The strategic approach to maximizing rental income by adjusting pricing based on factors like seasonality, demand, competition, and special events.
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Detailed information provided to guests about how to access the property upon arrival, including check-in procedures, key codes, and any special instructions.
Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine…
Equipping the property with modern and high-quality appliances, such as stainless steel refrigerators, gas ranges, and energy-efficient dishwashers.
Staying informed about and adhering to local laws, regulations, and tax requirements related to short-term rental operations in a given area.