Hawaii Rental Property Management
A Hawaii rental property management company will oversee the upkeep of the rental unit landscaping and common areas. The manager will protect the owner’s investment by adhering to landlord-tenant laws. For most homeowners, the price of hiring a property manager is around 10 percent of the gross rental fees. However, if the landlord has vacancies, the fee can be as high as 20 percent of the first month’s rent. There may be additional fees for large renovation projects, marketing, and accounting services.
While Hawaii property management is regulated by state law, there are specific guidelines a Hawaii property manager must meet. A licensed broker must have a real estate license to practice in the state. The licensing requirements for property managers are outlined in the Hawaii Rental Property Management Code. Licensed property managers in Hawaii must have this license, and it is recommended that you check with your state’s Department of Commerce and Consumer Affairs to verify their license.