Before you can start a short term rental business, you must first establish a solid business plan. A business plan can serve as a timeline or a roadmap for you to follow. It helps you organize your thoughts and determine what strategies will lead to success. Short term rental management is not an easy task. It requires a lot of...

Property management is an integral part of owning or renting a property. A property manager understands the needs of a tenant, responds to requests from tenants, and monitors activities in accordance with lease agreements. In addition, property managers must collect rent on time and perform preventive maintenance tasks. Ultimately, they must evict...

Before renting out your vacation home, make sure it meets basic living standards. Generally, vacation homes have sleeping and kitchen facilities, as well as bathroom facilities. Also, you need to use it for more than 14 days per year, or 10 percent of its total fair rental value. Vacation home rentals are also popular among short-term renters....