Originally Posted by
Cholula
I agree that they're not a great investment when you factor in the maintenance fees, etc.
We bought three oceanfront units at the Maui Marriott about six years ago when we found ourselves traveling to Maui several times a year and shelling out the big $$$'s for hotel rooms.
The units have increased quite nicely in value but I doubt that we'd net much more than we paid for them if we sold tomorrow.
IMO, you need to buy shared-ownership/timeshare units in Hawaii if you want a relatively fixed cost for future vacations and not as an investment vehicle.
We did one of those visits to the Marriott Waiohai on Kauai. The property was stunning, but couldn't imagine how this could ever be a good investment. IIRC, you also pay taxes and assessments. The good things were that they were not at all high pressure and we got 50% off of a boat trip.
Originally Posted by
Mary2e
Yes. I live on the longest culdesac in my county. It's basically a single street with a culdesac at the end with a total of 14 houses.
All of us purchased our homes at the same time & no one has moved out. We were always very friendly with each other.
It's not unheard of (weather permitting) that I drive down my street with my hand out the window waving at everyone as I pass.
Yeah, I've heard how "friendly" one of your neighbors has been to you.