Don't let sunk cost sink your success #shorts #shorttermrentals #airbnbtips #realestateinvesting

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Short Term Rental Riches

Pricing & Profitability
intermediate
Profitability
Expenses
Team Management

Summary

The host explains sunk costs in economics as it relates to short-term rentals. A sunk cost is when someone continues to put time and money into something they've already invested in, even though they are not receiving any benefits from it.