According to recent data from KNBS, about 70% of Kenyan landlords choose to self-manage their rental units. To many landlords, it is a way of reducing costs while remaining in control of their investment. However, when your rental portfolio exceeds self-management, you will definitely need some help to undertake the operations. This is where a property management company comes in. But not just any...
Owning property and especially rental property is a dream for many Kenyans. I would go ahead and describe it as the Kenyan Dream, you work hard at your job and business, save up your income, buy a plot and build some rentals on it with the goal of collecting income as your retirement plan. This idea sound almost too good to be true and that is because, it is not that straight forward. Most people go into...
The success or failure of your off-plan project squarely lies with the developer you choose. This means that while selecting a project with strong market fundamentals is important, getting a good developer is equally important. I have done a guide on how to know if you are dealing with a good developer, you can click the link to learn more. Many Kenyans have burnt their fingers in many of these off-plan...
If you are looking to buy a home for either investment or personal use, then knowing who the developer of the project is would be the best way to safeguard your money. The developer is the bearer of the vision and is the final decision maker in any project. A developer could be a company, an individual, an organization or even the government. Whether a project gets finished or not rests majorly with the...
Buying real estate is a dream that many Kenyans hold. And there are good reasons why this is the case including; real estate’s stability and being an asset you can touch and control. However, many buyers often make a big mistake when buying property by getting the timing wrong. We have all heard of the number one rule of real estate which is Location, but few people talk about timing the market. One...
Every market has its own bad-actors and the rental market is no different. There are countless stories of Kenyans who have been duped in their home search. Whether it is due to greed, ignorance or just not knowing, conmen are making a killing from Kenyans and it is not good. You see TRUST is really important in the real estate world and whenever it is eroded, it becomes hard to restore. In this blog, I...
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