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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A reservation for a single night at a short-term rental property.
Navigating the legal and regulatory landscape specific to short-term rentals, including local ordinances, licensing requirements, tax obligations, and safety regulations.
Effectively recruiting, training, scheduling, and managing cleaning personnel to ensure consistent cleaning standards and a positive guest experience.
Inquiries from potential guests regarding a short-term rental property, typically covering details about amenities, location, pricing, and availability.