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Updated over 1 year ago on . Most recent reply

User Stats

8
Posts
6
Votes
Loren Cota
  • Flipper/Rehabber
  • Tucson
6
Votes |
8
Posts

Wholesaler on Big Island

Loren Cota
  • Flipper/Rehabber
  • Tucson
Posted

Hi everyone, used to live on Big Island for 9 years and actually did my first live in flip that started my whole flipping career . My 9 year old daughter still has roots there. She Visits every summer and I go pick her up. I would love to invest on Big island. I made my daughter a promise that I would own something so she can visit more as she gets older. Her dad lives on Big island and I live in Tucson Az. If anyone can share connects for wholesalers I would greatly appreciate it. I already have a contractor and subcontractors for work and funds, just need the deal. 
 I flip, invest, and I am a real estate agent in Tucson AZ. Can return the favor if wanting to dip into that market . I am   open to partnering as well.   

Just a mom trying to keep her promise to her daughter. 

Most Popular Reply

User Stats

20
Posts
9
Votes
Clark Kahawaii
  • Property Manager
  • Kailua-Kona, HI
9
Votes |
20
Posts
Clark Kahawaii
  • Property Manager
  • Kailua-Kona, HI
Replied
Quote from @Loren Cota:

Hi, yes I am still looking. I am pretty open. Kona side, Waikoloa, Hilo, and Keaau. Pretty much whatever makes sense.My plan is for it to be a midterm rental most the year and then be there for a portion of summer to be close to my daughter. 


 Aloha Loren, not sure if you are still looking for a rental here on the Big Island. Just wanted to let you know to be careful about planning for a midterm rental (1-6 month). There is a bill in legislation (Transient Accommodation Rental - TAR Bill) for Hawaii county, that is trying to do away with mid term rentals completely. I am a property manager in Kona and we are not currently taking on mid term rentals because we don't want to promise anything to our owners that we may have to go back on if the bill passes to some capacity. Not that you can't operate them now, but probably a good idea to have multiple exit strategies. It may end up having to turn into a long term rental(180+ days). Feel free to reach out if you have any questions.

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