Some communities are more friendly to VRBO and Airbnb, others oppose the practice. Here is an summary drawn from various HOAs (Home Owner Associations) and township regulations. Last Updated: July, 2024 ARROWHEAD LAKE (Coolbaugh Township and Tobyhanna Township, PA) As one of the area's most recognized vacation home communities, Arrowhead Lake has a rich tradition of vacation rentals. There are...
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Short-term Vacation Rentals Matter in the Poconos For as long as there have been vacation homes in the Poconos, there have been vacation rentals and the vacation rental business is a big part of the ongoing prosperity of the region. With the rise of AirBNB, VRBO and other Online Travel Agencies, the visibility of the Poconos has grown beyond visitors and tourists, it has drawn the attention of people...
I am a realtor who specializes on helping people find vacation homes that they can use as a short-term rental. My clients range from young first-time real-estate buyers all the way to sophisticated investors who have large portfolios of income properties and support staff to guide their decisions. Often, I am asked to provide my opinions as to the state of the market and where I see things headed. With...
I get a lot of inquiries from people who have heard about the Poconos, but who have never been here. They understand that Poconos has a reputation as a vacation area, but are unsure of the draws, so here’s my spin. The Pocono Mountain region is famous as a vacation getaway with its natural scenic beauty, lakes rivers and activities. It can be peaceful, romantic or exhilarating. The...
Short-term Rentals (STR) in Pennsylvania are regulated by the local municipalities. Pennsylvania has three official forms of municipal governments, cities, townships, and boroughs. Municipalities have the right to restrict this use of a home through Zoning and they have the right to regulate STR through local ordinances and licensing processes. To give you a sense of the scale, there are 2,560...
Here’s my insight on the vacation home investment market in the Poconos, for early 2023. Inventory is tight, prices are creeping higher and there are more Airbnb listings in the Poconos than ever before. That said, the tourism industry in the Poconos is thriving, visitors keep coming in record numbers and the future looks bring, especially for those operating high-end properties. The regulatory...
An Insider’s look at investing in vacation homes in the Lake Harmony Area The Lake Harmony area has long been a popular Pocono vacation spot and for those who rent their properties, business over the past few years has been very good. The Lake Harmony area benefits from two nice lakes, two ski resorts, two golf courses, some nice restaurants, and a beautiful setting year-round. The Lake Harmony area is...
It seems that a growing number of investors and companies that support them are feeling very positive about investing in vacation homes in the Poconos and the future of Short-term Rentals in the region. Popular YouTuber Edward Lui states the Poconos are the Best Airbnb Market in the Nation, Airbnb put the Poconos in their Top 10 most profitable markets in 2021 and Evolve, the popular Vacation home...
Revised February 2023 There has recently been a rise in properties for sale that are described as “Turnkey STR,” a term that has come to mean a property that is fully operational as a short-term rental and being sold as a complete package. These are often properties that have recently been upgraded, are very tastefully designed and furnished, are licensed as STR, and that have been generating...
As a realtor who specializes in helping folks find vacation homes, I’ve gotten a lot of questions about the business of vacation home rentals. Here are some thoughts about the business of vacation home rentals. Are vacation home rentals in the Poconos a new thing? First, some history: much of what is referred to the as the Poconos was started in the 1960s and 70s when families started getting second...