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Hostfi Trust Vault Accounts are owned by property owners, but offer short-term rental property manager access for additional transparency, control, security, & insurance eligibility.
Hostfi is a financial technology company, not a bank. Services provided by the Stripe Payments Company with funds held at Evolve Bank & Trust, Member FDIC.
Use the slider below to see your total FDIC insurance for booking revenue from your managed properties based on your number of property owners with separate trust vault accounts using the standard $250K FDIC insurance eligibility limit per property owner.
Allow your property owners to create Hostfi Trust Vault accounts that can be insured up to $250K each thanks to our trusted partner bank instead of using one standard trust account for all owners.
Eliminate your trustee risk and offer real-time payout access to owners. Hostfi will auto-route booking payouts from sources like Airbnb, VRBO, and Stripe to the correct Trust Vault account, thanks to integrations with your property management system.
Property managers connect their Hostfi operating account to all their owner's trust vault accounts to allow for instant fund transfers for management fees, reimbursements, and guest refunds. Manager can review all transactions in their dashboard as well.
How to get started as a short-term rental property manager with Hostfi Trust Vault accounts.
In just 5-10 minutes, you can verify your identity and create an FDIC Insurance-Eligible Hostfi Operating Account, issue team and contractor Visa Commercial cards to manage expenses across all properties with no fees and cashback rewards.
Add your list of your property owners including their contact information and associated property names/addresses. Hostfi will invite them via e-mail with secure access codes.
Property owners each sign up online in 5 minutes for FDIC Insurance-Eligible Trust Vault accounts that are automatically linked to your Hostfi Operating Account. Booking payouts are then automatically routed into their Trust Vault Accounts. For property owners who have not created Trust Vault Accounts, Hostfi allows you to automatically default to standard trust accounts.
Hostfi Trust Vault Accounts protect you from a variety of potential current risks to your business.
Incoming payouts across Hostfi Trust Vault Accounts are insurance-eligible by the FDIC (up to $250k per owner with separate account) thanks to our trusted partner bank.
Every property owner has control over their own funds instantly on payout and managers do not run the risk of combining payouts between owners in one account.
Owners now have visibility into the most important source of truth for their property cashflow, their account where they store their funds.