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Updated almost 5 years ago,
Management Company Money Flow
I am starting a small management company and am wondering what the best practices are for cashflow for my properties.
Should I set up routing rules so the owners get a direct payout from AirBnB and I get a direct portion of their fee?
Or would it be better to have their payout come entirely to a bank account I have set up for them so I can deduct small expenses each month from their fees (ie, handyman visits?)
Or would it be best to have all their payouts go straight to their account and then invoice them or everything at the end of the month?
Then of course there are direct bookings and VRBO/BDC reservations that are processed through Stripe... So I could do a mix of ABB direct routing and then other platforms get invoiced. But that seems like a hassle...