All Forum Posts by: Duc Ong

@Chris DeMello I agree 100%, in fact it's a big part of my strategy currently, and for as long as they will keep offering them!

Congratulations!  What has your experience been dealing with section 8 on Maui?

@Daniel A Lee Kim I agree that this seems high.  If you have time, I would recommend subbing it out yourself.  You would not only save money, but learn a lot about the process.  This past summer, I updated my 2 bathrooms in my small 2/2 condo, for a little over $10K, by subbing it out myself and doing whatever I can on my own.  If you do go this route, you could get the owner builder permit and save some money on that as well.  If you want some recommendations for contractors, let me know!

@Phillip Williams Oahu may be difficult to find positive cashflow, but there are a few options. One is short term rentals and the other is multi-unit properties. BRRRR is generally a good strategy also, since there are many dated properties on the island. Like @David Varvaro said, it's possible to get both cashflow and appreciation, if you find the right deal. Let me know if I can help! 

@Savannah Lewison I would highly recommend working with @Anthony Angotti if you are going to buy in Pittsburgh.  He's very knowledgeable and has a solid portfolio of properties in the area.  Let me know if I can help!

@Mark Waite I'm thinking Kihei, but I'd be open to other areas as well. What areas have you found to be most STR-friendly in terms of legislation?

Thanks @Ryan Murdock !  BTW, I loved your advice on the recent podcast regarding maintaining adequate reserves.