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 difference between actual third-quarter performance metrics (e.g., revenue, occupancy) and the projected or budgeted figures, highlighting deviations from expectations.
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A legal venue for resolving disputes, typically involving smaller amounts of money, that may arise between hosts and guests, such as property…
High-end or luxurious features and amenities offered in a short-term rental property to attract discerning guests.