A measure of the profitability of a rental property, calculated by dividing the annual net income by the total investment and expressing the result as a percentage.
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A situation in a short-term rental where the safety or security of guests, property, or others is in immediate danger, justifying immediate…
A humorous term referring to the transfer of digital information physically, often via USB drive, between properties or to/from a management company,…
A marketing technique that combines geographic and demographic data to identify and target specific customer segments. Short-term rental managers can use geodemographic…
Establishing systems and protocols for routine maintenance, repairs, and upkeep of the property to ensure guest satisfaction and prevent potential issues.