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Today, I want to talk about some of the things involved in building your own home. There are many people involved in the process and there are many factors that can make it difficult.
The first thing to decide is where you want to live. There are a lot of things that go into it. Deciding on a lot is key, and the best way to do that is to go online. Often times, you'll find a property that is in bad shape that you can tear down and rebuild on the lot.
Another huge decision you need to make is how much you can afford to spend on the lot. When you buy a run-down property to knock down and build a beautiful home in its place, you have to ensure you have the funds to make it happen before you begin the process. A good rule to keep in mind is that the purchase price of the lot should be 1/5 to 1/4 of the amount that you're going to spend on the house. So, if you buy a $1 million lot, you want to put a $5 million house on it. Establish your budget accordingly!
If you have any questions about building a new home in Oahu, don't hesitate to reach out to me. I've helped many people build the home of their dreams and would love to do the same for you!
