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YVONNE JARAMILLO AHEARN (B) - Oahu Real Estate

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Welome to Home Shoppe Hawaii’s Blog on Oahu Real Estate. Besides featuring great Oahu Homes for Sale, Kailua Real Estate and homes in Honolulu, Kaneohe, Hawaii Kai and the North Shore, and Oahu Luxury Homes, Home Shoppe Hawaii’s Blog reflects our passion for Hawaii Architecture and Hawaii Interior Design.

We are fortunate here, on Oahu, to have many beautifully designed and Historically Significant Homes, for sale and otherwise. We hope to show you some of these fine Oahu homes, spotlight Hawaii Architects and Interior Designers, from time-to-time, and keep you abreast of what is happening in Oahu real estate, Kailua Real Estate, Honolulu Real Estate, Kaneohe Real Estate and Hawaii Kai Real Estate, and North Shore Real Estate, as well as showcasing the Hawaii Lifestyle and some of the fun Activities, Places and Events on Oahu.

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Entries in market rent (3)

Tuesday

Feb262013

Oahu Property Management | Setting Monthly Rent for Oahu Rental Properties Part 4

Tue, February 26, 2013 by

Home Shoppe Hawaii LLC Property Management

How to Set the Monthly Rent for your Oahu Rental Property
Part 4 – MARKET VARIABLES AND TESTING THE RENT

In our previous posts we discussed the property, researching Oahu rental properties and setting the rent range … and in this post we will focus on what variables we should consider, and importantly learning how we determine if we set the rent right.

After determining what my Oahu rental property has to offer, researching what other properties on the market are offering and asking, and setting the rent range, I take a look at market variables. Market variables include

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All information on this site is believed to be reliable but is expressly not guaranteed. Blog Posts by various authors are the opinions of the author only and do not necessarily reflect the position of Home Shoppe Hawaii or other contributors. This blog does not give legal or tax advice and readers are encouraged to check with licensed professionals for advice on any specific topic and to verify any information herein. Questions? Please contact Yvonne Jaramillo Ahearn at 808-721-8088.

Oahu Property Management

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Monday

Feb252013

Oahu Property Management | Setting Monthly Rent for Oahu Rental Properties Part 3

Mon, February 25, 2013 by

Home Shoppe Hawaii LLC Property Management

How to Set the Monthly Rent for your Oahu Rental Property
Part 3 – RESEARCH RENTALS AND SETTING THE RENTAL RANGE

In our previous post, we chatted a bit about what criteria to use when viewing your Oahu rental property and other Oahu rental properties. You should have a pretty good list of the attributes your property offers, and also a list of advantages, or a small list of shortcomings. We need to find out for how much other Oahu rental properties in your area have rented, and for how much available properties are being offered.

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Oahu Property Management

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Wednesday

Jan302013

Oahu Property Management | Setting Monthly Rent for Oahu Rental Properties PART 1

Wed, January 30, 2013 by

Home Shoppe Hawaii LLC Property Management

How can I determine how much to charge for monthly rent on my Oahu rental property?

What is the fair market rent for my Oahu rental property?

I am collecting $X per month in rent … is this fair rent for my Oahu rental property?

I get asked these questions all the time. I often wonder if there is a secret formula out there that I am not aware of and so every so often, I Google® it. The truth is, every property manager and owner manager sets the rent for their rental properties differently. Some use comps, others add market conditions, and first-time Oahu investment owners often take into consideration their monthly mortgage/tax/insurance payment. Add to this, the fact that in Hawaii, we don’t have good rental statistics from which to compare monthly rents (that is, statistics on Oahu investment properties that are rented rather than on offer for rent). In fact, the only way Oahu property managers can determine what rental properties are actually rented for is to use their currently rented inventory as a gauge and to search our MLS for “rented” properties.

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Oahu Property Management

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ABOUT THE AUTHOR:

Yvonne Jaramillo Ahearn RB-20262 is an experienced and award-winning Broker with Hawaii Life Real Estate Brokers. Yvonne resides in Kailua and sells Oahu real estate all over the island, particularly in the Honolulu, Kailua, Kaneohe, and Ewa Beach areas. Yvonne’s background includes almost 8 years running her own boutique brokerage, and more than 28 years as a licensed attorney, for many years working in the Internet industry in San Francisco. Her clients benefit from her excellent knowledge of Oahu real estate and neighborhoods, negotiation skills, attention to detail, and expertise in Internet marketing and technology. She’s lived on Oahu since 2004, with her husband and delightful young son.