An official document issued by local authorities granting permission to use a property for short-term rentals in compliance with zoning regulations.
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The practice of adjusting rental prices in real-time based on factors like demand, seasonality, and competitor pricing.
Refers to properties with multiple units rented out individually, such as apartment buildings or condominiums, often managed by a single host or…
Regularly surveying the pricing strategies of comparable short-term rental properties in the same market area on a weekly basis to stay informed…
A metric used by investors to assess the potential profitability of a short-term rental property, calculated by dividing the projected annual rental…