Rental Property Management
Our goal is to maximize owners' income
When
you place your rental property in our hands, you can rest assure
HRI will take good care of your investment. We put ourselves in
your shoes and therefore, treat your investment as our own. We
have established relationships with various law and accounting
firms
to assist you with any legal or accounting matters.
What makes HRI better than other property management companies?
We conduct a very thorough background check on all of our prospective
tenants. We utilize trusted vendors that provide quality work at
very reasonable prices. We inspect our rental units on a regular
basis to make sure they are kept up to par. We promptly inform
our clients with any new developments concerning their investments.
This all equates to savings that are passed on to our clients.
Our hands on managers are highly professional, personal and knowledgeable
and will personally handle your property. We are licensed Realtor
and Realtor Associates, and are members of the National Association
of Realtors, the Hawaii Association of Realtors, and the Honolulu
Board of Realtors.
Here is an overview of our rental process:
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We begin by utilizing the local newspaper to place an ad for the
rental unit. We also place ads or notices in various locations
such as: schools, businesses and building bulletin boards.
The Tenant
Once we’ve located a prospective tenant we verify all information
from the rental application. This includes checking credit history,
rental history and employment status.
Move In
We conduct a through inspection of the unit with a digital video
camera. Any repairs or improvements are noted on the inspection
sheet. The tenant receives a copy of
the inspection report. At check-out, an inspection is conducted
and compared with the check-in inspection report.
Accounting
Rent is collected from the tenant and deposited into the Client’s
Trust Account. Rental income, if you choose, may be used to make
payments for: your maintenance fees, repairs, utilities, real property
tax, general excise tax and other expenditures. After all expenses
have been paid, funds left over will be disbursed to the owner.
The owner’s funds can be deposited directly into a local
banking facility or a check can be mailed to a preferred address.
A cash flow statement will be included with the owner’s disbursement
check giving the owner a detailed breakdown of all rental income
and expenditures.
Trouble Calls and Repairs
All trouble and repair calls are handled in a timely fashion. Vendors
are contacted and dispatched to the property. Upon completion,
invoices are provided by the vendor which are included with your
monthly income statement.
Move Out
Any repairs/damages/cleaning noted at the tenant’s check-out
inspection that were not included in the check-in inspection report
will be deducted from the tenant’s security deposit.
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