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Pocono STR & Home Conference is coming Saturday, August 24, 2024

Whether you are new to short-term rentals or an experienced owner/operator, you should benefit greatly by attending the Pocono STR & Home Conference on August 24, 2024. Here you can meet vendors, service partners and key movers and key influencers in the Poconos vacation rental market. The conference features an exhibit hall where you can get better acquainted with the services and tools to help your...

Short-Term Rentals Win a Big Victory in Pennsylvania’s Commonwealth Courts

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 an owner’s association regulatory powers. The association...

Boutique Hotel – STR Super Property for Sale in the Poconos

The Pump House Inn, a Pocono landmark since 1906 has been renovated and is ready for a visionary owner to make this a super property as a Short-Term Rental or turn it into a unique hospitality or event venue. With 16 bedrooms, 11 full baths spread over 3 buildings totaling 11,500 finished, above ground square feet on 3.6 acres, the possibilities are endless. The property is located near the storied...

Can You Still Make Money with Short-term Rentals in the Poconos?

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 to the Poconos Visitor Bureau, tourism continues to grow in the region with visits up (two percent by the...

The Business of Estimating STR Income

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 of a property's earnings comes from the property itself, and half comes from operations, so data can be skewed...

Poconos STR Conference 2024 Raises Awareness and Gives a Boost to the Poconos Vacation Rental Industry

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), this event aimed to unite the...

Tobyhanna Township Adopts a Cap on Vacation Rental Properties

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 staff of the township suggested that the township was very close, even over the 10% level, thus 12% emerged....

Getting it Right – The Quirks Around STR Occupancy Limits

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. It is very rare that a municipality in this tourist area doesn’t identify where STR is...

Top 10 STR-Friendly Communities in the Poconos

Top 10 STR Friendly Communities in the PoconosMention 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 a real estate...

Pocono STR and Real Estate Market Update – Winter/Spring 2024

Here some insight on the vacation home rental market and investment outlook for short-term rental properties in the Poconos for 2024. Overall Poconos home sales are down, home sale prices seem stable, total rental income is down slightly, and rental stays (nights booked) are holding steady. When it comes to homes for sale, we are seeing a bifurcated market with some homes selling in 5 days, and others...

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