New Member From Bakersfield, California
Hello Everyone,
I finally created an account! It is now time to get serious about my real estate investing goals. I hope to make my first real estate investment within the next 9 months. Due to my work and family situation, I am really interested in the vacation rental business and hope to start my venture with a successful property. I'm in California now, but considering making investments outside of the state (i.e. Florida Keys, Las Vegas, Hawaii). Any input/ advice is welcome.
Most Popular Reply
@Garrett Hilt Aloha and welcome to BP! I am a broker in Maui and have several clients that do very well with their vacation rentals here. Most units in the better complexes, if managed well, have achieved an 80% occupancy rate average over the last several years. I believe this is what separates Hawaii from many other markets, our demand is mostly year-round. If you would like to get more detailed information I am more than happy to share some scenarios with you. Let me know, and enjoy all the resources this platform has to offer!