Tools like Microsoft Excel or Google Sheets used for managing bookings, tracking expenses, and analyzing financial performance of the rental business.
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A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
Regular maintenance tasks performed on a recurring schedule, such as monthly HVAC inspections, quarterly gutter cleaning, or annual appliance checks.
Staging and presenting the property in its best light through professional photography, virtual tours, and detailed descriptions.
Marketing efforts focused on reaching specific groups of potential guests based on demographics, interests, travel behaviors, or other factors, to increase booking…