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60 search results, Multipurpose plots for sale (Sponsored)
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INTRODUCING BNB RENTAL CATEGORY TO THE REAL ESTATE DÁTABASE (RED)
In response to the evolving needs of the real estate market, our Real Estate Database (RED) platform has introduced a new category called BNB Rentals, which promises to redefine the way we think about short-term rentals.The Rise of BNB Rentals:With the rise of the sharing economy, the concept of short-term rentals has gained tremendous popularity. The success of BNB rentals has demonstrated the demand for unique, personalized, and often more affordable accommodations compared to traditional hotels. As a result, property owners are increasingly turning to short-term rentals as a lucrative option.Understanding BNB Rentals:BNB Rentals, a term coined to encompass a variety of short-term rentals beyond just private rooms or entire homes, is a broad category that includes properties ranging from cozy studios and stylish apartments to luxurious villas and unique accommodations like treehouses or houseboats. The term "BNB" stands for "Bed and Breakfast," reflecting the comfort and hospitality
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BUY A HOUSE OR LAND AT YOUR OWN RISK.
While it is a dream for many to own a piece of property, the process is fraught with risks that could turn this dream into a nightmare. This blog is not intended to scare anyone away from purchasing a house or land but to point everyone in the right direction and guide them on how best to handle the buying process in a risk-free manner. The Recent Evictions: A Cautionary Tale.Recently, there have been numerous evictions of squatters from wetlands around the country, some of whom had land titles for the same land. This unfortunate situation highlights the importance of thorough due diligence before making any property purchase. It is a stark reminder that having a title deed does not always guarantee security if the land is not legally or environmentally suitable for habitation. The Importance of Vetted or Approved and Verified Real Estate Agents.One of the safest ways to buy a house or land is by using vetted, approved, or verified real estate agents, especially those from the Real Est
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WHAT EXACTLY HAPPENS NEXT AS SOON AS A TENANT FAILS TO PAY RENT IN UGANDA?
Being a landlord comes with its fair share of responsibilities, one of which is ensuring that tenants fulfill their financial obligations, particularly paying rent on time. In Uganda, landlords have legal recourse under the Landlord and Tenant Act when tenants fail to meet their rent obligations.
Understanding the steps involved in this process is crucial for landlords and tenants seeking a resolution to unpaid rent. In this situation, we will outline the necessary actions that a landlord can take when faced with a tenant who fails to pay rent, providing a short guide to navigating the legal system and recovering what is owed.
Serve a notice to pay rent. The landlord must serve the tenant with a notice to pay rent. The notice should be in writing and state the amount of rent owed and the due date for payment. The notice period will depend on the nature of the tenancy agreement, but it should be at least seven days if the tenant is on a periodic tenancy.
File a suit in court. I
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WHY SOME TENANTS RENT PROPERTIES THEY CAN'T AFFORD.
Navigating the intricate relationship between landlords and tenants often unveils a web of complexities. One recurring scenario that has captured attention revolves around tenants opting for properties that stretch their financial boundaries. Though this decision may appear perplexing at first glance, it's underpinned by a multitude of factors and motivations.
It's worth mentioning at this juncture that the inspiration for this blog post was inspired by a stimulating LinkedIn discussion that transpired between myself and two industry experts: Grace Mukamwezi, a property manager at Spectrum Real Estate Solutions Uganda, and Racheal Nabanoba, an operations officer at GIBS Solutions Gateway Ltd. The discussion revolved around the topic of "late rent payments."
In this dialogue, Grace offered her perspective, asserting that prolonged struggles with rent payment shouldn't persist year after year. It's prudent to assess your financial situation and, if necessary, vacate the propert
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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 manager and the nightmare of encountering the worst property manager ever, plus the lessons learned from this harrowing experience and where to find a list of the best property managers.The Background.Mr. Binojjo has a beautiful duplex property in the quiet suburban neighborhood of Bugoloobi. He decided to hire a property manager called Dolibondo, to take care of his investment while he lived abroad. At first, it seemed like a reasonable choice, with Mr. Dolibondo boasting an impressive resume and references. Little did Mr. Binojjo know that this would turn into a living nightmare.1. Negligen
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MARKET YOUR PROPERTIES FASTER USING AN AI-POWERED PLATFORM.
In today's fast-paced digital world, leveraging advanced technology is crucial to staying ahead of the competition. For property owners and real estate agents, marketing properties effectively can make all the difference in achieving quick and successful sales.
One of the most innovative and powerful tools available today is Artificial Intelligence (AI). By listing your properties on AI-powered real estate marketplaces, you can enhance your marketing strategy significantly. Why Use an AI Platform for Real Estate?AI platforms offer a multitude of benefits that traditional marketing methods simply can't match. Here's why integrating AI into your real estate marketing strategy is a game-changer.1. Enhanced Search Capabilities. AI platforms provide superior search functionality, allowing potential buyers to find exactly what they're looking for quickly and easily. These platforms use sophisticated algorithms to understand search queries and return the most relevant results, savin
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