Eric Dubrule
setting a bank account as a sole proprietor with a PM company.
I've purchased an investment property with a partner. We are on the deed as tenants in common and will split income, expenses and tax benefits 50/50. When we tried to setup a bank account with the property management...
Marc Shin
What is the best business banking account for out of state investor?
What is the best business bank account for out of state real estate investing? I need a business bank account that will allow me to track all my expenses easily for an out of state property. Thanks!
Forrest Soule
Do I need a separate bank account? 1st Time Landlord, Owner Occupy
Recent purchaser of a duplex I will be owner occupying. I plan on doing a lot of renovations as well. Should I set up a separate bank account for rent collection and renovation expenses? Is this typical? Thanks!!!
Oz Radiano
Opening a bank account for my LLC as an out of country investor
Hi all,In short, I want to open a bank account for my LLC and having difficulties as I live outside of the USA.All of the major banks I talked to (BOFA, Chase, JPMorgan) requires me to arrive to one of the branches, w...
Steven Kuehler
What do you do for EMD If buyer doesn't have a bank account?
What do you do for earnest deposit money If your buyer does not have a bank account?With online banking, it is not so uncommon for a buyer not to have a checkbook.What do you do for earnest deposit money If your buyer...
Michael Martorella
What type of bank account do you use? (buy and hold cash flow)
Curious what types of bank accounts you all use to hold your rental income and security deposits.Some context: I'm new here and am modeling out potential deals using IRR as one of my main signals. However, IRR assumes...
Devonte Thomas
How Would I Set Up My Bank Account When Owning A Rental Property?
I'm not quite sure on how to structure my bank account... currently I have a property account and a cash flow account, to separate the cash flow from the expenses, but should I be opening a business account and within...
Michael Coritz
What is the proper type of bank account to run my rental through?
Hey everyone - new investor with some basic questions. I know this probably sounds pretty elementary, thanks anyways!
I have one rental property that was purchased with a VA loan and was my primary residence for 15 m...
Gianluca Rossi
Do I need to create a company or separate bank account is enough?
Hi,We are closing on Friday on a property upstate that I would like to use as a vacation home and rent regularly through VRBO/Airbnb.I've read of the importance of keeping a separate bank account for our rental proper...
Patrick F.
Type of banking accounts & credit cards for managing first property and beyond
Hi All,I am looking to buy my first property as a short term rental townhome in South Bend. I am an out of state investor from Northern VA so I plan on using a property management company that pays me monthly after de...