We just closed on our first apartment complex. In the past we have done our own management. This 24 unit apartment complex is out of state. We have chosen a property management company we are comfortable with. The...
Any tips on opening a UK bank account without a UK address? I live in The Netherlands so traveling there wont be a issue. Any tips or advice appreciated.
I'm setting up my first bank account for REI. I have my LLC. I went to create a bank account for the LLC. I was asked what kind of business - I said real estate investing. Several more questions later I was ask fo...
Hey guysDoes anyone have a good recommendation on a bank to use for a business account. LLC is setup for a single family rental property. I live in the Northeast seems like TD may not be a bad option. I do use TD for...
Hello All
Do you create separate bank accounts for each rental property?
I am purchasing a 4 unit and was wondering how to set up the bank accounts for deposits, cash flow and expenses. I have heard of trust accounts and commercial banks....getting confusing. Thanks
Hi everyone!So there are two schools of thought with regards to both LLCs and bank accounts.Some people say an LLC per property, some people say a bank account per property...What about having multiple LLCs, but one m...
I am relatively new to real estate investing. I have flipped a few houses and have a 12 unit (low end) apartment complex. I would like to know how people, with multiple apartment complexes, set up their banking accoun...
Hey guys,
I have 3 properties on my LLC, i wanted to know, should i Open bank business account to pay property tax, insurance, property management and all other expanses ? Also to get monthly RENT from the renters
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Hi there BP nation. Looking to set up a bank account in Atlanta GA. Any recommendations for banks that are more suited/ familiar with Real Estate Investors? From large banks to small, as well as cross-boarder too.