Kauai’s renowned reputation as a premium vacation destination draws tourists from around the world. These visitors are attracted to historic sugarcane era towns and dramatic landscapes.
Our computer automated systems for tenant and accounting information improve accuracy in income certifications and recerts. It also provides consistent communication with owners while on-island staff is unavailable or working remotely.
Marketing
Kauai is a premier worldwide vacation destination attracting diverse year-round visitors with unique needs and expectations. A property manager bridges this gap between a rental’s potential and guest experience, maximizing revenue, improving quality and ensuring compliance with state and county regulations.
Using effective marketing kauai rental property management strategies helps attract the ideal owner client. These may include online listings, social media, SEO and content marketing.
Our office is located in Lihue, across from Kauai Community College and behind Gammie HomeCare & Puhi Paint. We provide Kauai real estate and Kauai property management services with old-fashioned local values. Call today! Our team of Kauai real estate and property management professionals are ready to help.
Tenant Selection
A rigorous screening process should include a detailed rental application, credit checks and employment verification. Landlords also need to set clear expectations and rules for tenants. Offering conveniences like online rent payments and responsive property management can help attract and retain tenants.
In addition to a rigorous screening process, landlords must adhere to Hawaii rental laws. This includes the Residential Landlord-Tenant Code and lease agreement terms. If a tenant believes that the landlord has violated these laws, they can take legal action.
Living in a Hawaiian rental requires adjusting to unique cultural dynamics and smaller living spaces. Tenants should familiarize themselves with these cultural norms to ensure a smooth transition into their new home. They should also be aware of the specific terms of their lease agreement, which may differ based on location and length of stay.
Rent Collection
Hawaii has a lot to offer visitors, but its diverse activities and views also provide profitable potential for owners of vacation rental homes. These properties need to be managed efficiently to ensure that the renters are treated well and that the home is kept in good condition.
To ensure this, property managers must follow the state’s landlord-tenant laws. These include provisions regarding the payment of rent, the use of security deposits, and the eviction process.
These laws are often complex and difficult to understand, but it is important that both landlords and tenants be aware of them. By following these laws, it is easier to ensure that both parties are satisfied with the terms of the lease agreement. This can avoid future disputes. It can also help prevent unforeseen expenses and lease violations from occurring.
Maintenance
Many property owners who own condominiums on Kauai choose to rent them out as short-term vacation rentals (TVR’s). While TVR’s can provide a steady income for property owners, they also come with a number of obligations, including county requirements to have a management agent on-island and the need to coordinate check-ins/outs, cleanings and repairs.
The role of a Kauai property manager goes well beyond real estate oversight and into creating a complete and seamless experience for property owners and their guests. From managing bookings and handling guest communications to overseeing maintenance and state/county compliance, a Kauai property manager is a full-time resource. A property management company can manage multiple properties for a single owner, or they can work on a retainer basis. Either way, a property management company can help you develop and implement effective maintenance strategies.
Accounting
To optimize financial performance, a strong accounting system is vital. This entails recording income and expenses in line with GAAP standards, which is the official set of guidelines and standardizations for measuring, recording and reporting financial data. It also includes implementing accrual accounting, which recognizes revenue when it’s earned and expenses when they’re incurred—a practice that many property management companies use.
Cadmus Properties has over 50 communities under management and specializes in resort-style condominiums. The firm’s commitment to its clients has led it to maintain an A+ rating with the BBB. It’s also an Accredited Association Management Company by CAI. Cadmus provides a variety of services for its clients, from annual meetings to assessment collections. It aims to bring “aloha” to every client and community it serves.