Investment Properties and Checking Accounts

[Sean Steward]

I am currently brainstorming strategies and ways to get into REI and came across a question of, "when I buy an investment property or properties, and I'm not starting an LLC or corporation so I'm not opening a business account, would I need to open a separate personal checking account for my investments that's separate from my other personal account used for personal expenses?

[Sher J.]

 you can open a business account. Start by getting  an EIN (tax federal number) sole prop. Choose your bank, open a business account, use the EIN and begin running your business through the account.