The compensation paid to a property manager or management company for their services in overseeing the rental property, typically a percentage of the rental income.
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The percentage of time a short-term rental is booked over a specific period, indicating the property’s popularity and revenue potential.
Engaging in industry events, online forums, and local meetups to connect with other short-term rental hosts, learn best practices, and build relationships.
The process of researching and evaluating similar short-term rental properties in the same area to understand market trends, pricing strategies, and competitive…
Specialized insurance policies designed to cover the unique risks associated with short-term rental properties, including liability and property damage.