Scott McLaughlin
Type of bank account to use when starting out
hello. Any recommendations on the Type of bank account to use when starting out for the first deals. Thought I'd open another personal bank account and then consider other types after my first deals.
Alexi Schreier
Anyone using online banks for rental property business account?
Hey all,I'm in the process of buying a home in a different state from where I live and would like to keep my personal funds separate from my rental funds. I'm looking at different options for opening a business checki...
Jeffrey Jewitt
Recommendations for Banks that offer Solo 401k Checking Account
Hi,I've been having a difficult time finding a bank that will open up a checking account under my plan name and EIN number associated with my Solo 401k plan. Most banks either want me to open up a brokerage account or...
Eugene White
How do you manage your personal finical bank accounts.
I have one property that I'm using the BRRRR Method on and as i am getting closer to renting it out. I'm little confused on how to manage my finical accounts as i scale up. Do i have a separate account for each home o...
Andrew Burrell
Best Bank Accounts/Credit Cards for Investors Starting Out
Hi all,I recently purchased my first investment property and want to set up a separate bank account for my real estate specific expenses/income. Does anyone have any bank accounts they recommend to open up, as well as...
Loren Becker
Best way to deposit 300k into a bank account
Hello experienced flippers. I just flipped my first house and had a sizable check from escrow. I deposited into my business bank and they put a long hold on the deposit.What is the best way to deposit these sizabl...
Harry Williams
Do yo need separate bank accounts per property LLC?
A business partner and I plan to own multiple multi-family properties. We will start with one in 2019 and, hopefully, add 1 property each year for the foreseeable future. Each property will be owned by separate indepe...
Saran Mandhadapu
How to setup parent and subsidiary business bank accounts?
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
Hilda Sandoval
Rent Collection Apps and Managing Multiple Property Bank Accounts
Hello Everyone!
I am excited to share some news with you—I recently purchased my first rental property last week, and I'm currently conducting viewings for a second one! As a new landlord, I am eager to learn from yo...
Daniel Kong
Out of State LLC - Where to open Bank Account?
Hello. So I live in Hawaii, but recently purchased a rental property in Indiana. I plan to transfer the property into my Indiana LLC. My question is, should I open my business bank account in Indiana, or can I registe...