A calculation of profitability that factors in all revenue and expenses associated with a short-term rental property, including mortgage payments, utilities, cleaning fees, and platform fees, providing a more accurate picture of the investment’s financial performance.
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A detailed document outlining the specific cleaning and sanitization procedures to be followed between guest stays, ensuring a consistently high level of…
Rules and guidelines imposed by local authorities or platforms like Airbnb and VRBO that govern the operation of short-term rentals, covering aspects…
Applying house rules, such as no smoking or pet policies, uniformly to all guests to maintain fairness and prevent misunderstandings or disputes.
Refers to the use of technology and software to automate various aspects of short-term rental management, such as guest communication, booking management,…