All Forum Posts by: Darrell Degrazia

@Darrell Degrazia We have a Honolulu Multifamily and More meetup on 3PM this Sat. 12/10 at Lokahi Brewing, if you want to meet other investors and network. I would recommend meeting as many investors as you can and build your network when you are first starting out. PM me and I'll send you more details.

@Kapono Kobylanski Congrats on your success so far! That's awesome your goal is a house hack in Kahala. I just bought a 3 unit near Kahala Mall earlier this year as well. I don't think it's crazy. In fact, in this softer market, it's become less competitive, especially at the higher price points. So, there could more opportunity now and into 2023, so long as rates remain high. Of course, it's going to require a significant amount of liquidity, which is the barrier for most investors. 

Aloha, @Darrell Degrazia - welcome to the Hawaii scene. I've been doing deals for 10+ years now - just wrapped up a 6-figure flip in Waianae yesterday.

Lots of great info here - reach out for help.

It is remarkable! I'm crazy shocked! Beginner's luck maybe? My strategy is: to get clear on your why and tell everyone who will listen to you what you are doing and why, treat REI like getting another college degree so invest money and time into the education, and take informed cautious action.

the money I've spent in educating myself has just been this membership and many books and I paid my new CPA $500 to fire questions at him like crazy for an hour. I don't know how I feel about those expensive programs out there. Bigger Pockets on YouTube is EVERYTHING!!!!! And free! 

I have a great-paying job and excellent credit. I had equity in my home. I have a supportive husband that is down to let me run wild with my goals and our money. I also have obtained 2 bachelor's degrees (biology/nursing) so I am no stranger to studying my *** off. so I had a lot going for me when I started. But I do work full time and have a teenage daughter and two toddler boys. I earn most of the income for our household too. Hawaii is so expensive to live in and nurses here get paid the worse of all 50 states when you factor in the cost of living. So it hasn't been a walk in the park, but it would be worse. It's better than the alternative which is working full-time as a nurse until I'm 65. 

Aloha!

I'm in Honolulu too! I just started this year. Well, end of last year if you count when I started watching podcasts and reading books. I have 3 doors now. One of them is out of state. I'm focused on tax strategies at the moment but I plan on purchasing a house hack /multifamily in Kahala in April. Big goal huh? I hope I can pull it off! I KNOW I can!!! I'm trying to stay positive about the crazy goal. haha

Good luck with your adventure! I am looking for a mentor as well and people who are interested in REI locally. My nursing friends are inspired by me but I'm sure they are a little over me talking their ears off about tax breaks and investing in real estate.