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Updated over 5 years ago,
A volcano....really? Kailua-Kona vacationRental
Am I crazy to buy a rental home on Kona right now?
65% occupancy 4/2 Airbnb rental with a full time 2/1 rental below. It is on a steep hill and right on the 2lane Kuakini Hwy....but it performs well.
Then a Volcano happens with the subsequent media hype. Cancellation requests, tourism impact, etc.
We need a 45%-50% occupancy to break even...
Do I pull out out? How long can this last and how long to recover?