Author: Peris Gachago
Do you fear investing in real estate to avoid losing your hard-earned cash to con sellers? Well, no one loves to lose their money to cons, not even a single coin. Or are you a property seller but let opportunities slip because you don’t want to risk your property to cons? So, what do you do to secure your funds or properties? I’ll give you the correct answer, and henceforth, you’ll be free to do transactions worth millions, if not billions, of money. This post clearly explains escrow’s meaning and how it can help you close real estate deals. Keep…
Buying a house in Kenya in 2024 can be challenging, especially if you are a first-time homebuyer. Buying a home is not for the faith-hearted. One reason is you need lots of money, and the other is time to search for the best deals. That makes the whole process a tiresome one. Therefore, you need guidance on how you can prepare and search for your desired house and, finally, pay for it. That’s why we have this guide that will take you through everything you need to know before, during, and after home buying. Here are the 5 key steps…
You’ll agree with me that a business name contributes to a percentage of success, especially if it’s a start-up. The name you choose for your real estate business can draw clients into your property, either renters or buyers. As long as you are free to name your business whatever you need, you can choose a good title that will draw customers. The good thing is that there is no law in Kenya restricting how you should name your business. So what do you consider? Well, this guide has everything you need to know when choosing a real estate name in…
Like any other business, the real estate business requires strict bookkeeping procedures. That’s the only way to realize an excellent return on investment. In addition, one thing you should know about rental income is that it’s now taxable in Kenya. And that calls for precise bookkeeping. If you keep the wrong records, the Kenya Revenue Authority (KRA) will be on your neck, and you can’t hide. Now, this guide will help you learn about bookkeeping in real estate. In addition, you’ll know the critical records you should keep enabling you to calculate the actual profit or loss. What is Bookkeeping…
Real estate investment in Kenya has a bunch of benefits. It’s the only investment with appreciating power. That’s why tycoons focus on property investment across big towns in Kenya with great returns. However, to succeed in real estate investment as a beginner, you need to have enough money, a reliable mortgage lender, and a professional real estate agent. An agent will help you get houses in areas with huge returns due to the demand. Once you invest in real estate, you can gain financial freedom due to a steady cash flow. Now, what do you stand to benefit from when…
Everyone loves to own a home, but the price pushes many away. However, with a good credit score and a decent income flow, you can buy a home wherever you want. Home-buying can be extremely time-consuming, especially if you are a new buyer. You need to hire a professional agent to help you get the best home deals in your preferred location. So, What Makes a Good Home? A good home rings differently with each individual. One may like a different roofing design than others, but there are common values that each person would like. So, here are the common…
A real estate mentor differs from a real estate agent. A mentor should be someone who has already made it in the real estate world. While a real estate agent is someone who has learned how to get good property in excellent locations and at affordable prices. As a beginner in the real estate industry, you should have someone you look after, someone who can answer your questions when you desperately need the answers. A real estate mentor can be a family member or a friend with several years of experience as a real estate investor. Alternatively, you can search…
Real estate investment in Kenya can be an excellent way to plan for early retirement. However, you must know everything to do to succeed in the investment. Kenya is a developing country, and there is more to explore, especially in the property industry. You can invest in raw land or developed land. However, if you need faster returns, consider buying a complete property that will bring income soon enough. Real estate investment in Kenya has risen over the past few years, but what are the causes? Why Real Estate Investment In Kenya is a Good Idea So, now that you…
Do you want to be a real estate blogger but don’t know where to start? We’ve all been there before, but our passion pushed us toward where we are now. Real estate blogging can earn you lots of money once you do it perfectly. So, what do you do? How do you know the best profitable idea to follow? How do you monetize your real estate blog to start earning? Well, this post will answer all those questions and everything you need to know to succeed. A good idea will always fill a gap in the real estate blogging industry. …
Are you torn between starting residential, commercial, or industrial real estate? It’s overwhelming to decide what to create, mainly due to the different returns on investment with each type of real estate. As a result, most investors have decided to come up with a mixed-use property that serves at least two purposes. Mixed-use properties have been rising recently in Kenya, especially in Nairobi metropolitan area. Chances are, residential estates should be near commercial real estate because the residents will need to visit retail stores frequently. That’s why investors have thought of combining residential and commercial real estate. This guide will…