Posted by Craig (IL) on August 04, 2002 at 07:40:04:
“What I would like to be less involved and make money in RE without a lot of hassles, and without putting up a lot of monies. Funds are tight right now.”
You sound like everyone else who starts except for the “less involved” part. You’ll need to spend a fair amount of time, although you can do this part time. Start by reading these posts. Their free, and there’s great advice here on most everything you’ll need to start.
Land prices by the sq. foot in Hawaii. That could translate into big bucks for you, in part because you can learn how to help people get into properties they otherwise couldn’t afford. Also, I bet there’s lot of out-of-state owners, and that’s a benefit to creative REI. Pay attention especially to posts about Lease Optons and Subject-To Purchases. If your serious, you’ll eventually need to spend some bucks and purchase some of the courses offered here.
I bet there’s a lot of Time-Share properties where you are. I haven’t seen any posts about how to benefit from those at this site, but I know there’s at lease one company (don’t know the name) here in continental US that’s figured out a way to make bucks with them. You might want to look into this.