The process of calculating the profitability of a short-term rental property by measuring the financial returns (rental income, appreciation) against the investment costs (mortgage, maintenance, fees).
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A pricing strategy where short-term rental rates are set lower than competitors to attract bookings and gain market share.
An individual who rents out their primary residence or a secondary property on a short-term basis infrequently, often for supplemental income or…
A legal document that grants someone else the authority to make decisions on your behalf, even if you become incapacitated. This can…
Connecting a smart thermostat system to the short-term rental property to allow for remote temperature control, energy savings, and enhanced guest comfort.