But first, Coffee!
Posted by Ali'i Beach Rentals | Friday, August 16, 2019
If you are staying at one of our Waikiki Vacation Rentals and are looking for a local coffee shop to check out. You should check out one that I found just steps away from our office in Waikiki! Located on Lewers Street, this local coffee shop called Olive & Oliver boutique has great coffee, unique custom coffee cups (very Instagram worthy), and just an overall great ambiance. I ordered the chai latte, and it was really good. Next time I think I will try the lavender latte. I am always on the lookout for new places to try in Waikiki.
Coffee Shop Waikiki Waikiki Activities Waikiki Dining
Posted by Ali'i Beach Rentals | Friday, August 9, 2019
Looking for a place to eat and not too far from Waikiki? If you love fresh fish or Poke bowls you have to check out Off The Hook Poke Market in Manoa!
With lots of toppings and unique preparations to choose from, I highly recommend it. I love anything with ginger on it so I went for the Cold Ginger Poke topped with furikake, tempura puffs, green onions, and bright orange masago.
You also have the choice of White Rice, Brown Rice, Green Salad or Sushi Rice to go with it. I went with the salad since I don't eat enough vegetables.
You can also check them out on Yelp to learn more: https://www.yelp.com/biz/off-the-hook-poke-market-honolulu
Hawaii Manoa Places To Eat Poke
Do You Own A Vacation Rental? You May Want To Read This
Posted by Ali'i Beach Rentals | Friday, August 2, 2019
We wanted to let you know about an important law that recently passed (Bill 89) which as of Aug. 1st, 2019 prohibits short term rentals (less than 30 days) in properties that are not in resort zoning or do not have what’s called a Nonconforming Use Certificate (NUC). Nonconforming Use Certificates run with a condo and allow a particular unit to be rented less than 30 days even though the building isn’t in resort zoning. The last NUC was issued in 1989 and no new NUCs are being Issued. It is very important to us that we follow this new law because the fines for breaking the law can be up to $10,000/night for violations and the owner is the one cited, not the property manager.
That being said, we think this poses a unique opportunity. We can’t know for sure at this point, but we believe that the buildings that are predominantly short term rentals will begin to have a mass sell-off when owners begin to realize that they will no longer be able to do short term rentals in those buildings after Aug. 1st. It stands to reason that if the real estate market is flooded with sales in a particular building then property values will go down in that building. This Bill 89 is very new and we have not seen the effects in the market yet, so time is of the essence.
On the converse side, we think that property values in resort zoning or units with a NUC will appreciate in value because they will be the only properties left on the island that someone can do short term rentals in. Also, when the 10,000-20,000 illegal vacation rentals get shut down on the island because of Bill 89 we speculate that the nightly rate we can change for short terms rentals (less than 30 days) will increase significantly. Possibly even up to 50% by next year. Again we don’t know all this will happen for certain, but at this point, it seems likely. Again, Bill 89 is very new and we have not seen the effects in the rental market yet, so time is of the essence.
What does this mean for you? We are suggesting you reposition your investment in a property that we can do short terms rentals in. By doing so you might be avoiding decreasing property value for the property you currently own, purchase a property that is more likely to appreciate in value, and take advantage of the higher nightly rents associated with the legal nightly rentals that are left when the 10,000-20,000 illegal nightly rentals are shut down.
Don’t take our word for it! Please discuss this issue with your trusted Real Estate agent granted they are experienced with Vacation Rental Real Estate in Waikiki. If you don’t have an agent that meets these qualifications please let me know and I will refer you to one. We work with a few of the best Real Estate Agents on the island that specializes in this particular type of short term rental investment. We’ll work with whatever agent you choose and help to relocate your investment to a more profitable one. Nobody knows estimated rents better than us because we have multiple properties throughout Waikiki in all the buildings that are doing well.
If you or your agent would like to have a phone conversation about the implications of these changes please call our office at (808) 769-6800 ext. 4 and schedule an appointment to speak with a vacation rental expert, or you can fill out our contact form here. Mahalo!!
Professional Property Management Waikiki Waikiki Vacation Rentals
Oceanfront Dining In Waikiki
Posted by Ali'i Beach Rentals | Sunday, July 28, 2019
I was out walking around the Diamond Head and Waikiki area getting some exercise with my friend.
We started getting kind of hungry, then we stumbled upon this nice beach cafe right alongside the water right past Queen's Surf Break.
They had live music and a very good menu, a lot of different food items to choose from. I went with the Fish 'n' Chips and my friend ordered the garlic shrimp plate.
We also ordered their refreshing iced tea to go along with it. It was perfect, we got to enjoy a great meal, watch the sunset and listen to live music.
They serve Breakfast, Lunch, and Dinner so I will definitely go back there again soon.
Barefoot Beach Cafe Diamond Head Dining Waikiki Beach
Sweet Treats In Waikiki!
Posted by Ali'i Beach Rentals | Friday, July 19, 2019
It has been so hot this summer! We are always on the lookout for new refreshing treats to beat the heat and satisfy our sweet tooth.
We were walking through the Royal Hawaiian Shopping Center food court called the 'Paina Lanai' and we came across this wonderful soft-serve cafe.
Their creations are unique and have many toppings to choose from, Dole Whip soft serve, mochi waffles, Dole Whip floats with POG slush and more!
Pictured in this blog post is the Shaka-Boom filled with azuki bean with Dole Whip and Coconut soft-serve swirl drizzled with lilikoi syrup and sprinkles.
So if you are staying in one of our Waikiki Vacation Rentals, we highly recommend checking this place out!
Dole Whip Pineapple Royal Hawaiian Shopping Center Shaka Sweet Treat Waikiki
Looking To Save Money On Food While On Vacation?
Posted by Al'i Beach Rentals | Friday, July 12, 2019
Most of our Vacation Rentals come with a full kitchen, but not all of them. So if you like to cook meals to save money on dining out, when you book your next vacation rental, make sure to check that it comes with a full kitchen!
While traveling, it sure helps to save a lot of money by making a couple of meals at home. Some people prefer to eat breakfast and dinner at home, but eat a nice lunch while they are cruising around Oahu.
To each their own, but I prefer to make breakfast, pack a lunch, then catch a great happy hour somewhere and enjoy the sunset at a nice restaurant in Waikiki.
Regardless of which meals you choose to make or choose to dine out for, a lot of our guests ask us, "where is the nearest grocery store?".
If you are a Costco member you can visit Costco Iwilei, there is a Safeway close to Waikiki on Kapahulu Avenue, Foodland Farms at Ala Moana Shopping Center, or there are smaller ABC stores located all throughout Waikiki, which are great for grabbing a quick inexpensive snack. If you are looking for natural foods, there is a Down To Earth near the University and there are two Whole Foods Markets, one is located at Kahala Mall and the other is located in Kaka'ako.
Fireworks Every Friday Night!
Posted by Ali'i Beach Rentals | Friday, July 5, 2019
Planning a romantic evening? Or looking to take your friends and family to see a Firework show?
Every Friday night there is always a firework show in front of the lagoon next to the Hilton Hotel.
You can walk down to the beach to get a close-up view, or if you are staying in one of our Ilikai Marina or
Ilikai Hotel Rentals you can usually get the best view right from your lanai! The firework show starts around 7:45 pm - 8 pm and lasts about 10 minutes.
Friday Night Fireworks Ilikai Hotel Ilikai Marina
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