A metric used to evaluate the profitability of a rental property, calculated by dividing the annual rental income by the property’s purchase price or market value.
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The phenomenon of people moving away from major cities to seek a quieter lifestyle, often in rural or suburban areas. This trend…
Adhering to all local laws, regulations, and ordinances governing short-term rentals, including permits, taxes, safety standards, and occupancy limits.
A document provided to guests upon arrival that outlines helpful information about the property, local area, and house rules.
A strategy where hosts purchase or rent properties in areas with lower property prices but high short-term rental demand, aiming to maximize…