Buying an investment property can be a daunting task for anyone, including a seasoned investor. Imagine how hard it would be for a novice investor. Buying an investment property here in Hawaii can be even tougher due to our tight real estate market and higher prices. But with higher prices come a few rewards. More on this later.
When you get ready to buy your first investment home you need to determine if you want to wholesale the property, flip the property, or keep it for long term rental income. It really all comes down to money and how you want to make it. If you just want to make a quick buck then wholesaling is your strategy. If you have the money or the investors to back you up then buying, fixing up and flipping is what you want...Read More