Investing in real estate is one of the best money moves you can make—and that goes double when you’re talking about doing so on the Big Island!
Countless investors have diversified their portfolios by securing properties here in Hawai’i, along with all the benefits such investments bring along, including:
- Long-term growth
- Tax advantages
And so much more. But why is investing in the Big Island making a good thing even better? Today Karen Bail—the Big Island’s premier realtor of choice—is here to give you three reasons why investing in local real estate is one of the best moves you can make for your financial future here in 2023.
Let’s get to it!
- Thriving tourism: According to the latest reports from the state, the tourism sector has bounced back in a big way from the pandemic years of 2020 and 2021. In fact, the current numbers are nearly eclipsing the 2019 pre-pandemic figures—making your new property both sought-after (helping to raise its total value over time) and a hot commodity for short-term rentals as well.
- Setting up rental income: Let your new investment work for you! With so many visitors angling to come and visit the Big Island, accommodations continue to be a massive draw for buyers of choice looking to expand. Good thing Karen can help you navigate all the hoops to jump through to ensure your new property will be set up to welcome those new guests!
- Local flavor and community: Our personal favorite! The Big Island of Hawai’i is truly a place like no other, with more natural beauty than anywhere else in the world and some of the best neighbors and friends anyone could ever ask for. Karen has been a proud island resident for decades, and she’d love to help you become the same—or help you find the perfect investment for your real estate portfolio. Give her a call today!