Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

74
Posts
18
Votes
Kyle Kline
18
Votes |
74
Posts

How do I organize my property funds?

Kyle Kline
Posted

Hello,

I am hoping to gain some insight as to how best to organize funds for different uses and/or properties. More specifically, my questions would be:

What type of account(s) do I put the money I save for maintenance, vacancy, capital expenditures, etc. into?

Should I have a separate account for each of these categories or keep them all in one account?

Should I have separate accounts for each property?

Should I use the same bank for all of these accounts?

I appreciate any insight and advice anyone is able to provide!

Most Popular Reply

User Stats

400
Posts
314
Votes
Jonathan Bock
  • Financial Advisor
  • Bryn Mawr, PA
314
Votes |
400
Posts
Jonathan Bock
  • Financial Advisor
  • Bryn Mawr, PA
Replied

@Kyle Kline

Don't over complicate it less is more 

business profile image
Impact Advisors Group

Loading replies...