A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
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Identifying properties with potential for profit by leasing them long-term and subletting them as short-term rentals on platforms like Airbnb and VRBO.
The process of creating highly realistic images or videos of a property using 3D modeling and rendering software. This is often used…
A predefined plan outlining steps to address urgent property issues during a guest’s stay, such as plumbing leaks, heating failures, or security…
Value-added offerings provided by hosts or property managers to enhance the guest experience, such as airport transfers, grocery delivery, or local tour…