Hawaii Retail Shop & STR Condo Snowbird Pipe Dream

Hawaii Retail Shop & STR Condo Snowbird Pipe Dream

Investor · Burlington, VT · Member since 2014 · 38 posts · 9 votes

Hello!

I was born in Hawaii and have recently been back for vacation with my husband. I own three successful gift shops in Northern Vermont and am loving the idea of opening a shop in Hawaii as well as getting a condo that I could live in for part of the year and airbnb. I think the hardest part of this would be to find the right person manage the retail store as it seems easy to find STR in Hawaii. Looking for connections to realtors on Maui and Kauai in both commercial and residential. I'd also love to chat if you own your own business - retail or anything that might be relevant. My stores in Vermont do well near other locally owned businesses, in particular restaurants that focus on local foods and hip coffee shops, though once we are in a place for 6 months our customers tend to seek us out. I'm curious if it's hard to find staff. I'd be open to partnering with the right person who already lives there.

Right now am interested either Maui or Kauai. found a property in Kihei on Maui that was near other good restaurants. Asking price seems too good to be true for a little shop. Too soon to pull the trigger as I just need to do more due diligence.  

I'm a big fan of the bigger pockets podcast and know @Brandon Turner lives on Maui so it can't hurt to throw a tag in! 

Thank you! 

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Property Manager · Saint Petersburg, FL · Member since 2016 · 183 posts · 51 votes
6y

Yes it would be great to recreate your success on an island...local knowledge rules.  Give Brandon (@BeardyBrandon)  a chance to provide a few of those local pearls.

Aloha

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  • Property Manager · Saint Petersburg, FL · Member since 2016 · 183 posts · 51 votes
    6y

    Yes it would be great to recreate your success on an island...local knowledge rules.  Give Brandon (@BeardyBrandon)  a chance to provide a few of those local pearls.

    Aloha

  • Real Estate Agent · Maui, HI · Member since 2019 · 35 posts · 18 votes
    6y

    Aloha @Nicole Carey,

    I am a West Maui residential Realtor. Let me know any questions and I’m happy to assist you. Feel free to give me a call as well. Been here 27 years and loving it! Teresa

  • Investor · Burlington, VT · Member since 2014 · 38 posts · 9 votes
    6y

    Hi Teresa,

    Thank you both! I will e-mail you to find a good time to chat. Thanks a bunch,

    Nicole

  • Real Estate Agent · Maui, HI · Member since 2019 · 35 posts · 18 votes
    6y

    Yes please give me a call!

    Teresa

  • Real Estate Agent · Maui, HI · Member since 2019 · 35 posts · 18 votes
    6y

    Aloha @Aileen B. I am a Realtor on West Maui and do have recommendations for cleaners and/or handymen. Yes you do need an On Island Rep. I also know of some great property management co's that charge 25% with no extra fees or headaches. Let me reach out to a few people that are self managing and see whom they use. Teresa

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