When I moved to Honolulu from Washington DC in the summer of 2006, it wasn't because of anything related to real estate. I was actually entering the doctoral program of the geography department at The University of Hawaii. Flipping houses was about the furthest thing from my mind; it wasn't even on the radar. I was moving here to study maps, satellite images and coastal regions. Seven years … [Read more...]
The 3 Types of Real Estate Buyers
What does it mean when someone says they buy or invest in real estate? Or even when they simply say that they want to buy a house? It's not always Ken and Barbie looking for a 3-bed single family home in Honolulu with a white picket fence and room for Fido in the back. Today's real estate scene is savvier and more sophisticated than ever. Non-real estate professionals know more about the real … [Read more...]
Creating Wealth with Hawaii Real Estate – Part 2
In the previous post, we talked about why people may not get started yet investing in real estate even with all the amazing opportunities in today's market, especially the Hawaii real estate market. After all, real estate has one heck of a track record, especially when compared to other investment options like risky stocks and bonds. But many people think that jumping into real estate is beyond … [Read more...]
Creating Wealth with Hawaii Real Estate – Part 1
In these current times of economic and financial uncertainty, many people find themselves wondering how to best invest their money going forward. We're constantly barraged by pitches left and right, from those pushing gold and silver and other precious metals to those saying that the stock market can only continue to climb. With the stock market going up and down like a rollercoaster at … [Read more...]
What I Learned in the Hospital – Excellence
Life takes some crazy turns sometimes. I just spent a week in Queens Hospital for a burst appendix. Yes -- ouch. What I originally thought was just a persistent stomach bug turned out to be a rather unpleasant week up there on the 9th floor of Queen Emma Tower. However, things could definitely have been worse and I think I even learned a thing or two -- and not about my innards. Excellence. The … [Read more...]
Love and Real Estate
Valentine's Day is upon us yet again, when everything around us turns red and pink, couples go out for nice dinners, singles lament (or celebrate) their singledom and greeting card companies and chocolatiers rake in the cash (guilty). It's a time to appreciation the love in our lives and hopefully you've plenty to love these days. In fact, love and real estate go hand in hand. Putting aside our … [Read more...]
Tips for Finding Real Estate Deals in 2013
It's no secret that investing in real estate can be a fantastic way to build your wealth portfolio, and we have some tips for finding real estate deals here. However, there's been this giant dark, grey cloud hanging over the national housing market since the mid 2000s that understandably has made everyone extremely cautious. With banks 'too big to fail' and neighbors being foreclosed on left and … [Read more...]
FortuneBuilders Coming to Oahu and Maui
This real estate blog attracts quite a few different types of readers. There are those who are looking to sell their house fast and easy, those looking to buy a house in Hawaii at discount, and those looking for smarter ways to invest their capital, like private lending. But there are also those who want to learn how to flip houses. After all, with an unpredictable economic future and fewer … [Read more...]
3 Reasons Real Estate Investors Should Be Flipping Condos
In yesterday's post, I stated three main obstacles that real estate investors have to overcome when flipping condos. After all, most people who get into the business of real estate investing intend to learn how to flip houses. But flipping condos can bring its own rewards -- if done with the right mindset and game plan. And as Hawaii has more than its share of condos, this is a great thing! 3 … [Read more...]
Free Seminar on Investing in Real Estate With Your IRA at the Bishop Museum!
Learn How to Invest in Real Estate With Your Retirement Funds! Aloha, friends. Did you know that you can invest in real estate -- with your IRA?? It's true! The IRS does not restrict you to the typical stocks, bonds and mutual funds. So why does everyone think that's the bulk of their choices when trying to build up their 401(k) or IRA? Because that's where the Vanguards and T. Rowe Prices … [Read more...]