Welcome, I am Mark Shay, a realtor focused on investment properties and short-term rental business in the Pocono Mountains area.
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+ Revenue Estimate
104 Ridge Road
Locust Lake Village
4
3
Cap rate
2.39%
Occupancy rate
26.00%
+ Revenue Estimate
144 BIRCH DRIVE
Brier Crest Woods
3
3
Cap rate
3.60%
Occupancy rate
38.00%
+ Revenue Estimate
25 S Lehigh River Drive
Big Bass Lake
3
2
Cap rate
2.54%
Occupancy rate
39.00%
+ Revenue Estimate
1191 Chickadee Drive
Stillwater Estates and Lakes Civic Assn
4
3
Cap rate
9.09%
Occupancy rate
45.00%
+ Revenue Estimate
557 Lakeside Drive
Penn Estates
4
3
Cap rate
2.57%
Occupancy rate
40.00%
+ Revenue Estimate
5155 Hounds Ear Road
Pocono Farms
5
4
Cap rate
6.76%
Occupancy rate
38.00%
+ Revenue Estimate
56 Estates Drive
Lake Harmony Estates
8
5
Cap rate
-0.09%
Occupancy rate
38.00%
+ Revenue Estimate
795 Clearview Drive
Emerald Lakes
4
3
Cap rate
4.90%
Occupancy rate
34.00%
May 01, 2024
Lately I’ve been hearing that the STR business in the Poconos is down and that the market is oversaturated. Some of my clients are doing quite well, some not as well as they hoped. It’s a good time for a deeper discussion about the potential to operate a profitable STR in the Poconos. According toContinue reading "Can You Still Make Money with Short-term Rentals in the Poconos?"
The post Can You Still Make Money with Short-term Rentals in the Poconos? appeared first on Pocono Vacation Home Sales & Short-term Rental.
April 06, 2024
There is both an art and a science to running a STR. The Art involves design of the property and the marketing that sets expectations. The Science looks at the data generated by the AirBnB, VRBO and other directory sites as well as what is reported by other analytics tools. I believe that half ofContinue reading "The Business of Estimating STR Income"
The post The Business of Estimating STR Income appeared first on Pocono Vacation Home Sales & Short-term Rental.
March 28, 2024
On March 7, 2024, the picturesque Camelback Resort in Tannersville, PA played host to the first-ever Poconos STR Conference, marking a significant milestone for the Poconos Association of Vacation Rental Owners (Poconos VRO), the local industry trade association. Co-sponsored by the Pocono Mountain Visitors Bureau (PMVB) and the Pocono Mountain Association of Realtors (PMAR), thisContinue reading "Poconos STR Conference 2024 Raises Awareness and Gives a Boost to the Poconos Vacation Rental Industry"
The post Poconos STR Conference 2024 Raises Awareness and Gives a Boost to the Poconos Vacation Rental Industry appeared first on Pocono Vacation Home Sales & Short-term Rental.
March 19, 2024
On March 18, 2024 in a packed township meeting, the Tobyhanna Township Board of Supervisors voted 3 to 2 to Cap the number of STR licenses at a number that equals 12% of the number of homes. The Cap was originally proposed at 10% but in the discussion portion of the meeting the administrative staffContinue reading "Tobyhanna Township Adopts a Cap on Vacation Rental Properties"
The post Tobyhanna Township Adopts a Cap on Vacation Rental Properties appeared first on Pocono Vacation Home Sales & Short-term Rental.