A financial metric used to evaluate the profitability of a rental property, calculated as the annual pre-tax cash flow divided by the total cash invested.
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Marketing strategies specifically targeted to potential guests in a very close proximity to the short-term rental property, often utilizing local events, attractions,…
Exploring multiple avenues for generating income from short-term rentals, such as offering additional services, experiences, or partnering with local businesses.
Having plans and procedures in place to handle emergencies that may arise during a guest’s stay, such as natural disasters, medical emergencies,…
Methods for granting guests access to the short-term rental, such as keyless entry systems, lockboxes, or on-site staff.