Someone Wants $130,000 for Burned condo Rights in Lahaina, Here's Why Jon Says SLOW DOWN
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Someone Wants $130,000 for Burned condo Rights in Lahaina, Here's Why Jon Says SLOW DOWN
718 просмотров · 18 часов назад
Retire With Maui
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718 просмотров · 18 часов назад
Someone in Lahaina wants a hundred and thirty thousand dollars for the rights to a condo that no longer exists. Before you consider a deal like that, hear what Jon has to say.
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A viewer sent in a real question this week. The Spinnaker condo complex in Lahaina town burned in the fire, and now someone is trying to sell the rights to a one bedroom unit there for about $130,000. Jon breaks down what that offer actually means before you say yes.
Spinnaker is apartment zoned, not vacation rental, so this isn't a straightforward investment play. Jon points to what happened at Kahana Sunset's F building as the cautionary tale: those owners haven't been able to use their units in five years, and the maintenance fees never stopped. Stop paying those fees and the AOAO can foreclose. He also references a similar situation at Ainanalu, where big special assessments followed a long wait for settlement clarity.
His real advice isn't about the number. It's about the questions underneath it: why are you doing this, do you have the patience for a long horizon, and is this money you'd rather be using to actually enjoy Maui right now.
If you're mapping out your own path to Maui, whether that's a full move, a second home, or a smarter investment than this one, grab our free 3 Paths guide: http://bit.ly/maui-3paths-yt
Maui no ka oi.