Posted by Brent_IL on August 24, 2003 at 14:39:30:
I used to live in Pennsylvania. I know that five miles can be a long distance when traveling in heavy snow.
Chalets, especially A-frames, are not usually superinsulated. The electric heat costs will be very, very, high. Ask the utility that serves the area for info.
I’m on the verge of purchasing a chalet (no fireplace, no hot tub, electric heat) in the Poconos (Albrightsville). It’s in very good condition and is easy on the eyes. It can sleep 8-10 & I know I’ll no problem renting it out in the summer because it is within walking distance to a lake and pool in a community area. I’m trying to find out if anyone can tell me (the realtors are being real vague) about the other rental potential for spring, fall and (especially) winter. It’s within 5 miles of two major ski areas. I’m hoping someone familiar with the area could give me a bit of advice on what to expect. Also, I’m not familiar with electric heat and could use an estimate on how much that could cost monthly in the dead of winter. Thanks.
Posted by David Krulac on August 24, 2003 at 17:07:05:
I think the electric Co. is PPL call them and get actual usage for the last several years.
The Pocono is a mixed bag, some areas are very nice other not. There is an abndance of properties there. The market is largely New York City. Seasonal rentals are tough, there are vacant periods, and cleanup between tenants. Personally I prefer yearly rentals, I’m not in the hotel business. The rent per week/month is lower but the yearly rent is usally the same if not highere than the seasonal rents. I would be cautious, but wouldn’t necessarily rule it out immediately.
Some other factors are how close are you to the rental. The closer you are the easier it is to manage.