Establishing and maintaining clear, timely, and effective communication channels with guests throughout their stay, from booking to checkout.
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The process of determining the profitability of a short-term rental by subtracting expenses from revenue, expressed as a percentage.
Researching and obtaining necessary permits and licenses required for operating short-term rentals in a specific city, county, or region.
Specific lending criteria and considerations for obtaining a mortgage on a property intended for use as a short-term rental.
The process of tracking and analyzing income generated from short-term rentals, factoring in occupancy rates, average daily rates, and expenses.