In my experience as an investor and trader, I have found that unloading a non performing investment is very hard for most people to do.

So what you do now is sell it for $600,000 (sometimes it doesn't pay to be greedy), and take your $100,000 and put it towards another property.

This is definitely a "get what you pay for" type service though so I wouldn't get too greedy with it.

Then along comes entitled son trying to stick his greedy paws into his dad's business.

I like the corporate lodging site mentioned and will also look into that.In terms of Hawaii regulations, to legally do a short-term rental you would need a non-conform use license, which hasn't been issued since the 80's (you can thank greedy hotel lobbyists for that).

Would like to connect and discuss ideas. VNO got hit this past week. Are you buying? How about NLY? Thanks!

hahaha Combination of government and bank greed is what started the problem!

It would have to be a 1 in 20,000 property for me to have to consider going through something like that.I look for sellers trying to get a more reasonable yield and not be greedy to pick one buyer who can close the sale.

I've spoken with traders who make $10k a day, and real estate investors who have millions of dollars in real estate.

I recently submitted an offer for a property as an investor (non-owner occupant). I thought my offer was fair (more than 80% of what they were asking). This was already after their "First Look" period. My realtor info...