Updated over 9 years ago on . Most recent reply
How do you manage your cashflow?
I have a question for all of the landlord's out there. I just bought my 1st rental property. I plan on eventually putting my properties under an LLC. How does everyone handle their income? By that I mean, do you set aside your CapEx & Repair money in a business savings account, and then place your cashflow into your business checking account? Just wondering how I should structure the financials for this as I plan to grow it into a full time business within a couple years. Thanks!