Whether you are an inexperienced first time landlord or a go it alone landlord who is fed up with the hassle of dealing with weekend maintenance calls, hiring a property management company to take care of your property and your tenants can be the perfect solution. Here are 8 great reasons why making the move to this style of property management can make really good sense. 1. Better screening of tenants First impressions can be deceptive and even the most plausible, honest looking people can prove to be difficult tenants. This is why property management companies or letting agents always take screening of potential tenants very seriously. A good company will carry out credit checks and evaluate references to make sure the chances of taking on responsible, reliable good quality tenants is as high as possible. After all, a tenant who pays their rent on time and takes care of your property is not only good for you, but is also a lot less hassle for a property management company. 2. Ensuring legal safety requirements are met There are a number of safety regulations that need to be met before a property can be let. A property management company will…

Making an apartment inspection checklist should be one of the first things you do when you decide to move. Moving into a new rental can be exciting, but it’s easy to overlook flaws in the new digs upon your arrival, simply because you’re caught up in the move. By making a rental inspection checklist, you can make sure you’re looking over your new home closely for any damage or concerns, not only so your landlord can fix it immediately, but so you won’t be at fault later. Ahead, learn all the ins and outs of making an apartment rental checklist. Why do I need a rental inspection checklist? An apartment inspection checklist is important to keep you focused when you move in. In the stress and excitement of moving in, it’s easy to overlook things or just get caught up in putting all your things away in your new home. If you make your checklist ahead of time, you can inspect each aspect of your rental as you start to put your home in order. An apartment inspection checklist also will help you spot anything you need to talk to the landlord about immediately. If you can get your landlord…

Initially, property development was rudimentary and straightforward, just focusing on the basic amenities, and enough space for parking or gardening. However, times have changed. We have a whole different generation that is tech-savvy, has unique tastes and know exactly what they want. They are considering these factors when hunting for property to purchase or rent: Within the city/convenience Gone are the days people used to invest in property located in the outskirts of a city. Millenials prefer to live in hip neighbourhoods in the city; posh and upcoming developments that are near service providers and entertainment joints for convenience. Buying vs Renting Real estate experts will testify that numerous rational millennials are keen on building or buying their first homes instead of renting. They are specific about what they want and don’t want, with a huge bias on specific trends in their homes; luxury, efficiency, and technology. Technology In fact, technology is the key determining factor for a young person to or not to invest in a property. This generation spends most of their time online; shopping, chatting, researching, and working using home Wi-Fi. This is why internet connectivity in homes is a major selling point. Network reception for cellular…

When you’re unhappy with certain aspects of your home, you may find yourself contemplating whether to buy new or renovate your existing space. There are pros and cons to both options, so let’s dig in. The benefit of renovating and staying put Renovating can be a hassle — but so can moving, and perhaps even more so. When you buy a new house, you’re signing up to pack up your existing home and move to a new one. And there are consequences to doing so. For one thing, living in a new neighborhood can be less convenient — you don’t know your way around, the stores aren’t the same, and the adjustment is potentially lengthy. Moving also means giving up the neighbors you like and the school district your children are enrolled in. That’s a big deal. Another good reason to renovate? You’ll have a home that caters to your specific needs. Say you’re unhappy with your outdated kitchen and want a new one. You could find a home with a brand new kitchen, but you may not love the color of the cabinetry. When you stay in your home and renovate, you call the shots with regard to improvements….

Buying or renting a home – which is best? It’s an age-old debate, but one that really comes down to individual needs and circumstances. To help you make the decision, we’ve explored the pros and cons of buying and renting and outlined everything you’ll need to consider. Whether it’s better for you to buy or rent will depend on your personal and financial circumstances. If you’re not able to afford a home of your own, renting is a great way to live in the area you like and in a property that suits you. However, owning a property can give you more security for later in life and enables you to put down roots and create a real ‘home’. Renting a home The advantages of renting Renting a property gives you more flexibility to move quickly Renting a property can be arranged quicker than buying a home Renting carries a lower financial risk than buying By renting, you won’t have to worry about maintenance or repairs By renting, you may be able to live in an area where you couldn’t afford to buy The disadvantages of renting By renting, you’re paying off your landlord’s mortgage rather than your own It’s…

Does a property owner have absolute power over the process of eviction? Property law has come a long way in addressing this. The law imposes restrictions to evictions. In this article, we shall look at different scenarios in which eviction is necessitated and how to legally evict a Tenant or an unlawful settler. There are different types of eviction in Kenya. In this piece, we shall cover evictions in the following areas: – Eviction of a Tenant at a residential unit; Eviction of a Tenant from business premises protected under Cap 301; and Eviction of unlawful/illegal settlers. Eviction of a Tenant at a residential unit: – The law has placed a few safeguards in respect of situations where a landlord in a residential unit intends to evict his tenant. These are those units where rent is paid periodically, for instance, monthly or quarterly in advance. The procedure to be followed majorly depends on how parties agreed in the first place. There is, however, a bare minimum, you cannot rightfully evict anyone without a Court order. The requirement of a termination notice There are landlord and tenant relationships whose agreements are not provided for in writing, oral agreements. They, therefore, do…