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All Forum Posts by: Kawika Burgess

Kawika Burgess has started 0 posts and replied 4 times.

Hi Brent,

Yes, neither were purchased by investors as cash flow properties. Million dollar home purchased by an executive and needed to relocate. Instead of sell at a loss decided to allow the equity to build for a few years. Second owner purchased their second home and had built enough equity in the townhouse for the property to cash flow in an area with high appreciation. Many of our owners are in this category of "investor".

Hows the Ohio real estate market and how much do million dollar homes rent for in Ohio?

Sincerely,

Kawika 

Hi Erik,

We recently rented a 4 bedroom property valued at a little over $1m for $4200/mo. 

We recently rented a 3 bedroom townhouse valued in the $500K range for $2,600/mo. 

Aloha,

Kawika Burgess

Keep in mind that the ADU law limits rentals to 6 months minimim?

Post: New Member from Honolulu, Hawaii

Kawika BurgessPosted
  • Lender
  • Honolulu, HI
  • Posts 5
  • Votes 0

Welcome to BiggerPockets!