Marie Hansen Properties

Introduction  Hawaii's rental market is as unique as its breathtaking landscapes. Property managers navigating this market must be well-versed in the state's rental laws to ensure smooth operations and compliance. Understanding these laws not only helps protect property owners' investments but also ensures fair treatment of tenants, fostering positive relationships. Key aspects of Hawaii's rental laws from a property manager's perspective 1. Rental Agreements Hawaii law allows for both written and oral rental agreements. However, for leases longer than one year, a written agreement is mandatory. Written agreements are advisable as they provide clear documentation of the terms and conditions, reducing potential disputes. A typical rental agreement should include: Names and addresses of both landlord and tenant Description of the rental property Terms of the tenancy (monthly or fixed-term lease) Rent amount and due dates Security deposit details Maintenance responsibi...

Introduction  They handle tenant acquisition, ensuring vacancies are minimized through effective marketing and rigorous screening processes. Moreover, they streamline rent collection, enforce lease agreements, and manage financial records meticulously. Maintenance issues are promptly addressed, preserving property value and tenant satisfaction. Compliance with legal regulations is ensured, protecting owners from potential liabilities. Ultimately, hiring a property management company not only optimizes operational efficiency but also allows property owners to focus on other ventures or enjoy passive income without the day-to-day management challenges. Advantages of entrusting your rental property management to professionals. Expertise and Experience Property management companies bring a wealth of expertise and experience to the table. They are well-versed in local rental market trends, pricing strategies, and legal regulations governing landlord-tenant relationships. This knowledge ...

Introduction Property management is a vital aspect of real estate investment, especially in a bustling city like Honolulu. Whether you're a first-time investor or a seasoned landlord, selecting the right property manager can significantly impact the success of your investment. In this guide, we'll provide valuable tips and insights to help you find your ideal property manager in Honolulu, ensuring efficient management and maximizing returns on your investment. Define Your Needs and Expectations: Before embarking on your search for a property manager, take the time to define your needs and expectations. Consider factors such as the size and type of your property, your budget, and the level of involvement you desire in the management process. Clarifying your requirements will help you narrow down your options and find a property manager who can meet your specific needs. Research Potential Property Managers: Start by compiling a list of potential property managers in Honolulu. You...

Introduction  Property management can be a crucial service for landlords who want to ensure their rental properties are well-maintained and profitable. However, understanding property management fees is essential to determine if the cost is justified. This article will explore the various fees associated with property management in Honolulu and provide insights into what you should expect when hiring a property management company. Understanding Property Management Fees Property management fees can vary significantly based on the services provided, the property type, and the company's policies. Generally, these fees can be categorized into several main types: Management Fee Leasing Fee Maintenance and Repair Fees Vacancy Fee Lease Renewal Fee Miscellaneous Fees Management Fee The management fee is the primary charge for the ongoing management of your property. This fee typically ranges from 8% to 12% of the monthly rent. The percentage may vary based on factors such as the size and ...