Is It Smart to Buy an Airbnb-Style Rental Right Now?

Now is the perfect opportunity to buy a Maui rental.

 

Why is now a fantastic time to buy an Airbnb-style vacation rental property here in Maui?

Nearly all of our Airbnb-style vacation rental condominiums are vacant because it’s difficult to get here—Hawaii still requires a 14-day quarantine for all outside visitors. We’re seeing a lot of properties come on the market because their sellers aren’t seeing any rental revenue. That means all of these condominiums are on the market and available for showings. As a buyer, you have a lot of inventory to choose from, and there’s downward pressure due to the basic supply-and-demand curve. 

Right now you might be thinking: “What if I can’t get there to buy due to the 14-day quarantine?” For several of my clients, we were able to shoot video tours of properties (including aerial views) and coordinate Facetime sessions so they could get an idea of what they wanted to buy, and we can do the same for you.

If you’re thinking of buying a property here, odds are you’ve already been here and know which part of the island you like best. We’ll hone in on that and I’ll act as your eyes on the ground. I’ve always been committed to letting my clients know what I like and don’t like about a property. My goal in helping buyers buy a property sight unseen is to provide all the positives and the negatives.

 

If you’re willing to trust me to help you find the right property, I promise you that now

is the time to find an amazing deal.

 

The bottom line is that you couldn’t find a better time to buy a resort property in Maui. If you’re thinking of waiting until the mandatory quarantine is lifted so you can come here in person, know this: When you can see the light at the end of the tunnel, so will sellers. At that point, they’ll be less flexible and less willing to negotiate. As far as the mandatory quarantine goes, there’s still no end in sight. They’ve talked about lifting it before, but it keeps getting pushed back. If you’re willing to trust me to help you find the right property, I promise you that now is the time to find an amazing deal.

If you’d like to take advantage of this opportunity or have any questions at all, don’t hesitate to call or email me today. I’d love to help you.