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Hawaii Real Estate News Blog

Hawaii Fix and Flip - An Endless Market

Many of my best clients are investors looking to buy homes or condos for both fix and flip and/or long term hold. Either way, the process and formula for doing them successfully has not changed much over the years. Buy low, keep your improvement costs under a tight budget and make sure your sold comparables support at least a 30% return on investment....with less than a 6 month hold time! If anything, the advent of non-judicial foreclosures in Hawaii has created a huge backlog of pre-foreclosures, (whereby you get a chance to negotiate with the seller who is still in charge of the property) So the market is ripe with many months, if not years of back logged inventory just sitting there ready to be found, bought,

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Luana Gardens at Honua Kai is comprised of 72 three bedroom villas with detached garages arranged in three intimate enclaves.  Luana Garden Villas is indeed a rare offering on the West Side of Maui. Not many 3 bedroom condos have been built on Maui, so to find one that is brand new and right on the best beach in the world makes it just that much better. This is the third and final phase of Honua Kai Resort & Spa (which has been the #1 Best Selling Condominium Resort on Maui since 2006)

 

Honua Kai Luana Gardens

The property consists of 38 family-friendly acres are designed with relaxation and memory-making in mind, offering owners and guests an unmatched resort experience with something for the whole family. It is located on stunning Kaanapali Beach on Maui’s western

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Well "affordable" is relative. But anything close to $1M and in a good neighborhood is indeed RARE inventory.  You've probably driven past the Kahana Ridge neighborhood 100 times if you've ever vacationed on the west side of Maui. It's just "mauka" or mountainside of the McDonalds on the north end of the west side (same shopping center where Maui Brewing i located) This is a spacious 2430 square foot SINGLE-STORY HOME with amazing OCEAN VIEWS and the neighboring ISLAND OF MOLOKAI. This three-bedroom, three bath home, is located in the sought after Kahana Ridge residential neighborhood.

Look at this view from the house! Click Here to See All of the Details and Asking Price

Chances are it's already under or contract or sold (If not, let's make an

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The Most Expensive Home in Hawai'i Has Sold!

Hawaii has hit a new ALL TIME record for the sale of a single family home! $46,100,000! The most expensive home in Hawaii closed November 9, 2018 for a record $46.1M. The property was listed for $70M and was on the market for 535 days. Located on sandy beach front, the massive, 11,708 square foot features 6 bed, 8 baths and is perched on 15.3 acres of land. The physical address is 2676 East Kauapea Rd. Kilauea on the island of Kauai, Hawaii. It has been rumored to have been purchased by a billionaire sports team owner from the U.S.

PS - I also have a YouTube channel with many informative videos about Hawaii, Maui and Real Estate. Check it Out Here https://www.youtube.com/user/hawaiirealestateorg

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Tips To Maximize Your Return on You New Hawaii Condo 5 Things You MUST Know Before Buying A Condo In Maui. If your realtor hasn't mentioned these important issues, you need to dig a little deeper. (Scroll Down for Video)

PS - I also have a YouTube channel with many informative videos about Hawaii, Maui and Real Estate. Check it Out Here https://www.youtube.com/user/hawaiirealestateorg

1) Ocean View - Must have (or at least partial ocean view)

2) Only Buy Fee Simple (the only exception is a leasehold in a majority fee simple complex)

3) Evaluate the Financials - Expect a 2-5% Return - Cash on Cash Invested (see notes below on how to compare different units apples to apples)

4) Purchase at Fair Market Value or Lower - look at all comparable

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Local Resident Eric Reviews the Best Maui Hotel & Condo Resorts. The Best Places to Stay on Maui. Who will win the Award? Will it be the Grand Wailea, The Four Seasons, Farimont Kealani, The Ritz Carlton or The Montage. I also review the best beach front condos on Maui. To see a list of the approved short-term vacation home and cottage rentals click here http://www.hawaiirealestate.org/blog/... People are talking about Maui! Explore guest hotel reviews featuring "Maui" Grand Wailea Resort Hotel & Spa, A Waldorf Astoria Resort. “The great service from the staff. Aston Maui Kaanapali Villas. Residence Inn by Marriott Maui Wailea. The Mauian Hotel. Napili Sunset Beach Front Resort. From luxurious hotels and resorts to private vacation rentals, find the

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Maui Vacation Rentals - Buyer and Renter Beware!

Local Resident Eric Reviews the Best Maui Hotel & Condo Resorts. The Best Places to Stay on Maui. Who will win the Award? Will it be the Grand Wailea, The Four Seasons, Farimont Kealani, The Ritz Carlton or The Montage. I also review the best beach front condos on Maui. To see a list of the approved short-term vacation home and cottage rentals click here http://www.hawaiirealestate.org/blog/maui-vacation-rentals-buyer-and-renter-beware.html

People are talking about Maui! Explore guest hotel reviews featuring "Maui" Grand Wailea Resort Hotel & Spa, A Waldorf Astoria Resort. “The great service from the staff. Aston Maui Kaanapali Villas. Residence Inn by Marriott Maui Wailea. The Mauian Hotel.

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10 Ways to Pay Less for Real Estate in Hawaii. (click through to see video below)

#1 Know The Market. Ask for a detailed history of everything that has SOLD in the last year. That is the MARKET that most determines the current market value. Not asking prices! In order to to SEE a deal when it presents itself you must KNOW the market. That means watching the SALES and then calculating the sold price per square foot, per acre and adjusting for the fit, finish, age and condition of the property. This is probably the #1 reason I suggest utilizing an experienced real estate agent. Also pay attention to average days on market, listing price vs sales price ratio and the number of months of inventory on the market for a given price range and geographic area.

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(Open to See Video) In 2018 Hurricane Lane caused multiples fires near Lahaina Maui in the Puunoa Neighborhood just north of Launiupoko. It was reportedly sparked between 12:30am and 1:00am by downed electrical lines caused by hurricane force winds.  The fire also spread into Lahaina Town where it jumped Honoapiilani Highway near Dickenson St. A third fire broke out near Kaanapali. These are some of the first images captured by Launiupoko resident Eric West of HawaiiRealEstate.ORG (PS - timelapse of smoke and fire is towards the end of the video)

 

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Bet You've Never Been to This Maui Secret Beach. And YES it has public access directly to the location south of Kahana Sunset Condos. Just google map this address 4909 Lower Honoapiilani Rd, Lahaina, HI 96761 Looking for a West Maui Listing Agent? If you want to buy or sell a Kahana Sunset condo, I am ready to help. This alluring Maui oceanfront condo complex called simply Kahana Sunset is one of the best sandy beachfront offerings in all of West Maui. We have the perfect unit for every traveler; with full kitchen, in-unit W/D, lanai, pool & more. The Kahana Sunset is a beach front resort located on the world famous West Coast of Maui between Kaanapali and Kapalua. Kahana Sunset fronts Maui's most romantic white sandy beach nestled on protected Keone Nui

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