The portion of a short-term rental property’s value that the owner owns outright, calculated as the property’s market value minus any outstanding mortgages or loans.
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The total revenue generated by a short-term rental property in a year, before deducting any expenses.
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Upscale or luxurious amenities offered to guests for an enhanced experience, such as hot tubs, swimming pools, gourmet kitchens, or in-home entertainment…