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General Landlording & Rental Properties

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Ben S.
  • Investor
  • Birmingham, MI
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Property Accounting and Buildium Question

Ben S.
  • Investor
  • Birmingham, MI
Posted Aug 12 2020, 06:42

Hello,

We recently upgraded to Buildium as we are growing our portfolio and are under contract on a 40 unit deal.  For anyone who uses Buildium, do you collect all rental payments into one bank account through the tenant portal, or do you set up a bank account for each property?  (Experienced with real estate, new to accounting!)  Any insight on this is much appreciated.

Thanks!

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