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37
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13
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John Fider
  • Real Estate Agent
  • Harrisburg, PA
13
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37
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Each property with its own bank account?

John Fider
  • Real Estate Agent
  • Harrisburg, PA
Posted

I was watching this youtube video from a Canadian investor I like and he said... "Every property you buy better have its own bank account." I was like Whaaaattt?    Is that a thing that I've never heard of until now?  Does anyone else do that? 

I get how it can simplify accounting as each property is separated, but that just seems crazy to me. 

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