Short Term Rentals in Maui

[Pete Slaga]

Hey wondering if any of you can share some experiences of owning a condo that you STR in Maui. What areas or building should I avoid. I realize that I need to be in the "resort zoned" areas.

[Mark Waite]

Quote from @Frank Barletta:

Quote from @Mark Waite:

Quote from @Frank Barletta:

While I don't have rentals in Maui, I do spend time in Hawaii annually to visit family, and can tell you the STR market was hit hard by the governor who recently created legislation to prohibit STRs under 30 days which really hurts the market.

No, this is completely incorrect. Each island manages their STRs differently. And the STR has not been hit hard. I’m doing very well with mine.

The island of Oahu is definitely in this position. I would personally be cautious for Maui as there is no guarantee regulation will not come. 

Again, get your facts straight. The island of Oahu is not 100% in that position. There are areas where nightly STRs are allowed, they county hast just tightened it up significantly.
There is a reason why Maui is continuously selected as one of the best markets for STR investments, and why even today there is a strong buying activity.
So please, educate yourself on this or any other market before you just start throwing information out that is incorrect. I would not be throwing out comments about the STR market in NYC, so please don't do the same in a market you don't know well.