All Forum Posts by: Luan Becerra

As a reference, in Kauai, Hawaii, Winter is one of the hottest seasons for sellers. People are in a cheery holiday mood, it's still warm, beautiful, sunny, and homes are selling. Tons of buyers FLOCK to Hawaii (we call them snow birds) to escape the snowy conditions of the mainland, and make their temporary nest on the gorgeous beaches of Kauai, Oahu, Maui and Big Island. 

Selling in a Hawaiian winter can be a piece of cake, especially if you have a great agent with solid marketing skills.

In my market, Kauai, the average stay is 1 week, with occupancy hovering around 77%. There are condos and townhomes here that have a 30-day minimum, Villas on the Prince is the one that comes to my mind. Not sure if there are similar issues occurring here, but it's good for me to keep in mind for my clients. Thank you for posting this.

Kauai - Hawaii

Adventure Island and Investors Paradise

If you haven't heard yet, Kauai, also known as the Garden Isle, is the hot spot of the Hawaiian real estate chain for savvy, adventure-hungry travelers that are looking for the most authentic and relaxing experience when vacationing in the islands. 

If life is a beach, Kaua’i must be heaven. This remote, lush and extremely popular destination island in Hawaii where the emerald mountains meet the sparkling sea is consistently chosen as the #1 vacation destination in America. North Shore Kauai has several spectacular beaches with some of the best surfing in the world. 

Seeing the remarkable growth of over 3,000 additional visitors per year and growing, smart investors have taken advantage of the spectacular vacation rental market that Kauai offers. The island is averaging 26,500 visitors per day on the slow season and up to 34,000 per day during the holidays, spring break, and summer months.

When you're ready to get the ball rolling in the right direction and really take your business and your life to the next level, contact me to try Kauai. Make money and discover a new paradise with Hawaiian vacation rentals. Find your beautiful rental property in paradise today.

BreathtakingProperties.com

+ Send me a private message with your email address and I will forward you the most updated list of the top multi-family investments on Kauai.

 I probably would! It’s not under contract yet. 

 Yes! 😃 

 Yes, it’s a two units for one kind of deal. The condo consists of an A and B side. 

Thanks for this insight, John! Definitely good information, these numbers in the calculation are pretty rough. I appreciate your input. The only reason I had such a low DP is in Hawaii, it's possible to convert a primary residence to an investment property after living in it for 12 months under certain circumstances, and if purchased as a primary residence, you can put 5% down or 3.5% for FHA.

I would call a local contractor in the area and send them photos via email.

Aloha!

I am looking to purchase my first property (vacation rental investment property) using FHA financing for a condo in my neighborhood with my wife.

Check out the report below and let me know your thoughts. Numbers are based on Airbnb income. 

Unit B

- Total days rented = 292 (80% occupancy) = $27,924 estimated total yearly revenue + $4,129 cleaning fee for just the side B Studio

Unit A

- Total days rented = 292 = $41,088 estimated total yearly revenue + $4,129 cleaning fee for just the side A side 1-bedroom

Total Yearly Revenue Estimate

I estimate the combined total yearly rental revenue, not including the cleaning fee for both units A+B will be around $60,000 - $69,000 per year.

$69,000 is my projected number for our first year if we meet the numbers in the business plan. These numbers are deemed reliable but not guaranteed. This is an estimated calculation using comparable units for rent on Airbnb.

View report