K&o Property Management
K&o Property Management – Between screening new tenants, handling maintenance requests, collecting rent and handling tenant conflicts, you’ll have a lot on your plate taking the self-management route.
There are many everyday tools that real estate investors and owners can use to effectively manage their properties, hassle-free.
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Below is our Essential Property Management Checklist, which outlines some management resources you can use at each step of the management process.
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Before you can start “managing” your property, you’ll need to find a tenant (or tenants) to live in it.
Now, depending on whether you are looking for long-term tenants or short-term tenants, there are different marketing tools that you can use to find tenants. You may not be a marketing professional, but these tools will help you fine-tune your lists and reach a wider audience.
Keep in mind that for some of these tools, you will have to pay to play. However, you may find that it is worth paying a few dollars a month to find a tenant who will pay you hundreds to thousands of dollars a month.
Say you’ve found a potential tenant (or a few), and it’s time to vet them to make sure they’re a good fit. Now the question is, how do you do a tenant screening?
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The essential components of screening tenants include verifying rental history, verifying employment, conducting a background check and conducting a credit check. What emerges during this screening will inform you whether the person may be a responsible, safe and reliable tenant or not.
Yes, but you don’t have to. It is up to you whether you call the applicant’s employer or not. However, it is recommended that you confirm employment and/or ability to pay rent.
Once you’ve screened a tenant, signed the lease and confirmed a move-in, you’ll need to make sure the property or unit is move-in ready. To make it easier, we’ve outlined this Move-In Checklist.
It’s a list of things you should check to make sure you don’t miss any important details before a new tenant moves in.
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Collecting rent from tenants should not be a frustrating task. Wouldn’t it be great if you could send reminders every month and get paid on time, right into your bank account?
With rent collection tools, you can. Use the property management tools below to set automatic reminders, collect rent and deposit the funds directly into your account, without you having to lift a finger.
It is always best to prevent damages before they happen. That’s where a preventive maintenance checklist comes into play.
What is a preventive maintenance checklist? It’s a step-by-step list of what to do to prevent damage and ensure your rental is in tip-top shape. You can also run through the checklist regularly just to make sure everything is up to snuff.
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Just like the move-in process, you will need to do a move-in walkthrough when a tenant moves out. This is done so that you can identify any damages immediately. If damages were caused by the tenant, they can be taken from their security/cleaning deposit.
As a landlord, you are essentially running your own business by renting out your property to tenants. That’s why it’s important that you check your accounting and taxes.
Although there are many DIY options, we believe it is best that you hire an accountant to help you understand your books. They’ll be able to draw up a rental-to-own income worksheet so you can make sure your expenses stay well below your income.
It is best that your rental property is always cash flow positive so that you have money available for repairs and ensure that you are always making a profit.
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In terms of taxes, if you earn income from a rental unit, some of your expenses may be deductible. These can include your property tax, your mortgage interest, repairs and other expenses.
If you’re going the self-management route, having some property management tools at your side is your best bet. Software – especially online tools – make it easy to list your property, screen tenants, collect rent and more.
As an owner, you want to make sure your property was a good investment. This means that you need to determine if your income in your rental properties exceeds the costs.
Fortunately, there are rental calculators available to help you calculate the value of your rental home and how it may depreciate over time. Located along prime beachfront property in the luxury resort area of Ko Olina, the Kai Lani neighborhood is a great place to own. investment property. Zoned for vacation rental and offering the exclusive amenities that come with staying on the famed Ko Olina estate, Kai Lani offers a strong appeal for those looking to enjoy a luxury vacation in Hawaii. If you are a Kai Lani owner looking to maximize your income and reduce the burden of property management, consider partnering with our Kai Lani Ko Olina management team!
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As an owner, if you’ve found yourself wondering if you’re reaching the income potential of your property or have found yourself exhausted by the seemingly endless tasks required for property maintenance, consider partnering with our professional team. As experts in the field with years of experience specifically in West Oahu, we have the knowledge and drive to help you fulfill your vision for your investment property. Our Kai Lani rental management team uses strategies such as distribution to major channels, marketing and search engine optimization to ensure that each rental property is able to secure maximum bookings. We leave nothing to chance, carefully making every decision using research-based best practices and current trends, with our staff constantly staying up-to-date in the field.
As a gated community, the estates at Kai Lani offer an exclusive feel. We are committed to maintaining the high value of your property by ensuring that it always receives attentive care. Proactive measures such as guest and tenant screening for tenant age and maximum occupancy are carefully put in place to mitigate exposure to property risk and damage. When maintenance concerns arise, they are quickly addressed by our professional team. At Ola Properties, we partner only with the best maintenance vendors to ensure that every property is maintained with care and precision. Our excellent customer retention speaks for itself, with guests returning year after year to enjoy the high quality vacations that the properties under our management provide. Both the exterior and interior of the properties under our care are meticulously maintained, with housekeeping services coming from hand-picked staff who are careful to follow industry standards and CDC guidelines.
Homeowners can proceed with confidence that they are always in the loop when they partner with our Kai Lani Ko Olina property management team. At Ola Properties, we hold clear communication in the highest regard, ensuring that there are never any unwanted surprises or hidden agendas. Owners can access their property’s current information and booking calendar from an app that keeps everything updated in real time. Whether you want to check the progress of a work order or block upcoming dates so you can enjoy the investment property for yourself, everything is accessible with just a few clicks.
At Ola Properties, our employees live and work in the communities in which we manage. With our feet on the ground and both a personal and professional investment in the community, we too want to see your property reach its fullest potential. When you partner with our Kai Lani management team, your property automatically gains the high reputation that comes under our brand. With our strong presence in the local community as well as with returning guests, your property will benefit from our strong customer base and excellent reputation.
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Say goodbye to the long list of tasks, projects and headaches that come with self-managing a rental property when you choose to partner with our Kai Lani management team. Our team is happy to provide an estimate for the potential income your property can expect to earn in the beautiful Kai Lani neighborhood. Embrace the newfound freedom and increased income of having your property under our care and take the next step by contacting us today!
If you have not yet purchased an investment property in the Kai Lani area of Ko Olina but are considering it, our team are happy to discuss the possibilities ownership will bring. With its prime beachfront location and on-site amenities such as a pool, hot tub, grill, entertainment area and tennis courts, Kai Lani rentals offer an upscale vacation experience for guests. These well-built townhomes range from 2- to 3-bedroom floor plans, with a spacious open concept great room. A seamless extension to the outdoor lanai maximizes the indoor-outdoor living possibilities. In addition to the amenities that are specific to the Kai Lani gated community, guests also enjoy access to the Ko Olina Lagoons, golf course, marina, shops and restaurants, all located on the immaculate resort.
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