Well, after 4 years of bantering back and forth, the Kauai county Council has finally passed their ordinance to put a stop to vacation rentals in single-family residences outside of the visitor destination area. Search as i might, I was unable to google a map to post here on AR, but, suffice it to say that it is primarily Princeville, most of Poi`pu, parts of Lihue and parts of Kapa`a. So for instance, the areas north of Princeville, that would be Wainiha, Hanalei and Haena are all NOT IN THE VDA.
You can read the article about some of the final ammendments that were defeated this past week in THE GARDEN ISLAND. In the short terms, I do not expect the ordinance to have much of an effect on Kauai home prices. Long term though, the passing of this bill will dampen the market for those buyers who only can qualify by adding in the vacation rental income of the property when they are not on island. If this rental income is now deemed illegal for certain areas, then the rental income cannot be considered by a lender if a buyer is getting a mortgage.
It remains to be seen, just how the County of Kauai intends to enforce the ruling and the types of fines that will be levied on violators of this newly passed ordinance, The ordinance becomes official on March 1st once Mayor Baptiste signs it. The attorney for the Kauai Board of Realtors has determined that this ordinance is violating the rights of property owners and is illegal. It certainly will be interesting to see how this drama plays out.
As with any controversy, there are many perspectives to consider. There are so many who make their living on Kauai from the vacation rental industry. Those folks will be hurt by these decisions. And the proponents of the bill have argued that our communities are being destroyed by all the vacation renters. I am not sure at today's market prices that putting this ordinance in place will have people moving back into these oceanside communities. The simple fact of raised taxes as the land values appreciated is why so many local people chose to rent, so they could keep the land that has been in their families for generations.
I am sure these issues have gone round and round on each of the islands. We'll have to see how this issue continues to play out on the Garden Island of Kauai. on Kauai
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I utilize the latest technology to offer sellers the most comprehensive and complete marketing solution on the . island. Buyers and Sellers leverage my years of experience in negotiating.
As a fulltime resident of Kauai, I enjoy the aloha lifestyle. Real Estate is a wonderful way for me to share my broad range of business expertise and technical abilities with buyers and sellers from around the world who have discovered Kauai, one of the most beautiful places on earth. Using the same promotional, negotiating and people skills I developed as a business owner, I apply those tools to create value in building long term relationships with buyers and sellers.
As a veteran entrepreneur, I understand the key components of negotiating and creating workability between parties. Whether representing a buyer or seller, my goal is to create a win-win for all parties involved.
As a sales and marketing director in the technology sector for many years, I have a breadth of expertise in promotion, video, and marketing and I leverage the industries' latest tools and trends to keep my strategies on the cutting edge. I syndicate my listings to over 25 real estate portals, and actively promote my listings on craigslist and other community sites where a wide range of people see them.
As a buyer's agent, i serve as an Accredited Buyer's Representative, a title I am proud to hold. I leave no stone unturned when working for a buyer. From searching tirelessly for the perfect property, negotiating the sale, and insuring that every concern is addressed.
I love living on Kauai and am very involved in our local community. As the President Elect of the Rotary Club of Kapa`a, our club supports many community organizations on the East side of Kauai like the Boys and Girls Club of Kapaa, Hale Ho Malu, Friends of Kamalani Playground, to name but a few and is currently involved in water projects in India, Africa and the Phillipines.
I work with our local creative arts organization, the Kauai Concert Association, bringing 9 world class concerts to Kaua`i this season. From classical to contemporary to dance, KCA brings a diverse group of talent to our small island with a mission to educate and inspire children. Each artist does an educational service event and sometimes a master class.
My sports passions are primarily golf and tennis and with two titanium knees, I am very grateful to be engaged in both. Yes, I walk my dog Samson and take him to the dog park, and swim in the ocean down at Lydgate Park, but, you'll often find me playing the links at the Wailua Golf Course or playing doubles on Saturday afternoons at the Wailua Houselots with a great group of local players who enjoy the social scene as well as the competition.
For fun, I work as a drummer in local jazz and funk venues, like Trees Lounge in Kapaa and Stevenson's LIbrary at the Grand Hyatt in Poipu. I play in the Kauai Community College Jazz Big Band, and often volunteer my time with our community theatre groups like, Hawaii Children's Theatre and Kauai Community Players.
While searching for a second home on the Island of Kauai we were referred to Ron Margolis by our local realtor. We contacted Ron by phone from Boulder Colorado and he was quick to E-mail MLS listings of properties that he felt would meet our needs. Ron also happily answered any questions and addressed any of our concerns. Upon our arrival in Kauai, Ron tirelessly showed us endless properties even though at that time Ron was recovering from major surgery. Realizing that we only had three days on island to power shop for a home, Ron would squeeze us in any time of the day or evening even between physical therapy sessions. There was never any pressure, just an enjoyable experience.
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