Hawaii Fine Living Forum

According to a study done by the wallethub.com, we see that Hawaii is ranked number 6th place as the safest states during Covid 19 in USA. The 1st place is Alaska followed by Vermont and Colorado. NY ranked 36th and California 45th. Texas is placed as 41. Florida, another tourist favorite state, is ranked at 24th. The study focuses on the following criteria rates of Covid 19 transmission hospitalizations deaths vaccination % postivity

Many people interested in Waikiki condos would ask us if Trump Waikiki is something they can consider as an investment. Here is what we think. If an investor is looking for rental return from this investment, Trump Waikiki due to current hotel management policy will not yield you the best rental return outcome. It is because the hotel management fee and other miscellaneous fees is high so leaving the owner with little to basically breaking even with the expenses. Also the property tax for hotel resort rate is nearly 1.39% compared to residential rate of 0.35% and 0.45% if under 1 million assessed value. If you are someone who doesn't care about rental return, but just like to have a good unit in Waikiki and enjoy the name brand Trump Tower it can still be worth it especially the price is so low right now. For those who is interested in the 5-star service and the brand name- you can use it as your own residence and not putting it into the hotel rental pool. By doing so you can save on property tax rate and also you can use it or share it with your family members. Currently there are many units that have reduced their prices quite a bit due to pandemic impact on tourism. It might be a good time to consider getting one at its low price range and hold it for a few years. Waikiki has limited space for new development so it is why Trump Waikiki and Ritz Carlton still are unique to the location and its real estate category. So the question is do you think the price for Trump units will continue to fall? or rebound when the tourism goes back normal? For those interested in Ritz Carlton, you may also get the best price now rather than later. contact us today

Quarantine time will drop to 10 days for travelers without test results Trans-Pacific passengers arriving in Hawai‘i without a negative COVID-19 result will soon face a shortened 10-day quarantine period, instead of the current 14 days. Gov. David Ige is expected to sign his latest COVID-19 emergency proclamation next week with the new quarantine rule, though it is unclear when the change will go into effect. The new rule reflects guidance from the national Centers for Disease Control and Prevention. Source: Hawaii Business Magazine 12/8/2020