WS1789 Building Affordable Rental Housing in Honolulu | Steve Olson

Embark on a journey through the intricate landscape of affordable housing in Honolulu with our esteemed guest, Steve Olson. Steve presents an innovative perspective on this critical issue, spotlighting the groundbreaking Bill Seven - a legislative benchmark that paves the way for public-private partnerships in affordable housing.

This transformative law allows developers to construct apartment buildings up to six stories tall, aimed at individuals who earn 80% or less of the area's median income. The genius of this legislation lies in its straightforwardness - no city council approvals, no public hearings, and a 10-year property tax exemption. Steve's passion for this subject is infectiously clear, especially when discussing the urgent need for affordable housing in Honolulu.

Continuing our conversation, Steve imparts his priceless wisdom on task delegation and hiring based on strengths, gleaned from his extensive personal experiences. He highlights the importance of recognizing one's own strengths and pinpointing tasks that could be delegated more effectively. Shifting gears, we consider the potential of real estate as a medium for wealth creation. From finding the right professionals for financial modeling and accounting to selecting the best talent for specific roles, Steve emphasizes the crucial role of effective delegation.

We wrap up the episode by sharing Steve's contact information for listeners who would like to engage with him further. Don't forget to share the Real Estate Syndication Show with your network and stay tuned for more insightful discussions!


Want to connect with Steve and learn more about his insights? Don't delay, visit his website today! You'll find a wealth of information and potentially have the chance to communicate directly with him. So why wait? Head over there now and start exploring!

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