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March 2016

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20 Common Successful Habits of Entrepreneurs

The moment many of us will will realize the truth of how we take our responsibilities, do the right thing at the right time and turn around to ensure we don’t follow that same wrong path we were on then much will be appreciated of what we do and other people will appreciate us. The…Read More→


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KENYAN RENTAL MARKET PRACTICE – PRO-LANDLORD.

Rents: Can landlord and tenant freely agree rents in Kenya? There is no rent control, except for any mutual agreement –‘Two man’s agreement’ where the landlord ca decide maybe to lower the rent by some amount though it’s a rare practice. Deposits Prior to occupancy, the tenant normally pays a month’s rent in advance and…Read More→


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What is LAND TAX?

What is Land Tax? This is one very major question that is asked by many land owners in Kenya. Land tax is a local tax with rates varying depending on the location of the land. Land tax applies to land regardless of whether or not income is earned from the land. Land includes: vacant land,…Read More→


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REAL ESTATE PRICE TRENDS.

Kenya has made a name for itself in the startup and technology sectors; Nairobi has become a hub for global and local corporations looking to enter these booming industries and take advantage of the opportunities East Africa has to offer. As a result, the commercial and residential real estate markets are booming. Industry professionals expect…Read More→


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Demand heat up in Real estate

The ongoing infrastructure developments within and outside the Nairobi CBD will drive the property boom on the city outskirts.The development of roads infrastructure will boost access to certain areas, for example the Thika Superhighway, which has opened up Thika.On the hand growth in Internet usage has steered businesses to align their services with technological trends….Read More→


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Lending Rates

Ever imagined of owning a home and the barrier has been finance. The issue has always been interest rates hindering you. Here I come to you with good news of the current and trending interest lowest interest rate in the market. BARCLAYS Bank is here with good rates ever to be in the market going…Read More→


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THE LAND IDENTIFICATION PROCESS

    THE LAND IDENTIFICATION PROCESS   LAND IDENTIFICATION This is where a prospective buyer identifies a piece of land that meets his/her criteria including size, location, soil type, etc. LAND REGISTRY SEARCH Once the inspection of the land is done, the buyer should get a copy of the land title deed from the seller…Read More→


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4 text messaging etiquette for Real Estate Agents.

1. Length:Always Keep your text messages short and sweet. Don’t overwhelm your clients with information that is probably best received face to face. Send text messages with information that needs an immediate, short response and be sure to not discuss important, legal information over a text message. Use text messaging to coordinate logistics. 2. Permission: Before…Read More→


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Commercial Real Estate Lending & Financing In Kenya

The freeze in the nation’s credit markets has adversely affected commercial and investment real estate. Property owners seeking to refinance existing loans are finding access to credit limited. Restoration of the orderly functioning of financial markets is essential. Commercial real estate lending refers to the process through which commercial buyers obtain mortgages or other financing….Read More→


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Kenyan Real Estate Laws

KENYAN REAL ESTATE LAWS There are a number of categories of laws and procedures that regulate the real estate in Kenya, these include: 1. Land Registration In Kenya, land is registered under: • The Land Act • National Land Commission Land • Land Registration Act; offering registration in all districts 2. Foreign & local investment…Read More→