What It ACTUALLY Costs to Run an Airbnb in the Poconos

[@samueleverett7387]

Morning, Shawn! Love your Poconos content. I bought and currently manage a vacation rental in Bear Creek Lakes, "The Retreat in Bear Creek Lakes!" in part to your video assessment of the area 2-3 years ago, so thank you! I also have PPL Electric and my bill last winter was between $600-$800 a month! Really ate up my reserves going into slow months January-February. I just got on their budget plan which fixed my rate at $350 a month. Maybe something to look into among other plans they offer. Thanks again and keep the videos coming! I am watching and learning.

[@ShawnConnorsBroker]

That's great, and thanks for watching! Yes, I actually just switched mine and lowered the cost about $.05 total. You HAVE to stay on top of that stuff because it does eat away at reserves!

[@calpark6183]

How much have u NET after expenses for each of last 2 yrs? Thinking about investing in Pa.

[@ShawnConnorsBroker]

It all depends. I put most of my profit back into making the property better every year. I'd say about 10k-15k per year.

[@calpark6183]

Is 15k net after your mortgage?

[@ShawnConnorsBroker]

@@calpark6183 yes