Buying vs Renting: Top 5 Reasons to Buy on Kauai | The Margolis Team of eXp Realty | Ronnie Margolis

In this episode, Ronnie Margolis from EXP Realty talks about why buying a
home on Kauai is a great investment in 2023.
Margolis discusses the five main reasons why buying instead of renting makes more sense on the island, emphasizing that buying a home on Kauai can be a great investment due to the current housing market's limited inventory and growing tourism.
Margolis also discusses the freedom and customization that comes with
owning a home on Kauai and truly making their home their own. Additionally, Margolis emphasizes the stability that comes with owning a home as you don't have to worry about landlords putting the home up for sale or not allowing you to renew your lease or raise your rent.
Margolis explains that owning a home on Kauai can also provide a sense of community, as you get very friendly with the neighbors, and can partake in the aloha spirit that Kauai is known for. Finally, Margolis discusses the tax benefits of owning a home, as you may be able to deduct your mortgage interest, property taxes, and other home-related expenses from your federal taxes, potentially saving you money in the long run.
Overall, Margolis emphasizes that with the average three-bedroom house on Kauai now renting for $4000 to $4500 a month, it makes more sense to buy than rent, especially if you are in a position to do so.
Key Moments:
[00:00:01] Introduction
[00:00:16] Key takeaway #1: Buying a home on Kauai can be a great
investment
[00:00:37] Key takeaway #2: Customization and freedom when owning a
home
[00:01:07] Key takeaway #3: Stability of homeownership
[00:01:22] Key takeaway #4: Sense of community when owning a home in
Kauai
[00:01:45] Key takeaway #5: Tax benefits of owning a home
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Buying? bit.ly/39OGwpR
FREE Property Valuation bit.ly/2yDmKkh
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The Margolis Team of eXp Realty
4210 Hanahao Pl Ste 203 Lihue, HI 96766
Ronnie Margolis | Realtor Broker
[e-mail]
RB - 21841 | Ph. 808.346.7095
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