September 25th, 2008 categories: Honolulu Real Estate 101
Many people see buying foreclosures as a great vehicle to make their fortune. Flips have become very difficult to do, so this leaves turning houses and condos into rentals. The challenge with rentals is the ongoing maintenance and management. Experience tells me that the most successful landlords are very, very hands on. It is difficult to find a good and responsive manager, especially if your rental property is out of your local area.
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