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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A dynamic pricing strategy that considers factors like seasonality, demand, and competitor pricing to optimize rental rates for maximum revenue.
Marketing campaigns or discounted rates offered specifically during the off-season to attract guests and maximize occupancy during slower periods.
Recommendations and best practices for operating a short-term rental in an environmentally responsible manner, such as reducing energy consumption, conserving water, and…
A pre-defined agreement outlining the roles and responsibilities of property owners, co-hosts, or property managers in handling repairs and upkeep of a…