All Forum Posts by: Mark Guagliardo
Mark Guagliardo has started 7 posts and replied 67 times.
Post: New member from Hawaii with ties in Oregon
- Real Estate Agent
- Makawao, HI
- Posts 73
- Votes 33
Originally posted by @Lilia Andrew:
Mark Guagliardo How is the market in Kihei? I love Maui but it seems pricey!
Market is the same in Kihei, for investors have to keep in mind it is a Resort Market.
If your looking for Investment Rentals, buy by the numbers, not emotion.
https://www.biggerpockets.com/blogs/8050/48883-buy-a-hawaii-vacation-rental-and-have-it-pay-for-itself-unicorn-alert
Post: New member from Hawaii with ties in Oregon
- Real Estate Agent
- Makawao, HI
- Posts 73
- Votes 33
Aloha! from Maui
Post: Buying in a great vacation rental market
- Real Estate Agent
- Makawao, HI
- Posts 73
- Votes 33
Make sure you do the numbers and avoid emotion based purchases in Hawaii
Post: Aloha from Honolulu
- Real Estate Agent
- Makawao, HI
- Posts 73
- Votes 33
Make sure you do your numbers before buying, avoid emotional purchases....
Check out my blog on Rentals in Hawaii
https://www.biggerpockets.com/blogs/8050/48883-buy-a-hawaii-vacation-rental-and-have-it-pay-for-itself-unicorn-alert
Post: Real Estate Investor from Bay Area California
- Real Estate Agent
- Makawao, HI
- Posts 73
- Votes 33
Aloha,
Feel free to contact me. I own a brokerage and we buy/sell on all islands of Hawaii, and we rebate you 50% of the buyers commission, save thousands...
Post: Longevity of home in Hawaii?
- Real Estate Agent
- Makawao, HI
- Posts 73
- Votes 33
Question is, What will you do after you tear down? Are you planning on rebuilding?
If so, perhaps you may want look at the overall project and the costs and timeline involved, especially what options are available for a construction loan ( the tear down and removal can be included if negotiated) and if the time and costs justify the end results, just to make sure that you don't over-improve and spend more than the market value of the improvement would make, if no emotional connection to the land, might be better to sell as-is and let another develop, lot of factors to consider, have a few contacts that you can ask, so you would be able to get a larger picture of time and costs.
Post: Owning rentals on the Big Island, Hawaii.
- Real Estate Agent
- Makawao, HI
- Posts 73
- Votes 33
I agree with John, Long term is less weekly hassle with lower potential ROI, and when doing vacation rentals unless well versed in remote property management bookings, maids, supplies, repairs, check-in, check-out, can provide unique experience, also be aware of Hawaii Laws regarding off island landlords, and property management company fees.
Puna offers the advantage of lower priced homes, we sell quite a bit in that area, as well as Kona and Maui and you have to weigh the COST/ROI over other potential areas, ie. Kailua Kona, Kihei Maui, etc..