Any payouts will be deposited directly to your Here account. If the property generates sufficient funds to make cash distributions, you will receive your pro-rata distribution quarterly within 45 to 60 days of the start of a new quarter. You can view the expected first payout date for each Here property on the property's Offering page.
On each payment date, an investor will receive their pro-rata share of booking income after deducting expenses, such as property management fees, asset management fees, property taxes, insurance costs, repair costs, any HOA fees, reserves for liabilities and contingencies (for example expected capital expenditures), and any other costs and expenses based on the investor’s percentage ownership.
There may be periods where a payout is not possible if the cash needed to fund costs plus cash reserves for liabilities and contingencies is greater than the rental income.