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Updated over 8 years ago, 08/12/2016

User Stats

8
Posts
3
Votes
Charles Curameng
  • Honolulu, HI
3
Votes |
8
Posts

New member. Aloha from Honolulu

Charles Curameng
  • Honolulu, HI
Posted
My name is Charles and I would like to say hello and introduce myself to the Bigger Pockets community. Got my feet wet back in the early 90s. It was a small 3 bedroom one bath single family lakefront with a large backyard in Orlando Florida. Learned how to rehab from working at an apartment complex painting and doing minor handyman jobs. The house was about to be demolished and was abandoned by my family but the payments were kept up. I rehabbed the home but it took me the better part of four years because I was fo acing my project with minimum wage earnings. When it was finished all the neighbors came to congratulate me on making the house look the best it had looked ever. Family members were now interested in the place. Naturally My mother rented it out for several years. Next my sister and her opportunistic husband talked my mother into selling the home to them for little profit. Soon after that happens the market crashed. By then I thought my dream as a real estate investor and house flipper was long dead. I had no clue how to raise any capital to start with another project. To top it all off the market crashes in 2008-09. Only until today I have been led back by a series of incidental situation. I feel I finally will have my second wind after 20 years. Am happy to have found this site and forum and I enjoy knowing I am a part of a great community that shares in my original life dream. I am seeking mentoring and am shooting for a chance to learn from Phil Pustejovsky. Thank you for reading and feel free to drop me a line if there is anything I can help with at all. Good luck to all and I look forward to keeping up with everyone. Mahalo

User Stats

7,831
Posts
1,138
Votes
Michael S.
Pro Member
  • Biggerpockets Support
  • Las Pinas, Metro Manila
1,138
Votes |
7,831
Posts
Michael S.
Pro Member
  • Biggerpockets Support
  • Las Pinas, Metro Manila
Replied

Welcome to BP Charles. It's great to see you back on the investing game again. All the best on the next deals

  • Michael S.
  • User Stats

    7,152
    Posts
    881
    Votes
    Dave Visaya
    Pro Member
    • Audio Engineer and Investor
    • Cebu City, Cebu
    881
    Votes |
    7,152
    Posts
    Dave Visaya
    Pro Member
    • Audio Engineer and Investor
    • Cebu City, Cebu
    ModeratorReplied

    Hey @Charles Curameng, welcome to the site! Feel free to jump in the community here and also take advantage of the treasure of knowledge here.

  • Dave Visaya
  • CV3 Financial logo
    CV3 Financial
    |
    Sponsored
    Fix & Flip | DSCR | Construction Loans Up to 90% LTV - Up to 80% Cash Out - No Income Verification - No Seasoning Requirements

    User Stats

    8
    Posts
    3
    Votes
    Charles Curameng
    • Honolulu, HI
    3
    Votes |
    8
    Posts
    Charles Curameng
    • Honolulu, HI
    Replied

    Michael Sato Aloha and Mahalo for your support! It means a lot to me.

    User Stats

    8
    Posts
    3
    Votes
    Charles Curameng
    • Honolulu, HI
    3
    Votes |
    8
    Posts
    Charles Curameng
    • Honolulu, HI
    Replied

    Dave Visaya Thank you for being so welcoming. I really appreciate it.

    User Stats

    362
    Posts
    93
    Votes
    Justin Young
    • Investor
    • Honolulu, HI
    93
    Votes |
    362
    Posts
    Justin Young
    • Investor
    • Honolulu, HI
    Replied

    Good to see you on here @Charles Curameng. Need to set up another massage with you bro haha. This place is the one stop shop for all things related to RE. Welcome!

    User Stats

    8
    Posts
    3
    Votes
    Charles Curameng
    • Honolulu, HI
    3
    Votes |
    8
    Posts
    Charles Curameng
    • Honolulu, HI
    Replied

    Justin Young It's awesome to see you on here. I started painting as a second form of income and I rehabbed a condo in Waikiki. I was curious and asked my massage client who was an agent and a broker about the property I rehabbed. Get this. The condo was bought in 2005 for 49k. It's listed for 450k. Wow. What a return. The owner is finally getting offers closer to what she wants after I rehabbed. I know how to rehab quickly cheaply and never fails to impress. I don't want to do painting as a business but I now have an entire arsenal to rehab a property right away and with my own sweat equity. Let's meet with my partner who comes from a real estate family one day. Looks like you are starting out. Since I've decided to become an investor again new dimensions have opened up to me. I would love to share my ideas with a fellow Oahu investor. Since I know you already I think I feel comfortable with sharing them with you. One of the plans is to line up foreign investors. My wife will be seeking investors from Japan. Thanks to so many resources I've found on the Internet the creative ideas are exploding. Justin I would love to tell you everything I have discovered. The Hawaii market is very unique and different from the continent. A little factoid for you: Waikiki has 70% of its property in need of rehabbing. Contractors are put off by taking jobs there because of lack of parking! Lol! We love our parking too much. Luckily I've devised a system to get tools and supplies into Waikiki without needing a parking stall. The condo that I last rehabbed the seller wasn't even going to rehab it! Because investors in Waikiki know the value will go up regardless of rehabbing or not. Since I rehab on the fly and on the cheap and top notch it will guarantee a 20% increase in value. Looks like no one else on here is interested. So it's me and you. Let's. Talk. Mahalo. Hit me up.

    User Stats

    240
    Posts
    60
    Votes
    Jasmine C.
    • Real Estate Consultant
    • Reno NV
    60
    Votes |
    240
    Posts
    Jasmine C.
    • Real Estate Consultant
    • Reno NV
    Replied

    welcome good to see more hawaii members.  if you are interested in a meet up put one together on the west side once a month.  message me if you are interested.

    User Stats

    95
    Posts
    45
    Votes
    Patrick Franta
    Agent
    • Realtor
    • Wailea, HI
    45
    Votes |
    95
    Posts
    Patrick Franta
    Agent
    • Realtor
    • Wailea, HI
    Replied

    Aloha all!  If any of you ever need any market info on Maui please consider me a resource!  Mahalo.

    • Patrick Franta

    User Stats

    538
    Posts
    431
    Votes
    Bryan Blankenship
    • Investor
    • Cincinnati, OH
    431
    Votes |
    538
    Posts
    Bryan Blankenship
    • Investor
    • Cincinnati, OH
    Replied

    Aloha!  Welcome back to investing ant to BP.  

    User Stats

    8
    Posts
    3
    Votes
    Charles Curameng
    • Honolulu, HI
    3
    Votes |
    8
    Posts
    Charles Curameng
    • Honolulu, HI
    Replied

    Bryan Blankenship Aloha to you. Thank you and it's good to be back! I feel like a sleeper has awaken. Thanks for welcoming me. All the best of luck to you.

    User Stats

    11
    Posts
    1
    Votes
    Rechung Fujihira
    • Honolulu, HI
    1
    Votes |
    11
    Posts
    Rechung Fujihira
    • Honolulu, HI
    Replied

    @Charles Curameng Wow thanks for sharing your story. Your ideas on Waikiki sound pretty interesting as well especially the parking thing. It's a thing. Good luck!