Real Estate Investing in Hawaii: pros, cons, build, flip, or rent

[Brandon Libao]

I am a newbie to real estate investing. I see a lot of people putting up spec homes in our area and seemed like a good idea. However, after doing much research, I realized how difficult it is to get in to such a saturated market especially with whatever market recession some of these “pros” are predicting. I was wondering if anyone is in the rental property market here in Hawaii? If so, how much work does it take to get into and maintain a status in rental properties? I am a full-time RN here and am looking for more of a passive income than anything.

All replies welcome.

[Robert Koncal]

Aloha @Brandon Libao,

Hawaii is definitely a tough market but people are still doing what you want to do so it is possible which is a great news. I work with a lot of investors/flippers. As far as rentals, it depends what you're looking for. Cashflow or appreciation. Cashflow is definitely hard to do here in HI because of the property price. But there are other avenues how you could make passive income from real estate. You can look at the ledning side, that's always a great side to be on. 

Good luck!