There are lots of different reasons you may want to turn your condo into a vacation rental cash cow. But first make sure the Home Owner’s Association (HOA) allows it. The best question to ask any listing agent: “Is there a minimum night stay?”. This will give you the answer you need to know for your marketing strategy.


30-Day Minimum

This means just what it sounds like – that you are not allowed to rent to more than one person/family within a 30-day period. This is to minimize the in-and-out traffic in a complex OR subdivision where there may be a lot of full time residents. One way around this little rule is to rent out your unit for a one-month rate of, let’s say $2,500. The renter can stay for as little or as long as their heart desires in that 30-day period, leaving you with the freedom to utilize your unit at times throughout the year.


On-Island Manager

Keep in mind that you do need to have an on-island manager for your unit. This is a Hawaii State Law. That way if anything comes up or goes wrong with your unit, there is a person locally who can address the issues. There are many management companies on island that will take a percentage of your booking fee and take care of pretty much everything under the sun in regards to your unit. So if you are an off-Island buyer or investor ensure you incorporate those costs into the equation.


What does a Management Company do for you?

Generally speaking, a vacation rental management company will handle all of the bookings and marketing, schedule cleanings, pay utility bills, and be able to delegate any maintenance issues that may arise. They also will keep financials on the unit which really come in handy when it’s time to sell. This way you can show any prospective buyer what an excellent little cash cow your unit is. Their fees are usually between 25-30% of the booking fee.

Chelsea Rosario found her transition into real estate a natural fit after owning a local business where she had the opportunity to educate and support people in meeting personal health goals. She finds that working with clients in either searching for, or selling, their home, is also a way to support people in reaching goals that help them live the lives they imagine. 

Can I Afford to Live in Hawaii?

If you’re not from Hawaii, just the thought of buying a home in paradise could be quite intimidating. Even if you do already live here, there is still a mountain of unknowns that might be stopping you... until you do a little digging. Asking yourself these...

Casa De Emdeko

One of Kona's original condominium complexes, Casa De Emdeko is known as the meeting place and the Crown Jewel of Alii Drive. Fashioned in Mediterranean-style architecture, the complex offers visitors and residents alike the perfect blend of Hawaiian...

Alii Lani

Driving into Alii Lani you will probably notice how well maintained this complex is. The grass is always nicely trimmed, and dead leaves are nowhere to be seen. Even the cars are well parked, giving a clean and tidy feel before you even enter your unit....

Alii Villas

The Basics There are 125 condominium units that make up the very popular Alii Villas. Built in 1973, these concrete construction buildings have held through the test of time quite well. They are mainly compromised of 1 bedroom, 1 bathroom units, with...

What to Expect When You’re Expecting… a Stager

As a Realtor with a background in Professional Home Staging, my main job is to get your home looking fabulous before it hits the market, giving it its best chance to make the most money for you right out the gate. This is a GOOD thing! But over the many...

5 Things to Expect when Selling Your Home

Selling a home is a process and often frustrating when you are not prepared for what lay ahead. Knowing the process can streamline and make it easier.    1. The process is taking longer than I expected! You are about to embark upon a journey which has...