Podfile: Path of local pod relative to Projectpath possible?

I am trying to add local pods to my objective c iOS project. Is there a way to use the rootpath of my project as relative path?
The only way I got it to work is by using something like this:

pod 'ObjCPod', :path => '~/Documents/iOS-Projects/MyApp/libraries/LocalPod/'

This wouldn't work if I moved the Project folder or tried to build the project on another machine.

I would like to have something like this:

pod 'ObjCPod', :path => '$(SRCROOT)/libraries/LocalPod/'

Is there a way to do that?

Yes there is a way to do that, I have a project that use cocoapods and have custom pods in it, in the folder where you have your PodFile put your libraries folder and then modify your podFile to

pod 'ObjCPod', :path => 'libraries/LocalPod/'

Should work,
Hope this helps