The practice of allocating a portion of short-term rental profits back into the business, such as property improvements, marketing, or guest experience enhancements.
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Building and maintaining positive relationships with neighbors and the local community when operating a short-term rental property, addressing any concerns and ensuring…
A metric used by investors to assess the potential profitability of a short-term rental property, calculated by dividing the projected annual rental…
The recurring costs associated with running a short-term rental, including cleaning fees, property management fees, utilities, and maintenance.
Specialized software designed to simplify and automate various aspects of short-term rental management, including bookings, guest communication, cleaning, and finances.