A financial metric used to evaluate the profitability of a rental property, calculated as the annual pre-tax cash flow divided by the total cash invested.
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Measures taken to ensure the safety of guests using pools, hot tubs, or other water features at a short-term rental property. This…
Effective and timely communication with guests throughout their stay, from pre-booking inquiries to post-stay follow-ups.
Key performance indicators (KPIs) used to evaluate the effectiveness and profitability of short-term rental agreements, such as occupancy rate, average daily rate…
Adhering to all local laws, regulations, and taxes related to short-term rentals, including permits, licenses, and occupancy limits.