Property Management Blog

Sunday, October 8, 2017

New Bill - Act 179 Effective November 1, 2017 Effective November 1, 2017, all new rental agreements or renewals will have to be sure to have late fees of no more than 8%. In the past, many companies may have used 10% or even a flat amount as a late fee. So if you are managing your own unit, or if you are a professional and have not ...

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Sunday, October 1, 2017

Home Warranty Companies

Home Warranty Companies: Some of our clients ask us what we recommend when it comes to home warranty companies such as American Home Shield. In my opinion, they're not worth it. They not only charge you a premium each year, but they also charge you per visit - whether or not they repair it, how much the repair would cost. and often ...

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Sunday, September 24, 2017

Insurance

Both as a home owner, and as a tenant, you will want to make sure you are properly insured. As we see with the recent hurricanes sweeping our nation, you never know when you will need that insurance to kick in. Home Owners: Some home owners think they are covered by their association/building's general overall policy. This is not al...

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Sunday, September 17, 2017

The Current Market

For over a year now, many rental properties on Oahu have had to lower rental prices in order to get renters. Our market is directly affected by the military presence here - more soldiers and their families have been moved off island than have come in. In addition, new batches of housing have become available on base for those families t...

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Thursday, November 3, 2016

The Top 14 Things Landlords Wish Tenants Knew

Taken from: http://time.com/money/3697636/landlord-tenant-renters-tips-advice/ In this business, it's a lot about people management more so than property management - communication is key, and knowledge is golden. An article from Money Magazine put it so well... 14 things Landlords wish their Tenants knew. Let's take a look at ...

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Sunday, October 30, 2016

Fall Season has Arrived!

HAPPY FALL! We are now in the fall season which means we are still in the midst of hurricane season, the weather cools down, and those rain clouds can be seen more often. Hurricane Preparedness: http://www.hawaiinewsnow.com/story/12590216/stock-up-checklist-for-your-hurricane-survival-kit But besides the weather, you can have ...

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Wednesday, October 7, 2015

Fifteen successful years with Sandy Jessmon

This week, we celebrated the 15th anniversary of Sandy Jessmon's employment here at Cornerstone. Sandy is Carl's personal assistant and has been a vital contributor to Cornerstone Properties' success. Congratulations and thank you for all of your hard work and dedication! https://www.facebook.com/CornerstonePropertiesLLC/photos/a.3328...

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Tuesday, August 4, 2015

Happy Birthday Chuck!

We would like to wish a very happy birthday to one of our favorite handymen, Chuck from Foundation Maintenance Service! Chuck is an awesome individual who is always willing to take on the various tasks we need to have done to our properties throughout the island. From fixing garage doors, to painting, to replacing screens and repai...

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Wednesday, July 15, 2015

Act 225 passed into law!

Last week on the 9th, new legislature known as Act 225 was signed into law by Governor David Ige. Act 225 pertains to property owners and seller financing, both introducing some new laws and restoring some old ones which were removed by past amendments. In this picture taken at the bill signing ceremony can you spot our very own Amand...

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Sunday, June 28, 2015

Carl meets Yancy Medeiros

This weekend, only a few weeks following Cornerstone Properties' first official sponsorship of local MMA athlete Yancy "The Kid" Medeiros, Carl received an opportunity to meet him face to face! We're proud of the different ways in which Carl and "The Kid" represent Hawaii. Keep up the good work gentlemen! Posted By: Andrew Frazier...

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