A type of mortgage where the interest rate fluctuates based on market conditions. This can impact short-term rental owners who use mortgages to finance their properties, as fluctuating interest rates can affect profitability.
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Any area within a property that can be rented out separately, such as a basement apartment, guest house, or even a converted…
Parking availability on public streets near a short-term rental property, which may be free or require permits.
Applying the Pareto Principle to short-term rental amenities, suggesting that 80% of guest satisfaction likely comes from 20% of the amenities offered.
A playful term referring to the iconic Hollywood sign when it is visible from a short-term rental property, often used as a…