A type of trust where the assets are permanently placed under the trust’s control and cannot be modified or revoked by the grantor (the original owner) without the beneficiary’s consent. Sometimes used for asset protection in short-term rental ownership.
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Strategies for optimizing short-term rental pricing to maximize revenue, considering factors like seasonality, demand, and competitor pricing.
Performing necessary repairs, upgrades, and deep cleaning during the less busy months to prepare the property for peak season.
The process of predicting future demand for short-term rentals based on historical data, market trends, and other factors.
The normal deterioration or damage that occurs to a property over time due to regular use, often accounted for in security deposits…