Beautiful Remodel of A Waikiki Vacation Rental Unit

Late last year, a BiggerPockets member contacted me asking for assistance in buying an investment property on O’ahu. He and his wife had been to O’ahu before and were planning to return in early 2023 as his wife (who works as a traveling nurse) had accepted a 3 month assignment here.

I was quickly impressed by them. In their 20’s, this was going to be their 5th investment property. And before deciding on the Waikiki Banyan, they thoroughly considered their options before deciding to buy a property that could be operated as a legal vacation rental. And as time went by, I became even more impressed with them as they lived in their new property while it was being fully remodeled. This entailed going without a kitchen for a considerable amount of time. On top of that, the wife was working the night shift at a hospital so she would sleep in the car while the contractor worked. Quite the sacrifice to make. And typical for construction jobs, the contractor took longer than expected and my clients ended up remodeling the bathroom themselves.

But generally all is well that ends well. And they ended up with a beautiful unit that will ultimately become a successful vacation rental unit at some point.

Click here to view “Before and After” video tour

What They Did

Remodeling Included:

  • Removed Popcorn Ceiling
  • Removed Wall At Entryway
  • Completely New Kitchen
  • New Flooring Throughout
  • Installed Door To Allow Bathroom Access From Living Room
  • Add Door To Fully Enclose Bathroom Area From Bedroom
  • Entirely New Bathroom
  • Wall Repair
  • Resurface Lanai
  • Light Plumbing and Electrical Work
  • New A/C Unit

About The Waikiki Banyan

The Waikiki Banyan is one of the most popular vacation rental buildings in Waikiki. To learn more about the property and to view available listings, click here.

And click here, to search listings of all the fee simple vacation rental properties on O’ahu.

If you have any questions about buying or selling short term vacation rentals on Oahu, or any other type of property, please never hesitate to contact me – 808 354-5772. I am here to serve you. 

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