The mathematical formula used to determine the dwell ratio, dividing the average property purchase price by the average annual rental income.
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Describes the approach of carefully selecting and presenting every aspect of the short-term rental experience, from furnishings to amenities, to create a…
Online marketplaces like Airbnb and VRBO that connect hosts with potential guests seeking short-term accommodations.
Extreme cases of guest misconduct that result in significant damage to the property, requiring extensive repairs, legal action, or insurance claims.
A detailed examination of a rental property before, during, and after a guest’s stay to assess its condition, identify any necessary repairs…