Mastering the Poconos Market in Short Term Rentals

In this episode Jeremy is joined by Mark and Xander, two highly successful real estate agents from the Poconos. They delve deep into their personal journeys into the short-term rental (STR) market, share insights on regulations and market idiosyncrasies in the Poconos, and discuss tips for succeeding in the ever-evolving STR landscape. From winter tourism trends to the impact of amenities like pet-friendly yards and game rooms, the conversation highlights essential strategies for potential investors and existing property owners. They also touch upon their own successful investments and the importance of attentively managing properties, as well as insights into other areas like long-term rentals and commercial opportunities. 00:00 Introduction to the Podcast 00:22 Meet the Poconos Power Brokers 00:44 Getting Started in Real Estate 01:23 Navigating Poconos Regulations 03:36 Impact of COVID-19 on Real Estate 03:52 Poconos as a Prime Destination 07:39 Client Demographics and Investment Strategies 11:33 Creating Standout Rental Properties 18:08 The Importance of Amenities 24:47 Challenges and Opportunities in Property Management 26:00 High School Hustle 26:21 Generational Differences 26:43 Family Business Dynamics 27:24 Short Term Rental Market Insights 28:48 Investment Strategies and Opportunities 30:35 Personal Experiences and Unique Selling Points 32:06 Challenges and Success Stories 34:02 Real Estate Market Trends 39:34 Pro Tips for Short Term Rentals 49:30 Conclusion and Contact Information

Om Podcasten

The Short Term Rental Pro Podcast is dedicated to sharing knowledge, experiences, and actionable takeaways from those who have built successful short-term rental and Airbnb businesses. STR Pro aims to inspire and educate the next generation of successful STR investors. Our host, Jeremy Werden is the founder of several 6 and 7-Figure short-term rental businesses. Jeremy has a 25 listing Airbnb portfolio that brings in over $1,000,000 a year and has done so through using multiple Airbnb / short-term rental strategies such as buying properties, managing (a.k.a “co-hosting”), renting and subletting (a.k.a “rental arbitrage”), and glamping. He has built this business from the ground up in only a short couple of years. He also has a 7 unit boat rental fleet. In order to scale these businesses Jeremy has had to leverage other people’s money (OPM) and financing which he talks about during podcast episodes. Jeremy also is the Co-Founder of BNBCalc, the premiere software for analyzing and under-writing short-term rental investments that has thousands of users. He also started the BNBPro Mastermind, a tight-knit community of hosts building their Airbnb empires together. Jeremy regularly posts on social media and also received more than 50M views across platforms. Each episode, we delve into the stories and experiences of successful short-term rental hosts, and get insights on how they built their businesses from the ground up. We also talk to service providers who have built innovative tools that are helping hosts automate or enhance their businesses. Whether you're a seasoned short-term rental host or just starting out, this podcast is packed with valuable tips and strategies to help you grow your business and achieve success. Feel free to reach out to Jeremy on Instagram @jeremywerden