Pros and Cons to start my REI BRRR here in Honolulu ???

Pros and Cons to start my REI BRRR here in Honolulu ???

Member since 2020 · 1 post · 0 votes

I'm already connected to a team out of state only because I don't know how beneficial it would be to try and BRRR here in Honolulu. Any advice?

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  • Real Estate Broker · Salt Lake City & Oklahoma City · Member since 2018 · 3k+ posts · 2k+ votes
    6y

    Hi @Salani A., welcome to the BP forums! starting your REI journey there in Honolulu would let you participate in the high-value market (which has more impressive numbers, especially in a 30 year horizon), but the downside would be that you'd participate in a more cyclic than linear market, which is more speculative in nature and subject to the whims and ways of many factors outside our control.

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