How I Handle Payouts As A Co-Host

[Bailey Kramer]

Everyone handles their payout process with homeowners differently. Below is what works the best for me. 

1) The booking platform deposits the money into the owners bank account after each booking. I like doing it this way, as the homeowner can use those payouts to pay their mortgage and other house related expenses 

2) Then at the end of the month, I  send an owners report breaking down the revenue and expenses (and how much my cut is) 

3) After the homeowner receives the invoice, they will send payment