The process of vetting potential guests to minimize risks associated with property damage, noise complaints, or other undesirable behaviors.
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A charge levied by some property management companies or platforms to cover the administrative costs associated with managing a short-term rental property.
Software or features provided by platforms or third-party providers that use algorithms and market data to automatically adjust rental rates for optimal…
Implementing systems and procedures to ensure the consistent delivery of high-quality guest experiences, encompassing property cleanliness, maintenance, amenities, and overall satisfaction.
The net amount of money generated by a short-term rental property after deducting all expenses, including mortgage payments, utilities, and management fees.