There's been a recent interest in "hoarding", the name given for amassing enough possessions in one's home to the extent that it becomes a challenge just to walk from the kitchen to the front door. A&E has a TV show now called, appropriately, "Hoarders". Just a couple days ago I read an article in which "hoarding disorder" was actually recognized as a separate diagnosis of psychological … [Read more...]
A Cold and Deadly Winter?
I sit here writing this post in Pottstown, Pennsylvania, about an hour west of Philadelphia. I'm from here originally and I'm visiting my parents for the Thanksgiving holiday. The air is brisk, typical for this time of year, and while most of the fall colors are gone from the trees, there are still a few holding on to their reds and yellows while the brown of already-fallen leaves gently blanket … [Read more...]
Should You Sell Your House Yourself? FSBO?
Is a 'For Sale By Owner' the Right Approach? Today's housing market is very tricky, including right here in Hawaii. There are lots of mixed signals out there. Is it going up with a shrinking inventory? Or is it going to stay flat or even go back down? It's hard say. Undoubtedly the winner of the 2012 Presidential Election will have some influence on that answer. However, no matter what the … [Read more...]
The Role of a Great Realtor
Even though as Hawaii real estate investors our company can buy your house directly, there is still PLENTY of room for working with quality real estate agents and brokers. In fact, savvy real estate investors know that having ROCKSTAR AGENTS on your power team can put you leaps and bounds above the competition while also helping to keep you from making some big mistakes. For homeowners, … [Read more...]
TOP 4 REASONS WHY HOUSE LISTINGS EXPIRE
Did you try to sell your house in Hawaii the traditional way on the MLS without any success? Did your listing agreement actually expire? Everyday -- and I literally mean everyday -- there are homes for sale on the Hawaii MLS that reach their expiration. Most have been listed for a full year -- 365 whole days! -- without resulting in a sale. While this is no doubt disappointing (and to your … [Read more...]
Working With Real Estate Agents and Brokers
There's a misguided idea out there that investors and realtors/brokers can't work together, that they're at the opposing ends of some kind of real estate spectrum. One has to profit at the expense of the other. It couldn't be further from the truth. It takes a lot of muscle to make a real estate market move, whether it's here in Hawaii or anywhere else. Investors, realtors, brokers, escrow … [Read more...]
Asset Liquidation of Real Property
Asset Liquidation. The phrase sounds like the end of a store, like a "Going Out of Business" sale at the local hardware store where you can buy not just some toilets and tool sets on sale but the cash registers as well. The truth is, asset liquidation happens on the home front as well. Everyday in Hawaii and elsewhere there are people who find themselves in a jam and need to either walk away … [Read more...]
“I Sold My House!”
The four greatest words you sometimes hear in this business are "I sold my house." For many people affected by the crash and doldrums of the Hawaii housing market (and nationally as well, of course), selling your house isn't nearly as easy or painless as it used to be. Let's look at some of the most obvious reasons why: 1. Loss of Home Equity. Probably the most common reason today for not being … [Read more...]
Our Business Model Helps Sellers
In the past 10 days I've completed a couple real estate deals here on Oahu that have reinforced why I started Big Rock Investments. Was it for the money? Sure, I'd be pulling a fast one if I said otherwise - I have bills like all of us. But it's also because, like many successful businesses, we provide a service to the community. How so? Let me walk you through these two recent Hawaii real estate … [Read more...]
Helping Troubled Homeowners
Aloha, friends. I want to tell you about two homeowners that I've helped this month alone, explaining exactly how Big Rock Investments HELPS HOMEOWNERS FIND SOLUTIONS (some details have been changed for privacy issues). Homeowner #1. Let's call him Peter. Peter lives in a 3 bedroom, 2.5 bathroom in Pearl City and runs his own business. But Peter also owns a home in Kapolei which he currently … [Read more...]