Multiple Bank Accounts

[Chukwudi Motanya]

Hello Bigger Pockets,

I just got my 2nd house a few weeks ago and now trying to get the business management side of the process settled. I wanted to ask, for investors with multiple properties, do you keep a separate bank account for each property?

Thanks for your help,

Chudi

[Jacob Edmond]

I don't see anything from wrong with separate accounts for each house. I only have 1 rental property right now, but I have a checking account that is only used for that house. My tenant deposits her rent at the bank into that account, which is very convenient for me. It makes it very easy to track income and expenses for that house separate from everything as well.