What Should You Expect From a Professional Long-Term Residential Property Management Company
When it comes to renting your property, it's best to have an experienced property manager partner to assist in every aspect from tenant screening to maintenance to accounting services.
Residential property management is a job requiring a unique set of skills. Here on the Big Island and Maui, finding a long-term management company with experts who know the real estate market, the local area and are skilled at working with tenants, is imperative.
Below are some things you should expect/receive from your property management company.
- Clear and open communication with you the owner, and with tenants.
- Experience and knowledge of single-family homes or condos in the area where your property is located. Your rental manager should be able to provide you with rental comps and share information about the location.
- Successful rental management companies are members in NARPM (National Association of Residential Property Managers). This national association provides its member with education opportunities from Industry experts, current laws and standard practices.
- Expert long-term rental market assessment.
- Advertising and marketing for the best exposure and quickest re-rental.
- Advertise rentals on multiple websites.
- Rigorous pre-qualifying tenant selection including Credit & criminal screening, prior landlord references, income and employment verification.
- Rule enforcement
- Lease enforcements
- Regular and routine property inspections.
- Association interfacing
- Access to the best possible vendors, contractors and maintenance companies to coordinate repairs
- 24-hour emergency service
- Experienced accountants
- Aggressive rent collection via online portals for on-time receipt of rental income.
- Keeping operating costs under control.
- Computerized billing and accounting
- ACH Deposits of net proceeds
- Bill payment services
- Monthly financial statements
Share this post
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.
