- Joined
- Mar 5, 2011
- Messages
- 12,042
- Reaction score
- 16,557
- Location
- U'alapue/Kaunakakai, Hawaii
- Resorts Owned
- Pono Kai, 16 wks; Maui Schooner, 1 EOY Wk; 1 week Ke Nani Kai; WaveCrest Condo, Molokai, HI
So here’s how we decided. Slight edge in condition goes to A203 but that is mostly because it has been available to rent for a long time so it is being cleaned regularly. B209 just entered the rental market and is under a different rental company. I would switch the rental companies. The other company does better with the cleaning and advertising.
A203 is oceanfront and would rent more often. It’s funny though because the rental prices are about the same. Only a zero to $15 a night difference depending on the season. With B209, Looks like there’s no reason why we couldn’t at least get our HOA paid through the rentals so that’s good. We would do better with A203 but it still wouldn’t cover everything.
When I first can here we were looking at two complexes too. Molokai Shores and WaveCrest. We quickly eliminated Moloka’i Shores even though it was close to town. WaveCrest has a more community feel, was kept up better, units we’re larger and the loft units at Moloka’i Shores turned out to be less appealing when we saw them and third floor was a lot of stairs.
So the deciders for us on B209, next to the end of the building so the only people going by our unit would be anyone staying in B210. Not a big deal for short stays but a plus when we’re living there. Next the view, while we love the oceanfront, we’re used to seeing more that the oceanfront, a beach, people on the walking path or just people walking the resort. Many times people would go by and start up a conversation. So with B209 we get a nice view of the ocean and Maui, the beautiful grounds and the wonderful mountains that look like Na Pali right over the C building. Then lastly and isn’t a deal breaker by any means but B209 will probably sell for $40 to $50 thousand less. That’s about 30% less and its definitely more of what we want when living there. If we were just going to rent this and not live there, only go once a year. We would probably go with A203. And we still may end out there depending how the offer goes.
I do want to mention also that the pool area at WaveCrest is awesome and I Think we would be there a lot. So we can get all the full on ocean we could want by walking about 50 yards. Plus get interaction with other owners or vacationers.
So, there’s our thought process. We should know more in a week.
A203 is oceanfront and would rent more often. It’s funny though because the rental prices are about the same. Only a zero to $15 a night difference depending on the season. With B209, Looks like there’s no reason why we couldn’t at least get our HOA paid through the rentals so that’s good. We would do better with A203 but it still wouldn’t cover everything.
When I first can here we were looking at two complexes too. Molokai Shores and WaveCrest. We quickly eliminated Moloka’i Shores even though it was close to town. WaveCrest has a more community feel, was kept up better, units we’re larger and the loft units at Moloka’i Shores turned out to be less appealing when we saw them and third floor was a lot of stairs.
So the deciders for us on B209, next to the end of the building so the only people going by our unit would be anyone staying in B210. Not a big deal for short stays but a plus when we’re living there. Next the view, while we love the oceanfront, we’re used to seeing more that the oceanfront, a beach, people on the walking path or just people walking the resort. Many times people would go by and start up a conversation. So with B209 we get a nice view of the ocean and Maui, the beautiful grounds and the wonderful mountains that look like Na Pali right over the C building. Then lastly and isn’t a deal breaker by any means but B209 will probably sell for $40 to $50 thousand less. That’s about 30% less and its definitely more of what we want when living there. If we were just going to rent this and not live there, only go once a year. We would probably go with A203. And we still may end out there depending how the offer goes.
I do want to mention also that the pool area at WaveCrest is awesome and I Think we would be there a lot. So we can get all the full on ocean we could want by walking about 50 yards. Plus get interaction with other owners or vacationers.
So, there’s our thought process. We should know more in a week.