On each payment date, investors will receive their pro-rata share of booking income, after deducting expenses, including property management fees, asset management fees, property taxes, insurance costs, repair costs, HOA fees, and reserves for liabilities and contingencies. There may, however, be periods where a payout is not feasible, such as when the rental income falls short of the funds required to cover costs and cash reserves for liabilities and contingencies.
Updated over a week ago