Carolyn Ivey
Do I need a seperate checking account?
My husband and I just closed on a house which we will be renting to our daughter and her family. I'm wondering if I should establish a separate banking account in which to make deposits and let the bank draft the mor...
Mitchell Behm
Best Checking/Savings for Real Estate Account??
Anyone have any suggestions on what checking and savings account to use for a real estate investing account? I want to keep my real estate money separate from my personal checking.Also, is it a good idea to accept re...
Alex Zuroff
Starting Out Nuts and Bolts - Checking account
I understand that I need to have separate checking/savings accounts for my REI activities for a variety of reasons. If I'm not going to be using an LLC to start, does that account need to be a true "business" account,...
Jayden Hamilton
I have 100k in my checkings account
I have 100k sitting in my checkings account doing nothing, I own 1 single family home that is completely paid off and I own a duplex that I owe 115k on. Should I buy more real estate with this 100k, or keep it as mone...
Jimmy S.
Do I need a business checking account?
I have 4 rental properties. I just use a separate bank account which is a personal checking account. I do NOT have my properties in a LLC.Should I have a business checking account or is a separate personal checking ac...
Justin Kushner
Business Checking Accounts, Credit Card’s & Logistics
Hello, BP Community!Okay- Here’s what I’ve got...Let’s say, for arguments sake, you’ve got 5 LLCs all holding SFHs. AL LLC 1AL LLC 2IN LLC 3IN LLC 4IN LLC 5Now let’s say you’ve got a WY LLC Holding Company, parent/pri...
Andy N.
How many checking accounts for your property?
I have a 48 unit property. I currently have two checking accounts. One is an operating account and the other is for deposits. I was curious how other operators manage cap ex reserves. Do you have these in a separa...
Jason Turo
Checking account - obviously separate personal from business
What are the risks / potential liabilities if we operated an LLC for rental properties but used a checking account strictly for business purposes in our personal names? We would obviously not use this account for any...
Joshua Sun
LLC / Business Checking Account on First Property?
I was wondering if it makes sense to open up an LLC after closing on a first property?Or would it be okay to simply open up a separate checking or business account to keep track of taxes at first. Do you even need an ...
Gp G.
free business checking account with zelle support
Any good free business checking account with zelle support for tenants to deposit money using zelle around Georgia state or online bank(local bank better)? I do not like conditions by bank to pay money every month or ...