Articles

The seller’s market may be over, and a balanced market may finally be here in the Poconos Vacation Home Market. The economic data of the nation’s economy points us to a “soft landing” as interest rates are declining ahead of what is predicted to be official cuts and the rapidly escalating home prices have plateaued.Continue reading "Pocono STR and Vacation Home Real Estate Market Update – Fall 2024"

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There has been two significant win in Commonwealth Court in a case called Ruffled Grouse Ridge Owners Association versus Charles Hura. The second in a case called L. Chan; et al. v. The Assoc. of Property Owners of The Hideout, Inc. In both cases, HOA’s were determined to have gone well beyond their founding authorityContinue reading "Short-Term Rentals Win Two Big Victories in Pennsylvania’s Commonwealth Courts"

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Tourism is synonymous with the Poconos. It has been a catalyst for much of the growth in the region including good paying jobs, a resilient tax base and preserving the natural character of the area. It is hard to ignore the impacts of the tourism industry across the spectrum. Revenue, Jobs and Local Business SupportContinue reading "Let’s all be Good Neighbors to our Vacation Rental Guests"

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Mention HOA and many people think of cumbersome regulations, restrictive committees and added expenses. Here in the Poconos, we have our share of these, but we also have many communities which were built as vacation/resort communities and the HOA serve to bring attractive amenities and a pleasant vacation experience for homeowners and guests. As aContinue reading "Top 10 STR-Friendly Communities in the Poconos"

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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?"

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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"

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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"

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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"

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As a realtor who specializes in helping people find vacation rental properties, I see a lot of interesting interpretations of the rules which is one of the primary reasons we have so many rules. You should assume that to operate a vacation rental or short-term rental in the Poconos, you will need a municipal license.Continue reading "Getting it Right – The Quirks Around STR Occupancy Limits"

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It’s an age-old debate about investing, it is an art, or is it a science? When it comes to the science, good investors have data. One way to get data is to go to Airbnb, VRBO and others, search for properties, look for ones similar to what you are seeking and gather rate information firsthand.Continue reading "STR Analysis – Running the numbers"

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