Author: Peris Gachago
In Kenya, you should consider a few things when calculating how much rent to charge for your property. Most investors charge rent in accordance with the area code of their property. For instance, rent for an apartment in Karen differs from the one in Thika. In addition, the size of your property determines how much rent you should charge. The Landlord and Tenant Bill in Kenya also has some specifications on how to charge rent in Kenya. In addition, it has both landlord and tenant rights regarding rent payments. This guide explains: The factors to consider when charging rent in…
Real estate is a profitable venture business, but it is often challenging to get into. Everyone wants to grow their real estate business, and many are looking for ways to do so. This article highlights the best strategies for growing your real estate business and achieving success in this rewarding field! 1. Have a Plan You need to know where you want your business to go and have a clear idea of what you need to do in order for your business to grow successfully. Establish the level of growth you really want. Examine your budgets carefully and make a resource list. Add or subtract…
Tenants are the sole contributors to your income property success. Without tenants, you can’t even pay the property expenses and the mortgage, leave alone the cash flow. That’s why it’s important to find tenants for your specific properties in different locations in Kenya. Finding tenants in Kenya can be challenging, but there are a few ways to go about it. This post gives you various ways to help you get tenants who act as stepping stones in your income property business. Most landlords who have followed the tips in this guide have succeeded in their property business, why not you?…
If you are thinking of selling your land, you have a lot to learn. Your property is the most important asset that you own and so it must be sold at the right time to maximize its value. You also want to get the best possible price. Both of these require careful planning, and many people make mistakes which delay or reduce the return they get on their land. In this article we’re going give you our best tips on how to sell your land faster and for more money. 1. Set a reasonable price Setting a reasonable price may be your best strategy for…
Do you want to sell a house in Kenya but are worried about how much time it can take? Well, Selling a home is a task that requires patience due to the involved documentation and massive amount of money. However, it’s important to note that the time it takes to sell a house in Kenya varies depending on several factors. The most crucial factor is the location of the property. If the property is located in a desirable area, it is likely to sell more quickly than in a less desirable area. Other important factors include the price of the…
One of the investment sectors that you can never go wrong is real estate. The sector has grown over time. This article will show you how to invest in real estate. Thinking of real estate, the first thing in your mind is a home. Yet, there are other several options in real estate apart from home. It is good to know where to invest in real estate. As per KNBS, the sector has contributed to about 3.3% of the country’s GDP in the past two decades. Although real estate is a lucrative business, it can be intimidating. This is because it is…
As a real estate agent, you frequently feel overwhelmed with the amount of work that is required of you. As a result, your closings and business relationships suffer since you just do not have enough time in your day to do all of your tasks. And this is where hiring a real estate assistant can help you, by providing assistance to increase personal income and productivity, and by easing some of the daily burdens agents face. A real estate assistant is the person who carries out many of the tasks involved in a transaction with customers, both before and after the actual sale.…
Investing in real estate has several financial benefits compared to costs. There are many benefits of investing in real estate. Real estate investors earn a steady flow of income. This secures their financial freedom in the long run. These benefits are creating value in properties, rental stock increment and home stability. When considering to invest in real estate, there are many major benefits to consider. It takes on rental property to get you all set in the industry. As long as the economy is thriving, housing market flourishes. There is always plenty of opportunities to get hold of in the industry.…
Successful real estate investors go through a process to maintain their success. Being successful in real estate investments is not an overnight adventure. It’s a combination of many traits possessed by investors in that industry. By starting a real estate investment is not enough to gain success. There are different ways in which one can grow and accumulate wealth in real estate industry. Looking at traits of fellow investors in real estate industry, it is not hard to make money. It is easier to learn from fellow investors by following the examples for what they did to succeed. There is always…
Investing in real estate business can be scary especially at the start of the business. Possibly you might be thinking of investing in real estate but you are not very sure of where to start and how to go about the whole process. It could be overwhelming at some point when making a decision on the best way to invest; how to start the business, how much to put into business, how to calculate returns and where to be cautious in order to avoid risks associated. In such a scenario of thinking through the real estate investment, we help you…