The first thing to do when hunting some luxury homes in Hawaii implies setting an available budget. Make sure that you are actually comfortable with spending the respective amount of money. Find out what having a beachfront property means and what its associated expenses are. There are taxes you need to pay for. While plenty of people buy beachfront properties in order to make money with them, chances are you will have to be more comfortable with the expenses than the income. Otherwise, you are taking some risks that are simply not worth. The income is supposed to be a reward only.