Researching and understanding the local short-term rental market, including competitor pricing, occupancy rates, and guest demographics.
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A metric used to assess the spaciousness and comfort of a short-term rental property, calculated by dividing the total square footage by…
Ensuring the collection and remittance of applicable occupancy taxes, such as hotel taxes or transient occupancy taxes, to local authorities.
Purchasing and operating short-term rental properties in locations different from the investor’s primary residence.
A plan for responding to guest reviews in a timely and professional manner to address feedback, resolve issues, and maintain a positive…