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Nate Morris
  • Investor
  • San Jose, CA
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33
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A volcano....really? Kailua-Kona vacationRental

Nate Morris
  • Investor
  • San Jose, CA
Posted May 26 2018, 21:38

Am I crazy to buy a rental home on Kona right now?

65% occupancy 4/2 Airbnb rental with a full time 2/1 rental below. It is on a steep hill and right on the 2lane Kuakini Hwy....but it performs well.

Then a Volcano happens with the subsequent media hype. Cancellation requests, tourism impact, etc.

We need a 45%-50% occupancy to break even...

Do I pull out out? How long can this last and how long to recover?

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