The net amount of cash generated by a short-term rental property after deducting all operating expenses, including mortgage payments, utilities, and management fees.
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Utilizing software and tools like property management systems (PMS), channel managers, and smart home devices to automate tasks and streamline operations.
A luxurious amenity, particularly appealing in colder climates, where heating elements are installed beneath the floor to provide radiant warmth.
A smooth and efficient process designed to quickly familiarize new guests with the property, its amenities, and the surrounding area.
Managing short-term rental properties remotely, often using technology and local contractors to handle day-to-day operations.