A financial metric used to evaluate the profitability of a short-term rental investment, considering income and expenses.
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Understanding and adhering to local laws, regulations, and licensing requirements related to short-term rental operations. This may include obtaining permits, registering with…
A pricing strategy that appears successful in the short term but ultimately undermines profitability or long-term sustainability. This might involve consistently undercutting…
Some property management companies offer brokerage services to help owners buy or sell short-term rental properties. These services can include market analysis,…
A community-based program where residents, including short-term rental hosts, look out for suspicious activity and report it to authorities.