Alejandro Aguilar
Investors joint bank account question and plan review
Hi all,I am getting organized to do flips. I was wondering if I could get some feedback on my plan. 1.I would get the private lender/hard money lender for funding.2. I can calculate project cost as I am a GC. 3. I hav...
Naoko Potts
Tenant who does not have a bank account
My tenant just informed me that his bank account was hacked and he had to shut it down. He has been paying his rent through apartments.com but since they charge high fee for the credit card transaction, he is asking m...
Geraldine Kolesar
Pennsylvania Banks that Offer Tenant Security Escrow Accounts
We are in the process of renting out our first rental property and I am having a difficult time in locating a local bank (the property is located in Bucks County, PA and I am located in Central PA) that offers tenant ...
Eric Littlepage
rent collection software that allows multiple bank accounts
Hi,I've had a duplex that I've had a property manager manage for me, and it's owned in my name. I also just bought another property in the name of my LLC. I'm going to start managing both of these myself, but I need...
Justin Kushner
Starting Out Setup... Bank Accounts, Credit Cards, Etc.
Hello, BP Community!I am close to acquiring my first two SFRs in Alabama, and will be adding one in Indy shortly for a total of three.While this is very exciting indeed, I am now getting overwhelmed with the concept o...
Matt Ferch
Where do you have your business bank accounts?
Hello, I’m wondering what bank you use for your business bank accounts? Because of a variety of circumstances, I cannot use a credit union, it must be a national bank. Please provide any feedback that you have, thank ...
Sam Morgan
Can Bank Account for Security Deposit accrue interest?
Basic bank account structuring:Can Checking and Savings Accounts for individual properties be within the same institution from which I do my personal banking?If so, can the Savings Account for one property designated ...
Dylan Bruner
Private Lender, Bank, Lawyer, Accountant: Where to Start?
I just purchased my first home last year. This was not an investment property, just a place for me to rest my head. I had a goal to buy an investment property by the end of the year (or next year due to, well, you kno...
John O'Brien
Opening Separate Bank/Credit Card Accounts in LLC
I'm looking to set up a separate bank account for my first rental and was wondering if anyone had best practices to share? The property will be in an LLC. Ideally, I would love to set up an ally-type-account to hold t...
Vasilii Aramilev
Recommendations for the Bank to open LLC Account
Recommendations for the Bank to open LLC Bank Account, I mean bank who can lend you money in the future or maybe any other advise. I use Chase for another business but don't want to put all my eggs in one bucket