The practice of allocating a portion of short-term rental profits back into the business, such as property improvements, marketing, or guest experience enhancements.
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A regular schedule for cleaning, inspections, repairs, and upkeep of the rental property to ensure guest satisfaction and prevent potential issues.
An initial payment made when purchasing an investment property for short-term rentals, typically a percentage of the total purchase price.
Strategies and techniques used by hosts to encourage guests to leave favorable reviews on platforms like Airbnb and VRBO.
Laws and ordinances implemented by local governments to regulate short-term rentals, addressing issues such as licensing, taxes, and permitted rental durations.