Vacation Rental Poor on Maui is Real, Here's How to Avoid it

Buying a Maui vacation rental that only works if the bookings keep coming is a trap we've watched buyers fall into. Between the Lahaina fire, COVID, Airbnb, and new vacation rental restrictions, Maui rental income has been anything but predictable. Here's the simple test Daniel uses before anyone buys: could you carry this property without a single dollar of rental income?

On this Hump Day edition of the Maui Hot List, Daniel and Jon talk through what vacation rental poor looks like and why the property has to make sense for you first. Jon also shares why he still rents on Maui, how his mom gifting him her lot affects the step up in basis for him and his kids, and the two ways real estate actually builds equity over time. Then the guys drive through Front Street in Lahaina for Daniel's first look since the fire, and wrap up with this week's Hot List of active, pending, and sold listings across the island.

Thinking about a Maui second home, rental, or full move and want to talk it through with Jon and Daniel? Book your Aloha Vision Quest call: bit.ly/avq-booking

Not sure which path fits you yet? Grab the free 3 Paths to Maui guide: bit.ly/maui-3paths-yt

Mahalo to our sponsor Sip and Forage, a killer food truck near the University of Portland.

dreams2REALITY Hawaii | Brokered by Real Broker LLC
Jon Brath RS-76551 | Daniel Rude RS-79734
This video is for general information only and is not tax, legal, or financial advice.

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