A budgeting method where every dollar of income is allocated to specific expenses, ensuring comprehensive financial planning for short-term rentals.
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Using software to automate guest communication, such as sending check-in instructions, answering FAQs, or requesting reviews.
A type of insurance policy specifically designed for short-term rental properties, covering potential risks such as property damage, liability, and loss of…
A type of furnished, short-term rental typically used by business travelers, often managed by specialized companies.
Direct costs associated with providing short-term rental services, such as cleaning supplies, toiletries, and utilities, used to calculate profitability.