|
|
75 search results, Schools for sale
|
|
|
|
|
|
|
|
|
A COMPREHENSIVE GUIDE TO REAL ESTATE TAXES IN UGANDA.
Real estate investment in Uganda can be a profitable venture, but it is essential to understand the various taxes that come with it. Taxes such as property rates, withholding tax, and stamp duty can significantly impact an investor's financial bottom line.
Here's a comprehensive guide to real estate taxes in Uganda that every property owner or investor should know:
Withholding Tax
The withholding tax on rental income is a significant tax obligation for non-resident property owners in Uganda. This tax is deducted at source by the tenant and remitted to the Uganda Revenue Authority. It applies to all non-resident property owners who receive rental income from their properties in Uganda, regardless of whether they are individuals or companies. Property owners who are residents of Uganda are exempt from this tax.
This exemption is aimed at encouraging local investment in the real estate sector. It is important for non-resident property owners to be aware of their tax obligations
|
|
|
|
|
|
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,
|
|
|
|
|
|
HOW A REAL ESTATE AGENT CAN GAIN TRUST WITH A PROPERTY BUYER IN UGANDA
In Uganda, the real estate industry is growing rapidly with many new players entering the market. However, this growth has come with its challenges, including an increase in fraudulent individuals who masquerade as real estate agents and cheat unsuspecting buyers. These fraudulent individuals have tarnished the reputation of the real estate industry, making it hard for genuine agents to gain the trust of potential buyers.
As a real estate agent, gaining the trust of potential buyers is crucial. It is the trust that buyers have in an agent that enables them to invest their hard-earned money in a property. In this blog, we will discuss how a real estate agent can gain the trust of a property buyer in Uganda, despite the many fraudulent individuals who pose as agents.
First and foremost, it is important for real estate agents to be honest and transparent with potential buyers. Real estate agents should provide accurate and up-to-date information about the properties they are selli
|
|
|
|
|
|
WHICH IS THE BEST TIME TO BUY A HOUSE IN UGANDA?
Buying a house is a major financial decision, and timing can be critical to ensure that you get the best deal possible. Uganda is a country with a growing economy, and the real estate market is constantly evolving. In this blog, we will explore the best time to buy a house in Uganda.
The best time for you to buy a house in Uganda is during the low season. Typically, the low season falls between the months of January and March. During the low season, there is less demand for housing, and sellers may be more flexible and willing to negotiate on the price.
Another factor to consider is the state of the economy. If the economy is struggling, there may be more foreclosed or distressed properties on the market, which can be a good opportunity for buyers to find deals. Additionally, if the interest rates are low, it can be a good time to buy a house because you can save money on the mortgage.
It is also important to consider the specific location you are interested in buying. S
|
|
|
|
|
|
IT'S TIME TO GO HOME, BUT DO YOU HAVE YOUR OWN HOUSE?
Today, I am delving into the significance of owning your own house and exploring the best ways to attain it, whether as a place to call home or a haven that reflects your unique style and personality. Join me as we discuss the numerous benefits of home ownership and why now might be the perfect time to make that life changing decision.The Journey Begins: Why Own a Home?Owning a house goes beyond just having a place to sleep at night; it's about building a foundation for your future. Let's explore some compelling reasons why owning a house is a significant milestone in one's life.1. Financial Security.Homeownership is a long-term investment that can provide financial stability. As you pay down your mortgage, you're essentially contributing to your own equity, building wealth over time.2. Personalization and Stability.Your home is a canvas waiting for your personal touch. Unlike renting, owning a house allows you to customize and create a space that truly reflects who you are. This stabi
|
|
|
|
|
|
REAL ESTATE AGENTS WHO CHEAT OTHER AGENTS OF THEIR COMMISSION IN UGANDA
Real estate is a thriving industry in Uganda, offering lucrative opportunities for both buyers and sellers. Real estate agents play a pivotal role in facilitating transactions, helping clients find their dream homes or investment properties. However, within this seemingly robust industry, a disturbing trend has emerged: some agents cheating their fellow agents out of their hard-earned commissions. In this blog, we'll explore the unethical practices that have tarnished the reputation of real estate agents in Uganda and the consequences of such actions.The Commission Structure.In Uganda, real estate agents typically earn their income through commissions and search fees. When they successfully broker a deal between a buyer and a seller, they are entitled to a percentage of the total transaction value as their commission. The exact percentage varies from one agency to another but is usually agreed upon in advance between the agent and the seller.The Prevalence of Cheating.Despite the clear
|
|
|
|
|
|
USEFUL INSTRUCTIONS ON HOW TO REMOVE MOLD FRÓM YOUR HOME.
Mold, a common household nuisance, can not only damage the aesthetics of your home but also pose potential health risks. If left unattended, mold can spread rapidly, causing respiratory issues and other health problems.
Fortunately, there are effective ways to tackle mold and prevent its recurrence. In this guide, we'll provide you with useful instructions on how to remove mold from your home and create a healthier living environment.Identify the Source:Before diving into the removal process, it's crucial to identify and eliminate the source of moisture that is promoting mold growth. Whether it's a leaky roof, faulty plumbing, or poor ventilation, addressing the root cause is essential to prevent mold from coming back.Gather the Necessary Supplies:To effectively remove mold, you'll need some basic supplies. These include:1. Protective Gear: Wear protective gear, including gloves, goggles, and a mask, to avoid direct contact with mold spores.2. Cleaning Agents: Opt for mold-kil
|
|
|
|
|
|