Where is the best place to store money from tenants? should I invest that money into stocks, regular banking account, High yield savings account?
Hey folks, I have what should be a quick question. I currently have a bank account for just the business, but now that I've scaled the business I have an LLC, although the account isn't tied to the EIN yet. I have to ...
This is a new one for us.We received a notice from Flagstar stating that starting in January 2021 they will no longer be accepting mortgage payments from business accounts. We set up business accounts for each of our ...
Hey Yall, I was just wondering what banks yall were using for your Real estate investment LLC's? If someone can get back to me that'll be great!
Happy Friday BP crowd! I'd love to hear everyone's practices in regards to managing multiple rentals when it comes to banking/accounting. Do you run each property separately in individual LLCs/bank accounts? Do you ha...
So I am in contract on my first rental property. I went online and created an LLC with me and my wife as the members. I am hearing that insurance is more expensive when the property is llc owned and since I signed per...
Hey everyone
I own a rental business in Ohio, while having a Mercury bank account for the LLC.
Was wondering, How can I start building my private Credit Score?
Will I need to open a private banking account? If so, ...
Tell me what bank you use for your business account and why you chose that particular bank.
When opening a separate account at the bank for rental deposits, rent, and expenses are you opening an actual business checking or are you opening a personal/general checking and calling it your "business" account. K...
If I add my son as a signator on my bank account, does that automatically make it a "joint account"?