Tag Archives: real estate

Important Information: Using Your Hawaii Home as a Rental Property

Are you a home owner in Hawaii and considering holding onto your property when you leave Hawaii on Military PCS orders, Retirement Orders or something similar?  What would you do with your house when you leave?  If you plan on keeping the house and using it as an investment/rental property, you should be aware that you could very possibly be subjected to the HARPTA tax which the state of Hawaii taxes people who are non-owner occupants of property and who sell their property at a future date.  For example:  If the Military Servicemember in Hawaii had a home that they used for a rental property after they left Hawaii and then several years later they sold the property, they would almost certainly be subject to the HARPTA tax.  The HARPTA tax is 5% of the amount realized.  If the house sold for $650,000 then the tax would be $32,500.00.  On a $350,000 house, the HARPTA tax would be $17,500.00.  That is definitely something for you to keep in mind if you decide to use your piece of Hawaii real estate as a rental.  Since I am not a tax professional or attorney, I suggest you check out the State of Hawaii Department of Taxation Website for further information and clarification.

For more information on Oahu Real Estate, Hawaii Homes For Sale, Sell and VA Loans in Hawaii, contact the number one, dedicated real estate company in Hawaii that focuses on taking care of their fellow Servicemembers from Hawaii.  Hawaii Military Realty, Inc.  Veteran owned and Veteran operated.

Diamond Head Beauty Just SOLD by Hawaii Military Realty, Inc. $2,695,000.00

Hawaii Military Realty, Inc. just sold another home!  Located in the Kai Nani neighborhood of Diamond Head.  For more information on Homes For Sale in Hawaii, contact Hawaii Military Realty.

Condo For Sale in Ewa Beach, Hawaii 2 Bedrooms, 2 Bathrooms, 2 Car Garage, 1,200 SF Interior $360,000

Located in the Arbors which is the ONLY gated condo/townhouse community in Ewa Beach, Hawaii.  This is one of the largest two bedroom units in the Arbors.  Permitted, enclosed lanai makes the living area very open and airy.  This is the most desirable ‘C’ unit with a private fenced, front yard.  Garage is attached to unit. Located just inside the gate and right next to guest parking and swimming pool.  Excellent condition and not a short sale.  Huge 526 sf 2 car garage!!!  This subdivision and community is approved for purchase by a Veteran that wants to use their Hawaii VA Loan Eligibility.  For more information, contact David Kucic, Hawaii Military Realty, Inc. at (808) 218-9338.

 

Single Family Home For Sale in Ewa Beach, Hawaii 4 bedrooms, 3 bathrooms, 2,300 SF Interior

Hawaii Military Realty, Inc.  will hold an Open House Jan 13th 2:00 to 4:00 PM.  This beautiful home is located in the Ewa by Gentry community of Haleakea.  It is clean, in excellent condition and just a few years old.  There is one bedroom and full bathroom on 1st floor.  Loft/media room on 2nd floor.  Wood laminate flooring, upgraded carpet, tiled lanai, sprinkler system, central AC, covered lanai and fully fenced yard.  Garage, driveway AND street parking!  Highly desirable Haleakea neighborhood near Hawaii Prince Golf Course.  This home is NOT a short sale.   This home is eligible for purchase using a Hawaii VA Loan.  For more information, contact David Kucic, Hawaii Military Realty, Inc. at (808) 218-9338.

2013 BAH Rates for Oahu, Hawaii

The 2013 BAH rates for Hawaii (Honolulu County) have been announced.  The rates are increasing for all ranks.  This information is courtesy of the Department of Defense Finance Office.

With Dependents BAH Rates for 2103

E1 thru E4 $2,172
E5 $2,256
E6 $2,664
E7 $2,835
E8 $3,021
E9 $3,255

WO1 $2,667
WO2 $2,913
WO3 $3,141
WO4 $3,300
WO5 $3,486

O1E $2,874
O2E $3,108
O3E $3,327

O1 $2,301
O2 $2,655
O3 $3,132
O4 $3,558
O5 $3,858
O6 $3,897
O7 $3,933

If you are in the military and are considering purchasing a home in Hawaii, this might be a great opportunity for you to do that.  With the historically low interst rates on VA loans in Hawaii, the high BAH rates and the shortage of rental properties, there is no better time to be an owner/seller/landlord/investor.  I also manage rental properties and I have ZERO available.  All of my rental properties are currently occupied yet my phone continues to ring daily with calls from Service Members that are looking for homes to rent.

For more information on purchasing a home in Hawaii, selling a home in Hawaiii or how you can use your BAH to build wealth for yourself, contact David Kucic, First Sergeant Retired, President/O

 

Shortage of Homes For Sale, Oahu, Hawaii Dec 21, 2012

There is a severe shortage of homes for sale on Oahu, Hawaii.  This is both for existing homes and new construction.  Buyers and their real estate agent need to be ON TOP OF THE MARKET or they will miss out on the homes that come on the market.  If a new property comes on the market, you MUST go out to see it as soon as possible because if you wait til the weekend or until the next week, the house will most likely be taken by someone else assuming it is priced correctly, it is in decent condition and it is in a good location.  For new home sales, developers are using the “lottery system” to sell houses.  Yes, that’s right, people are having to “win” the right to buy a home in Hawaii!

A few of the hottest markets are Ewa Beach, Kapolei, Makakilo, Koolina, Mililani and Waikele.  For more information on Hawaii real estate, Short Sales in Hawaii, VA loans in Hawaii and any other real estate information on the island of Oahu, contact David Kucic of Hawaii Military Realty, Inc.

3 bedroom, 2.5 bathroom single family home for rent in Ewa Beach, Hawaii Ka Makana at Hoakalei

INTERNET, CABLE TV, HOME TELEPHONE, SWIMMING POOL ACCESS, TENNIS COURTS, LAWN CARE AND FITNESS CENTER USE ARE INCLUDED IN THE RENT.  Single family home and just a couple of years old.  Located on the preferred, wider street of Kamakana St with street parking in addition to the 2 car garage.

This home comes with ceramic tile floors on the first level and upgraded carpet on the stairs and 2nd floor.  Stainless steel appliances, central air conditioning, ceiling fans, sprinkler system, solar hot water system are just a few of the features in this nice home.

For your private showing, contact First Sergeant (Retired) David Kucic, President and Owner of Hawaii Military Realty, Inc at (808) 218-9338 or email to david@davidkucic.com.

 

Oahu, Hawaii Real Estate Statistics Through 3rd Quarter 2012

The real estate statistics for Oahu, Hawaii 3rd quarter, 2012 are completed.  Hawaii Military Realty, Inc. which opened its doors for business in 2011 has quickly proven that they are professionals in the Hawaii real estate industry.

Hawaii Military Realty, Inc. ranked #72 out of 705 real estate brokerages on the island of Oahu for the first 3 quarters of the year.

David Kucic, President and Owner of Hawaii Military Realty, Inc. ranked #46 out of 2,597 real estate agents on the island of Oahu.  David also ranked #16 out of 2,597 real estate agents with the amount of transactions for the first 3 quarters of 2012 (29 transactions).

Congratulations to Hawaii Military Realty, Inc and for their continued support of Military Families in Hawaii.

 

Ewa Beach Homes For Sale

Ewa Beach Homes For Sale have hit a real low as far as inventory is concerned.  With historically low interest rates and news that the housing market is picking up, many people are trying to take advantage of this news but are having difficulty finding a home to purchase.  For example, Ewa by Gentry Trades neighborhood is conducting a “lottery” because of all the interest in the homes they have.  Ewa by Gentry Sandalwood is working with a “wait list” and Ka Makana at Hoakalei are taking “backup offers” on homes that already have primary buyers.  To make matters worse for people that want to buy at Ka Makana at Hoakalei is that they are running out of the last of their homes in Ka Makana.  Once those are sold out, they will be selling homes in their next neighborhood which will take on a new name other than “Ka Makana” but will still maintain a name to go along with the master planned community of “Hoakalei”.

For video footage of homes for sale in Ewa Gentry Trades, Ewa Gentry Sandalwood and Ka Makana at Hoakalei, check out my YouTube site by searching for my user name of “OahuRealEstate“.

When you are ready to purchase (or sell) your home in Ewa Beach, contact the #1 Ewa Beach Real Estate Company that specializes in taking care  of the housing needs of Military Families, Reservists, National Guard, Veterans, Retirees, Civil Service and Government Contractors.  That would be Hawaii Military Realty, Inc.

4 Bedroom, 3 Bath Home For Rent in Ewa by Gentry SONOMA

AVAILABLE JAN 31, 2014.  This is the most sought after model in the Ewa Gentry neighborhood of SONOMA/PRESCOTT.  The “Santa Rosa” model home has over 2,000 sf of interior living space, a large 300 sf loft on the 2nd floor, bedroom and full bathroom on the first floor, large, fully fenced 5,000+ sf lot, two car garage, driveway, central air conditioning.  Wood laminate and tile flooring on 1st floor.  Recently painted exterior.  Walking distance to award winning HOLOMUA Elementary School.  Close to Foodland, Longs Drugs, Subway, Starbucks and more.  LAWN CARE IS INCLUDED IN RENT!  One intersection away from the new “Laulani Village Shopping Center” which will have Safeway, Ross, Walgreens, City Mill Petco and much more shopping and office space!  For more information and to schedule your private showing, contact Hawaii Military Realty at (808) 218-9338.  You can visit this property on Hawaii Military Realty website at www.himre.com. Military clause is part of contract.  $20 credit check fee per adult.  NO PETS. MORE PHOTOS COMING SOON.  CURRENT TENANTS IN PROCESS OF MOVING OUT AND CLEANING.  Homes in the Sonoma neighborhood are eligibile for a VA Home Loan in Hawaii if you are interested in purchasing a home in Hawaii rather than renting.  Hawaii Military Realty is your full service, Oahu real estate sales and property management company.