Need advice being an REI in Hon. Hawaii
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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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.