Planning For The Future

What are you planning to do when COVID-19 is a thing of the past? Most of us can’t wait for things to return to normal, whatever “normal” might look like. And, though many of us have returned to work, there are still a lot of people sitting on the sidelines. Waiting. Hoping that they will have jobs to go to. No matter where you land on the spectrum, the reality is that things are going to look vastly different in the months and years ahead. It’s also likely that all of us will have to shift some priorities, goals, and plans around. Things won’t be the same and there is no doubt that this pandemic has altered all of our futures in various ways. For some, it may be years to recover from the economic shock. Some may never recover, at least not completely.

It May Be Time to Compromise

For those on the precipice of retirement, it may mean postponement. Thinking of going to college? You might have to wait. Are you itching to take a vacation, but it’s no longer in your budget? You may have to make some compromises and changes, but with planning, you can still create a bright future for yourself and your loved ones.

Regardless of your personal circumstances and financial resources (or lack thereof), it is important to plan. I’m a firm believer in planning and have benefited from proper planning. You will, too, if you take time to consider your current financial situation, long-term goals, and your unique circumstances in your life. No matter where you are today, with proper planning, a commitment to a financial plan, and the discipline to stick to it, you will succeed.

Creative, Customized Planning

I share this same philosophy with my real estate clients. It’s important to work with each client in a very customized way. A creative way. In a way that optimizes the probability of success. One size does not fit all. Understanding your season in life, your personal circumstances, and your long term goals is essential to a successful real estate transaction, and your real estate portfolio.

Are you sitting on the sidelines when it comes to real estate investment? Granted, there are no guarantees. Like the stock market, home prices rise and fall. There are setbacks. You might have to make some adjustments. But, with some creative planning and long-term vision, real estate investment is a wise choice. Especially in Hawaii, where capital appreciation is historically good. Very good.

Is It Time to Buy or Sell?

Granted, we don’t know what the years ahead will bring, but history suggests the future is likely to be bright for those who have a plan, stay disciplined, and invest in Hawaii real estate. If you have any doubt, take a look at this historical re-sale chart and then call me to learn more about real estate investment strategies.