A measure of the profitability of a rental property, calculated as the annual rental income divided by the property value.
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The percentage of rental income or fixed amount a property manager charges for their services.
A charming term used to describe a short-term rental property’s kitchen that is fully equipped and homey, often featuring traditional decor and…
Regular assessments, conducted every three months, of key performance indicators like occupancy rates, booking trends, and revenue to inform business decisions.
Multiple sources of income generated from a short-term rental property, including nightly rates, cleaning fees, extra guest fees, and potential add-on services.