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Results (10000)
Bellman Tumasang How do you collect rents?
27 January 2020 | 7 replies

Let’s say my property rent not NOI is $1m a year. All tenants pay online using an online service or app etc. I have a property management company that I pay 10% so $100k.As the property management company manages the ...

Matt Mertz Multiple Property Accounting
15 July 2023 | 6 replies

I'm about to get a second property online and wanted to keep the two properties in separate bank accounts.  I use OwnerRez and could probably set up another Stripe account for that property that deposits directly to a...

Michael Thomas Business account or Personal account
22 May 2021 | 18 replies

I’ve always had this concern do u need a business account bank account  or you can use your personal account bank to do real estate investing. Do u need a create a different account if u put a property under an entity?

Joe C. payment % record keeping
5 May 2022 | 2 replies

I have 2 properties where I require rent to be paid by ACH. The tenants started paying by Zelle.I've always had all transactions coming from one bank account but that bank account does not accept Zelle. The money come...

Larry Ott Tenant deposit rent check?
28 December 2023 | 10 replies

I currently self manage my properties. I just have four. I am planning leave town for a couple of months this winter, has anybody had any experience with just giving tenants deposit slips and allowing them to deposit ...

Janna Afanasjeva Chicago security deposits - is business account enough?
9 July 2024 | 5 replies

For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-...

Aaron J Randolph Anyone use rentredi for PM? Tenant can not make payments
1 October 2021 | 3 replies

My renter keeps getting the same message that his account needs to be reconnected. He is also saying it won’t let him enter a dollar amount.

Kristen Bouvier Scoville LLC vs S-Corp/ Too many Properties Rentals?? CPA - Tax Attorney
11 March 2019 | 24 replies

Could use some Tax Attorney or CPA advice! Here's what I have.. My husband and I live in a small Western New York College Town. We currently own over 20 properties primarily Student Rentals; 1- (6 unit 1bd), 1-(3 bldg...

Vernon Trice III How to structure multiple SFR accounts
29 July 2019 | 2 replies

Hey BP. Wanted to ask how experienced investors set up owning multiple SFR in terms of bank accounts. Is there one bank account with multiple checking accounts attached to it or just multiple banks with multiple accou...

Sarah Acosta 1st Rental Property Advice
18 March 2020 | 4 replies

My husband and I just closed on our first rental property last month.  We are wondering from a financial standpoint, should we open a business bank account or just a superare personal bank account to keep all finances...