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Updated over 6 years ago on . Most recent reply
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Hawaii Resident
24 year old resident of Oahu, Hawaii looking to get into buy and hold rental investments.
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@Robert Herrera Great idea, but Maui County regulations do not allow for short-term rental of homes without a special permit. Hawaii Island is most affordable, but you don't have the jobs/economy of Maui or Oahu.
I was in the Maui County planner's office yesterday, and they projected a shortage of 15,000 housing units for 2030. That means rents will keep climbing. There's huge upside for buy and hold here, but price point is high at $500k with $100k down needed just to get into the market.
Love buy and hold!