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All Forum Posts by: Aj Kholi

Aj Kholi has started 1 posts and replied 4 times.

Originally posted by @Yahav B.:

Mine is specifically in East Stroudsburg PA. Bought another one in East Stroudsburg. Right now in the height of STR occupancies (due to COVID, travel issues by plane, etc) our occupancy is about 70-90% depending on whether we lower the price a bit to increase occupancy rates.

Hey yahav can you please tell me more about east Stroudsburg area I'm thinking to buy house there for STR

Originally posted by @Genny Li:

I'd be inclined to do it locally unless you have family down there that you visit.

Thanks for replying  no I don't have 
Originally posted by @Ryan Chatman:

@Aj Kholi short answer- Florida is almost always going to be better overall cash flow wise than the Poconos. You will likely see a higher rate of occupancy there. These are two markets that aren't at all comparable.

However, your cost of entry, and management will be easier for a Poconos location. Many people are making a good profits on Poconos STRs right now, so you can still find something well worth your while in the area.

You'll need to decide do you think you can manage an STR from a thousand miles away or is it easier for you to do that from an hour away. Also Florida is huge so you'll need to get specific on where you want to invest there and consider your budget.

Hope this helps you start narrowing down where you'd like to invest.

Thanks For replying back yeah that make  sense but I am wondering how much you have to spend for house to make it success

Where is the best place to buy STR investment between folrida or pa poconos and i live an hour way from the poconos but I still hesitant where the massive profits