If you’re on Maui, don’t worry – you have good real estate deals in your own backyard. You don’t have to live on Oahu to start picking up good flip properties or cash flow rental units in Hawaii. Want a rehab job in Kihei or Kahului or a fixer upper along The Road to Hana? Some cash flow rental condos in Lahaina or Wailuku? There are deals to be had on all islands statewide, even though most of the press and news is focused on Oahu. So Valley Isle residents, this is for you.
One of the keys to… Continue reading...
Would you like to make $10,000 by the end of April? Have you ever heard someone mention that they ‘assigned a contract’ to a rehabber or investor here in Hawaii? It’s actually not that complicated. What’s more, it’s often an easy way for someone to make some quick cash. Here’s how it works: Continue reading...
There are a lot of people out there right now looking to buy real estate in Hawaii — it’s a buyer’s market with low prices and low interest rates. Yes, interest rates are rising somewhat but they are still at historically low levels and are projected to stay low for the next year at least according to most sources. But just because the market is ripe for qualified buyers doesn’t mean that it’s easy to get that dream house. Here are a few quick tips to snag that beautiful 3br/2ba Honolulu single family house with the ocean view… Continue reading...
A Balancing Act – Technology vs Aloha?
On this Presidents Day 2011, mobs of runners are participating in the annual Great Aloha Run as I write this post enjoying my morning tea. I’m an avid weekend hiker of Oahu’s many trails, but an 8-mile run from Aloha Tower to Aloha Stadium is not for these knees that have seen their wear and tear from years of ice hockey and rollerblading back in my… Continue reading...
Year of the Rabbit in Hawaii?
It’s Chinese New Year again, so Kung Hei Fat Choi to all Hawaii Housing News readers! I was at the Empress restaurant the other night in the Chinese Cultural Plaza with some friends for a super fun dinner event, full of delicious Chinese food and talented performances. But I also started thinking about business, of course (sigh), and an idea popped into my mind as… Continue reading...
I was reading a well-written article this morning about how national numbers and metrics are by and large meaningless when it comes to trends in real estate and housing. The editor made a good point. How much does activity in Michigan or Tennessee affect your business in Hawaii or California? Yes, there are some markets that are going through similar situations — high foreclosure rates and unemployment, falling prices, etc. — and it’s useful to keep your eye on the nation as a whole, but using averages of such large areas or disparate populations is a recipe for decision-making disaster… Continue reading...
…but can residents find work, too?
Aloha, everyone. I just read this brief article (and its misleading title “Maui home sales are up”) in the Pacific Business News about the recent real estate sales figures for Maui. The overall picture is that while volume is up, median prices are way down. Let’s quickly look at the numbers. Sales of single family homes… Continue reading...
Where Passive Income Leads…
What can be better than becoming a successful cash flow investor in the beautiful islands of Hawaii? It’s a dream, right? Having passive income roll in while you play golf in Lanikai or drink mai tais on the beach in Waikiki? It doesn’t have to be. Making the correct business choices in your rental properties and learning how to properly manage tenants can yield the results you seek.
Once you’ve chosen the perfect condo or house for… Continue reading...
Great Curb Appeal – Very Inviting Exterior
Many people shopping for a house, in Hawaii or elsewhere, appraise it from the outside first. Their decision about whether or not to look inside is largely based on its exterior. First impressions are important, so don’t forget the importance of curb appeal when selling your piece of Hawaii real estate.
It is hard to see your own home the way that others do because you feel comfortable and have… Continue reading...
I was checking the national business news on my iPhone yesterday at my Honolulu home and was troubled by the apparent conflict of headlines and news stories. It’s become very difficult to know what to believe anymore about the housing market, both in the near and long term. Look at this screen shot I took… Continue reading...
