All Forum Posts by: Matthew Niemynski
Matthew Niemynski has started 2 posts and replied 37 times.
Post: Poconos STR - Thoughts?
- Wholesaler
- Philadelphia, PA
- Posts 39
- Votes 18
What is a "good deal" to you?
Post: Struggling to find a contractor in Philadelphia
- Wholesaler
- Philadelphia, PA
- Posts 39
- Votes 18
Quote from @Andrew DiDomenico:
Thanks for the advice. Lot of unavailability for people that have been recommended. We got burned by a GC (more time wasted than money) and so I wanted to see if anyone in the Philly area had a good lead for me. I have had some positive conversations today!
Post: AirBNB / VRBO - Pennsylvania, New Jersey, New York Best Locations
- Wholesaler
- Philadelphia, PA
- Posts 39
- Votes 18
Quote from @Chris S.:
Hi, I haven't posted in a pretty long time, but I figured I'd give this a shot. I'm wondering what the best locations are for AirBNB and VRBO in PA, NJ or NY. I'm looking for weekly rentals that have a good ROI. Any suggestions would be awesome. Thanks!
Hi Chris!
As, @Zeona McIntyre mentioned, Lake Harmony does really well for STR. Close access to lakes, ski resorts, casinos, and golf courses.
Also areas like The Hideout, Lake Ariel, and Lake Wallenpaupack are worth looking into also. Lots of demand near these lakes.
Hope this helps!
Post: Short Term Rental With land
- Wholesaler
- Philadelphia, PA
- Posts 39
- Votes 18
Hey Emma,
If you are interested in the Poconos, do some research on areas like Tobyhanna, Albrightsville, Jim Thorpe, and Long Pond.
Keep in mind that the township and, if the property is in an HOA, have to allow Short term renting.
Feel free to reach out if you have any questions or want more information!
Matt
Post: Poconos PA Short-Term rentals
- Wholesaler
- Philadelphia, PA
- Posts 39
- Votes 18
This time of year, usually early fall, you will find lower occupancy rates. Most vacationers are coming out for weekend trips. However, we will see a spike coming into the winter months when ski resorts start to open and blow snow.
East Stroudsburg and Stroudsburg have been tough with STR's. I know Middlesmithfield Township and Stroud township allow STR. Other than that it is pretty limited. A few of my clients bought str properties in Penn Estates and have made a killing just in the past 4 months.
If you are willing to expand your search area, Albrightsville, Lake Harmony, Tobyhanna, Jim Thorpe, Lehighton, and Long Pond have great opportunities for STR. The rules and regulations with Township and HOA are pretty lenient. The demand for vacation there is huge due to lakes, ski resorts, casinos, hiking, hunting etc.
If you want more information I would love to connect and give you some more detail!
Matt
Post: Short Term Rental in the Poconos
- Wholesaler
- Philadelphia, PA
- Posts 39
- Votes 18
Hey Peter, I live in the area and specialize in STR's and investment properties. Feel free to reach out if you want some more info.
Post: Has anyone ever invested in the Poconos area? Any suggestions?
- Wholesaler
- Philadelphia, PA
- Posts 39
- Votes 18
I have helped a few Airbnb investors start their profolios in the Poconos and many of them are making a killing. Specifically in the areas near the lakes. Stroudsburg, east stroudsburg, jim thorpe, albrightsville, lake harmony, mount pocono all are great opportunities to invest.
If you are interested, I think the Poconos is definitely worth looking in to. Feel free to reach out to me and I would be more than happy to give some more info.