Author: Peris Gachago
Property financing could be the only way to help you become a real estate investor without much turmoil. We all know that investing in real estate requires a lot of money, which you may never be able to save your entire lifetime. However, you can invest in property if you have a steady income flow. All you need is select the best mortgage loan provider in Kenya to help you with your financing. This guide will help you know the following: The best loan providers we will discuss here have helped thousands of investors realize their investment dreams. What is…
Increasing rent for your commercial or residential tenants is tough during harsh economic times. However, everyone is feeling wrath, and we have to survive anyway. So, as a landlord, you can increase rent, but you should follow a good procedure that’s friendly to your tenants. Remember, an abrupt rent increment can send away your tenants, increasing the vacancy rate and reducing your returns. This guide will show you how to increase rent without violating the tenant’s rights and losing clients. In Kenya, we have the landlord and tenant act that will guide you. As much as rents and property costs…
You’ve already bought your buy-to-rent property in one of the thriving Kenyan markets. Now, it’s time to determine the right rent to charge your tenants. The rent you charge your tenants should be a determinant of whether your real estate business will thrive or not. If you are a first-time landlord, ensure you are conversant with the landlord and tenant act (2021) that protects you and the tenant. Alternatively, you can ask your attorney to pinpoint the critical and commonly used rules in real estate developments. This guide will take you through the essential factors to consider while setting your…
The main goal of building or buying a rental property is to get continuous passive income through rental income. That’s why you should make an effort to find new tenants. In addition, your cash flow and investment returns depend on your house’s occupancy level. There are many ways out there to find new tenants, but what is among the cheapest ways? Well, this guide will show you simple ways to find new tenants, which are cheap too. The tips discussed here have helped hundreds of landlords find new tenants in Kenya. So, keep reading to learn. How to Find New…
Let’s agree that being a good landlord contributes to the number of happy tenants you’ll keep. You probably have walked a long way to earn your first coin from your rental investment. Of course, you’ll be happy to have 100% property occupancy. But how do you do that? This blog explains ten tips to help you be a good landlord, which will make your tenants stay longer. And if they have to move, they’ll refer their friends to your premises, because you are a good landlord. So, How Do We Explain Good Landlords? One thing that will make you collide…
In every market segment, there are always buyers vs. sellers with different interests, but they work together, so each person achieves their goals. However, in some instances, the market favours the buyers, and in other circumstances, it favours the sellers. The real estate market in Kenya has been booming due to higher population growth. That’s why in some instances, sellers have the market favour due to high demand. According to Statistica, the real estate market grew by 6.1% by the first Quarter of 2022. This guide will show the buyers’ vs. sellers’ real estate market in Kenya. It will help…
Investing in income property in Kenya can be the decision away from gaining financial freedom. Property investment serves as a long-term solution to your financial needs. But do you know how you should do it? Well, this guide explains how you can invest in income property in Kenya. We have an actionable plan that has helped thousands of investors across the region. Keep reading. What is an income property? As the name suggests, income property is meant to bring income to the owner. As a real estate investor, you can earn money with property in two ways. One is through…
Long-distance property investment is possible in Kenya, but with the proper guidance. It’s possible to contact everything from property search to closing the real estate deal while you are abroad. You don’t have to book tickets to return home to facilitate a property-buying procedure. Following the correct guide like this one can significantly help you avoid unnecessary losses after falling prey to fraudsters. Most Kenyans in the diaspora have bought homes, commercial properties, rental apartments, land for development, and other properties without visiting home. The internet is good leverage and should help you get the best location to buy your…
Like any other business, you should have essential real estate investment skills to help you scale your property business. Of course, you need to master these skills before investing in the property business. Buying and managing a real estate business is not a walk in the park. That’s why you need actionable skills to help you thrive in the sector. A real estate investor’s ideal skill set should help mitigate all risks involved in property ownership. This post explains the skills you need to succeed in your property business, even if you are a new real estate investor. Most successful…
Investing in property is an excellent idea that produces long-term results. However, it can be tough to succeed in the sector without the best real estate investment strategies. This article alienates the property investment strategies to help you make the right choices depending on your ability. People who have successfully implemented these strategies have made a fortune. Keep reading to learn about the best real estate investment strategies you don’t want to ignore. Property investment strategies that work in Kenya Your success in the real estate business, no matter the type, depends on location. Each type of real estate has…