How to deal with badly paying tenants

Bad payers are a problem for all landlords and we’ve all found different ways to deal with the problem. The best solution is one that gets the tenant back on track and avoids a costly eviction.

I use the term “bad payer” to cover late payers, partial payers, check bouncers, and non-payers. There are a number of ways to deal with bad payers. Continue reading “How to deal with badly paying tenants” »

Why you should not rush to buy land in Athi river

The public has been warned against purchasing land in Athi River District until outstanding land issues are resolved.

Internal Security PS Francis Kimemia Tuesday said no further land transactions should be processed until a taskforce mandated with looking into irregular land allocation reports its findings.

He said Athi River has over the past two years been characterised by land disputes, where people invade public and private land and allocate themselves illegal plots using well-organised brokers.

While launching the task force, Kimemia called on those who bought land that is not genuine to report to the police and the taskforce for investigation.

“We are warning land grabbers to stop further invasion of private and public lands and further illegal developments and constructions,” said the PS. The 14-member team will look into and measure the irregular appropriation of public land and settle the squatter problem in the district.

According to the ministry, the land invaders are not genuine squatters but organised groups with intention of stealing and selling land to private developers. The team is also expected to identify all inconsistencies, irregularities and officials involved in land scandals.

By Emma Malin

Source:  from Standard Media Website

 

When and why should I hire a Property Management Company in Nairobi,Kenya

Property management companies deal one on one with tenants and potential tenants including rent collecting, maintenance and repairs, complaint handling and dealing with evictions, leaving you more time to pursue marketing and other property investment opportunities. Continue reading “When and why should I hire a Property Management Company in Nairobi,Kenya” »

Indian Investor attracted to the Kenyan Real Estate Market

Delta East Africa owned by Indian billionaire Mukesh Ambani is betting big on Kenya’s real estate sector with ongoing projects worth an estimated USD 34 million  (KSh3.4 billion).

The Indian businessman’s deepening foray into Kenya’s real estate market with a series of office and residential property developments has already earned him some good returns. This kind of investment in the country is an indication that Kenya’s booming property market is attracting increased international attention. Continue reading “Indian Investor attracted to the Kenyan Real Estate Market” »

The Hass Property Index 4th Quarter 2011 -Kenyan middle classes shift to cheaper housing in static property market

The shift comes against a backdrop of squeezed household budgets on inflationary pressures and near static pricing in housing.

However, prices rises continue in some areas of the housing market as developers move to recoup higher construction costs. Continue reading “The Hass Property Index 4th Quarter 2011 -Kenyan middle classes shift to cheaper housing in static property market” »

Homes For Sale in Nairobi,Kenya – Where To Find Them

One place that a person can maintain a good lifestyle and still live economically is Nairobi, Kenya. Jobs are available here, the prices of homes are reasonable.

Those who are looking for homes for sale in Nairobi ,Kenya  are often those who wish to relocate to this area. They may be from other parts of the country. They can find the Nairobi homes for sale right online. This is an invaluable resource to a person who may be relocating as it saves an inordinate amount of time.

Going online saves everyone time when it comes to looking at houses. Regardless of whether you are moving from another area of Kenya or relocating to this part of Kenya you can make use of Kenya Property Portals for example www.propertyleo.com to find homes for sale , Propertyleo has a listing of hundreds of available and up to date properties to let and for sale. This is the best way to narrow down a search and not waste time with homes that are not what you are looking for.

Those who are looking for homes for sale in Nairobi , Kenya need to take a look at a reliable site that has these homes listed. They can then narrow down their search so that they get the best home choices. When they go to the Propertyleo website in order to actually look at the homes, therefore, they can set up appointments directly from the website with Kenyan home owners and Property agents.

Everyone has something in mind when looking for a home in Nairobi. Most are specific in what they want with regard to space, such as bedrooms and baths. The Propertyleo website lists the homes has all of the specifics of the homes for sale. This makes it so much easier to concentrate on the listings that are of value to the potential homeowner rather than those that simply will not do for their needs.

Going online can give a person a good insight as to what they can afford when it comes to houses for sale in the Nairobi area. They will be able to see the prices of the homes and learn much about them when they go online to take a look. This not only gives them an idea of the houses that are in the price range that they want, but also what type of home they can afford. They can see photos of the houses for sale as well as some interior shots of the homes at the same time. It is best to learn as much as possible about any home a person is thinking of buying before they actually make an appointment to go out and see it.

If you are looking for homes for sale or rent in the Nairobi area, go online to take a look at what is out there. Chances are that you will be able to find something in your price range right through the internet. When a person finds the house that they are looking for, or several houses that they can consider, they can then make an appointment to see the homes when they are in the area at a time when it is convenient for them.

 

 

Some good reasons for buying real estate in the Kenyan Coast

The demand for beach properties in Kenyan Coast is on the rise. More and more people from different parts of the world are buying the luxurious beach front properties in Kenyan Coastal region to utilize them as holiday homes and for renting them out to incredibly large number of tourists who come here every year. If you are interested in buying a beach property in Kenya, here are some great reasons for buying it.

The Kenyan Coast offers some of the most luxurious beach front locations in all of Africa with an incredible Coastline. The cliffs framed with rain forests, wild ocean waves on the Coast, white sandy beaches, dense lush green plant life, and gentle water waves on the Kenyan coast, blue skies, and white clouds create a stunning natural landscape in the Kenyan Coast, making it a place of choice to buy a Holiday home in Kenya. A Beach property in Kenyan Coast gives the owner a chance to experience the magic and bliss of this stunningly beautiful place.

The Kenyan Coastal region has got great climate for a Holiday Home. Here the rainy season lasts for a short time and is not very cold.

Kenya’s biodiversity is another major attraction for investors and real estate buyers. The Kenyan Coast is home to a variety of the animals and plant species.
Some other reasons for buying beach properties in Kenyan Coast are the political stability of the country, welcoming nature of the people living here, high standard of living offered by the region, and great tourist influx. All these reasons make holidaying in Kenyan Coast a pleasure and buying beach properties in Kenyan Coast a wise decision.