Maui County is wrestling with legislation that could reshape the island's economy and housing landscape. Bill 9, introduced 18 months ago to convert short-term vacation rentals (STRs) into long-term housing, has evolved dramatically from the mayor's initial claim that "most, if not all" affected properties were meant for workforce housing. A Temporary Investigative Group (TIG) found that 63% of these condos are actually unsuitable for long-term residential use. The numbers are staggering: co...
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Maui County is wrestling with legislation that could reshape the island's economy and housing landscape. Bill 9, introduced 18 months ago to convert short-term vacation rentals (STRs) into long-term housing, has evolved dramatically from the mayor's initial claim that "most, if not all" affected properties were meant for workforce housing. A Temporary Investigative Group (TIG) found that 63% of these condos are actually unsuitable for long-term residential use. The numbers are staggering: co...
Financing a Condo on Maui. The good, the bad, and the "no can."
The Maui Real Estate Advisor Podcast
8 minutes
6 months ago
Financing a Condo on Maui. The good, the bad, and the "no can."
All about real estate financing for condos in Hawaii. New episodes every Tuesday! If you'd like to see our content from before March 25, 2025, you can find on YouTube with the handle @AlohaGroupMaui 4 PART SERIES of 4 things you need to know about owning a condo on Maui: 1. Condo Associations (AKA HOAs or AOAOs) on Maui 2. Rental Company Management Agreements 3. Form of land tenure – leasehold vs. fee simple 4. Limits to financing condo purchases on Maui *THIS EPISODE* Le...
The Maui Real Estate Advisor Podcast
Maui County is wrestling with legislation that could reshape the island's economy and housing landscape. Bill 9, introduced 18 months ago to convert short-term vacation rentals (STRs) into long-term housing, has evolved dramatically from the mayor's initial claim that "most, if not all" affected properties were meant for workforce housing. A Temporary Investigative Group (TIG) found that 63% of these condos are actually unsuitable for long-term residential use. The numbers are staggering: co...