The net amount of money generated by a short-term rental property after deducting all expenses, including mortgage payments, utilities, and management fees.
Cash Flow
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Cash Flow
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The process of vetting potential guests before confirming bookings, using background checks, reviews, and communication to minimize risks.
Additional perks and conveniences provided to short-term rental guests free of charge, such as toiletries, snacks, Wi-Fi, or parking.
Implementing secure and convenient methods for key exchange, such as lockboxes, smart locks, or personalized instructions, to ensure smooth guest arrivals and…
A plan for incorporating longer-term stays (typically 30 days or more) into a short-term rental business model, often to balance occupancy and…