A financial metric calculated by dividing the annual rental income after expenses by the total property investment, indicating the profitability of a rental.
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The process of meticulously optimizing short-term rental listings on platforms like Airbnb and VRBO, ensuring that all elements, including titles, descriptions, photos,…
Proactive communication initiated by a host or property manager to guests, such as pre-arrival instructions, local recommendations, and follow-up messages.
A collection of thoughtful gifts and essentials provided to guests upon arrival, enhancing their experience and making them feel welcome, such as…
The process of reporting income and expenses related to a short-term rental property on annual tax returns, complying with relevant tax regulations.