A measure of building density, calculated as the ratio of a building’s total floor area to the size of the land on which it is built. Relevant for understanding local regulations and potential rental income.
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Providing outdoor entertainment options for guests, such as cornhole, badminton, frisbees, or a designated play area, to enhance their experience.
The net amount of cash generated by a short-term rental property after deducting all operating expenses, including mortgage payments, utilities, and management…
The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and revenue potential.
The fluctuation of short-term rental pricing during the COVID-19 pandemic and its aftermath, often characterized by initial dips followed by significant increases.