Maui Real Estate for Sale in the “New Age” of COVID
How to Find the RIGHT Real Estate Deal on Maui
Information is power. We all know that. But with all of the “tech tools” and everything available to everyone online, how can anyone get a competitive edge? Not to mention a true understanding of what is really happening in the real estate market in Hawaii in order to make wise and prudent decisions?
(Just because a buyer or a real estate agent uses or shows up on Redfin, Zillow or Trulia on Maui does not make you or them an expert...just sayin')
Especially given the new set of never before seen circumstances of a global pandemic such as COVID!
The answer is threefold.
Follow the numbers. The numbers don’t lie. But most
Located in the Lanikeha Neighborhood in Kaanapali Golf Estates
This is Maui living at its finest. Stunning ocean views. Prestigious gated community of Lanikeha. Brand New Construction of this well appointed 4 bedroom 4 bath residence. Just a short Golf Cart ride to world-class resort of Kaanapali and the beach voted the Best in the World! Plus resort style amenities abound with the Lanikeha Clubhouse with a lounge, game room, kitchen facilities, pool complete with a waterfall and hydro-spa, courtyard, fitness & pool pavilions. Be sure to watch both Eric West's video tour of the home AND the video tour of the Lanikeha neighborhood. Click here for all the listing details and current
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,
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
Looking to buy a Hawaii Beach or Ocean Front Home? Or maybe looking to Sell YOUR Maui Beach or Ocean Front Home. You found this video, on my website....and so do thousands of buyers looking for ocean front homes in Hawaii on my channel https://www.youtube.com/user/hawaiirealestateorg Eric West of Elite Pacific has a focus and passion for ocean and beach front homes in Hawaii and exposing them to world on YouTube and social media platforms See this page for all the listings currently available in Hawaii http://www.hawaiirealestate.org/hawaii-ocean-front-homes.php
This house is located on the same beach as Mama's Fish House on Maui Hawaii. Yes, the same World famous restaurant on Maui's North Shore, featuring Hawaiian fish brought to us daily by
Why? Because in today's real estate market place....that is WHAT SELLS! If you are looking for the Best Maui Real Estate Agent? When it's time to sell your Maui Real Estate - Home or Condo you must find the best Maui listing agent (to do the job right the first time) My advice? Find someone qualified to make an amazing video of your property and really KNOWS how to market it on YouTube, Facebook, Instagram, Twitter and Google. This is simply WHERE people are today. Also...consider using someone who has the equipment and expertise to make that video. Why? So they can come to property during the best times to get the best shots. A hired photographer or videographer on Maui will only come for one appointment (maybe two if you pay more) and you'll get
The best house (not for sale) that I've ever seen in Kaanapali. Why? The location. The coffee farm is like a scene torn from the Tuscany hillside. The privacy, serenity, views....and yes the location...a stone's throw from the Beach vote the BEST in the world by Conde Naste.
Ka'anapali Coffee Farms is a private agricultural community that weaves contemporary island living into the rich farming culture of West Maui. MauiGrown Coffee, Inc. was established in 2003 by James (Kimo) Falconer. From 1988 through 2001, the farm was operated as Kaanapali Estate Coffee Ka'anapali Coffee Farms is a private agricultural community that weaves contemporary island living into the rich farming culture of West Maui. On approximately 500 acres upslope
Let me tell you a story about this guy from Maine. But first, please know that I CAN help you find Maui Real Estate Deals like this! Like this one for example, because this home has TWO guest cottages, you can rent the main home, rent one cottage, live in the other, and it will pay for itself. Or just rent out the entire property and bank! The mortgage payment with principal, interest, insurance and taxes is $5250. The income from renting the main house is $4,000-4,500 and the cottages will rent for $1400-1800 each. So if you did not live on the property, you would profit $2K minimum per month. Even if you lived in one of the cottages, the property would still pay for itself. There are many such Maui and Haiku Homes for Sale on Acreage and across
