East Oahu Realty
Pay Someone to Build and Host my Real Estate Website?
You need three things:
1. A domain name. You can use FatCow, LowestDomainRates, etc…It runs $10-$15/year for the domain name. Just the name. Mine is http://www.hawaiihome.biz/
2. A place to load the site. BlueHost is one of them. I have used them for 5 years and had a few minor problems while they were switching servers.
3. A software platform to load all of your features, i.e. WordPress (free and relatively easy to use and learn).
So the domain is your “garage,” the hosting provider is your vehicle and the software has the bells and whistles, or accessories.
If you set yourself up with BlueHost, you can load a WordPress site easily in a few minutes. It’s part of the BlueHost setup. You click on scripts on your Control Panel, then choose WordPress, then tell what site to load it on. You need a domain name of course, to load it on to, AND you have to know how to unlock the domain name to load it on BlueHost’s servers. Make sense?
As far as WordPress goes, it has themes and plugins. Themes are the backgrounds (like the chassis or frame of the car) and plug-ins, these are mini-programs that you run on the website or blog, such as IDXSearch, SEOs (Search Engine Optimization), broken link checker, search, and control of your sidebars and pages. Sound like a lot of work? IT IS! But I have 100% control over your site. Themes can be fancy or simple, free or several hundred dollars.
Two biggest lessons learned:
1. Buy the daily back up feature in BlueHost. I think it’s $10/month, can’t remember exactly. If you ever do something screwy, you (or a blog professional) can reload your site within a matter of 10 minutes. I have daily and weekly backups set up.
2. Buy the spam filter feature for your website as one of the options on BlueHost. It’s called Postini, for $1/month per email address. As soon as you post your email address on the Internet, some smart Russian guy is scooping it up and adding it to a spam email list. Positini filters those.
Within WordPress, there is a feature (plugin) called Askimet. It’s free. It filters out people trying to spam comments on the site directly.
I have lots of other tips, but these are the main ones. You can do it. It may take you a hundred hours to set it up, or you can pay someone thousands of dollars. Instead of embarrassing yourself, try buying a domain for a hobby you have and practice loading it up and writing posts. I have 100+ domain names and 6 or 7 blogs. My other job is EHRs – see http://www.hawaiiehr.com/
I spend a lot less time on that one and get around 200 hits a day on it.
BTW, it’s a misnomer to say that someone is on the “first page of Google.” If I type in Hawaii Real Estate, I am competing with multi-million dollar companies with a full IT staff. You need to find niches with keywords. If you type in “Hawaii Public School Calendar” I hit positions 1, 2, 3, 7 & 8 (via Trulia). I rank higher than the State of Hawaii that publishes the calendars. Doesn’t always have to be “real estate.”
Last thing (I promise). I would never use Yahoo! or Hotmail for real estate. You can get BlueHost just for email as well. Unlimited email with unlimited storage, up to 10 MB per email limit.
Mariners Ridge Real Estate Hawaii Kai
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See more Real estate in the Mariners Ridge community.
(all data current as of 5/15/2013)
$1,100,000 : 993 Kakiwa Pl, Honolulu4 beds, 3 full bathsHome size: 2,204 sq ftLot size: 10,992 sqftYear built: 1971Days on market: 82
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Mariners Ridge Real Estate – Mariners Ridge Homes
Mariner’s Ridge is a community that overlooks Koko Crater on the east side, Olomana and Bellows Beach on the mauka side, and breathtaking views of Maunalua Bay at the base or entrance of Hawaii Kai. There is also a quick, yet moderate to steep hike. To get to the hike, drive up the mountain road through the Mariner’s Ridge (in Hawaii Kai) community. The trail head is on a cul-de-sac, drive to the very top of Kaluanui Road in Mariner’s Ridge and park at the end. You’ll see a metal sign leading you to the trailhead on the east side of the last residence. Once you reach the top, there are magnificent views from the ridge of the southern edge of the Ko’olau range.
The Area Near Mariner’s Ridge
There are numerous shopping complexes and recreational activities. Shopping at Koko Marina, Hawaii Kai Towne Center, Costco, Safeway, Longs, Ross and more. Great restaurants such as Harbor Village, Blue Water Grill, The Shack, and my favorite, Kona Brewing.
Celebrities Who Owned Homes in the Hawaiian Islands
Listed below are celebrities that have called Hawaiʻi home during some significant part of their lives.
Dr. Wayne Dyer (Maui), Dog the Bounty Hunter (Honolulu), Pierce Brosnan, Richard Chamberlain, Willie Nelson, Kris Kristofferson, Woody Harrelson (Maui), Jim Nabors (Diamond Head), Oprah Winfrey (Maui), Paul Allen, Mick Fleetwood, Cher, Owen Wilson, Randy Travis, Mick Fleetwood, Kenny Loggins, Richard Donner, Carol Burnett, Vicki Lawrence, Steve Tyler.
Famous people or celebrities who vacation in Hawaii or have frequent staycations here include:
Dalai Lama, Elton John, Prince, Paris Hilton, Zac Efron, Sharon Stone, Janet Jackson, Lance Armstrong, Kate Hudson, Tom Hanks, Gene Hackman, Vanessa Hudgens, Justin Bieber, Rob Schneider, Regis Philbin, Jonas Brothers, Andrew Garfield, Magic Johnson, Tiger Woods, Jennifer Love Hewitt, Lindsey Lohan, Britney Spears, Carlos Santana, Helen Hunt, Megan Fox, Maria Shriver, Rosanne Barr, Kelsey Grammar, Mike Myers, Adam Sandler, William Shatner, Olivia Wilde, Selena Gomez, Alice Cooper, Weird Al.
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See more Real estate in the city of Honolulu.
(all data current as of 5/15/2013)
$5,700,000 : 266 Portlock Rd, Honolulu4 beds, 4 full bathsHome size: 5,241 sq ftLot size: 17,387 sqftYear built: 2006Days on market: 1
$3,395,000 : Kalakaua Ave, Honolulu5 beds, 4 full bathsHome size: 4,157 sq ftLot size: 3,411 sqftYear built: 1926Days on market: 1
$2,900,000 : 223 Saratoga Rd ,Unit 2802, Honolulu2 beds, 2 full bathsHome size: 1,484 sq ftYear built: 2009Days on market: 2
$4,100,000 : 4 Lumahai St, Honolulu3 beds, 3 full bathsHome size: 2,302 sq ftLot size: 21,639 sqftYear built: 1980Days on market: 4
$2,175,000 : 1635 Hoaaina Pl, Honolulu5 beds, 4 full bathsHome size: 4,247 sq ftLot size: 9,610 sqftYear built: 1979Days on market: 4
$12,500,000 : Atkinson Dr, Honolulu0 beds, 0 bathsLot size: 35,815 sqftYear built: 1949Days on market: 5
$3,680,000 : 1004 Koae St, Honolulu4 beds, 4 full bathsHome size: 3,190 sq ftLot size: 8,477 sqftYear built: 2013Days on market: 5
$3,680,000 : 1014 Waiiki St, Honolulu4 beds, 5 full bathsHome size: 5,033 sq ftLot size: 12,750 sqftYear built: 2011Days on market: 8
$8,500,000 : 1288 Ala Moana Blvd ,Unit 36J, Honolulu3 beds, 4 full bathsHome size: 3,056 sq ftYear built: 2006Days on market: 9
$2,845,000 : 2184 Round Top Dr ,Unit 2182, Honolulu3 beds, 5 full bathsHome size: 4,477 sq ftLot size: 15,182 sqftYear built: 2007Days on market: 11
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Hawaii Real Estate Investments and Property Attractive to Chinese and Koreans
Investments from foreign sources into the U.S., particularly real estate investments, have continued to increase over the last several decades. The total U.S. Existing Home Sales market was approximately $1.07 trillion in the 12 months ending in March 2011 based on a recent NAR survey. Foreign clients purchased an approximate $41 billion share of homes, the same as the previous year. In addition, recent immigrants (who have moved to the U.S. within the past 2 years) and individuals with visas for more than 6 months purchased an additional $41 billion, for total internationally oriented sales of $82 billion, up from $66 billion reported in 2010.
Geographic Market Segmentation: International buyers came from a total of 70 countries; the top five (Canada, Mexico, China, U.K., and India) accounted for 53 percent of transactions. Most states had at least one international transaction, but four states—Arizona, California, Florida, and Texas—accounted for 58 percent of transactions.
According to the NAR report, almost 80 percent of Realtors® reported that the value of the dollar had an impact on international sales. U.S. home prices have declined in recent years in both dollars and euros. When the euro’s value relative to the dollar increases the real price of a U.S. home to a euro based purchaser declines. During the past 10 years the strength of the euro has in general increased the purchasing power of international buyers. Declining U.S. home prices have also increased the attractiveness of the U.S. market. Due to the arbitrage nature of international currency markets, when the dollar depreciates against the euro it also tends to depreciate against other currencies, so overall the U.S. home buying market has become increasingly attractive to international purchasers.
The commercial property market in the U.S. is currently beset by both excess inventory and reluctance on the part of lenders to increase their current exposure to the market by lending further. Thus there is very little demand on the part of investors, domestic or foreign, to acquire commercial properties or begin new projects. The commercial market should improve as broader fundamentals in the economy improve; most notably employment and consumer spending, which should bolster property cash flows and improve capitalization rates, which in turn will help to stabilize commercial investment.
For the twelve months ending April 2010, foreign purchases of U.S. residences totaled $64 billion. This is almost twice the $36 billion in foreign transactions that took place during the twelve months ending April 2009. The percent of dollar volume represented by foreign transactions increased from 4.3% in 2009 to 7.1% in 2010.
Most of the foreign purchases in U.S. residential real estate were located in four states – Arizona, California, Florida and Texas.
These four states accounted for 54% of all international transactions in the twelve months ending April 2010. This compares to only 38% of all foreign transactions in the twelve months ending April 2007. Not surprisingly, states with a large number of distressed properties in vacation areas such as Florida and Arizona exhibited the biggest increases in foreign purchases. Foreign purchases in Florida and Arizona increased from 10% to 22% and 5% to 11% of all foreign transactions in the U.S. respectively between 2007 and 2010.
Foreign investment should improve as fundamentals in the commercial market stabilize. Attractive prices and a relatively weak dollar should entice foreign investors to return to U.S. commercial real estate. In regards to the residential market, low interest rates, a weak dollar, and attractive prices in traditional vacation areas should continue to attract foreign investment commensurate with recent levels.
In 2010, nearly 2,000 would-be immigrants, many from China, applied for EB-5 visas, the most ever in a single year, according to U.S. Citizenship and Immigration Services (USCIS), the agency that oversees the program. The surge has been driven in part by a 20-fold increase in the number of U.S. companies looking to participate.
Direct Individual Investment Tax Implications
Preferential long-term capital gain on a flat basis for capital assets held for more than 1 year
Lower acquisition cost
Easier to obtain institutional financing
10% FIRPTA Withholding and 5% HARPTA Withholding at the time of sale. The N-288 forms are located here and here.
30% withholding tax on rental income unless an election is made to treat the rental income as effectively connected with U.S. trade or business income
Income Tax Implications
Withholding Tax – 30% on payment made to a foreign person
Exception – Claim that income is effectively connected with a US trade or business
Form W-7 – Individual Identification Number
Form W-8ECI – Claim of income effectively connected with a US trade or business
Form 1042-S – Foreign person’s US source income subject to withholding tax
US tax treaties
Federal Income Tax – Graduate income tax rates
Hawaii Income Tax Graduate income tax rates
General Excise Tax – 4%
Transient Accommodations Tax – 9.25%
Honolulu City and County Surcharge Tax – 0.5%
State of Hawaii Tax Forms
- Individual Income Tax – Resident and Nonresident
- Partnership Income Tax
- Corporate Income Tax
- S Corporation Income Tax
- Employer’s Withholding of State Income Tax
- Exempt Organization Business Income Tax
- Fiduciary (Trust and Estate) Income Tax
- REMIC – Real Estate Mortgage Investment Conduits Income Tax
General Excise, Use, Transient Accommodations, Rental Motor Vehicle Surcharge Taxes
- General Excise and Use Tax
- Transient Accommodations Tax
- Rental Motor Vehicle and Tour Vehicle Surcharge Tax
155 Paoakalani Ave 303 Scandia Towers Waikiki Condo
Directly across from the Waikiki Beach Marriott Resort, one block to Kalakaua, two blocks to Kapahulu. Spacious 2 BR in a prime area of Waikiki. Large lanai, one covered parking. Full sized washer/dryer in unit. Nearby (less than 1/2 mile): The Zoo, Waikiki Aquarium, Waikiki Banyan, Waikiki Shell, and more.
|ML#: 1110112||Active||List: $363,000||FS – Fee Simple|
|TMK: 1-2-6-027-026-0011||Sub-Type: Condo||PR#: 153|
|Bldg: Scandia Towers||Mstr: 500561|
|Addr: 155 Paoakalani Ave 303|
|City: Honolulu||HI||Zip: 96815|
|Regn: Metro||Neighborhood: WAIKIKI|
|Inter Liv Ar: 863||New Dev/Const: No||Bedrms: 2|
|Open Lanai: 106||Yr Built: 1968||Baths: 2 / 0|
|Land SqFt: 12,949||Conversn Yr:||Land Acres: 0.282|
|Total Area: 969||Remod Yr:||Furnished: Partial|
|#Pk: 1||Fractional: No||Developer:||Mon Maint: $415|
|Stall#s: LG||Flood Zone: X||Model Open Days:|
|Floor: 3||Mon Rental Inc: $||Model Site Contact:||Mon Assn: $|
|Elevators:||Site Contact Ph#:||Other Mon Fees: $|
|Total Mon Fees: $415|