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 Landlording & Rental Properties
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 over 3 years ago on . Most recent reply

User Stats

13
Posts
9
Votes
Robert Ortiz
  • Attorney
  • San Diego, CA
9
Votes |
13
Posts

Bank account strategy for multiple rentals properties

Robert Ortiz
  • Attorney
  • San Diego, CA
Posted

Hi BP Family,

I had a question about bank accounts for rent collection. I recently purchased two rentals and I have a third under contract. I have my personal checking accounts and business checking accounts for an LLC I created for business and real estate. Properties are all in my personal name. I'd like to have my business checking account show money coming in so I can build it up for credit/future loan purposes. Do you have the rent deposited into your personal checking account, one business checking account, or do you have individual business checking accounts for each property? Thanks for your advice.

Loading replies...