Category Archivesss: Our Blogs

2016: Why You Need a Property Manager



Hiring a property manager or team will significantly add value to your personal life as well as your income property investment. Here are some ways a great property manager is beneficial to you:




An efficient property manager will take their time and use their professional experience to choose the best tenant for your property. By conducting thorough reference and background checks and briefly interviewing potential tenants through property showings, you can rest assured your property manager knows how to spot red flags (as well as green lights) by carefully screening tenant applications.

A good property manager knows the latest and relevant tenant and landlord laws, etc. so you can be relieved of any headaches that come with legal issues as a rental property owner. This knowledge your property manager has could potentially save you thousands of dollars in legal fees should an unexpected situation arise.

A property manager serves as the middle man between yourself and your tenant, creating a tighter system when it comes to rent collection.  They are responsible for ensuring the monthly payments are received on time and handles the eviction process if necessary. The property manager will follow the terms of the lease agreements and enforce consequences.

A property management company will be able to assist you during tax season and even file the necessary forms for your property type. This will alleviate some of the pressure on you that comes along with tax filing and claims.

A proficient property manager will have a seasoned network of licensed and insured contractors who provide quality work at better prices.  They will save you the time and money of doing all the research and job comparisons yourself.  Their experience and knowledge of maintenance issues helps them to supervise their work and ensure your property is cared for with professionalism.

Hiring a property manager will not only be a benefit to the value of your property, but will also be a great personal benefit to you as a rental property owner.  They will significantly reduce the amount of stress you would have handling all of the tenant issues, emergencies, property maintenance, and of course the endless amount of paperwork and files.

With the property manager tending to the endless (and constant) needs from your income property, you will have more time to give attention to other aspects of your personal life.  This means your time is freed for travel, family, and other business ventures.

2016: Three Ways to Buy a House with No Money Down


It sounds too good to be true, but imagine taking out a loan to buy a house without putting any money down. Conventional wisdom suggests you need to front at least 20 percent of the purchase price of a home, but it turns out there are ways to qualify for a loan without a huge down payment. “Most people don’t know about it,” says Kalama Kim, president of the Honolulu Board of Realtors, who will lead a seminar on March 26 explaining how this is possible. Here’s a quick rundown of each option:


VA loans from the U.S. Department of Veterans Affairs are available to veterans who meet certain criteria. While most people probably won’t want to join the military just to buy a house, current or soon-to-be veterans should look into VA loans, which Kim says offer the same fixed rate as regular mortgages, but with no money down.


The U.S. Department of Agriculture issues loans with no money down for houses in certain areas along the Wai‘anae coast, in Kapolei, ‘Ewa Beach, Makakilo, Waikele, Waipi‘o, Kunia, along the North Shore and in Waim?nalo. “A lot of the island is eligible,” says Kim, though there are income restrictions and you will have to pay a mortgage insurance premium if you don’t put any money down. USDA loans are only for owner-occupied residences.


There’s another, non-government program that utilizes national vendors to get you a loan for a house anywhere on the island, worth up to $1 million. The interest will be higher and you’ll have to join a credit union, but you won’t have to put any money down at the start.

A fourth option could be a Hula Mae loan, but Kim says the program has not been funded in two years.

Learn more at the “Buying with No Money Down” seminar, where Kim, along with a loan officer and a realtor, will go into detail about these programs. They will also go over how to negotiate when you’re up against someone else who can put money down. “It’s actually not too good to be true,” he says.

(source: buy a house with no money down)

Surf Lessons at the Famous Waikiki Beach!


Many visitors to our island home want to get right to the beach, enjoy the sand, and maybe get in a little surf time.

For the novice surfer, it won’t hurt to check out the beach boy stands at Waikiki Beach and ask them for a surf lesson. They aren’t free, but if you haven’t surfed before, it’s worth forking over a couple $20s to learn from someone who gets to surf all day everyday.

Most concession stands charge by the hour, and depending on what time of year you visit, you may have to book an appointment.

The Christmas season is ALWAYS busy and the summer months can get crowded too.



  • Admit that you are not an expert, and do not attempt to be one. Ask lifeguards for advice.
  • Be honest about your swimming ability. The ocean is not a swimming pool.
  • Never turn your back on the ocean. Being hit by a wave while you’re not watching can cause serious injury. Waves can sneak up on one.
  • If you get caught in a current do not struggle against it. Rip currents are usually narrow, so calmly swim perpendicular to the current direction to get out of it, and then you will be able to swim back to shore.
  • If you need help, shout “Help” (and not a family member’s name) or wave an arm to get attention.
  • Always remain calm and relaxed in the ocean, whether you get caught in a current, hit by an unexpected wave, or bump into a turtle. Panic leads to drowning because of uncoordinated movement, sporadic breathing, and increased oxygen usage.
  • Never take your eye off children in the water, no matter how calm the ocean.
  • After watching the ocean for 30 minutes, only enter the water if you can handle waves 2x the size of what you’ve already seen. The only way to get a good idea of what the ocean is capable of throwing at you that day is to check the local surf report or ask a life guard.
  • Remember, people also drown after being swept off rocks. Watching big waves from rocks next to the ocean is a very dangerous activity. Know the surf report before you approach any exposed location.
  • A current can pull you away even in waist high water.
  • Boogie board in conditions that suit your skill level. However tempting, don’t follow local kids when the waves aren’t breaking nicely.
  • Don’t over estimate your swimming ability with snorkel gear. Snorkeling is a strenous activity.
  • The ocean can be extremely inviting even in dangerous conditions. When in doubt don’t go out.

Too many rules to recall? Then remember just one – swim in front of life guards.





2014: April Housing Sales Drop


The April down turn in Honolulu home sales point to continued low inventory in the market. Sales of VIEWsingle-family homes fell by 11.8% in April 2014, while condominium sales fell by 2.6% from a year ago.

On average, homes are on the market just  21 days before going into escrow. This pattern has been an ongoing driver for at least the last year pushing home prices steadily upward for most parts of the island.

The median price paid for single-family homes in April increased by 3.7%  from the same month last year to $648,000. The median price for condominiums increased by 6% from March of last year to $355,000.

2014: Honolulu Home Sales In March


HONOLULU— In March, sales of single family homes increased by 6.5% while condo sales fell by 5.8% compared to sales a year ago. The median price paid for a single family home rose by 2.7% from the same month last year to $657,000. Condo sale prices also rose by 2.9% with the median price at $350,000.

Homes are selling fast! The average amount of time a single family home spends on the market is just 17 days. While condos spent about 25 days on the market before going into escrow.

2013: Low Inventory + Interest Rates Help Move Oahu Real Estate Market

The stats for December 2013 just came in, and the market is still strong for both buyers and sellers. With just under 3 months of available inventory on the market, homes are selling fast and usually at full asking price.

Available inventory means that if no other homes were listed for sale, all of the available homes on the market would sell out in less than 3 months. This is great for sellers who are able to sell their homes for what they’re asking.

If you are a buyer, you might be thinking that this is NOT good news for you, but not so fast! Lower interest rates means you might be able to get into a BIGGER home. But, don’t wait too long. Although rates remain low, new lending rules are making it a little harder to get a loan.

If you’d like more information about the market in your part of O`ahu please e-mail me at:


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2013: Median Price for a Home = $1 Million

Honolulu home sales continue to move at a fast pace. Single family homes received an accepted contract in just 17 days, condos were sold in 20. Prices are also increasing as high demand and low inventory continue to thrill sellers with multiple over-asking price offers.

Buyers paid, on average, $788,000 for a single family home and nearly $400,000 for a condo in July. Economist Paul Brewbaker told Honolulu Magazine, “People are going to have to wrap their heads around the idea of a median single-family home price on Oahu of $1 million before the 20-teens are over. It’s conceivable home prices could double….within the 20-teens.”

But, don’t forget that interest rates are still very low. Interest rates continue to hoover at around 4%. I know that large price tag may sound scary to a lot of you home buyers. Especially when many are finding it difficult, even with over asking price offers, to get into escrow. That large price tag does not mean all the homes are selling for that price. There are still a lot of homes available for under $500,000.

SEE HERE: Honolulu HOME SEARCH. This next property may not be the home of your dreams, but it is important to look at this time frame in real estate as an opportunity.  Even with the market lows and highs, Honolulu home values have on average increased 5% every year since 1985. Not a bad investment! So, basically what it comes down to, is just get your foot in the door. Get something you can make payments on, make it your home, or rent it out. But, just do it!

And when you’re ready, e-mail me at