Bank Account setup (multiple accounts)

[Shawn Thomas]

I plan on owning multiple investment rental properties. I know for each you should at least have it’s own operating & reserve account.

However, do you create a bank account that I guess oversees all the specific operating accounts? Like a main business account. How do you guys setup your bank account structure?

[Moises R Cosme]

We have multiple accounts with the same bank; the bank allows us to label each account differently & gives us access to all through one online dashboard.  We keep a high enough balance where we avoid fees for the individual accounts.  I hope this helps!!!