Business

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...

Managing your property investment

Managing your property investment

To start with, buying an investment property is merely the first step on your investment journey. Actually managing the property is the next step. As your investment grows into a portfolio of properties the effort and resources required will also grow. Hence you need to be vigilant at all times and carefully plan every detail so as to attain success. As an investment property owner, there are specific...

Earning passive income in real estate

Earning passive income in real estate

Let us start by examining the meaning of passive income. For the purposes of this undertaking, we will define passive income as the emolument generated from a limited partnership or investment property which an individual isn't effectively active. One of the most popular ways to make passive income in the modern era is through real estate investment. However, you don't necessarily have to possess a...

Impact of exchange rates on real estate

Impact of exchange rates on real estate

Globalisation is a worldwide phenomenon that accords investors the chance to own real estate anywhere in the world. The property keeps on being one of the most alluring and financially rewarding sectors for investors. In most instances, you won't really give exchange rates a second thought if you're seeking to purchase property locally. However, it's different if you are considering expanding your property...

4 tips for successful property management

4 tips for successful property management

A property manager has their work cut out for them as this task is extremely demanding. From owners, tenants, maintenance technicians, and various contractors, this task is both difficult and challenging. The need to possess many different skills, balance your every day tasks and handle your responsibilities is critical. But being a property manager can also be very rewarding if you don’t let the stress...

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