Refers to using rental income from platforms like Airbnb and VRBO to finance travel expenses for personal trips and vacations.
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An agreement where a property owner grants a single property manager or platform exclusive rights to market and manage their short-term rental.
Refers to short-term rentals that are directly managed by the property owner, without the involvement of a property management company.
Utilizing high-quality, professional photography to showcase the best features of a short-term rental property, attracting more potential guests and justifying higher rates.
Actively monitoring and responding to online reviews, addressing guest feedback, and maintaining a positive brand image.