02-27-2012, 11:01 AM
First of all, I'd like to thank everyone for their advice and thoughts so far. The different view points really help in analysing the rental situation. We've checked a couple of agencies before consulting this forum and got the impression that they don't really focus that hard on protecting property as their primary business. Their rental agreements for property owners state things like they'll visit the property at least once in the first six months! As someone who's been a landlord of at least one property in a risky neighbourhood previously, I'm shocked it would take so long and happen so seldom. I guess it's this sort of thing that forces landlords to have such high rents despite a reported 20% vacancy rate for Puna.
It sounds from what folks are saying that we'd be best off looking at a property that can be set up to be a short term/vacation rental. I guess I better get on to researching that next =)
I suppose it's a terrible idea to buy a house and just let friends stay there when they are on vacation since it would be uninhabited for large parts of the year and likely be vandalized?
It sounds from what folks are saying that we'd be best off looking at a property that can be set up to be a short term/vacation rental. I guess I better get on to researching that next =)
I suppose it's a terrible idea to buy a house and just let friends stay there when they are on vacation since it would be uninhabited for large parts of the year and likely be vandalized?
Me ka ha`aha`a,
Mike
Mike