
If you operate a short-term rental, you know that your average nightly booking rate is crucial to determining how much you'll make from your property. That and the occupancy rate are essentially the only factors affecting your revenue, while your costs -- primarily a mortgage -- are mostly fixed. That's why increasing the nightly rate is key to maximizing your profit.
Keep reading to see 15 ways you can make more money from your vacation rental.
5 Stocks Under $49
Presented by Motley Fool Stock Advisor
We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.