All Forum Posts by: Duc Ong

@Matt D. Awesome, see you then!

Join us for an exciting Honolulu Multifamily and More Virtual Meetup on 

Tuesday 6/9/2020 at 6PM HST

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• Networking Breakout 2
• FREE Book Raffle: The Honey Bee 
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@Anna W. On the buy side, you don't get much of a discount for not having representation, since the commission agreement is between the seller and the listing agent. Therefore, the listing agent would just keep both sides, and you would not have any help with the transaction from a fiduciary standpoint. 

@Jacob Trimble sent you a DM

@Luis Yamil Hernandez house hacking with a VA can be a good plan, especially if you also add value. It depends on your lifestyle and what you qualify for.

@Jacob Trimble it's hard to tell what the market will be like next year, but house hacking a distressed property is generally a good plan, especially if you can add value. The biggest obstacle for most is the debt to income ratio, especially since Hawaii lenders are pretty strict.

@Mike Cavaggioni Thanks for joining us. See you next month!

Join us for an exciting virtual collaboration between 

🏨 Honolulu Multifamily and More and 

Active Duty Passive Income on 

May 12, 6 - 8PM HST

Agenda:
Educational Segment: Underwriting
El Paso deal update
Small Group Networking
Military Investing Panel
FREE Book Raffle

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May 12, 2020 06:00 PM Hawaii

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@Armand P. It can be tough to make properties cash flow here, and the potential for market appreciation is uncertain, especially in these times. However, I think the cap rates are low because of the perceived lower risk. One pro with low cap rates is that forcing appreciation can lead to a bigger equity gain. This can be harder if you're remote, but not impossible.

I would suggest looking for distressed sellers and finding your own deals, especially if people begin to fall behind on their mortgage. You do need capital though, so maybe partner with someone with money?