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HOUSE FOR SALE!!!
IN NAMUGONGO-SONDE AT 250M UGX AS LISTED BELOW
Brand new house 4 bedroom's 13 decimals title price #250million nagotiable Namugongo SONDE
What's app me on (+256701044520
Or CALL ME on (+256784411575
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QR CODE
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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WILL ARTIFICIAL INTELLIGENCE (AI) REPLACE REAL ESTATE AGENTS?
The rapid advancement of Artificial Intelligence (AI) has spurred discussions across various industries about its potential to replace human workers. The real estate sector is no exception. As Artificial Intelligence tools become increasingly sophisticated, many are questioning whether real estate agents will soon be rendered obsolete. However, the reality is far more nuanced. While Artificial Intelligence is revolutionizing the industry, it is unlikely to completely replace real estate agents. Here's why. The Role of Artificial Intelligence in Real Estate.Artificial Intelligence has already made significant inroads into the real estate industry, offering tools that streamline operations, enhance customer experience, and improve decision-making. From property valuation algorithms to chatbots that provide instant responses to customer inquiries, Artificial Intelligence is becoming an indispensable tool for agents and brokers.For instance, Artificial Intelligence-powered platforms can an
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PROPERTY MANAGERS ARE MISSING IN THE LANDLORDS AND TENANTS ACT
Property managers are (in)famous for evicting tenants. A tenant who was once thrown out of his apartment (read premises) will never forget the property manager who threw him out.
It so happens that most of the times I have interacted with property managers, they will occasionally make or receive a call from a problematic tenant and then exchange tough words in my presence.
The very first property manager I interacted with in Uganda is called Andrew Mukiibi from Premier Property Lettings Ltd, that was way back in 2006 when i was trying to make my entry into the real estate industry, at that time, his office was on 1st street, next to what was then known as Ange Nior Discotheque.
When I went to his office, I found him in a very horrible mood as he was in the midst of a heated and lengthy phone argument with a problematic tenant at the time when I arrived.
I even contemplated rescheduling my meeting with him based on the assumption that our meeting may be affected by his mood, and thu
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WHY YOU SHOULD HIRE A PROFESSIONAL REAL ESTATE PHOTOGRAPHER.
In the digital age, where visual content dominates the online world, the importance of high-quality images cannot be overstated. This is especially true in the real estate industry, where compelling visuals can make a significant impact on the success of property listings. While it may be tempting to cut costs and take your own photographs, hiring a professional real estate photographer brings numerous advantages that can ultimately enhance your property's appeal and lead to faster sales and higher profits. In this blog post, we will explore the key reasons why hiring a professional real estate photographer is a smart investment.
First Impressions Matter
In today's competitive real estate market, first impressions are crucial. Potential buyers often begin their property search online, scrolling through listings and making quick decisions based on the images they see. Professional real estate photographers have the expertise to capture your property's best features, ensuring tha
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EXCITING NEW PROPERTY STATUS LABELS ADDED TO THE RED
In a continuous effort to enhance the visibility and ease of property searches, the Real Estate Database (RED) has introduced three new property status labels. These labels have been designed to highlight unique aspects of properties, providing users with more specific filters to find the ideal property that fits their needs. Here’s a look at the latest additions:1. Fix & Flip Label.This label identifies properties that are prime candidates for fixing and flipping. For real estate investors and enthusiasts who love turning undervalued homes into high-value assets, this filter will make it easier to spot those opportunities.2. Investment Label.For those looking to build or expand their real estate investment portfolio, the new Investment label will come in handy. Properties with this label are ideal for investment purposes, whether you're interested in rental income or long-term value growth.3. Underpriced Label.Sometimes, speed is key, and RED has added an Underpriced label t
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SHOULD YOU INVEST IN RESIDENTIAL PROPERTY OR COMMERCIAL PROPERTY?
Real estate investment can be a lucrative endeavor, offering potential for significant returns and portfolio diversification. However, when it comes to real estate, one of the fundamental questions investors face is whether to invest in residential property or commercial property.
Both options have their advantages and drawbacks, and choosing the right one largely depends on your financial goals, risk tolerance, and investment strategy. In this blog, we'll delve into the key factors to consider when deciding between residential and commercial property investment.
Residential Property Investment
Steady Rental Income: Residential properties typically offer a steady stream of rental income, making them an attractive option for passive income seekers. People will always need a place to live, which means consistent demand for rental housing.
Easier Management: Managing residential properties can be more straightforward than commercial properties. Tenants are generally responsi
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REAL ESTATE AGENTS HAVE A BIG PROBLEM WITH LEAD FOLLOW UP.
Real estate agents are constantly collecting leads from referrals and from several other top sources like the Real Estate Database (RED) or Lamudi Uganda and Realtor Uganda. These leads are the lifeblood of their business, and every agent dreams of converting these leads into successful transactions.
However, there's a significant challenge that plagues the real estate agency business, its the "lead follow-up problem". Despite gathering a multitude of leads throughout the year, a substantial number of these leads fall through the cracks, and many go unattended to.Let's take a look at the numbers.
A real estate agent receives an average of about three new leads a day. That amounts to approximately 90 leads every month, culminating in a staggering 1,080 leads in a year. Yet, if you were to ask an agent how many leads they are actively following up at the moment, they'll likely provide a list of not more than 30 leads, most of which were generated within the last two months. So,
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THINGS TO LOOK OUT FOR WHILE BUYING A PLOT OF LAND.
Investing in a plot of land is an exciting endeavor, whether you plan to build your dream home, start a business, or make a long-term investment. However, purchasing a plot requires careful consideration and thorough evaluation to ensure you make an informed decision. To assist you in this process, we have compiled a list of essential factors to look out for when buying a plot. By paying attention to these key aspects, you can make a smart investment that aligns with your goals and provides a solid foundation for your future plans.
Location, Location, Location: The location of a plot plays a crucial role in its value and potential uses. Consider proximity to essential amenities such as schools, hospitals, shopping centers, and transportation links. Access to major roads and highways can significantly impact convenience and property value. Additionally, research the neighborhood's growth potential, future development plans, and zoning regulations to ensure compatibility with your
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THE PROS AND CONS OF USING PREFABRICATED OR MODULAR CONSTRUCTION METHODS.
In the ever-evolving world of construction, new methods and technologies continue to shape the industry's landscape. Prefabricated and modular construction methods have gained significant attention for their potential to streamline the building process and deliver projects more efficiently. However, like any approach, they come with their own set of advantages and disadvantages. In this blog post, we will delve into the pros and cons of using prefabricated or modular construction methods.
Pros of Prefabricated and Modular Construction:
Faster Construction Times: One of the primary advantages of prefabricated and modular construction is the substantial reduction in construction time. With most of the components being manufactured off-site, construction projects can progress simultaneously, leading to shorter overall timelines. This can be especially beneficial for projects with tight deadlines.
Enhanced Quality Control: Factory-controlled environments ensure that prefabricate
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WHAT JOMAYI'S COLLAPSE TEACHES US ABOUT REAL ESTATE.
The collapse of Jomayi Property Consultants Ltd, once Uganda's most prominent real estate company, serves as a cautionary tale for developers navigating the complexities of the industry. As the dust settles on Jomayi's demise, it's crucial for other developers to reflect on the factors that led to its downfall to safeguard their own ventures.Financial Prudence and Debt Management.At the heart of Jomayi's downfall lies financial mismanagement and debt accumulation. The company's inability to honor its financial obligations, particularly to NC Bank, ultimately led to its insolvency. Despite entering into agreements and consent judgments, Jomayi failed to adhere to payment schedules, triggering legal action and liquidation proceedings. For real estate developers, this underscores the importance of prudent financial management, including disciplined debt repayment and meticulous cash flow forecasting.Risk Mitigation and Diversification.Jomayi's overreliance on specific assets, such as the
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ENTER YOUR DETAILS BELOW AND SHIMU WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 97023
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INSTALLMENT PAYMENT INQUIRY FORM
Please fill out the inquiry form below with all required details. You will receive a response from Goldmine Finance within 48 hours, advising you on installment payment options for your preferred property based on the information provided.
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