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All Forum Posts by: Daniel Kong

Daniel Kong has started 22 posts and replied 326 times.

Post: First Flip Completed Successfully! W/ Pics and Numbers

Daniel KongPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 335
  • Votes 251

Great work! Gotta agree with everyone. Pretty impressed by that new kitchen and shower!

Post: Wholesalers in Hawaii

Daniel KongPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 335
  • Votes 251

Hey @Mike Darcey , did you have any luck setting up your team? I'd be interested in meeting up and seeing if I can add any value to what you have going on or planned. Coffee date still standing? 

Post: Can you include property management terms in purchase contract?

Daniel KongPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 335
  • Votes 251

Hello! I'm in the middle of buying a rental out of state right now. The person negotiating the sale knows the seller and also is managing the property. He is guaranteeing me the first year of rent, if I purchase the house. He is also willing to lower the purchase price of the house, if he cannot find a renter at the price we are looking for. Is there some way to include this agreement in the contract to purchase the house? Has anyone heard of something like this before? There are a couple reasons why I'm a little hesitant to pull the trigger.

1. I haven't met the person negotiating the sale in person, and won't be able to. 

2. The promised rent is a little higher than the average in the area, and it would also be a Section 8 renter.

What do you guys think?

Post: New Investor from Hawaii!

Daniel KongPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 335
  • Votes 251

Hey @Allan Rosso, I'm open to buying anywhere, but at this point, it looks like I'm planning to buy something out of state. Looking for some rental options in a few different cities. Exploring what is out there right now. 

Post: New Investor from Hawaii!

Daniel KongPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 335
  • Votes 251

Thanks guys! Been consuming all the guides and podcasts I can! So much good stuff here!

Post: New Investor from Hawaii!

Daniel KongPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 335
  • Votes 251

Hello Bigger Pockets family! My name is Daniel, I'm a software developer from Hawaii, and just getting started in this exciting new world of investing! Like many of you, it started with Rich Dad, Poor Dad, then to Youtube, along with a ton of other quality books (Many by the awesome @Brandon Turner). 

Just excited to learn more and more, and be a contributing part of the community. I've learned so much from here so far, and I'm actually in the middle of my very first purchase!