Jakob Claret
Business Checking Account vs Regular Checking Account
I'm looking to get started in Real Estate and Bigger Pockets recommends getting a business checking account for each property you have in order to keep the accounting nice and clean.When I went to sign up for said acc...
Luis Joseph Hernandez
Savings accounts checking accounts
For find purposes in flipping houses is it better to have your money all in one bank in the savings account or spread through a few other banks?
Tyrus Hampton
Banking Accounts / Checking Accounts
hey, what's the best setup for bank accounts for rentals? I do know some people suggest having multi checking accounts for long rental properties. What do you all suggest is the easiest and more effective setup?
Mark Gruetzmacher
Bank Accounts / Checking Accounts
What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
Omri Liba
Checking Accounts
Hello All,We are about to open a Business Checking Account for our LLC that will be dealing in mortgage note investing, and are wondering which bank to open it with.Do you have any recommendations regarding which bank...
Tom Chen
HELOC / checking account
Hi Everyone,
Recently I listened to a podcast with Clayton Morris (not a BP podcast, I know...FOR SHAME!) and he mentioned a strategy about using your HELOC as your main checking account.
Having your paychecks goin...
Sheryl Griffin
Business checking account
So what is the correct terminology when opening a business checking account when asked what I do? When I answered "Real Estate Investments", it raised a red flag, and it goes to the Legal Dept. for review. I never h...
Sue Ma
Business checking account
Hi all,
I'm curious to know which bank you have a business account with for handling your rental property transactions. I usually use Chase but recently moved my properties under an LLC series and Chase does not do ...
Toby Gingold
LLC's / Checking Accounts
Hi All, I am in the process of closing on two SFR's in upstate NY. I am putting them under the same LLC. I was wondering if I could get some advice about the following:1) How should I set up bank accounts for these? 2...
Yi Chu
Business Checking Account
When you open a business checking account, you have to transfer a certain amount of money to the business account to avoid monthly fee. Let's say $500. This comes from your personal account, not from business operatio...