Trusted Engineers Contractors and Property Agents (TEPA)
In response to the longstanding challenge of trust in the realm of construction, "Trusted Engineers/Contractors & Property Agents Ltd" (TEPA) emerged in 1997 as a beacon of reliability and credibility within the industry. The genesis of TEPA was rooted in the recognition that clients often faced concerns and uncertainties related to the materials used, the standard of workmanship, and the over ....
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Credo management
Credo Management provides a variety of management services that are matched to the requirements of each client. Our core business is the management of residential estates, retail properties, public open spaces, and commercial properties, to name but a few.
Our aim is to provide a complete property management solution to suit a range of clients and tailor our service offering to their requ ....
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Southènd Properties Ltd
Property management is the daily oversight of residential, commercial, or industrial real estate by a third-party contractor. We at Southend Properties, take responsibility for day-to-day repairs and ongoing maintenance, security, and upkeep of properties.
We’ll take care of every aspect of your rental property. We’ll advertise your property, screen tenants, take care of repairs, an ....
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Rest Assured Property Investment
At Rest Assured Property Investments, we take care of your investment property like it was our own. Our in-house maintenance team handles all repair tickets. With every repair, Rest Assured Investments has two goals: make the tenant happy (retention) and protect your investment. Tenants love that our average response time for a repair ticket is less than 48 hours. We also provide 24-hour emergen ....
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Real Estate Dátabase for LandLords
Advertising your property on the Real Estate Database (RED) is key to visibilty. If no one knows about your property, how will you get a buyer or tenant? The longer your rental property is on the market, the more you will lose as a landlord. Thankfully, there is the RED that can help to get the word out about your property. We live in the age of the internet and if you don’t market your prop ....
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Property Agency and Management
Property Agency and Management started operations in February 2002, a move arising out of ten years of property management experience of the founder.Whether you’re looking for property for sale in kampala area or property for rent, Property Agency and Management makes searching easy.Use our unique geolocation mapping feature to root-out your ideal villa, townhouse or apartment and contact th ....
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Real Estate Dátabase (RED) services
If you're in the market for real estate services, look no further than The Real Estate Database (RED). Whether you're buying, selling, renting, or investing in property, the RED has you covered. With a wide range of services available either directly or through its partners, you can trust the RED to help you navigate the real estate landscape with ease.
To learn more about the various servi ....
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Investement property listings
Click here for a list of investment properties in Kampala and beyond.
If you're looking to invest in real estate, it's important to understand what constitutes an investment property. According to the definition, an investment property is land or a building (including part of a building) that is held to earn rentals or for capital appreciation or both. It's not owner-occupied, not used in p ....
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Muwebwa Property Services
We provide Commercial and Residential property management services. We’ll take care of every aspect of your rental property. We’ll advertise your property, screen tenants, take care of repairs, and collect the rent. Contact us to learn more details about our Commercial and residential property management services.
Property management is the daily oversight of residential, commercial ....
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Property Consultants Limited
Property management is a core element of our business. We look after properties for buy-to-let investors; homeowners who are temporarily relocating; wealth and asset managers; expats and trust companies. Many of our clients have been with us for years and wouldn't dream of going anywhere else.
Visit the website for Property Consultants Limited for more information regarding what they do.
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Premier Property Management
Premier Property Management Ltd is one of Uganda’s leading real estate companies. Our aim is to provide customers with a quality and value for money service.
Our professional property management personnel and bonded maintenance staff have over 10 years of collective experience. This helps ensure that the property owner receives the maximum return on their investment, while minimizing potent ....
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A Property Management Agreement: What Exactly Should It Contain?
When a property owner hires a professional property management company to oversee their assets, the first step is signing a property management agreement. This document is more than just a formality, it's the foundation for a successful partnership. But what should a property management agreement include to ensure transparency, accountability, and mutual benefit? Let's delve into the essential com ....
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Real estate lingo (Part 2)
Acceleration clauseAlso known as an acceleration covenant, this is a contract provision requiring the borrower to repay all of their outstanding loan to a lender if certain requirements outlined by the lender aren’t met.
Active contingentWhen a seller accepts an offer from a buyer, that offer is contingent upon the buyer’s ability to meet certain conditions before finalization ....
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Advertising your products and services on the Real Estate Dátabase
When one finds a new home; its most likely that s/he will want to buy new items for the new home; we have thus created more advertising space and provided an opportunity for all companies that supply Real Estate related products and services to advertise on this website where such products and services are mostly needed by people who are looking for new homes to rent or buy."If you are more intere ....
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Property Managers Are Prepaying Landlords to Secure Facility Management Deals: Does It Work?
In the world of property management, there's a growing trend of prepaying landlords upfront to secure management contracts. This strategy, where a property manager offers the landlord the entire projected rental income (minus their management fees) upfront, aims to win over the landlord by eliminating their wait time for monthly income. However, despite its appeal, this approach carries notable ri ....
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Real Estate News Delivered to Your Inbox: Subscribe to the RED Newsletter on LinkedIn.
Stay ahead in the dynamic world of real estate with the latest news, insights, and updates, all delivered straight to your inbox. For real estate professionals, investors, and enthusiasts alike, the Real Estate Database (RED) Newsletter on LinkedIn is your direct line to valuable information that empowers your journey in the market. Why Subscribe to the RED Newsletter?The RED Newsletter is designe ....
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A full list of property management companies in the RED in Uganda
The list below includes collection of top property management companies in Uganda, dedicated to assisting you in overseeing your residential or commercial properties. These reputable companies offer a comprehensive range of services tailored to landlords and property developers, encompassing rent collection, maintenance management, tenant marketing, and retention. By entrusting your properti ....
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Why Are There No Local Real Estate Franchises in Uganda?
As Uganda's real estate market grows and matures, one curious observation is the scarcity of local real estate franchises. Unlike in more developed markets where franchises like RE/MAX, Knight Frank, and others thrive, Uganda's real estate industry remains largely dominated by independent agents and small, standalone agencies. A combination of market structure, regulatory conditions, and capital r ....
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How to Generate Real Estate Leads and Sales fróm LinkedIn.
LinkedIn has emerged as a powerful platform for professionals, and the real estate industry can leverage its networking opportunities to generate leads and close sales. Here's a guide on how you too can make the most of LinkedIn to expand your networks, generate leads, and close deals for real estate success.Join or post and Participate in Real Estate LinkedIn Groups.Popular LinkedIn groups f ....
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How to Audit Your Own Real Estate Agency Business for Areas of Weakness.
Running a successful real estate agency requires a continuous assessment of your operations. Auditing your business periodically can highlight inefficiencies, identify opportunities, and ensure you’re moving in the right direction. By conducting a thorough audit, you can identify areas of weakness and take corrective actions to strengthen your agency. Here are some major ways to audit your r ....
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Build Your Success in Real Estate, Brick by Brick.
Success in real estate doesn't happen overnight. It's a journey that requires dedication, strategy, and an unwavering commitment to long-term goals. Whether you're an aspiring investor, agent, or developer, building a thriving real estate career or portfolio is like constructing a sturdy house, one brick at a time. Here's how you can build your own real estate success, brick by brick. 1. Lay a Sol ....
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Real Estate is Not Just a Job, It's My Passion.
In my journey as the founder of the Real Estate Database (RED), I've come to realize that real estate isn't just about the financial transactions it's about passion. My passion for real estate has driven me to create a platform that transforms how agents, buyers, and sellers interact in the market. But what fuels this passion even more is meeting others in the industry who share the same love for ....
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Why a PropTech Startup Needs to Make Profits fróm the Start.
If you're starting an online PropTech business, one critical lesson is clear, your startup must focus on generating profits from day one. This means your pricing should ensure that revenue from the minimum number of viable clients covers all your regular monthly expenses, and reaching this client base should be achievable within a few months (not years) of launching. Based on my own experience, th ....
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Consultative Meeting on Real Estate Regulation and Licensing with SRB: What to expect.
As Uganda's real estate industry continues to grow, regulation and licensing have become critical topics for all stakeholders. To address these concerns, the Association of Real Estate Agents (AREA) is organizing a pivotal meeting titled "Consultative Meeting on Real Estate Regulation and Licensing with SRB." This event will take place on Friday, 30th August 2024, from 3 pm to 5 pm at the Uganda B ....
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The Whole Truth and Nothing but the Truth About Real Estate Investment in Uganda.
Real estate investment in Uganda has gained immense popularity in recent years, attracting both local and international investors. The allure of owning property in a rapidly growing economy, coupled with the potential for significant returns, makes real estate an attractive option.
However, like any investment, real estate in Uganda comes with its own set of opportunities, challenges, and ....
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PropTech and FinTech are leading the XTech revolution in Uganda.
A technological revolution is sweeping through traditional industries in Uganda, fundamentally transforming how businesses operate and interact with their customers. At the forefront of this transformation are PropTech and FinTech, two technologies that have not only redefined their respective industries but have also set the stage for the broader XTech movement across the country. The Emerg ....
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I would like to join real estate, whère do I start?
The real estate industry is expansive, offering a variety of avenues for newcomers to explore and invest in. Starting your journey in this industry presents multiple pathways, each with its own set of opportunities and challenges.
Whether you're interested in buying and selling properties, managing rentals, or investing in developments, there’s a specific niche that suits your inter ....
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Challenges of building a real estate agency team in Uganda.
I have observed that building a successful real estate agency team in Uganda comes with its own set of unique challenges, influenced by factors like licensing regulations, market dynamics, and technological advancements. Here's a detailed look at some of the key challenges faced by agencies in Uganda and how they impact team building efforts. Lack of Licensing Requirements.One of the foremost chal ....
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Ugandan real estate market mid year 2024 review and future outlook.
First Half of the Year 2024 Review.
The Ugandan real estate market has experienced a dynamic first half of the year 2024, marked by several significant trends and developments. The sector has shown resilience and adaptability in the face of both local and global challenges. Here are some key highlights.
Steady Demand for Residential Properties.
The demand for residential properties, particularl ....
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A bèginner's Guide to Real Estate Investing 101.
Real estate investing can be a rewarding and lucrative venture, but it's not something you should dive into headfirst without preparation. Like any significant investment, it requires careful planning, understanding, and strategy. Here's a step-by-step guide, inspired by Ryan Serhant, to help you get started on the right foot. 1. Understand What You're Investing In.Before you make any investments, ....
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How to become a Realtor in Kampala.
Becoming a realtor in Kampala, Uganda, is a promising career path given the city's dynamic real estate market. Whether you're passionate about helping people find their dream homes or interested in the investment side of property, this guide will walk you through the steps necessary to become a successful realtor in Kampala. 1. Understand the Real Estate Market in Kampala.Before diving into the pr ....
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How to work smart as a real estate agent.
Real estate is a dynamic and competitive field. Success requires more than hard work; it demands smart work. Here’s how you can optimize your efforts and achieve better results as a real estate agent.1. Leverage Technology. a. Customer Relationship Management (CRM) Systems.A CRM system is essential for managing client relationships and staying organized. It allows you to track leads, schedul ....
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Why real estate agency might be the right starting point in your real estate journey.
When it comes to making money in the real estate industry, the possibilities seem endless. You may have heard tales of people striking it rich by investing in properties, but you've also likely heard horror stories of individuals who lost significant sums in the process.
The world of real estate is indeed a double-edged sword, offering both lucrative rewards and potential pitfalls. Le ....
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Finding the best house maids and domestic workers in Kampala Uganda
Finding reliable and professional house maids and domestic workers in Uganda can be a daunting task. Fortunately, several agencies specialize in providing well-trained staff for your household needs. Two of the best companies in this field are Bags Agency and Real Estates Uganda. Both are members of the Real Estate Database (RED), ensuring a standard of quality and reliability. Bags Agency.Bags Ag ....
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Encouraging timely rent with incremental fees and small payments.
In property management, maintaining timely rent payments is crucial for smooth operations and financial stability. Implementing an effective system for managing late fees can significantly impact tenant behavior and improve cash flow. An incremental late fee structure, combined with encouraging small, frequent payments, can address these challenges efficiently.Incremental Late Fees: Creating a Sen ....
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Recruit web content managers who have studied real estate to minimize property listing errors.
Accuracy and attention to detail are paramount in the fast-paced world of real estate. Whether you're a real estate agency, a property management firm, or an online property marketplace, the quality of your property listings can make or break your business. One of the most effective strategies to minimize errors in property listings is to recruit web content managers who have studied real estate.T ....
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Women's Day Special: Celebrating Uganda's Leading Women in Real Estate.
As we celebrate International Women's Day, it is important to recognize the significant contributions that women make to the real estate industry. In Uganda, there are many women who are breaking barriers and making a name for themselves in this male-dominated industry. These women are not only making waves but also serving as role models for other aspiring women in the sector.
Special th ....
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Opportunities for women in real estate.
In recent years, Uganda has experienced significant growth in its real estate sector, presenting a myriad of opportunities for both seasoned professionals and newcomers alike. While traditionally a male-dominated industry, the tide is turning, and women are increasingly finding their place in Uganda's real estate landscape. In this blog post, we will explore the diverse opportunities available for ....
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How long does it take to become a real estate agent in Uganda?
So, you've decided that you want to take the plunge and become a real estate agent in Uganda. The burning question on your mind: How long is this adventure going to take? Well, my friend, it all depends on whether you want to test the real estate waters or to first enroll into a real estate school. Let's unravel the two paths available for aspiring real estate maestros in the pearl of Africa.The S ....
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The role of real estate data quantity and quality in Uganda's Artificial Intelligence journey.
Industries across the globe are experiencing the Artificial Intelligence (AI) transformation, and the real estate sector is no exception. In Uganda, the integration of Artificial Intelligence holds the key to unlocking new possibilities in the real estate market. However, the success of Artificial Intelligence in this sector heavily relies on the availability and accuracy of real estate data.The U ....
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Property management is becoming a thing.
In recent years, the real estate landscape has undergone a significant transformation, with property management emerging as a crucial business option for many professionals in the real estate industry. As more people recognize the value of efficient property management, the sector is experiencing unprecedented growth, characterized by numerous exciting property management trends and emerging indig ....
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The quest for comprehensive real estate reports beyond kampala.
Real estate professionals and investors consistently seek updated and accurate reports on the real estate sector to make informed decisions in their daily operations and also provide valuable advice to their clients. It's evident that while most available real estate reports in Uganda are doing a very good job, they focus on Kampala where the major players operate.
However, many real es ....
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A real estate website is not an expense, its an investment.
An online presence has become more crucial than ever in the rapidly evolving landscape of real estate. As technology continues to reshape the way we conduct business, real estate professionals are increasingly recognizing the value of having a dedicated website.
That's why many real estate agents in Uganda have already joined the Real Estate Database (RED) and received a website as part o ....
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2024 is here, now what?
As the calendar turns its pages to 2024, the real estate market in Uganda stands at a crossroads, presenting both challenges and opportunities for real estate agents. The industry has always been dynamic, influenced by economic trends, government policies, and global events. In this blog post, lets explore the current state of the real estate market in Uganda and discuss the strategies that real e ....
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Hold on! let's take a closer look at 2023 togèther.
Its not true that 2023 has been an easy year for the real estate industry, however the Real Estate Database (RED) has emerged as a trailblazer, introducing a slew of groundbreaking initiatives in 2023. Let's together take a closer look at how these real estate initiatives and innovations in 2023 are reshaping the industry and providing unprecedented opportunities in 2024 for real estate ....
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Real estate is moving fróm 2023 to 2024, are you ready?
As we bid farewell to 2023, the real estate landscape is evolving at a pace never seen before. Technological advancements, shifting demographics, and global events have reshaped the way we buy, sell, and invest in property. As we step into 2024, it's essential to reflect on the trends that defined the past year and prepare for the exciting changes that lie ahead. Trends that Defined 2023.
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Unveiling the secrets of finding affordable properties online with the Real Estate Dátabase (RED).
In an era dominated by technology, the quest for affordable properties has evolved from traditional methods to a digital revolution. The Real Estate Database (RED) has emerged as a game-changer, empowering prospective buyers to explore a vast array of properties at their fingertips. This blog delves into the dynamics of how everyone can now uncover affordable properties online through the lens of ....
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A guide to choosing furnished apartments for rent.
The demand for furnished apartments for rent in Uganda has been on the rise, offering a convenient and comfortable housing solution for individuals seeking temporary or hassle-free living arrangements. Whether you're a busy professional on a short-term assignment, a student looking for a ready-to-move-in space, or someone who simply values convenience, furnished apartments are a compelling option ....
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Top cyber risks for the real estate industry.
In an increasingly digitized world, the real estate industry has embraced technology to streamline operations, enhance customer experiences, and optimize business processes. However, with these advancements come new and evolving cyber risks that pose significant threats to the confidentiality, integrity, and availability of sensitive data. In this blog post, we will explore the top cyber risks fac ....
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How much money do real estate agents make?
Real estate is a dynamic and potentially lucrative industry, with real estate agents serving as intermediaries between buyers and sellers. If you've ever considered a career in real estate, you might wonder just how much money real estate agents make. In this blog, we'll explore the various factors that influence real estate agent earnings and provide insight into the potential income in this fiel ....
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How do you start fróm a novice to an investor and make money in real estate?
Real estate has long been considered one of the most reliable paths to wealth. The idea of earning money through property investments appeals to many, but the journey from novice to successful investor requires knowledge, planning, and perseverance. Here’s a step-by-step guide on how to make that transition and achieve financial success in real estate.
1. Educate Yourself: Build a Solid Fou ....
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A Condopartment, whats exactly is it?
The world of real estate is constantly evolving, and with it comes new terminologies and concepts that reflect the changing landscape of housing. One such term, "Condopartment," has recently emerged as a unique and innovative housing solution that represents the fusion of condos and apartments in Real Estate.
Created by the Real Estate Database (RED), the term Condopartment is a hybrid co ....
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Free property management proposal for your next deal.
Property management entails a myriad of responsibilities beyond rent collection and tenant eviction. To gain the trust of property owners and effectively demonstrate your capability as a property manager, it is crucial to provide a comprehensive proposal. It has come to my attention that numerous aspiring property managers struggle with crafting proposals and plans for managing properties.
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Advertise all your real estate related products and services on the Real Estate Dátabase (RED)
Settling into a new home comes with the need for various real estate-related products and services to transform the new home into a comfortable and functional space. At RealEstateDatabase.net (RED), we understand that homeowners and renters are often in need of various products and services.
That's why we've opened up valuable advertising space on our website for companies that supply rea ....
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There are 1,000s of real estate gróups on WhatsApp in Uganda.
There may be thousands of "Ugandan based" real estate WhatsApp groups, but not all of them are suitable for you, and not all of them are worth joining. Some of them are quite large, while others are as small as 10 members. Some of them specialize or focus on real estate content only, while others are open to vast amounts of content.
WhatsApp is an easily accessible and user-friendly platform that ....
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Dealing with the worst property manager ever.
A good property manager can make a world of difference when it comes to maintaining and renting out a property. They are supposed to be the bridge between property owners and tenants, ensuring a smooth and hassle-free experience for both parties.
However, not all property managers live up to this expectation. In this blog post, Lets dive into the horrors of hiring the wrong property manag ....
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The rising tide of real estate training institutions.
Recently, I had the privilege of being invited by the Global Institute of Property Studies to share my insights on property marketing and the role of Proptech in the real estate business, particularly focusing on platforms like the Real Estate Database (RED).
It was truly invigorating to engage with a group of enthusiastic students who were eager to learn from my years of experience about the d ....
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How to conduct MOVE-IN and MOVE-OUT inspections.
Moving in and out of a rental property can be a stressful and hectic process, but it's essential to ensure a smooth transition for both tenants and landlords. One crucial step in this process is conducting move-in and move-out inspections.
These inspections help protect both parties by documenting the condition of the property at the beginning and end of a lease agreement. In this blog, we'll w ....
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How to measure the success of your property management strategies.
Property management is a complex and multifaceted endeavor that requires a strategic approach to ensure both property owners and tenants are satisfied. Effective property management strategies involve a combination of maintenance, tenant relations, financial management, and long-term planning. But how can you measure the success of these strategies? In this blog, we will explore key metrics and ....
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How the real estate industry can navigate the tough economic times.
In a world where economic uncertainties are inevitable, the real estate industry often finds itself at the crossroads of challenges during periods of slow economic growth. Recent developments, such as the World Bank's suspension of its loan funds, have added an extra layer of complexity, making matters even more challenging for regions like Uganda.
However, resilient and adaptive, this industry ....
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How do you evaluate a property before managing it?
Investing in real estate is a significant financial endeavor that can provide both stability and growth to your portfolio. Whether you're a seasoned investor or just starting out, one of the most crucial steps before acquiring a property is evaluating its potential. Proper evaluation can help you make informed decisions and pave the way for successful property management. In this blog, we'll exp ....
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How I built a successful property management business fróm scratch.
Starting a property management business from scratch can be both challenging and rewarding. As an entrepreneur, I embarked on this journey with a vision to provide exceptional services to property owners and tenants while building a thriving and sustainable business. In this blog, I will share my experience and the steps I took to create a successful property management business from the ground ....
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Common property management mistakes to avoid.
Property management can be a rewarding venture, providing a steady income stream and potential for long-term growth. However, it's not without its challenges. Whether you're a seasoned property manager or just starting out, avoiding common mistakes is essential to ensuring success and maintaining a positive reputation in the industry. In this blog, we'll explore some of the most frequent propert ....
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Tips to attract more property management leads.
In the competitive world of property management, attracting potential clients (property owners) is crucial for sustaining and growing your business. Generating leads is the lifeblood of any property management company, as it directly impacts revenue and profitability. To stay ahead in this dynamic industry, you need to employ effective strategies to attract more property management leads. In thi ....
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Ways to future proof your property management business.
In today's ever-evolving world, staying ahead of the curve is essential for businesses, including property management firms. With technology, customer preferences, and industry trends constantly changing, future-proofing your property management business becomes crucial to maintain relevance, attract clients, and drive growth. In this blog, we will explore some intelligent strategies to ensure y ....
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What does the daily schedule of a property manager look like?
Welcome to the bustling world of property management, where responsibilities are diverse, challenges are constant, and adaptability is key. Property managers are the unsung heroes who oversee the smooth functioning of real estate properties, ensuring that everything runs like a well-oiled machine. Have you ever wondered what a typical day in the life of a property manager looks like? Let's dive in ....
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The importance of respecting tenant privacy.
Respecting tenant privacy is not just a legal obligation, but also an essential aspect of building a harmonious and trusting landlord-tenant relationship. As a landlord, it is crucial to recognize and uphold the rights of your tenants to live in their rented space with a sense of security and autonomy. In this blog, we will explore the significance of tenant privacy, the legal implications, and ....
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A basic guide on how to become a property manager.
Are you interested in a career that combines your organizational skills, people management abilities, and passion for real estate? If so, becoming a property manager might be the perfect fit for you. Property managers play a crucial role in overseeing the day-to-day operations and maintenance of residential or commercial properties on behalf of owners. This comprehensive guide will walk you thro ....
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Tips for choosing the perfect name for your real estate project.
When embarking on a new real estate project, one of the crucial decisions you'll need to make is choosing the right name. The name of your project will not only serve as its brand but also shape its marketing strategy and overall identity. In this blog post, we will provide you with valuable tips and tricks to help you find the perfect name for your real estate project and stand out from the com ....
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Exploring additional revenue opportunities for property managers.
Property management can be a challenging field, requiring a multifaceted approach to ensure the smooth operation of properties. While rental income is the primary source of revenue for property managers, there are several additional streams of revenue that can significantly boost their bottom line. In this blog, we will explore some of the most profitable additional streams of revenue for proper ....
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Who exactly is Vincent Agaba?
It was the year 2007 when I first met a gentle man called Vincent Agaba, a man who would go on to revolutionize the real estate sector in Uganda. At that time, Vincent had recently established a property management company called Avarts Housing Limited. Their office was located on Plot 66 Kenneth Dale Drive in Kamwokya, before later relocating to Embassy Plaza along Ggaba Road. Meanwhile, ....
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How to gèt a free real estate website in Uganda.
In today's digital age, having a strong online presence is crucial for businesses in every industry, including real estate. A website serves as a valuable tool to showcase properties and attract potential clients. If you're a real estate agent or developer in Uganda looking for a free website to boost your online visibility, there's a simple solution available.
By joining the Real Estate Databa ....
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Property management lingo, a comprehensive guide.
The world of property management is filled with a multitude of terms and concepts that are essential to understand for anyone involved in managing properties. From legal and financial aspects to property types and regulations, familiarity with these terms is crucial for navigating the real estate industry.
This comprehensive glossary provides definitions for a wide range of terms, includi ....
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Why is real estate important in Uganda's economy?
Uganda, known as the Pearl of Africa, is a country of immense beauty, rich natural resources, and a rapidly growing economy. In recent years, real estate has emerged as a vital sector that plays a pivotal role in driving Uganda's economic growth. From providing shelter and employment opportunities to contributing to GDP and attracting foreign investment, real estate has become a key driver of Ug ....
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How to improve your efficiency in property management.
Efficiency is the lifeblood of successful property management companies. Whether you're a landlord overseeing a single rental property or a professional property manager handling a large portfolio, improving efficiency is crucial for maximizing profits, reducing costs, and enhancing tenant satisfaction. In this blog, we will explore practical strategies and tips to streamline your property manag ....
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What exactly is Proptech and how can it help you?
Over the past few years, the term "PropTech" has gained significant popularity in the real estate industry. It is a blend of two words – Property and Technology. PropTech refers to the use of technology to enhance and revolutionize the way we buy, sell, rent, or manage properties. In simple terms, it is the digital transformation of the real estate industry. In this blog post, we wil ....
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A real estate agency business plan, what should be included?
It's a well-known saying that "failing to plan is planning to fail". As a real estate agent, if you neglect to create a solid plan for entering the industry, it's highly unlikely that you'll achieve success. The real estate industry is fiercely competitive, and without a clear roadmap for achieving your goals, it's easy to become overwhelmed or make costly mistakes.
Therefore, taking the ....
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The importance of continuing education for real estate agents.
The real estate industry is constantly evolving, and as a result, continuing education is crucial for real estate agents to stay on top of the latest trends and changes in the market. From changes in laws and regulations to advances in technology and marketing strategies, continuing education helps real estate agents to remain competitive and provide their clients with the highest level of s ....
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The benefits of using a real estate agent for property management
Investing in rental properties can be an excellent way to build wealth and generate passive income. However, being a landlord is not an easy task, and property management can be a daunting responsibility. This is where a real estate agent specializing in property management can come in handy. Hiring a professional property manager can provide several benefits that make the investment in thei ....
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Investing in rental units, what are the pros and cons?
Investing in rental units can be a lucrative investment strategy, but like any investment, it has its pros and cons. Here are some of the key advantages and disadvantages to consider:
Pros:
Steady cash flow: Rental properties generate regular income through rent payments, which can provide a stable source of cash flow.
Appreciation: Over time, the value of a rental property can increa ....
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How do property managers deal with difficult landlords?
As a property manager, one of the most challenging aspects of the job is dealing with difficult landlords. These landlords can be demanding, unreasonable, and may even make decisions that go against the best interests of their properties. However, there are strategies and techniques that property managers can use to navigate difficult situations and maintain a positive relationship with thei ....
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The most exciting property management trènds and emerging indigenous companies to watch
Property management in Uganda is a rapidly growing industry with more and more companies offering these services to both residential and commercial property owners. The following are some of the trends and companies that are shaping the property management industry in Uganda.
PROPERTY MANAGEMENT TRENDS.
Technology Adoption: With the rise of technology, property management companies are ....
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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 propert ....
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Questions to Ask Before Hiring a Property Manager
Are you thinking of hiring a property management company? Then you need to ask the right kind of questions. With the right questions, you stand a high chance of selecting an efficient, effective and reputable property management company.Here are some general questions to ask a property manager before hiring them.
What services do you offer clients?Managing a potential property comes with many res ....
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