay all the expenses from my personal bank account. Is it worth me opening a business checking and savings account for just a 2...
Wen Guo
Bank account got frozen and cannot pay rent?!
Dear BP people I'll need your help on this-
I just purchased a rental, the tenant came with it. He works in hospital as nurse and seems to be a nice guy, he does has a bankruptcy history (home got foreclosed a few yea...
Nich J.
Bank accounts and credit cards for multiple properties
How do other investors organize banking transactions with multiple properties (single family, duplexes, 3/4 units)? Do you set up separate business checking accounts for each property or property class or do you run ...
Tom J.
LLC's and Bank Accounts for Property Management Company
Hi All,Currently I am a Property Management Company with 20 units that I manage. At years end I will be forming an LLC and creating new contracts with the owners under the newly formed LLC.My plan is to just have 1 LL...
Jonathan B.
Multiple rentals in LLC multiple bank accounts, opinion?
Hi Guys,
Having several properties divided into several LLCs.. these LLCs are owned by a Parent LLC, which is owned by a partnership.
LLLP -> Holding LLC-> Rental LLC1/ LLC2 / LLC3
All income/expenses are f...