Memorial Day Weekend is generally considered the tip-off to summer, and that means time with the kids, family vacations, long days at the beach and possibly buying a new house. Summer can be a great time to take a big step in your real estate plans, whether you're looking to sell your house or buy a new one. Here are some summer real estate tips for you: If you're selling your house, start … [Read more...]
Hawaii Real Estate News
Hawaii real estate news and information from Big Rock Investments
Real Estate Investment Information Sources
People are always interested in real estate -- it's the one industry that will never fail to draw attention and get people talking. "What's the market doing? Are prices doing up? What's happening with foreclosures? Did you see that the mansion by the lake is up for sale? What's the Fed doing to interest rates? Do you watch Flip This House or Property Brothers?" But where do you actually go to … [Read more...]
Invest in What You Know
The term "real estate investor" gets thrown around a lot. Many people who get started learning how to flip houses immediately give themselves this label. That's ok - I'm all for the 'fake it 'til you make it' approach. But the term itself is rather vague, no matter whether you're a seasoned veteran or new investor -- after all, there are countless ways to invest in real estate. Calling yourself a … [Read more...]
Should You Sell Your House As Is or Renovate First?
It's a standard question once you've decided to sell your house: should you sell your house as is or renovate first? One look on the Oahu MLS shows a mix of properties both renovated and fixer uppers requiring some -- or a lot -- of TLC. What does that mean? It largely means that any house can sell, given the right price. After all, even if your house is a true fixer upper, there's a current … [Read more...]
Does Price Alone Sell Your House?
The Hawaii real estate market continues to sizzle, with estimates of median single family home prices in Honolulu County toppling $700K by the end of the 2014. Low mortgage interest rates and low inventory have combined to create a supply and demand combo that has created a house-buying fever. Of course, we don't know how long this run-up will occur (remember the housing bubble, anyone?), but for … [Read more...]
How Does Seller Financing Work
You may have heard the term "Seller Financing" or "Owner Financing" being thrown around in real estate conversations. But do you know what it means? It can be a great tool for putting more money in your pocket from selling your house, but how does seller financing work? Seller financing is actually a broadly defined term that is used in a number of different types of real estate transactions. … [Read more...]
Due Diligence When Buying a House in Hawaii
There are few things more exciting than buying a house - especially in beautiful Hawaii. If it's your first home, then there's that extra dose of anticipation of creating your own home as you visualize it. If it's a second home or an investment property, well, that's exciting as well but more from a financial perspective. No matter your reason for buying a house in Hawaii, there are definitely … [Read more...]
Oahu Real Estate Market Update – February 2014
The Oahu real estate market is the most closely watched market in Hawaii and one of the top markets in the country. After all, with roughly 90% of the state's population living here, shows like Hawaii Life getting significant TV airplay and the glitz factor that's been embedded into the Hawaii brand over the decades, it's no surprise. I was recently interviewed for a potential house flipping TV … [Read more...]
Intangibles When Selling Your House in Hawaii
Aloha, friends. I just got back home from visiting a few potential homes for purchase here on Oahu and wanted to share some quick thoughts. When analyzing a home to buy (or if you're selling your house), there are some obvious and not-so-obvious factors to consider when trying to figure out its true market value. The normal way to figure out how much your home is worth is by "running comps". … [Read more...]
Winter in Hawaii
Winter in Hawaii - some people love it, some don't. My wife and I prefer the cooler temperatures in Honolulu this time of year (60s at night to mid 70s during most days). It's not the "snowpocalypse" of the mainland, but no doubt Hawaii cools off in the wintertime. But it also brings some extra concerns for keeping your Hawaii home safe for your family. For one, there's been an extraordinary … [Read more...]
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