Owner Management Power-Up Workshop
Summary
AI-generatedThis workshop teaches short-term rental property managers how to leverage Hospitable's owner management features. Learn to set up businesses, manage owners, configure commissions, automate payouts, generate owner statements, and utilize the owner portal for enhanced transparency and efficiency.
Key insights
Hospitable's owner management features are unlocked by creating a 'business' under the 'Operations' tab, which allows for organization and access to features like owner statements, a branded owner portal, automated payouts, and accounting for property managers.
Mistakes to avoid
Creating a single commission agreement for every owner is not recommended; it's more scalable to create standard agreement templates (e.g., standard, premium, light) and apply them as needed.
Tools & resources
QuickBooks Online Integrationtool
Hospitable offers a direct integration with QuickBooks Online to send journal entries for reconciliation of payments, payouts, and invoices, streamlining accounting processes.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial