Reported by the Hawaii Business News and reflected in our management experience over the past year, Honolulu has seen a significant decline in median pricing for 2 bedroom units. Rents for leased Honolulu residential apartments dropped 8.3% from last year to $2,200 per month, as reported by HBN.
If you haven't considered going Pet Friendly with your Honolulu Investment Property, perhaps now is a good time to start a conversation with HI Pro Realty LLC about how you can experience the benefits of offering your residential rental units to pet owners.
As a Pet Friendly landlord in Honolulu, you can charge additional rents for pets, as well as collect additional deposits to cover any incidental damages. With a softening rental market, padding your rental revenue with pet tenants can put you in a better position to achieve a greater return on your investment(provided your properties H.O.A. or A.O.A.O. are pet friendly).
In an unpredictable market, having the additional revenue created from being a Pet Friendly landlord can be substantial. With that said, being an effective Pet Friendly Property Manager is not easy and there is inhearent risk involved. Finding the right Pet Friendly Property Manager in Honolulu can be a challenge if you don't know where to begin.
No worries, look no further, HI Pro Realty LLC is an experienced Pet Friendly Property Manager in Honolulu, Hawaii. As pet owners we love pets and understand the importance and quality of life that comes with a pet companion and strive to provide responsible, comprehensive, and cost effective Pet Friendly property management services.
We have a former dog breeder on our team and we have enjoyed and have successfully leased Pet Friendly properties in Honolulu for a combined total of over 50 Years. More importantly we understand the risks involved, the insurance required, and the experience necessitated to effectively manage Pet Friendly properties.
Don't make the mistake of using just any property manager,
use HI Pro Realty!