A measure of the profitability of a rental property, calculated by dividing the annual net income by the total investment and expressing the result as a percentage.
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An official document issued by a local government that allows a property owner to legally operate a short-term rental.
Security measures and policies in place to safeguard both hosts and guests from fraudulent transactions and payment disputes.
The complete set of forks, spoons, knives, and other dining utensils provided for guests in a short-term rental.
Refers to the seamless integration between a property management system (PMS) and online travel agents (OTAs) like Airbnb and VRBO, enabling real-time…