We have quite a few costs that go in to operating our short-term rentals. Some of them are fixed, our mortgage or our lease payment for example, but most of them are variable. Meaning, most of our expenses will either go up or down and change over time. These are other expenses like housekeeping costs, maintenance costs, and perhaps one of the biggest, Utilities!
That's right, since we pay for our short-term rental guests utilities, these are one of our biggest costs. So this week we will take a closer look and recommend a few options you could use to cut these expenses down and put more money back in your pocket
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