Thinking of investing in Hawaii real estate and looking for a great property manager to handle your rentals while you’re out of state (or country)? Whether you’re investing in Hawaii real estate from across the nation or across the globe, it’s important to choose a property management company who can completely handle every step of the rental process, from showings and screenings to rent collections and maintenance.
Here’s your guide to choosing the right Hawaii property manager for long-distance investments.
You can’t always trust Google searches or fancy websites. Find out from real people which local companies are good… and which aren’t. If you worked with a Realtor to buy your property, they likely have some recommendations (and may offer their own property management services).
You may also want to check Hawaii’s Real Estate Commission to confirm the company’s proper licensing, as well as the Better Business Bureau, to ensure there aren’t any complaints against them.
Determine How the Company Find Renters
A good property management company will have a solid marketing and advertising plan in place for finding renters. You may also want to ensure they marketing to the right audience for your property—i.e. long term vs. short-term renters.
Ask About Screening, Rent Payment & Other Financials
You don’t want just any renter to move into your property. You want to make sure they’re going to pay, pay on time, and take take of your home… so you need a property manager who’s going to check things like rental history and credit score.
It’s also a good idea to find out how the company accepts rental payments… and how the payments will be transferred to you.
Make Sure Maintenance is Included
If the sink starts to leak or the toilet is running… who’s going to fix it? Most likely, you’re not going to hop on a plane to get it sorted out, so make sure your property manager can handle it! And in the event of major repairs, a good property manager will have connections with local vendors who can take care of larger projects.
You may also want to ask about cleaning services, particularly if you’re doing short-term or vacation rentals. Good property managers will fully “turn” (clean and repair) a house or apartment before letting a new renter move in.
Find a Company Who Thinks Nationally
Plus, due to the number of military and vacation renters in the area, a good Hawaii property manager isn’t just thinking about out-of-town owners… but also renters from out of state.
Find a Company Who Thinks Internationally
Out of the country? That’s fine! Global investments are also pretty big around the Honolulu area, so you property manager should also be accustomed to working with international investors, even if that means adjusting to different time zones, languages, or cultures.
Are Your Looking for a Long-Distance Hawaii Property Manager?
If you’re thinking of investing in real estate in Hawaii and you’re looking for a property manager to handle your rentals while you’re out of town, then it’s time to contact RE/MAX Honolulu. We’re experienced in all things O’ahu, real estate, and property management… vacation rentals, military relocation, luxury investments, and more. Give us a call to learn more today.