
Just as a professional physical management program is necessary for the success of an
investment property, an efficient program to meet the fiscal and administrative
needs of the property is also important.
We are able to offer an efficient fiscal and administrative program that is necessary to
complement our professional physical management program. In addition to those
administrative services mentioned elsewhere which include control of invoices, execution of marketing
programs, collection procedures, and purchase order systems - we also offer the following:
Concerning Tenants
- Collection and retention of up-to-date records including leases,
applications, check-in reports and any correspondence concerning tenants.
- Provision of a system of reminders, concerning lease expirations
and rent review dates, necessary for the timely rent renegotiations to keep up with
the ever-changing rental market.
- Collection, safe-keeping and processing of returns of tenants' security deposits.
Concerning the Property
- Control and payment of invoices necessary for the physical management
of the property such as repairs, maintenance contracts, and utilities.
- Retention of up-to-date records of invoices paid, inspection reports,
guarantees and warranties.
For the Owner
- Supply monthly income and expense reports.
- Apply for and file general excise tax returns.
(Under Hawaii State law, a general excise tax, equal to
4% of the gross monthly rental collected must be paid to the State of Hawaii).
We will file and pay (from your account) the $20, one-time state license fee and
file the returns and pay the tax on your behalf.
- Monthly, we will disburse rental income to the owner
or his agent, or deposit it in a designated checking or savings account.
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