Helpful Articles & Resources
With over 20 years of experience, we've compiled our favorite tips, articles and resources into one place to help landlords make the most informed decisions with regards to their investment properties.
Learn why a clear rental selection policy safeguards your Hawaii investment. From fair housing compliance to credit checks and landlord references.
Get your Hawaii home rent ready with our step-by-step checklist. From deep cleaning to safety compliance—ensure a faster lease with expert property management.
Explore the benefits of professional property management in Hawaii over self-management. Understand legal compliance, ethical standards, and risk mitigation strategies.
Learn why Hawaii renters insurance is essential. From renters insurance coverage to tenant liability
Ensure your Hawaii rental property is lease-ready with comprehensive annual inspections and proactive maintenance services by CBPM.
Protecting Your Investment, Reducing Repairs, and Keeping Tenants Happy Owning a vacation rental or long-term rental property in Hawaii is more than just a great investment—it’s a responsibility. With the island’s unique climate, humidity, and coastal conditions, properties require proactive maintenance to stay in top shape. Preventive maintenance isn’t just about fixing problems when they happen—it’s about stopping them before they start. At Coldwell Banker Property Management (CBPM), we help property owners avoid costly repairs, reduce emergency breakdowns, and extend the life of their homes and appliances. Our preventive maintenance program ensures your property stays safe, energy-efficient, and tenant-ready, whether it’s a vacation rental or a long-term lease. Let’s explore why regular maintenance is crucial and how CBPM can help you protect your investment effortlessly. What is Preventive Maintenance and Why Does It Matter? Preventive maintenance is the practice of scheduling routine inspections, cleanings, and minor repairs before issues become expensive disasters. A small leak today could turn into a flooded home tomorrow. A dirty AC filter might not seem like a big deal—until your cooling system breaks down in the middle of a hot Hawaiian summer, leaving tenants frustrated. Here’s why preventive maintenance should be a top priority for Hawaii property owners : 1. Extends the Life of Appliances & Systems
Meet Lori Dunaway
A checklist to prepare your home for the Hawaii rental market.
Reliable and professional long-term rental property management is an important aspect of owning and maintaining rental properties. It is of utmost importance that your property is well-maintained, income and occupancy are maximized, that your tenants are well screened, and that landlord / tenant rules and regulations are strictly adhered to.
A long-term rental property can be a very lucrative investment. It’s a good way to make passive income but being a landlord can sometimes seem like a full-time job. There are several factors to consider at all times to ensure you have your tenants’ best interests at heart. Responsibilities such as maintenance and repairs can be costly, so you also need to maximize return on investment and keep an eye on your finances. For this reason, many landlords work with local property management companies in Kona, Waikoloa, Waimea and Honokaa who provide assistance in a number of areas. If you’re managing your own rental property, here are a few quick tips. Understand Local Laws It’s essential to have a good understanding of Hawaii state laws to ensure you are protected at all times. Each state has different property laws. These may, therefore, vary relating to rental agreements, property maintenance, land ownership, building regulations, and so on. It’s a good idea to get clued up on these laws before embarking on a new business venture. Monitor Your Finances If you’re renting a property, there will be plenty of expenses that will need to be balanced against your rent profits. It’s important to learn how to effectively manage your cash flow for this reason. You could consider hiring an accountant to help you monitor your finances. If you decide to DIY your own finances, you need to make a realistic budget and stick to it. It’s advisable to create a specific account for emergency funds to spend on the property. Prepare for Re-leasing in Advance Often turnover is not as quick as you might hope so it’s a good idea to prepare for the end-of-lease and re-leasing in advance. This will ensure a more constant cash flow coming in from your rental property. If your tenants’ contract is ending, start the re-leasing well in advance to give yourself time to find someone else. You should also be prepared to evict tenants. In the case that you encounter problems with your tenants, you need an eviction plan in place in accordance with the local legislation and your insurance policy. Remember you must reside on the Big Island of Hawaii to manage your own property. You may use an on-island associate to manage on your behalf, but our best advice is to hire a professional rental company familiar with the island, local laws and codes. As you can see, managing a rental property is not without its challenges. This is why many landlords outsource these services to professional residential property management companies. You can rest assured your property will be in the hands of the experts.
