beach villas at ko olina: Ko Olina Real Estate, Beach Villas Purchase, Final Sales Event, September 2009, Should I Buy?
- 08/16/09 01:04 PM
Are you thinking about purchasing a villa at the Beach Villas at Ko Olina at the Final Sales Event in September, 2009? Should you buy? Here is the latest scoop. Last week in Federal Court (August 13th, 2009), the Master Developer of the Ko Olina Resort, Jeff Stone lost his motion to stop Centex, the developer of the Beach Villas at Ko Olina from recharcterizing the limited common areas of our property into common areas. This allows Centex to take the areas such as the pools, grounds parking lots, etc. and turn these areas over to the homeowners via our homeowners … (2 comments)
beach villas at ko olina: Final Sales Event Postponed - Centex, Beach Villas at Ko Olina, Oahu, Hawaii Condo
- 05/26/09 08:51 PM
Just received word that the June 6th & 7th sales event has been postponed until July 25th. Updated: now postponed until September, 2009. I don't have any additional information at this time as to the why's or what for's. Stay Tuned... Thought I would let everyone know in case you had already booked your plane tickets and hotel reservations as the date is fast approaching. We are currently at the property and I will be here for the next three weeks if anyone has any questions and/or would like to get together. We spent Memorial Day BBQing out by the Beach … (2 comments)
beach villas at ko olina: Beach Villas at Ko Olina Oahu Rentals - You Purchased Your Villa, Now What? - Visitor Marketing and Reservations.
- 05/21/09 03:23 PM
How do we get Heads in Beds? It takes marketing my friends .... 24 hours a day, 7 days a week working continuously to get the word out about our beautiful slice of paradise, The Beach Villas on Honu Lagoon, Ko Olina, Oahu Hawaii Once we have captured a potential guests interest, we need to follow up quickly with high quality photos, videos, panorama shots, maps and other information to makes the guest comfortable that we are the best fit for their vacation accommodations. Once the guest has reserved, a little pre arrival pampering is in order along with the appropriate … (0 comments)
beach villas at ko olina: Beach Villa's at Ko Olina, Three Bedroom Condo Availability at the June 2009 Price Reduction Sales Event.
- 03/07/09 07:05 PM
I walked the entire property with a client today who is shopping for a three bedroom villa. A good question to ask is what might be available by the time it's your turn to pick if you sent in your deposit today. With 100+ reservation deposits in for an available 123 units, the pickings get slimmer as each day passes. After the touring around, I conclude that the best selection is going to be right at the $1,200,000.00 price point. At this level, you will be purchasing villas that were going for around $2,200,000.00 and these villas have some of the … (4 comments)
beach villas at ko olina: Baby Boomers and Mexico: Ah, It's good to be in Paradise Hawaii USA
- 03/01/09 09:56 AM
Today's Dallas Morning News was touting Mexico as being a great place for baby boomer migration. Before I purchased at the Beach Villas, we also looked long and hard at Mexico as one of our options. So what made us choose Hawaii? 1 - It is the United States of America. 2 - No other place in the world is like Hawaii, not just the physical part like the beaches but the people and the "Aloha" spirit that is shared with visitors and residents alike. 3 - The ongoing drug violence in Mexico – more than 6,200 people killed last … (2 comments)
beach villas at ko olina: Are the Homeowners Association Dues (HOA) at the Beach Villas at Ko Olina high?
- 02/18/09 05:44 AM
At first glance, the answer would be yes. To me, the HOA dues are high, I have a hard time accepting them, (this is my first time of purchasing at a resort). So I decided to do a little research: Believe it or not, compared to other places, they're not so bad. The HOA fees at Wailea Beach Villa's are around $3,500.00 per month, more than double the fees here. (Their villas are larger). Look at the Ritz Carlton Kapalua, ---------------------------------------------- Ritz Carlton Kapalua * 1 Bd-Average cost/yr (COA, taxes, insurance, FF&E=$4,119/mo): $49,428 * 2 Bd-Average cost/yr (COA, taxes, insurance, … (1 comments)
beach villas at ko olina: Hotels are Businesses Too
- 02/17/09 12:58 PM
The backlash from companies holding expensive junkets and conventions while receiving federal bail out money is taking it's toll on hotel revenue as groups cancel their conventions in droves.Wall Street Journal ArticleThe interesting point made here is that "Hotels are Businesses Too". All of these cancellations are going to take their toll on the employees who will be laid off as hoteliers try to decrease their overhead as their revenue numbers decline.The silver lining for us homeowners at the Beach Villas at Ko Olina (who rent out our villas) is that we were never setup for conventions and groups so we … (1 comments)
beach villas at ko olina: How many Villas at the Beach Villas at Ko Olina are available for rent?
- 02/17/09 12:55 PM
With my very informal analysis (feel free to correct me if you know the actual #) I believe that there are around 40 villas for rent out of the 125 or so that have already been purchased. Talking with homeowners, I think this number is going to increase as people who previously would not have worried about their monthly expenses are now considering rentals to offset their expenses. Think people in the financial sector for example.(Of course the down side to renting out your place is that you are going to have wear and tear. We repaint and patch up the … (0 comments)
beach villas at ko olina: The New Kapolei Costco is Open!
- 02/12/09 12:11 PM
Costco Kapolei Telephone #: (808) 674-3900 The Costco in Kapolei has opened! It is built on 17.75 acres and the warehouse is 159,019 sf. A gas station is also here. At full build out they will employ 200 - 300 associates. 50 employees have transfered over from the Waipio location to get things going. The great thing is that the new Costco is only one exit down from Ko Olina. About a five minute drive, it is right across the street from The Home Depot. If you don't have a Costco Warehouse membership, it is worth the money. I think … (0 comments)
beach villas at ko olina: I want to rent out my place to offset expenses, What Can and Can't I Do?
- 02/12/09 09:43 AM
Thursday, February 12th, 2009 What you can do: You can live here full time or use your place as a second home and leave it empty when you are not here. If you wish to rent out your place, you have the option of renting the place out yourself, hiring a management company (as approved by the board) or hiring the on-site management company to manage the place for you. I can talk with you individually about your options and the pros and cons of each choice. What you can't do: Resort Management has the exclusive right to provide "First Class" … (0 comments)
beach villas at ko olina: Break Even Analysis and Mortgages at the Beach Villas at Ko Olina
- 02/11/09 03:25 AM
Wednesday, February 11th, 2009 Your Expenses I had another thought this morning; new buyers are going to pay 25% - 35% less than I paid for my villas. So a villa that would have cost $1,500,000.00 with a 20% down payment would have a $1,300,000.00 mortgage with a payment of $7,794.16 per month at 6%. Now that same villa could cost $975,000.00; with a 20% down payment, the mortgage on $780,000.00 will have a payment of $4,676.49 per month at 6%. That $3,100.00 difference covers HOA fees, taxes, insurance, utilities, etc. with money still left over.On my villas, I put a … (4 comments)
beach villas at ko olina: Property Taxes at the Beach Villas at Ko Olina
- 02/10/09 02:38 AM
Tuesday, February 10th, 2009 Rental Property Rate - If you plan on renting out your place to cover expenses, the Beach Villa's are zoned RESORT/HOTEL so a million dollar property will be taxed at $14,000.00 per year. ($1.40 per $1,000.00) Owner Occupied Rate - If you don't plan on renting out your place to cover expenses, I believe the property tax is more like $2,000.00 - $3,000.00 per year. (I'm not sure on the owner occupied rate as I'm getting dinged the Rental Property rate on both of my properties.) Break Even - At current rental rates, it takes about 30 … (2 comments)
beach villas at ko olina: Will Rental Income cover my HOA monthly fees and other expenses at the Beach Villas at Ko Olina?
- 02/10/09 02:19 AM
Tuesday, February 10th, 2009 Question: Will Rentals Cover HOA (Home Owners Association) dues and other expenses? I currently receive enough rental income in both of my units to cover HOA. (A two bedroom villa and a three bedroom villa.) I have listed the monthly HOA dues below. It currently takes about three nights of rent per month to cover the HOA. An additional three nights rent per month for property taxes. The cable bill is $80.00 which covers phone, cable & internet. The electric bill runs around $350.00 in the two bedroom when the unit is occupied. It runs around $480.00 … (0 comments)
beach villas at ko olina: With the soft economy, is now the right time to purchase real estate at the Beach Villas at Ko Olina?
- 02/10/09 01:37 AM
Tuesday, February 10th, 2009 A client asked me this question yesterday, I thought I would post my response in case it might help others. In my first post I mentioned that the Centex will be lowering their prices 25% - 35% or more from their last published price at the final sales even on June 6th - 7th. Their goal is to sell 100% of the remaining villas, (about half, or 125 villas) and are planning to lower their prices enough to achieve this goal. We'll see. Hi J,Here are my thoughts: (Sorry for the long email again, it's just what … (0 comments)
beach villas at ko olina: Beach Front Villa and Ocean Front Villa, Views at the Beach Villas at Ko Olina
- 02/09/09 05:09 PM
Monday, February 9th, 2009 Your view from the Beach Front, Beach Tower Villa and Ocean Front, Ocean Tower Villa. The Beach Tower is closest to the water with the Ocean Tower right behind the Beach Tower. When standing on the beach, the right side of the Ocean Tower has unobstructed views to the water. The left side of the Ocean Tower is behind the Beach Tower and has partially obstructed views. Beach Tower, Beach Front Villa:
Ocean Tower, Ocean Front Villa:
First Class Amenities:
Webcam Click to view Webcam -- Please allow me to represent you as your … (0 comments)
beach villas at ko olina: Beach Villas at Ko Olina, Final Sales Event
- 02/09/09 04:52 PM
News Flash - February 1st, 2009 The property developer of the Beach Villas at Ko Olina has announced that they will liquidate, sell at deep discount, clearance out, fire sale, what ever you wish to call it, all remaining villas at the Ko Olina Beach Resort at a final sales event on June 6th & 7th. Rather than sell a few units each month, Centex Corporate has decided that their Centex Destination Properties division is to sell off all remaining units at low enough prices to move 100% of their remaining villas. The discounts will be significant, the minimum original … (0 comments)
Are you thinking about purchasing a villa at the Beach Villas at Ko Olina at the Final Sales Event in September, 2009? Should you buy? Here is the latest scoop. Last week in Federal Court (August 13th, 2009), the Master Developer of the Ko Olina Resort, Jeff Stone lost his motion to stop Centex, the developer of the Beach Villas at Ko Olina from recharcterizing the limited common areas of our property into common areas. This allows Centex to take the areas such as the pools, grounds parking lots, etc. and turn these areas over to the homeowners via our homeowners … (2 comments)
;)
;)
