Short-Term & Vacation Rental Discussions

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Zander Kempf
  • Real Estate Agent
  • Honolulu, HI
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How to invest in Hawaii

Zander Kempf
  • Real Estate Agent
  • Honolulu, HI
Posted Jun 13 2022, 21:07

In a market like Hawaii, property value are much higher than other markets. These high prices makes investing for cash flow more challenging. There is one strategy in Hawaii that many investors frequent, short term rentals. With the recently passed Bill 41 in Honolulu, STR's are limited to resort zoned properties, which there are a handful of. These STRs are often in hotels, and called condotels. They can be purchased by the investor and handed back to hotel (ie Marriott, Hilton etc) to use as one of their resort rooms. They take care of property management end to end. Whenever the investor wishes to visit, their property is waiting for them to use as long as they please.

This strategy also allows investors to gain access to world class amenities like elaborate pools, spas, beach access, top tier bars and restaurants, and luxuriously decorated grounds and common areas. 

Honolulu, Hawaii

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