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