We just tripled the size of our time and we are pursuing several more.

Maybe mostly because the equity and rents tripled since 2000.

My costs tripled because apparently the feds know more about risk management than I do and disallowed my high deductible no frills plan. 

In the last 20 years our own property has more than doubled, nearly tripled in value when we had it appraised almost 2 years ago. (20yrs ago we paid 300k +250k to build new home, in January 2019 it appraised at 1.5 mil) So basically Hawaii real estate is a good investment for appreciation but I invest out of state for rentals (cashflow) and for flips.

Returns have been anywhere from low teens AAR to triple digit AAR.

When things go BETTER than expected (it doesn’t always happen, but it did this time)🙏🏼🔥💯I bought this property back in April 2023 for $65K 🏚️I put in $35K and put in brand new floors, painted the entire house, new doors, new bathrooms, new appliances, and new plumbing 🫠When I underwrote this property I thought that if I brought in $2,500/month it would be a “double”If I brought in $3,000/month it would be a “triple”And if I brought in $3,500/month it would be a GRAND SLAM 💰🤑We’ll Im happy to announce that I have officially signed a 3 month lease (will likely be at least 6 months) with an insurance company who needed a house for a family because a tree fell on their house (everyone was ok 🙏🏼)And the monthly rent?

But if I was a brand new agent who didn't even know where to get crime data maps from the Sacramento Police Department or didn't have time to read the news and learn that Sacramento has triple the nation's rent growth rate because I was too busy running my insurance business, I would be doing a disservice to my clients that surely could've been done better by a professional who's doing it full time.For example, I could get my insurance license and write insurance policies for every single one of my clients... but I don't.

On top of that, travel nurses were being paid double and even triple accommodation stipends in many cities.

Sounds drastic but prices have tripled out here in a few years.

Each component may have a different name, or be subject to slightly different allocation of cost (triple net office has the tenant pay most of the operating expenses and property taxes), but the bottom line number that we care about is Net Operating Income or NOI.