Managing Multiple Bank Accounts as You Grow Your Rental Portfolio

Managing your rental portfolio’s finances can turn into a real hassle when you’re constantly logging into different bank accounts just to see balances or move money around. Each bank login and cash transfer adds up, and before you know it, you’ve spent more time resetting passwords than focusing on your next deal.

And let’s be real, it only gets worse as your portfolio grows . More properties, more accounts, more headaches. The constant back-and-forth between banks to shift funds eats away at your day when you’d rather be focusing on growing your investments. Keeping your cash organized shouldn’t be this much work.

Your Fragmented Banking Setup Is Costing You Deals

When your finances are scattered across multiple banks and accounts, managing them can become a full-time job.

Fragmented financial data can lead to poor decision-making simply because you don’t have a clear overview of your portfolio. Are you optimizing your cash flow? Are funds sitting idle in low-interest accounts? Or worse… did you lose out on a deal because it wasn’t clear how much cash reserve you had?

Without centralized control, making strategic decisions becomes guesswork. A unified financial dashboard not only saves time, but it also ensures you’re making data-driven decisions that help your portfolio grow efficiently.

Release Makes Banking as Easy as Checking Your Email

When you get to 10+ doors, you need a better solution. Release helps multifamily owners:

• Manage multiple accounts with a single login - without switching banks

Forget the hassle of juggling numerous logins. Release brings all your financial accounts together in a single, user-friendly dashboard. Log in once, and see everything—every balance, every transaction, all in one place. This unified view gives you instant clarity on your rental portfolio's financial standing.

• Seamlessly fund transfers between accounts and entities

Need to move funds from one bank account to another? Do it without the usual headache. Transfer money between accounts and entities effortlessly from your Release dashboard. No more logging into different bank portals or dealing with transfer delays. It's smooth, quick, and saves you precious time.

• Automate cash sweeps into high-yield interest accounts

Stop letting your money just sit there. Release automatically sweeps excess cash into high-yield interest accounts based on rules you set. This means your idle funds start earning more passive income without you lifting a finger. It's like putting your money on autopilot, ensuring it works as hard as you do.

• Free wires and no minimum balance fees

The last hassle you need is calling up your banks to try to get those annoying fees removed. With Release, you never have to worry about paying for wires/ACH or making sure there is a minimum balance in any of your Release accounts.

• Open accounts in less than 5 minutes

What’s worse, setting up a new bank account or going to the DMV? For us, it used to be setting up a new account. But think again. With Release, you can get started in just five minutes. There's no need to switch banks or endure lengthy setup processes. It's free to use, and you won't have to deal with any tedious paperwork or in-person visits.

Stop wrestling with out-of-touch, time-sucking traditional banks. Banking with Release means streamlining your workflow so you can focus on what truly matters—growing your investment portfolio. 

Learn more about how Release can transform the way you handle your rental portfolio finances by visiting Release Banking.

Release is a financial technology company and not a bank. Banking services provided by Regent, Member FDIC.