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Updated about 5 years ago on . Most recent reply

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8
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Kelley Prymych
  • Flipper/Rehabber
2
Votes |
8
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Canadian Aloha? Renting a place in Hawaii as a snowbird?

Kelley Prymych
  • Flipper/Rehabber
Posted

Good day BP’ers.

With working for long periods of time in isolation (25+ day shifts in the bush) in the Canadian oilfields, it gives me a lot of time to brain storm.

My latest idea had been if I were to rent a place in Hawaii and split it amongst a group of friends to make it affordable and have a safe haven to escape to on days off year round. IDEAL situation would be to do short term (Airbnb) rental when it is not in use to supplement this luxury but I do realize with zoning laws/subletting and being a foreigner it may be problematic.

I will be travelling to Ohau on March 27th - April 4th 2020. (Will be my third trip to Hawaii.)

So a few questions

1. Has anyone out there travelled down this road before?

2. Is there any real estate realtors/investors/rental agents that have recommendations?

3. Would anyone in Hawaii like to meet up during that time and network?

Ultimately, By trying to design my life I plan on relocating for -55 Celsius arctic weather down to Hawaii and this seems like the first step in the right direction

Most Popular Reply

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415
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Mike V.
  • Rental Property Investor
  • Campbell, CA
498
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415
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Mike V.
  • Rental Property Investor
  • Campbell, CA
Replied

Many people here own and manage short term rentals in Hawaii, myself included.

Every island will have very different rules so make sure you research the specific island you’re interested in, not just the state laws.

If you plan to make any money, then you do not want to visit as a snowbird... this is the absolute peak season and prices are frequently double. By using it during those peak months you’ll cut into your profits substantially.

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