In Greentown, Pennsylvania, short-term rentals are regulated under specific ordinances, but for those communities that allow them, such as some areas outside of restricted developments like Lake Wallenpaupack Estates, the sector is managed with clear guidelines and enforcement, ensuring a structured and compliant rental environment.
Thriving Short-Term Rentals in Greentown, Pennsylvania: A Promising Outlook
Despite broader market challenges, the short-term rental market in Greentown, Pennsylvania, is showing resilient performance. While national trends indicate a slight adjustment in the market, with occupancy expected to stabilize around 54.7% in 2024, similar to the previous year, local demand remains robust. Average Daily Rates (ADRs) are anticipated to see a modest increase of 2.1%, reflecting the area's appeal to travelers.
In Greentown, the regulatory environment, such as Ordinance #99 and its amendments, ensures a well-managed and compliant short-term rental sector, contributing to the stability and attractiveness of the area for both hosts and guests. With economic growth and domestic travel recovery driving demand, Greentown's vacation rentals continue to offer a compelling option for those seeking a comfortable and scenic getaway.
Short-Term Rental Regulations in Greentown, Pennsylvania for 2024
State and Local Taxes
- Short-term rental hosts must collect and remit a 6% state-wide hotel occupancy tax imposed by the state of Pennsylvania.
Local Ordinances
- Greentown, located in Greene Township, Pike County, is governed by Ordinance #99 – Short-Term Rental Ordinance, adopted on November 2, 2022, and amended by Ordinance #101 in December 2023.
Permit and Fees
- To operate a short-term rental, hosts must submit an application and pay the following fees:
- $500 payable to Bureau Veritas
- $200 payable to Greene Township
- $100 payable to Greene Township.
Renewal Requirements
- Each Short-Term Rental Unit must be renewed, and the annual fee paid before February 15th of each calendar year. Renewal is also required when any conditions of the rental governed by the ordinance change.
Compliance and Enforcement
- The township has contracted with Bureau Veritas for the enforcement of the Short-Term Rental Ordinance. Violations of the ordinance can result in penalties.
Zoning Restrictions
- Short-term rentals are subject to specific zoning restrictions within Greene Township. Properties must comply with the designated zoning districts as outlined in the ordinance.
Homeowner's Associations and Condo Boards
- Hosts must comply with any rules set by homeowner's associations or condo boards, which can impact the ability to rent out a property.
Landlord and Tenant Laws
- Hosts must be aware of and comply with the state's landlord and tenant laws, which can impact the rights and responsibilities of both parties in a short-term rental situation.
Annual Inspections and Maintenance
- Properties may be subject to annual inspections to ensure compliance with the ordinance and to maintain the property's condition.
Complaint Procedure
- A Request for Action Form must be submitted to report any complaints about a Short-Term Rental property.
Top Neighborhoods for Airbnb Revenue in Greentown, Pennsylvania
Why Greentown is Appealing
Greentown, Pennsylvania, is a lucrative destination for Airbnb investors due to its proximity to Lake Wallenpaupack and the Pocono Mountains, attracting tourists year-round for activities such as boating, fishing, and skiing.
Key Neighborhoods and Their Appeal
1. Lake Wallenpaupack Area
- Appeal: Properties in this area offer direct lake access, large decks, fire pits, and proximity to marinas for boat rentals. Homes like the "LAKE ACCESS LRG Lake View Ranch" and "Lake Access with a View Lake Wallenpaupack" are highly rated for their location and amenities, making them ideal for family vacations and outdoor enthusiasts.
- Revenue Potential: High demand and premium pricing due to the scenic lake views and recreational opportunities.
2. Delaware State Forest (Promised Land State Park) Area
- Appeal: This area is known for its spacious log homes, such as "Heaven's Haven Lake Wallenpaupack Loghome," which offer private bathrooms, fully stocked kitchens, and large decks with hot tubs. The proximity to the state forest and Promised Land State Park adds to the allure for nature lovers and those seeking a secluded getaway.
- Revenue Potential: The unique combination of luxury and natural surroundings attracts high-paying guests.
3. Greentown Community (The Escape)
- Appeal: This community features quaint cottages with lake access, open floor plans, and amenities like fire pits and grills. Properties such as "Lake Access with a View Lake Wallenpaupack" are favored for their private community amenities and scenic lake views.
- Revenue Potential: The community's amenities and lake access make it a desirable spot, leading to consistent bookings.
4. Areas Near Ski Resorts
- Appeal: Properties like the "Brand new one bedroom paradise" are close to several ski resorts, including Montage, Jack Frost, Elk Mountain, Big Bear, and Camelback. This makes them ideal for winter sports enthusiasts and those seeking a peaceful retreat away from urban areas.
- Revenue Potential: Seasonal demand from skiers and snowboarders ensures a steady stream of revenue during the winter months.
These neighborhoods in Greentown, Pennsylvania, are highly appealing due to their unique blend of natural beauty, recreational opportunities, and well-equipped accommodations, making them lucrative options for Airbnb investors.
Practical Tips to Run a Successful Short Term Rental Business in Greentown, Pennsylvania
To ensure the success and smooth operation of a short-term rental business in Greentown, Pennsylvania, several practical tips are essential. First, it is crucial to address noise regulations by informing guests about quiet hours through clear communication in the listing and a digital or physical house manual. This manual should also include detailed instructions, Wi-Fi passwords, and other essential information to make the guest's stay comfortable and hassle-free.
A simplified check-in process can significantly enhance the guest experience. Utilizing smart locks eliminates the need for physical key exchanges, allowing guests to check in seamlessly. Additionally, providing parking instructions with photos helps guests navigate the property easily, reducing potential confusion and complaints.
By implementing these measures, you can maintain a high standard of cleanliness, ensure quick response times, and secure positive reviews and repeat bookings. Building relationships with local businesses and offering amenities that align with the area's outdoor activities and small-town charm can further enhance the guest experience and promote the local economy.
Here is a brief list of house cleaning, repair, and maintenance providers in Greentown, Pennsylvania:
House Cleaning Services
- Affordable House Cleaning Options: Multiple services listed, starting at $17.00/hr, with options to search by rates, reviews, and experience.
- Homeaglow: Offers professional, affordable, and background-checked house cleaners, with a 3-hour clean starting at $19.
Repair and Maintenance Services
- Alexandrov's Home Repairs: Provides services including additions & remodeling, carpentry, cleaning & maid services, docks, doors, drywall & plaster, and flooring & carpet.
General Home Services
- Angi Listed Providers: Includes various home service professionals such as air duct cleaning, appliance repair, asbestos removal, awnings, and basement remodeling.
Short-Term Rental Management Fees in Greentown, Pennsylvania
In Greentown, Pennsylvania, managing short-term rental properties can incur management fees that typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often ranging between 20% to 30% of the rental income.
Basic services, such as co-hosting or a la carte options, may be less expensive but still significant. Additionally, hosts should be prepared for other fees, including those for cleaning, repairs, and design, which can be charged separately. For instance, some management companies may charge a cleaning fee that is passed on to the guests, while other costs like consumables and maintenance are factored into the overall management fee. Compliance with local regulations, such as those outlined in Greene Township's Short-Term Rental Ordinance, is also crucial and may involve additional fees and administrative costs.