Thinking about making the move to Hawaii?! Reach out anytime, my team and I are here to help! Call or Text anytime: 808-277-0869 Email me at: micah@paradisebrokers.com Join our newsletter: newsletter.paradisebrokers.com/
Questions, We have inherited a place "single family home " in Hilo, Big Island. With all the expenses, pro and con, we still hesitated to move there. Our choices are either rent it out, move to Hawaii, or cash it. My partner really wants to move there due to safety, lifestyle and climate. We are retired couple with good income and saving, currently living in Florida. My partner receives a full coverage from health insurance and benefit from VA hospital. Our only expenses would be the entertainment, phone, gas, electricity, internet, car insurance, home insurance in Hawaii. Our question is the monthly food cost for two people "not including going out for dinning"? We normally shop at Costco and assume in Hawaii the cost be 15-20% higher. For the Big Island, the cost of all expenses any better than other islands. Much appreciate.
Given that you and your partner have a good financial situation, it sounds like you would have a pretty good quality of life in Hilo. Hilo is a really nice place with a great community and very nice people - it is very rainy there though so you just want to expect your lifestyle to change somewhat given the weather. Groceries are more expensive here, we have a family of 3 adults and 1 child and we spend roughly $600-700 on groceries per month shopping at Costco and our local grocery store.
@@hawaiisrealtor Very good information and tanks again. Possible visit the island in March and stay there half of the year to figuring out if it actually suites our needs and lifestyle.
When I was in Honolulu for two weeks I found a great camera store packed with all the latest technology including a newly released G-Master lens I was looking for MSRP, so I suppose the technology availability depends on the type of technology you're looking for. Obviously, a camera store will flourish in any type of tourist area. I'm moving to the area soon. The housing challenge is stressing me out. Especially since I have a Tesla EV.
Welcome to Hawaii, I hope your move goes well! We have a Tesla too and we had some issues charging it until we got into a house where we can charge at home. If you're planning to live in a condo that doesn't have an EV charger, I would recommend picking up a CHAdeMO adapter so that you can charge at the fast charging stations by HECO. They have stations scattered throughout the island and those are the fastest charging options. Tesla has a super charger here as well but it's over in Aiea and the lines can get pretty long. On technology, I meant that I wish there were more technology related companies out here. That's an industry that is currently pretty small in Hawaii.
@@hawaiisrealtor Ahhh, makes sense. Perhaps with remote work there are Microsoft, Google, Meta, Amazon technology employees living on O'ahu, just not represented by a fancy corporate campus. Yeah, that's why I'm leaning towards Ewa Beach because then I have a garage where I can install a home charger. Which is sad because I'm single and really want to live in the energy of Waikiki. Perhaps a condo would allow me to install an electrical line to my parking spot at my expense, but that raises all kinds of safety and code issues.
@SoCalFreelance Yeah that's a good point, I'm sure there are. My wife is in school right now to become a software engineer so having more job opportunities for her would be nice, but in the end she may also look at the remote job. Ewa Beach is nice and there's quite a bit more flexibility for things like EV chargers, but you're right, some of my single friends/clients have also wanted to be closer to the city instead of the more suburban feel of Ewa. Some buildings will allow you to install a Tesla charger, that's becoming more common. Would be happy to hop on a call with you sometime Monday or Thursday to talk about the different areas of the island and they're pros and cons to help you find the area that would be a good fit. There's a lot of nuances to the different neighborhoods so I'd be happy to help point you in the right direction.
Well, I was planning on moving to Kona till the Federal hiring freeze started this week and my job got taken away.....I'm sticker shoooooocked though about apartment costs!
@@edgu71eg I don't know of an apartment finder service specifically for rentals, but I do have a good real estate partner in Kona that I could connect you with if you're looking to purchase a property.
Hey thanks for the video. I just turned 18 and about to go study finance at a college in Florida. after that, my dream is to move to Hawaii and hopefully find a job and settle down there. any tips on what I should be prepared for?
@brycelacroix617 Glad you enjoyed the video! Hope college in Florida goes well for you. I think studying finance is a great and versatile career path that will serve you well when you're in Hawaii. The most important thing I would prepare for before you arrive is just making sure that you're financially stable before moving here because Hawaii's prices are quite high compared to the mainland. Studying finance should also open the door for you at some of our local banks like Bank of Hawaii, American Savings Bank and Central Pacific Bank so that may be something worth looking into. Best of luck!
@@hawaiisrealtor Thank you very much! Also thank you for your service in the military. My dad is a colonel currently serving in the US Army and he's been on a couple of deployments to iraq and Afghanistan and we're stationed in Germany. I deeply respect your sacrifice and dedication to our country.
Planning to move around spring time. I want live to in Waipahu. There seem to be a lot of warehouse job in area and rent to me is cheap. I don’t care about living in the ghetto or working 2 jobs. I grew up in urban areas San Diego and Miami so ghetto don’t scare me too much. The reason I chose Hawaii because of the Mountains and Beaches. I always bounce back and forth from Florida to California. Now I want to be steady and stay in one place. I see all the homeless and the locals complain about housing. Is it really that bad? Are the jobs they’re posting on indeed fake? I’m also a convicted felon I heard that they’re a 2nd chance state. It’s been since 2016 since I got into ANY trouble. I don’t do drugs or smoke. I love nature and keep to myself. I’m not looking to buy property just rent and build myself up from there. Any tips for felon when comes to housing it’s harder for them to rent? If anything I’m going to make it work.
The housing market is pretty expensive here. On average, rent or mortgage payments take a much higher portion of people's overall income than in other less expensive areas so that's definitely something you'll want to plan for. I'm not sure about the jobs on Indeed, but Hawaii does have the lowest unemployment in the country so I'm sure you can find something when you get here. I'm not too familiar with jobs or housing for felons, but what I've learned is that Hawaii is all about relationships, so if you show someone (a hiring manager or property manager) that you're reliable and trustworthy, that will go a long way for you and people won't care as much about you being a felon. I wish you the best of luck on your job and home search when you come out here!
Hawaii, the island of Oahu in particular, has basically turned into a rather large theme park for the rich and well to do. But not just for Americans.There are Russians, Chinese, Japanese, Europeans, Australians, New Zealanders who are buying large chunks of real estate and condominiums as investments. This is the fault of the policies and politicians of our state. Affordable housing for hard-working locals? Ha! I've lived on Oahu for 32 years, and the politicians still have never stopped ✋️ the foreign investment industry in Honolulu. They just keep buying and buying and buying.
I get where you're coming from.. It can definitely seem like that sometimes. I know it seems like foreigners are buying up all of the real estate, but that just isn't the case and they end up being the scapegoat for our real estate problems. Here are some stats that show the profile of Hawaii's real estate buyers and where they are coming from (see link below). Of the 8,368+ Hawaii properties sold so far in 2024, less than 100 of those were to foreigners so roughly about ~1%. The reason property values are so high is because the demand is much higher than the supply. So this isn't an issue of foreign buyers, this is an issue of a lack of inventory/supply and the real place to point blame for this issue is DPP and the government who have imposed so much bureaucracy, regulations and red tape that it's become so expensive to build that hurts our housing supply and increases home prices for Hawaii's residents. DPP is ultimately the bottleneck to our housing supply crisis. www.tghawaii.com/wp-content/uploads/Buyer-Stats-Oahu-Q2-2024.pdf
Thinking about making the move to Hawaii?! Reach out anytime, my team and I are here to help!
Call or Text anytime: 808-277-0869
Email me at: micah@paradisebrokers.com
Join our newsletter: newsletter.paradisebrokers.com/
I loved this video. I'm moving this year.... I'm very excited!
I loved what you had to saw about the fresh start.
Good luck with your channel.
@@katyjean862 Thanks and glad you enjoyed the video!
Questions, We have inherited a place "single family home
" in Hilo, Big Island. With all the expenses, pro and con, we still hesitated to move there. Our choices are either rent it out, move to Hawaii, or cash it. My partner really wants to move there due to safety, lifestyle and climate. We are retired couple with good income and saving, currently living in Florida. My partner receives a full coverage from health insurance and benefit from VA hospital. Our only expenses would be the entertainment, phone, gas, electricity, internet, car insurance, home insurance in Hawaii. Our question is the monthly food cost for two people "not including going out for dinning"? We normally shop at Costco and assume in Hawaii the cost be 15-20% higher. For the Big Island, the cost of all expenses any better than other islands. Much appreciate.
Given that you and your partner have a good financial situation, it sounds like you would have a pretty good quality of life in Hilo. Hilo is a really nice place with a great community and very nice people - it is very rainy there though so you just want to expect your lifestyle to change somewhat given the weather. Groceries are more expensive here, we have a family of 3 adults and 1 child and we spend roughly $600-700 on groceries per month shopping at Costco and our local grocery store.
@@hawaiisrealtor Very good information and tanks again. Possible visit the island in March and stay there half of the year to figuring out if it actually suites our needs and lifestyle.
When I was in Honolulu for two weeks I found a great camera store packed with all the latest technology including a newly released G-Master lens I was looking for MSRP, so I suppose the technology availability depends on the type of technology you're looking for. Obviously, a camera store will flourish in any type of tourist area. I'm moving to the area soon. The housing challenge is stressing me out. Especially since I have a Tesla EV.
Welcome to Hawaii, I hope your move goes well!
We have a Tesla too and we had some issues charging it until we got into a house where we can charge at home. If you're planning to live in a condo that doesn't have an EV charger, I would recommend picking up a CHAdeMO adapter so that you can charge at the fast charging stations by HECO. They have stations scattered throughout the island and those are the fastest charging options. Tesla has a super charger here as well but it's over in Aiea and the lines can get pretty long.
On technology, I meant that I wish there were more technology related companies out here. That's an industry that is currently pretty small in Hawaii.
@@hawaiisrealtor Ahhh, makes sense. Perhaps with remote work there are Microsoft, Google, Meta, Amazon technology employees living on O'ahu, just not represented by a fancy corporate campus.
Yeah, that's why I'm leaning towards Ewa Beach because then I have a garage where I can install a home charger. Which is sad because I'm single and really want to live in the energy of Waikiki. Perhaps a condo would allow me to install an electrical line to my parking spot at my expense, but that raises all kinds of safety and code issues.
@SoCalFreelance Yeah that's a good point, I'm sure there are. My wife is in school right now to become a software engineer so having more job opportunities for her would be nice, but in the end she may also look at the remote job.
Ewa Beach is nice and there's quite a bit more flexibility for things like EV chargers, but you're right, some of my single friends/clients have also wanted to be closer to the city instead of the more suburban feel of Ewa. Some buildings will allow you to install a Tesla charger, that's becoming more common.
Would be happy to hop on a call with you sometime Monday or Thursday to talk about the different areas of the island and they're pros and cons to help you find the area that would be a good fit. There's a lot of nuances to the different neighborhoods so I'd be happy to help point you in the right direction.
Well, I was planning on moving to Kona till the Federal hiring freeze started this week and my job got taken away.....I'm sticker shoooooocked though about apartment costs!
@@edgu71eg shoot I'm really sorry to hear that.. Hawaii will be here for you whenever the time is right.
@hawaiisrealtor appreciate it. Is there an apartment finder service there?
@@edgu71eg I don't know of an apartment finder service specifically for rentals, but I do have a good real estate partner in Kona that I could connect you with if you're looking to purchase a property.
@hawaiisrealtor ok the hiring freeze is 90 days long. Only time will tell. Fingers crossed 🤞
Yeah traffic is the biggest con. Rush hour and rain. The perfect recipe to turn the H1 into a parking lot.
So true, I try to plan my day around traffic whenever possible
Hey thanks for the video. I just turned 18 and about to go study finance at a college in Florida. after that, my dream is to move to Hawaii and hopefully find a job and settle down there. any tips on what I should be prepared for?
@brycelacroix617 Glad you enjoyed the video!
Hope college in Florida goes well for you. I think studying finance is a great and versatile career path that will serve you well when you're in Hawaii. The most important thing I would prepare for before you arrive is just making sure that you're financially stable before moving here because Hawaii's prices are quite high compared to the mainland. Studying finance should also open the door for you at some of our local banks like Bank of Hawaii, American Savings Bank and Central Pacific Bank so that may be something worth looking into. Best of luck!
@@hawaiisrealtor Thank you very much! Also thank you for your service in the military. My dad is a colonel currently serving in the US Army and he's been on a couple of deployments to iraq and Afghanistan and we're stationed in Germany. I deeply respect your sacrifice and dedication to our country.
@brycelacroix617 I really appreciate it man, thank you! 🙏🏼
Planning to move around spring time. I want live to in Waipahu. There seem to be a lot of warehouse job in area and rent to me is cheap. I don’t care about living in the ghetto or working 2 jobs. I grew up in urban areas San Diego and Miami so ghetto don’t scare me too much. The reason I chose Hawaii because of the Mountains and Beaches. I always bounce back and forth from Florida to California. Now I want to be steady and stay in one place. I see all the homeless and the locals complain about housing. Is it really that bad? Are the jobs they’re posting on indeed fake? I’m also a convicted felon I heard that they’re a 2nd chance state. It’s been since 2016 since I got into ANY trouble. I don’t do drugs or smoke. I love nature and keep to myself. I’m not looking to buy property just rent and build myself up from there. Any tips for felon when comes to housing it’s harder for them to rent? If anything I’m going to make it work.
The housing market is pretty expensive here. On average, rent or mortgage payments take a much higher portion of people's overall income than in other less expensive areas so that's definitely something you'll want to plan for. I'm not sure about the jobs on Indeed, but Hawaii does have the lowest unemployment in the country so I'm sure you can find something when you get here. I'm not too familiar with jobs or housing for felons, but what I've learned is that Hawaii is all about relationships, so if you show someone (a hiring manager or property manager) that you're reliable and trustworthy, that will go a long way for you and people won't care as much about you being a felon. I wish you the best of luck on your job and home search when you come out here!
Hawaii, the island of Oahu in particular, has basically turned into a rather large theme park for the rich and well to do. But not just for Americans.There are Russians, Chinese, Japanese, Europeans, Australians, New Zealanders who are buying large chunks of real estate and condominiums as investments. This is the fault of the policies and politicians of our state. Affordable housing for hard-working locals? Ha! I've lived on Oahu for 32 years, and the politicians still have never stopped ✋️ the foreign investment industry in Honolulu. They just keep buying and buying and buying.
I get where you're coming from..
It can definitely seem like that sometimes. I know it seems like foreigners are buying up all of the real estate, but that just isn't the case and they end up being the scapegoat for our real estate problems.
Here are some stats that show the profile of Hawaii's real estate buyers and where they are coming from (see link below). Of the 8,368+ Hawaii properties sold so far in 2024, less than 100 of those were to foreigners so roughly about ~1%.
The reason property values are so high is because the demand is much higher than the supply. So this isn't an issue of foreign buyers, this is an issue of a lack of inventory/supply and the real place to point blame for this issue is DPP and the government who have imposed so much bureaucracy, regulations and red tape that it's become so expensive to build that hurts our housing supply and increases home prices for Hawaii's residents. DPP is ultimately the bottleneck to our housing supply crisis.
www.tghawaii.com/wp-content/uploads/Buyer-Stats-Oahu-Q2-2024.pdf
Luau bombs from Mike/ Kaneohe Mall food market PRO
Can't say that I've had that yet but I'll need to try it next time I'm in Kaneohe