A financial metric calculated by dividing the annual rental income after expenses by the total property investment, indicating the profitability of a rental.
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An online marketplace that connects vacation rental property owners or managers with potential guests seeking short-term accommodations.
A pricing strategy where hosts constantly adjust their rates up and down in response to competitor pricing and demand fluctuations.
The process of projecting future financial performance by estimating revenues, costs, and expenses, enabling hosts to make informed business decisions.
A comprehensive list of local rules, permits, and regulations applicable to short-term rentals in the specific area, ensuring legal operation of the…