When a renting a property through HappyDoors Property Management, we use the income from monthly rent to pay expenses that you may incur. In some cases, we may ask the owner to provide us with money to pay for expenses if the monthly rent amount is not enough to pay for all the charges or the property is vacant. This does not happen very often and normally only comes up during larger repairs such as installing new flooring.
A benefit with using our management services is that we have established great working relationships with some of the best vendors available in Honolulu and the island of Oahu. Some of our vendors are able to setup payment plans usually over a two to three month period so that you do not have to pay for a large repair all at once. This usually only applies to occupied properties since there is a signed lease in effect.
Another way to pay for larger repairs is using a credit card. A few of our preferred vendors accept credit cards. For those who are not, you can use a credit card to fund your account with HappyDoors. This is a great tool for our property owners as you not only can stretch out payments for larger repairs, but you can also take advantage of credit card rewards that you may be signed up for. Please do note that there is a credit card processing fee.
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