A measure of the profitability of a rental property, calculated as the annual rental income divided by the property value.
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An additional charge applied per person beyond the maximum occupancy stated in the listing.
In a vacation rental context, an anchor tenant refers to a long-term guest who provides consistent income, often during the off-season or…
The consistent tracking of rental rates across multiple booking platforms (e.g., Airbnb, VRBO) on a weekly basis to ensure pricing consistency and…
Staying informed about and adhering to local laws, regulations, and tax requirements related to short-term rental operations in a given area.