Go to Jeff Salisbury LWGate Home Page.From: BobWo <BobWo@aol.com>
Subject: Rental Condo
Date: Fri, 15 May 1998 23:00:23 -0400 (EDT)
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Martin S. Turnauer recently wrote: > I would like to findout what kind of experiences people on the list have > had owning a rental condo at a beach area. > What kind of problems are encountered when you rent a property via an > agency? Can this business be profitable? Aloha Martin, We own a lovely one bedroom/ one bath condo in Kihei, Maui. we occupy the condo ourselves for 4 months a year and rent it out the rest of the time for $60 a night plus tax in the summer and $80 a night plus tax in the winter. We have owned the condo for a little three years. We are very pleased with it so far. We rent it out ourselves, and we also have a local rental agent/property manager. We really have not encountered any rental problems. We didn't realize that we would really enjoy comng back to our own unit as much as we do. The condo is not realy profitable, but we do cover all of our costs and have a little left over, but that is without any debt service. E-mail if you would like to discuss further. Bob - -
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