All Forum Posts by: Manly Souza
Manly Souza has started 1 posts and replied 92 times.
Post: Hawaii Investor

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
Hey what's up. What part of the island are you currently flipping?
Post: New Investor from Hawaii

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
Condos. The maintanence fee can often be a hindrance in attempting to get cashflow but it's just a part of making the numbers work. If the numbers don't work I walk away from the deal. In the beginning I used to buy emotionally and it took a couple of deals to figure out how to not buy emotionally.
Post: New Investor from Hawaii

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
I've cashflowed with 0 down on a property plus value add and a refi in Makaha. And I am currently cashflowing on another property which I put 20% down. I just bought another in Aiea. I also put 20% down on this one in Aiea because I knew the demand was going to be fierce for this property and I wanted to lock up the seller in a contract ASAP.
Let's have lunch one day. I'd like to see a BiggerPockets Hawaii chapter, where we can all sit down and have coffee/tea/beer/whiskey in that order, haha.
Post: new-ish member from Hawaii

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
Smart move. Out of state is way cheaper than here. I struggle to find cashflow properties here, and when I do I move quick on them because it'll be a bidding war if I don't lock the property up in a contract.
Post: New Member from Texas,Washington moving to Oahu.

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
I think all of Hawaii bigger pocket members should get together sometime soon. We're growing.
Post: New Member from Texas,Washington moving to Oahu.

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
Welcome. I was looking at a 2BR foreclose in lower Mililani. I ended up in Aiea, but Mililani is still on the market. After my refi is done on a separate property I'll be looking for another purchase. Schofield moved a bunch of military personnel off the island so central Oahu's rents have shifted dramatically in the past year.
Post: Cash flow on Oahu?! In escrow on my first property!

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
Yea buddy. The Hawaiian time thing can be super annoying, but it can also be pleasant. I just closed on a property in Aiea and I have contractors bidding for a big job in the condo. I want to start the job ASAP but they want to start in December. It's super grrrrrrrr, but it's also whatever. It's important to have a reserve for emergencies or for things that are out of our control. @Duc Ong and I have been communicating through email recently and I think he is about to start his real estate investing journey as well.
Post: Aloha

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
Yea man. Hit me up when you get here. We'll have lunch.
Post: Hawaii Tenant Placement Property Management

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
I recommend googling property managers on that side of the island. Not being there will force you to get a property manager. If you get a good one it is a great experience.
Post: Aloha

- Oahu, Hawaii. Investor & Realtor.
- Posts 95
- Votes 11
@Account Closed
Hawaii is an intimidating market for sure. People be like, "$300,000 for a condo? ZOMG." LMK how the Texas market is relative to here when you go, as I'll be looking to invest in the mainland when I grow a pair and become ready to buy properties sight unseen.