A metric used by investors to assess the potential profitability of a short-term rental property, calculated by dividing the projected annual rental income by the monthly mortgage payment.
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A standardized set of cleaning procedures that hosts or their cleaning staff follow between guest stays to ensure a hygienic and welcoming…
Implementing sound financial practices for tracking income, expenses, taxes, and generating reports to ensure profitable and sustainable short-term rental operations.
The selection and arrangement of furniture, decor, and accessories to create a welcoming and aesthetically pleasing atmosphere in a short-term rental property.
The approach and methods used to determine the optimal pricing for a short-term rental property based on factors like seasonality and demand.