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Updated about 6 years ago on . Most recent reply

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Betty Hahn
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Need advice being an REI in Hon. Hawaii

Betty Hahn
Posted

Realtors told me that wholesaling is not popular in Hawaii. I live on Oahu where the market is so high. I’ve heard from others there are rules to wholesaling here and many brokers don’t not know the rules on wholesaling. Please advise. Thank you.

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Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
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Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
Replied

Hawaii's population is very debt adverse so people are very fiscally conservative... that combined with the fact that the ohana comes in and helps if anyone falls behind.... means little to no foreclosures.

In addition wholeselling is extra tough because Hawaii just has so much dumb money and international money chasing non cashflow deals that don't make sense.

  • Lane Kawaoka
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