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Living in Hawaii

Garanon5

New Member
Just got my orders to Kbay and despite what I do know about real estate prices I am carefully weighing my options as far as buy vs rent. I'm a jg with possible roommates. Does anyone have any input/advice?
 

Scamahmrd

Boiler Up!
pilot
From personal experience, I say rent. I'm sure you'll here differing opinions on this though. I left a little over a year ago. PM me if you want any info.
 

SynixMan

In Dwell
pilot
Contributor
My friend headed to -37 is married and doing base housing. Seems like a great deal if you don't want a roommate besides your wife.

Have heard of single guys going in together on renting a beach house. Never heard of a guy buying property there on JO money.
 

Gatordev

Well-Known Member
pilot
Site Admin
Contributor
My friend headed to -37 is married and doing base housing. Seems like a great deal if you don't want a roommate besides your wife.

Have heard of single guys going in together on renting a beach house. Never heard of a guy buying property there on JO money.

It happens. There were several guys that bought condos or a house when I was out there. And this is when the market was exploding. The COLA and BAH is more now (in real dollars, not just inflation dollars) than it was when I was out there, too.
 

PropAddict

Now with even more awesome!
pilot
Contributor
If I were single and had the means to swing it, I'd buy. Just keep in mind houses are tiny here, come with no land (in most cases, I mean this literally), and can be in some really shitty neighborhoods. One of our O-4's just got "a great deal" on a condo in Kailua for like $400K. After he moved in, he realized that he's downind from the sewage treatment plant. . . In a "decent" section of Kailua, a 3 bd/2ba, 1500 sqft house runs about $500K and will be 3 or 4 blocks from the beach. Prices go up exponentially as you get closer.

I'm married with two little tax deductions, so there's no way in hell I could have afforded to buy in Kailua when I checked in as a JG, but I know a couple of guys who are doing it now and some O-4's who still own their JO-tour houses.

That said, as a single dude, you'll make like $2300/mo in BAH and another $900 in COLA. If you rent a McMansion on the beach in Lanikai with 3 other guys, you'll have far and away the sweetest pad and you'll be able to bank like $2k a month from just the "Hawaii Pay" (or spend it on booze).

And base housing is awesome here. HUGE houses by Hawaii standards, they're all brand new, and all walking distance from the one of the best surfing and snorkeling beaches on the island.
 

Gatordev

Well-Known Member
pilot
Site Admin
Contributor
After he moved in, he realized that he's downind from the sewage treatment plant. . . In a "decent" section of Kailua, a 3 bd/2ba, 1500 sqft house runs about $500K and will be 3 or 4 blocks from the beach. Prices go up exponentially as you get closer.

Aikahi was always the wild card. Get to close and you could get burned.

And base housing is awesome here. HUGE houses by Hawaii standards, they're all brand new, and all walking distance from the one of the best surfing and snorkeling beaches on the island.

Have I mentioned how I hate you?
 

PropAddict

Now with even more awesome!
pilot
Contributor
Me too. How hard is it to get into base housing in K Bay? I always thought you weren't guaranteed housing on K Bay, just gubmint housing somewhere on da island.

It took me a month when I first checked in. Lately, it's been taking guys anywhere from 2 months for JO's to a year for the oak leaf set.

You aren't guaranteed housing on KBay, but you can opt out of the housing on the other side, so they never even offer it to you. It probably means you have to wait longer, though.

And for people who like to longboard the south shore surf or the nightlife in Waikiki, the Navy housing down there is probably a better fit anyway.

Still, I've spent over $100K on rent alone over the last 2 and change years. That's like 1/5th of a sweet pad in Lanikai that I could retire in, if I had sucked it up and bought as soon as I got here.
 

millsrawife

Proud Navy Wife!
Definitely try to stay on the windward side preferably Kailua or Lanikai...in my opinion one of the best beaches on the Island and a short walking distance to Buzz's Steak House (good food and drinks with the occasional run in with someone famous). Your best bet is to find a few roommates. Second best deal is living on base because like PropAddict said some of the best surfing and snorkaling on the island without the crowds! Also, on base you can crank up the A/C without the worry of a huge electricity bill and in this case the commissary is very beneficial because grocery stores outside of base are outrageous! Have fun and enjoy all the free time you get, best 3 years of my life.
 

Brett327

Well-Known Member
None
Super Moderator
Contributor
This talk makes me want to look at PACOM orders. Potential for thread split, but anyone have experience working on that staff?

Brett
 
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