Business

Property self-management

Property self-management

Are you a first-time rental property investor? It is understandable for most first-time rental property buyers to be skeptical about engaging the services of a property manager. In fact, at one point or another most property managers have contemplated whether they should self-manage or not. However, property self-management is not for everyone. After all, there are legal obligations that need to be met. In...

How to attract millennials to your rental property

How to attract millennials to your rental property

Any property owner or manager looking for tenants should seriously consider millennials. To start with, most millennials are at a stage in their lives where renting is the most practical option. Although the majority of millennials are working, most have not yet accrued enough resources to own property. As such they prefer to rent than to buy property. Here are a few tips on how to attract millennials to...

A guide to understanding Airbnb

A guide to understanding Airbnb

One of the things that has taken the world by storm in recent years is Airbnb. Regardless of its undeniable prominence, some people still don't fully understand what Airbnb is all about. Here we have provided a brief guide to understanding Airbnb. What is Airbnb? To start with, where does the name Airbnb come from and what does it mean. Airbnb is a term that comes from air mattress, bed and breakfast. In...

Writing a rent increase letter

Writing a rent increase letter

From time-to-time, every landlord finds themselves in a position where they have to increase rent. However, you must decide if increasing rent will have any bearing on your tenants renewing their lease. If you decide to proceed with a rent increase then you need to provide the tenant with notification to that effect. Usually, this is in the form of a friendly letter specifying the increment amount and when...

Best real estate marketing tactics

Best real estate marketing tactics

To attain success in the real estate space you need to stay ahead of the competition. This is because real estate is a highly competitive sector. Utilizing modern marketing tools and techniques are important to stay relevant. Any form of innovative action you take to keep your marketing plan modern will be rewarded. As such here are some of the best real estate marketing tactics to give you a competitive...

Top real estate investment destinations in Africa

Top real estate investment destinations in Africa

Africa has for the last few years displayed significant signs of economic growth. Various economic sectors including real estate have shown steady growth. For Africa-focused investors, real estate is one of the best investment opportunities. As Africa has continued to grow and catch up to the rest of the world, the demand for high quality residential as well as commercial real estate has increased....

What to know about subdividing property

What to know about subdividing property

If you own a large piece of land, you may be contemplating how to capitalize on the value of your property. Moreover, you may be looking at ways to turn your block of land into a profitable investment. And one of the best and most rewarding real estate ventures is land subdivision. Moreover, subdividing is an excellent way to fully utilize every inch of your land. In addition, this could be the quickest...

Evaluating your property manager

Evaluating your property manager

Different property owners value different properties in property managers. Each investor has a particular set of needs that are relevant to their needs. As such, they desire a property manager with the attributes to meet those needs. However, there are some common traits that all property managers must possess. Subsequently, these enable the property managers to perform their duties in a satisfactory...

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