Short-Term Rental Rule Amendment – “Policy Pivot”?
On August 20, 2021, the DPP advertised this Memorandum and DRAFT Bill to amend existing short-term rental rules. A public hearing is on 9.1.2021. The Bill is described as a “policy pivot” and states...
View ArticleWhen Does Buying A Hawaii Home Make More Sense Than Renting?
Here is a broad sweeping statement lacking analytical detail: Buying your Hawaii home makes more sense than renting when you are committed to living in the same home for a minimum of 5+ years, unless...
View ArticleOahu Real Estate Market Update – Mid-Year 2021
— If you have been waiting for the most affordable time to buy Hawaii real estate in decades, we just passed it during the last 6 to 12 months. Still, Honolulu appears undervalued relative to...
View ArticleNew Hawaii Property Tax Rates 2021 – 2022
— Hawaii’s new property tax rates effective July 1st, 2021 through June 30th, 2022. (Fiscal 2021) See related article: Guide To Honolulu Property Taxes Maui County introduced several changes over...
View ArticleVacation Homes As Part Of A 1031 Exchange?
Summary: A 1031 exchange is a terrific tool to defer capital gains taxes and build wealth with real estate.Personal residence? Investment property? – Vacation homes can be hybrids. Know how you can...
View ArticleHow To Improve Your Condotel Rental Income
Summary: Income statements are meaningless without proper context.Some rentals perform better than others. Implement what needs to be done to optimize performance and join the ranks of the highest...
View ArticleBlocked views? The Fear Of Future Developments – FOFD
Here is a bold and broad-sweeping statement: The fear of a perceived imminent threat is far greater than the threat itself. This applies to many areas in life, including real estate. Specifically,...
View ArticleOahu Real Estate Market Update – January 2021
One year ago, I reported here how a home buyer was disappointed that 2019 did not deliver him the buying opportunity he was hoping for. His plans for 2020 were: “I will wait until after the election...
View ArticleLooking For Foreclosures In Hawaii?
Whether you are an aggressive vulture investor looking for deep-discount distressed properties, or you are just curious about what the market might bring, either way, the ‘expected’ tsunami of...
View ArticleHARPTA & FIRPTA Tax Withholdings – Avoid The Pitfalls
If you are already familiar with HARPTA & FIRPTA and just want to avoid the pitfalls, then scroll down to the bottom for real life stories starting with ‘The Tax Office Claims That The Withholding...
View ArticleCondotel Opportunities – COVID And The K-Shaped Recovery
Every week we receive dozens of inquiries about Waikiki condotels. Including a 9:46 pm phone call last week from China by a gentleman who “wants to buy about ten condotel units and is starting his...
View ArticleClimbing The Wealth Ladder With A 1031 Exchange
— We are blatant proponents for you designing and living your life on your terms. That includes choosing where and how you live. We are strong advocates of homeownership and property rights. We...
View ArticleDefine The Purpose Of Your Purchase
— Our brain’s ‘executive functions’ include the ability to evaluate, decide, and plan. To accomplish tasks we use our cognitive control abilities including focused attention to stay on track with...
View ArticleCOVID Split The Market: Homes Are Hot – Condos Are Not
— A lot has changed since COVID took center stage. Here are some stats on how we are adjusting. Consumer Behavior Courtesy of Paul Brewbaker, the following two graphs are from Paul’s 8.19.2020...
View ArticleConfessions Of A Real Estate Investor
— Collecting rental income from investment properties can be fun and lucrative, …until it no longer is. COVID-19 temporarily changed the prospects of rent collection for two reasons: 1) Eviction...
View ArticleReal Estate Versus The Stock Market
— Last week media outlets circulated a story with headlines like this: “Real estate is no longer Americans’ favorite long-term investment.” Over the years we’ve seen similar headlines when the stock...
View ArticleMarket Update – Mid-Year 2020
— An epic battle is raging between massive unemployment and Q-Infinity while the sneaky coronavirus is still trying to do us in. – Are we doomed? Six months ago, the economy looked fabulous and real...
View ArticleHow Will This Story End?
— In a couple of years, you might reflect and say: “I wasted a lot of time during this recession playing the victim.” Or you might say:“I took a leap of faith, changed my narrative, and seized a...
View ArticleNew Hawaii Property Tax Rates 2020 – 2021
— The tax rate for Oahu’s new ‘Bed & Breakfast Home’ category is $6.50 per $1,000 assessed value. This new ‘B&B Home’ property tax rate will apply to properties obtaining new permits under CO...
View Article‘Dual Agency’– Who Is Representing You?
— Two Recent Real-Life Stories: 1) A seller listed their property with a real estate agent who claimed to have the right buyer for the seller’s property. Sounds alluring. It’s also the oldest trick in...
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