Apologies if this topic has been covered before, but I've done a search and couldn't find any info readily available.
I have 5 BTL properties which are currently let, but have no proper bank account "system" in place when it comes to receiving rent and paying out mortgages and expenses, so I find that I'm losing track of my expenditure and income for each property.
Do people generally have a single bank account per property, or one general bank account for all properties (for those who have more than one)?
Appreciate anyone's input.
Ps I should also say that I do keep track by way of a separate Excel spreadsheet and have tabs for each property, but I find that only helps to a certain extent.