The shared responsibility of tracking income, expenses, and generating financial reports for a short-term rental, often facilitated by property management software or collaborative spreadsheets accessible to both owners and co-hosts or property managers.
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A one-time fee charged to guests to cover the cost of cleaning the property after their stay. This fee is separate from…
The process of identifying and evaluating potential risks associated with short-term rentals, considering factors like property location, guest behavior, and local regulations,…
Ensuring guest security through features like outdoor lighting, security cameras, and secure locks provides peace of mind during their stay.
Targeted marketing efforts focused on reaching potential guests within a specific geographic area, utilizing local partnerships, community engagement, and location-based advertising to…