Investors
Hawaii real estate has historically been a great investment – and even with the current national market downturn in the mainland U.S., Hawaii properties have continued to show appreciation year after year. That’s the result of several factors.
First of all, it’s basic economics: supply and demand. We’re a small land mass that’s globally desired as a place to live, so prices for Hawaii properties have risen steadily for many years. Secondly, there are many eclectic neighborhoods and styles of homes, combining with some of the best views on Earth to create uniquely valuable properties. Finally, there’s the appeal of owning vacation properties in a place nearly everyone visits – or wants to.
For investors, there are many positives to owning a property in Hawaii. As a property owner and manager myself, I can share with you the potential benefits of passive income, depreciation and tax-deductible visits to the islands. However, there are also several important legal issues involved in owning a rental property here, so can help you navigate the rental regulations and tax laws.
If you’re interested in investment property in Hawaii, so we can find the right situation for you. Whether it’s a vacation home you want to rent when you’re not here, or an eventual retirement property, I can help.
Allison’s Inside Tip for Investors
State laws require that rental property owners who don’t live in Hawaii must use a local property manager. In addition, licenses for short-term vacation rentals are no longer being issued. I can help you work within the system to reap the most benefit from an investment property.
