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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
21 Sassafras Road
Split Rock and Lake Harmony
3
2
Cap rate
2.76%
Occupancy rate
39.00%
+ Revenue Estimate
7134 Sunset Lane
Stillwater Estates and Lakes Civic Assn
3
2
Cap rate
8.26%
Occupancy rate
46.00%
+ Revenue Estimate
104 Tumbleweed Drive
Emerald Lakes
4
3
Cap rate
3.92%
Occupancy rate
35.00%
+ Revenue Estimate
1694 Stag Run
Locust Lake Village
4
2
Cap rate
4.33%
Occupancy rate
27.00%
+ Revenue Estimate
8209 Pine Grove Drive
Penn Estates
3
2
Cap rate
3.28%
Occupancy rate
40.00%
+ Revenue Estimate
47 Lupine Drive
Lake Harmony Estates
3
2
Cap rate
2.83%
Occupancy rate
39.00%
+ Revenue Estimate
33 Down Hill
Boulder Lake Condos
3
2
Cap rate
4.47%
Occupancy rate
39.00%
+ Revenue Estimate
957 Sir Lionel Court
Not in a HOA
4
4
Cap rate
-0.07%
Occupancy rate
27.00%
July 22, 2024
There has been a significant win in Commonwealth Court in a case called Ruffled Grouse Ridge Owners Association versus Charles Hura. Ruffled Grouse Ridge is a small community in the northern part of the Poconos, in Lakeville, Paupack Township, Wayne County. Homes here have a restrictive covenant tied to their deeds which includes giving anContinue reading "Short-Term Rentals Win a Big Victory in Pennsylvania’s Commonwealth Courts"
The post Short-Term Rentals Win a Big Victory in Pennsylvania’s Commonwealth Courts appeared first on Pocono Vacation Home Sales & Short-term Rental.
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.