A metric used to measure the potential profitability of a short-term rental property, often calculated as the annual rental income divided by the property value.
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Byc-Yield Rate
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The process of determining the market value of a short-term rental property, considering factors like location, size, and amenities.
Amenities listed in a property description that are so standard they are almost unnecessary to mention, yet often included for emphasis, e.g.,
The allocated amount of money set aside specifically for purchasing or upgrading furniture, appliances, and other decorative items for a short-term rental…
Measures taken to verify the identity and legitimacy of guests before confirming bookings to enhance security.