Any of you have a card you'd recommend?

A 401k loan is not cheap capital, even though it is frequently and highly recommended quite loosely here on BP.

You have an affordable place to live, about half your mortgage payment is paid by the renter, you get to dip your toes in the investor/landlord waters, and you are in a market that should continue to appreciate in value.I recommend reading and educating yourself while saving up for the next investment.

Cash is king Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The agent recommended I talk with my current agency and get the renewal adjusted to reflect the property was occupied.I took the advice and reach out to Goosehead (my current agency).

Before taking the plunge, I recommend investing time in educating yourself and connecting with local investors.

My recommendation for anyone is to educate yourself, whether its Hawaii or elsewhere, because if you are aware of how STRs are regulated in Hawaii, this is far easier said that done.

Should I recommend a lawyer to my client to assist with the financials and license / permits or is that not necessary?

Looking for recommendations for a lawyer who can help us close a multi family deal in the area (1031)thank you for any recs!

I don't recommend this approach as standard operating procedure, but in that deal, my first, I was somehow able to walk away with a $30K profit.