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Wholesaling

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6
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Loren Cota
  • Flipper/Rehabber
  • Tucson
4
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6
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Wholesaler on Big Island

Loren Cota
  • Flipper/Rehabber
  • Tucson
Posted Jun 30 2023, 08:30

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. 

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Jerryll Noorden#1 Wholesaling Contributor
  • Flipper/Rehabber
  • Wilton, CT
3,753
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4,505
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Jerryll Noorden#1 Wholesaling Contributor
  • Flipper/Rehabber
  • Wilton, CT
Replied Jun 30 2023, 18:27

Your best bet is to establish a website and do SEO for that market. Deals come to you.

Here is what a credible website that ranks #1 on Google produces.

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16
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4
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Chris Piel
  • Rental Property Investor
  • Kailua Kona, HI
4
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16
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Chris Piel
  • Rental Property Investor
  • Kailua Kona, HI
Replied Jul 4 2023, 20:32

I would also love to hear from anyone wholesaling in HI county. However to date I'm not aware of anyone operating here. --Local active investor. 

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Kanani Fredrick
  • Hawaiʻi
3
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7
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Kanani Fredrick
  • Hawaiʻi
Replied Aug 9 2023, 11:36

Aloha nui e @Loren Cota,

Are you still in the process of looking for a house on the Big Island? I Live on Maui, but Have lived on the big island for a few years so I am familiar with the areas. What area are you looking into and what kind of investment are you looking for? 

Hope to hear from you soon! Mahalo! 

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6
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Loren Cota
  • Flipper/Rehabber
  • Tucson
4
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6
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Loren Cota
  • Flipper/Rehabber
  • Tucson
Replied Aug 9 2023, 12:40

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. 

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6
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Loren Cota
  • Flipper/Rehabber
  • Tucson
4
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6
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Loren Cota
  • Flipper/Rehabber
  • Tucson
Replied Aug 9 2023, 12:45
Quote from @Chris Piel:

I would also love to hear from anyone wholesaling in HI county. However to date I'm not aware of anyone operating here. --Local active investor. 

 Hi, are you an investor on Big Island? If so,  how are you currrently getting your deals? 

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5
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Sean Dougherty
  • hilo, hi
5
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89
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Sean Dougherty
  • hilo, hi
Replied Aug 9 2023, 16:56
Quote from @Loren Cota:
Quote from @Chris Piel:

I would also love to hear from anyone wholesaling in HI county. However to date I'm not aware of anyone operating here. --Local active investor. 

 Hi, are you an investor on Big Island? If so,  how are you currrently getting your deals? 


 Hi,

I am on B.I. I am currently investing in the local market. Feel free to contact me. I'd be happy to go over what I have presently, or help get what you want. 

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16
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4
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Chris Piel
  • Rental Property Investor
  • Kailua Kona, HI
4
Votes |
16
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Chris Piel
  • Rental Property Investor
  • Kailua Kona, HI
Replied Aug 9 2023, 23:32

@Loren Cota. Foreclosure, pre-foreclosure, REO and MLS all have viable options. My most recent was a foreclosure, 70% of market value. The more affordable price points with foreclosures the less the discount tends to be. It can be a looooong process here compared to states like AZ, with your deposit being held for more than 6 months, so you have to understand the process.

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6
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4
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Loren Cota
  • Flipper/Rehabber
  • Tucson
4
Votes |
6
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Loren Cota
  • Flipper/Rehabber
  • Tucson
Replied Aug 10 2023, 10:17

@Chris Piel Thank you for sharing. I just reached out to my old realtor on the Island ,  shes also an investor and hopefully she can guide me. My first property that I purchased on Big Island back in 2016 was purchased through HUBZU it was the hardest transaction of my life but so worth it in the end. I regret selling it. 

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6
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Loren Cota
  • Flipper/Rehabber
  • Tucson
4
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6
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Loren Cota
  • Flipper/Rehabber
  • Tucson
Replied Aug 10 2023, 10:19
Quote from @Sean Dougherty:
Quote from @Loren Cota:
Quote from @Chris Piel:

I would also love to hear from anyone wholesaling in HI county. However to date I'm not aware of anyone operating here. --Local active investor. 

 Hi, are you an investor on Big Island? If so,  how are you currrently getting your deals? 


 Hi,

I am on B.I. I am currently investing in the local market. Feel free to contact me. I'd be happy to go over what I have presently, or help get what you want. 

 Hi Sean, appreciate you reaching out. Would love to chat. Please share your contact information. 

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16
Posts
4
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Chris Piel
  • Rental Property Investor
  • Kailua Kona, HI
4
Votes |
16
Posts
Chris Piel
  • Rental Property Investor
  • Kailua Kona, HI
Replied Aug 10 2023, 17:59
Quote from @Loren Cota:

@Chris Piel Thank you for sharing. I just reached out to my old realtor on the Island ,  shes also an investor and hopefully she can guide me. My first property that I purchased on Big Island back in 2016 was purchased through HUBZU it was the hardest transaction of my life but so worth it in the end. I regret selling it. 

Hardest transaction sounds about right. Always worth it!

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9
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Cydney Gray
2
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9
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Cydney Gray
Replied Aug 11 2023, 13:03

Aloha~ I am on Oahu and specialize in creative financing specifically for investments. I can answer any questions you may have about the types of financing available for your purchase. Some of our local banks and credit unions have great deals - much better than national lenders.  I'm happy to help.

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461
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Michael Borger
  • Rehabber
  • San Diego, CA
189
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461
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Michael Borger
  • Rehabber
  • San Diego, CA
Replied Oct 5 2023, 13:05

Hi @Loren Cota - I just wrapped up a wholesale transaction on the Big Island yesterday north of Kona. Feel free to shoot me a note of what you're looking for, and I can keep you in mind for the next one. -- Mike