BP needs to put a bigger emphasis on newbies searching old threads prior to posting their questions.

This might be because of the emphasis on "taking action", and taking a cashflowing action in Palo Alto is no where as doable as taking action in Toledo, OH.  

People are not working by choice, since they are being subsidized by the government.There is a global supply problem that is effecting inflation.  

Your emphasis on the importance of thoroughly probing to ensure the PMC being interviewed has a true understanding of their operations is well taken.Creating an alignment of expectations requires recognizing that property management is generally a low-margin business.

Just remember that in 20 years you may not have a job owing to the global economy and 5 free houses will provide you with sufficient income.

And with the lack of inventory, if rates do go down, and there is no major US or global down turn, it seems like demand for housing on Oahu will only increase - thus leading to higher home prices

Globally, sure but that's something that's always surprising to me even with the leverage tools we got. 

So whilst there is lots of hand wringing from poverty groups and the left, the erality is that our real estate has about 100 years of stable growth history and we don't have any issues that can really upset it other than global meltdown.

And if you were to turn it into a rental property, in terms of price per sqm, here are examples of the luxury condominiums by Ayala Land Premier, prices based on our listings.Makati City Garden Towers, 1 bedroom unit 72 sqm price at $25.7 to $27 per sqm Park Terraces, 2 bedroom unit 155 sqm price at $26 per sqmBonifacio Global CityWest Tower at One Serendra, 1 bedroom unit 84 sqm price at $25 per sqm East Tower at One Sernedra, 2 bedroom unit 176 sqm price at $26.4 to $27 per sqmMajority of the renters are wealthy locals and some are expats.

It does have a desk fee of $85/month, but all offices are virtual, so you can speak with a broker at anytime if you need assistance.it’s also worth noting that eXp is a global brokerage, so should you decide to get licensed in other states/countries, you would not need to go to another brokerage. eXp has a commercial division that is growing rapidly and has a strong community that could be useful for you and your business.