Who pays for the advertising?
Because of our superior technology, advertising is offered at no extra no cost to owners. We advertise properties through our website, the military housing referral, Craigslist and over 50 other rental websites.
What fees do I have to pay other than the management fee?
The state of Hawaii deems income derived from the rental of property as taxable income. The owner must pay 4.5% General Excise Tax (GET) on the gross monthly rent. Honolulu Property Management, LLC can handle your semi-annual tax reporting and payments at a nominal fee.
What insurance coverage do I need on my condo unit?
Although the condo association may carry insurance coverage for the building, it is necessary for condo owners to have liability (renters) insurance. Liability insurance is also required for single-family and vacation homes.
What is your management fee?
We charge 20 percent of the monthly rental rate the first month we place a tenant and 10 percent every month thereafter, plus tax.
Please feel free to contact us with any additional questions. We’re always here to help.