Buying a Vacation Rental Home on Oahu Hawaii – Part 8 - 07/29/11 02:23 PM
Buying a Vacation Rental Home on Oahu Hawaii – Part 8
Hybrid Property Management/ Rent by Owner Relationships
According to an article written by a community editor at “Community from HomeAway” an online organization that deals with optimizing your vacation rental business, the following points were made:
Long gone are the days of all or nothing. With more and more vacation rentals open for business each day, property management companies have become more flexible by allowing “hybrid” relationships. You can still rent-by-owner with the added comfort of knowing you have a management company for emergencies or unforeseen problems that may arise. … (2 comments)

Second Quarter 2011 Oahu Realty Report - 07/27/11 06:02 PM
Second Quarter 2011 Oahu Realty Report
 
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New Intereactive Website for Vacation Rentals and Property Management - 07/26/11 01:56 PM
New Intereactive Website for Vacation Rentals and Property Management
According to a Press Release on Benzinga online streaming news, "Long-time Hawaii Resort Executive Jeremy Sosner introduced Private Homes  Hawaii today, a full-service property management, luxury real estate and  vacation rental company based on Oahu. Integral to the company's marketing plan  is an innovative, inter-active website, PrivateHomesHawaii.com created as a  one-stop resource for those looking for choice properties in Hawaii, including  Oahu vacation rental homes and Hualalai resort rentals."
"Presenting the best of what the Hawaii real estatemarket  has to offer, Realtor Jeremy Sosner, founder of Private Homes Hawaii, has  recently launched … (0 comments)

It's Aloha Friday Again: 41st Ukulele Festival - 07/22/11 02:07 PM
It's Aloha Friday Again:  41st Ukulele Festival
According to Hawaii News Now online, "Kapiolani Park was filled with the sound of an instrument that's linked to Hawaii.
The annual Ukulele Festival is the largest of its kind, and gathered more than 800 ukulele players Sunday from Hawaii and around the world.
It also showcased many of the ukulele makers in the islands. People attending even could take ukulele lessons at the park.
The performers came from Australia, Italy, Korea, Guam, Taiwan, California and Maryland."
Read the rest of the article, "41st Ukulele Festival draws hundreds of players from around the world".
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City Begins Acquiring Rail Route Real Estate - 07/21/11 03:23 PM
City Begins Acquiring Rail Route Real Estate
According to the "Hawaii Reporter", "The Honolulu rapid Transit Authority has formally notified the City Council that it will begin acquiring public and private real estate along the 20-mile route of thefixed-rail guideway."
"Acting HART executive director Toru Hamayasu made the notification in a letter this week that lists nearly 200 parcels which will be acquired through negotiated purchases or eminent domain proceedings."
"The parcels range in size from hundreds of acres all the way down to a 156-square-foot remnant on Kona Street near Ala Moana Center."
"The list, identified by tax-map-keys, can be … (0 comments)

Honolulu Condos Listing Alerts 7/20/11 - 07/20/11 03:32 PM
Honolulu Condos Listing Alerts 7/20/11
Please click here to view this week's Report. (If the hyperlink is not working, this is due to ActiveRain not being currently compatible with Internet Explorer 9.0; please copy and paste the link below into your web browser).
http://campaign.r20.constantcontact.com/render?llr=ekz9u9aab&v=001PcleU6K0CjgGXUxE7EJGJYHnbr-8Qb1z29T2EBBJLUNJLVVz-wDtlW9OysvEPOrKPJCmajLFo-VDYtBcSvEf-4kjGYnM7pj4ZPM7nmXdP2b6rrFCNeoW680azo_tIpmrPrY14IeWUxuJe2kWlH16QgTNBq6reLiRFMyBLUCJ5QUk2JZQ-cGeUv5J6r9p1k1oYsQKpJ0ZEA6Z2_o1Ug4nn44xhQxPvHFIb0FwcK5YG17DnljoPUG06d1YdXGEO74f70O8ydGwKJP6uFGdp0ZttHuxmtPdrnb7oVzs3PTpZJM%3D&id=preview
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Construction, Construction Everywhere in Waikiki - 07/20/11 03:30 PM
Construction, Construction Everywhere in Waikiki
According to a recent article in the Pacific News Journal online, "Understatement of the week: Waikiki is a mess — construction-wise, I mean.""The City and County of Honolulu’s sidewalk-improvement project has meant seeing a good chunk of the heavily-trafficked Kalakaua Avenue walkways being ripped up to get spruced up. There’s hardly a stretch of that street where you don’t see Caterpillar construction equipment, fluorescent-vested contractors and laborers, makeshift sidewalks, tarps and fences."
Read the rest of the article, "Despite the Mess, Waikiki Construction is a Good Thing".
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Oahu Real Estate Update for June 2011 - 07/18/11 02:19 PM
Oahu Real Estate Update for June 2011
Click Here For Market Statistics
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Another Waikiki Renovation - 07/15/11 01:38 PM
Another Waikiki Renovation
Although no work has started on the previously announced plans to make major upgrades to the International Market Place in the heart of Waikiki on Kalakaua Avenue, we are now reading news that the nearby Royal Hawaii Market Place on Royal Avenue is also planning a major renovation.
According to the "Honolulu Star Advertiser", "The longtime leasehold owner of the Royal Hawaiian Market Place has plans to replace the property's hodgepodge of tired retail and restaurant kiosks with a nearly 6,000-square-foot, two-story building."
 
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Oahu Housing Monthly Indicators for June 2011 - 07/14/11 02:45 PM
Oahu Housing Monthly Indicators for June 2011

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Proposed Honolulu Train - 07/12/11 02:02 PM
Proposed Honolulu Train
According to an online article written by Michael Levine at "Honolulu Civil Beat", "A pair of homebuilders and a handful of government agencies own more than half of the land surrounding the proposed route for Honolulu's 20-mile rail system, an analysis of real estate data shows."
"Of the more than 500 entities that own at least an acre within 2,500 feet of the route, Ohana Military Communities LLC and D.R. Horton-Schuler Homes are the two largest stakeholders. They're followed by the City and County of Honolulu, the State of Hawaii, the state's Department of Transportation-Airports Division and the federal … (0 comments)

Hawaii Judges Hold Keys to Foreclosure Issue - 07/11/11 02:05 PM
Hawaii Judges Hold Keys to Foreclosure Issue
According to an article written by Netra Halperin the online edition of the "Maui News", "Fannie Mae, one of Hawaii's largest mortgage holders, just announced that it would forego mediation and instead attempt only judicial foreclosures. It is interesting to note that Fannie Mae is happily participating in mediation processes in other states that do not have the documentation requirement."
"Now all sights are set on the judiciary. Will Hawaii's judges require lenders to show documentation proving they have the legal authority to foreclose, as are Oregon's judges? Our judges hold the key to correcting … (0 comments)

It's Aloha Friday Again: Best Waikiki Beach Bar? - 07/08/11 01:50 PM
It's Aloha Friday Again:  Best Waikiki Beach Bar?
According to an article in the Travel section of CNN Newsonline. "America's Best Beach Bars", Waikiki Beach seems to have made the list!!
"Barefoot Bar, Duke's, Waikiki Beach, Hawaii
The Scene: The dress code at this Waikiki hot spot takes its cue from the name: bare feet with bikini or surf shorts. Beach loungers drop in for the Jawaiian music, a mixture of classical Hawaiian mixed with groovin' reggae. Named after Olympian Duke Kahanamoku, father of international surfing, the bar displays paraphernalia such as his original redwood board. Sip a Tropical Itch, … (0 comments)

Waikiki Featured Condo Building: Canterbury Place - 07/07/11 02:05 PM
Waikiki Featured Condo Building:  Canterbury Place

Description:  Sitting on the corner across from the Hilton Hawaiian Village and Fort DeRussy Park, this very popular condominium building offers unobstructed views from most of the east facing units of Diamond Head, the Pacific Ocean and the park.  The 40-story building offers some incredible views with central air conditioning and utilities included in Association dues.  Two very popular restaurants are located in the building on the ground level.  Singha Thai Cuisine is renown and Todai is well known for it's "all you can eat" Japanese buffet.
Mixed Leasehold and Fee Simple, the lease … (0 comments)

Honolulu Condos Listing Alerts 7/6/11 - 07/06/11 03:26 PM
Honolulu Condos Listing Alerts 7/6/11
Aloha!
Please read our current Listing Alerts since our last issue:

"Featured Listing" New Neighborhood Condo Listings Condo and Home Foreclosure and Short Sale Listings June 2011 Real Estate Market Statistics "Featured Blog Articles" Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com
PLEASE NOTE: "Honolulu Condos Listing Alerts" is sent every other week on Wednesdays.
Featured Listing
Popular West Waikiki Condotel - Palms at Waikiki #906 - $115,000
Cute Studio unit, located on the Diamond Head side of the building with Ocean … (0 comments)

Buying a Vacation Rental Home on Oahu, Hawaii - Part 5 - 07/05/11 01:35 PM
Buying a Vacation Rental Home on Oahu Hawaii - Part 5  
Using a Property Manager .............  Continued  
According to an article written by a community editor at "Community from HomeAway" an online organization that deals with optimizing your vacation rental business, the following points were made:
Before hiring a property manager, verify the following:
Will they advertise the property both locally and internationally? Will they guarantee a minimum level of bookings? Will they interview potential guests to make sure they are suitable? Will they inspect the property before and after each rental and do an inventory inspection? How do they welcome the … (0 comments)

It's Aloha Friday Again: Waikiki Food and Wine Festival - 07/01/11 02:57 PM
It's Aloha Friday Again:  Waikiki Food and Wine Festival
I was reading "MidWeek" online at www.midweek.com and was thrilled to hear about the Waikiki Food and Wine Festival scheduled for 9/29-10/1.
This September, Waikiki will be filled with the culinary creations of local and international master chefs, the unique flavors of the Hawaiian Islands, and all the excitement and festivity of what will become a premier date on Hawaii's events calendar.
The event is the first Hawaii Food & Wine Festival, to be held Sept. 29 to Oct. 1. It is being chaired by Roy Yamaguchi and Alan Wong, both celebrated … (0 comments)