Have a Question? Ask & I'll Answer It With A Video

Free Home Value Report Search For Homes

Expert Tips for Navigating the Real Estate Market

Our mission at Team Lally is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

What Is the No. 1 Mistake That Investors Make?

Most real estate investors make the same mistake. They don’t increase their rent.


Want to sell your Hawaii Area Home? Get a home value report
Want to buy a Hawaii area home? Search all homes for sale

We've been receiving a lot of questions about this topic lately, so today we want to talk to you about investment properties.

The most common mistake investors make is not raising the rent. They put a tenant in place and keep the rent the same for years. The rent covers the payments, and if they pay on time, it's a win-win. Right? Wrong. When tenants get comfortable with their rents, their other expenses tend to eat up their leftover income. When it's time to get them out, they will have a hard time finding a comparable property at the rent you've been charging them.

Get a professional rental analysis.
It will be a challenge having them vacate the property when it’s time to sell, but we have a very easy solution. Get a professional rental analysis.

Raising your rent to market rates may even cover the management fees. We highly recommend Duke Kimhan and his staff at Hawaii Pacific Property Management. Let them take the call for a clogged toilet on Super Bowl Sunday. We use them for our own investment properties and they could be a great fit for you if you're thinking of investing in Hawaii real estate as well.

If you have any questions for us, don't hesitate to give us a call or send us an email anytime. We look forward to hearing from you.