The net amount of money generated by a short-term rental property after deducting all expenses, including mortgage payments, utilities, and management fees.
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The percentage of time a rental property is booked over a specific period, indicating its popularity and revenue potential.
Regularly adjusting your rental rates based on factors such as seasonality, demand, competition, and special events to maximize revenue.
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The terms and conditions that outline the cancellation options and potential penalties for both hosts and guests when booking a short-term rental.