Aloha from Honolulu, Hawaii

9 Replies

Aloha, thought I should take the time to introduce myself to the community as I am new to real-estate investing. The idea of passive income and cashflow is what originally drew me to real-estate investing but I've realized that the Hawaii market may not be the best suited for that. I'm thinking of putting some money behind fix/flip opportunities in the meantime and look forward to connecting with many of you. Mahalo!

Hello John! Welcome to the forum. Don't give up so easy on the cash flow plan. Just because the market is hard doesn't mean it's impossible. Keep us updated on your deals. Good luck! 

Originally posted by @Jon Schoeller :

Hello John! Welcome to the forum. Don't give up so easy on the cash flow plan. Just because the market is hard doesn't mean it's impossible. Keep us updated on your deals. Good luck! 

Good to know, thanks @Jon Schoeller!

Welcome @John Rankin ! Hawaii is definitely a very tough market for rentals and/or cashflow. There are tons of other states that make sense, and a bunch of us Hawaiians are actually investing in other parts of the country with a lot of success. Good luck on your journey. This is definitely one of the best places to start!

Welcome to the BP family @John Rankin ! Glad you joined the best real estate investing website!

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Wishing you the best!

Aloha @John Rankin , welcome to the forum. There is no doubt that Oahu's housing market is expensive. I personally think, it is very hard for any investor to make decent ROI. I don't want to touch any property, as far long term rentals are concerned. However, in the short term rentals, you can do "okay" as long you have the whole business plan setup. For flips, Oahu is pretty good, but then you have to have a good amount of money and a contractor ready.

Originally posted by @Leopold Benavides :

Hi @john , in BP, the host mentioned how someone was making a killing in HI condos... maybe a different asset class of interest..

Thanks! Was this in one of the podcasts or forums?

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