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Real Estate Deal Analysis & Advice

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Elsa M.
  • Wheaton, IL
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Landlord paid expenses

Elsa M.
  • Wheaton, IL
Posted Dec 13 2017, 08:27

Hi everyone,  quick question, once the rent is paid, what do I do with the money from "variable landlord paid expenses" (calculated by BP rental property calc) like Cap Ex, repairs, vacancy etc..? Do I open a new account with my bank and keep the money there, separate from my current account?

Thanks

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