5 bedroom Mansion for sale in Kiwaatule Kampala Uganda, code: 169775
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Located in Kiwatule close to Cynabel Supermarket.
Has 5 bedrooms 4 rooms for domestic staff quarters, double garage, Large mature gardens.
Plot size is 50 decimals.
Selling Price is US Usd 650, 000
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SCAN QR CODE
169775
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46 RELATED PROPERTIES
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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 increase, allowing you to sell it for a profit in the future.
Tax benefits: Rental property owners can take advantage of tax deductions, including mortgage interest, property taxes, and repairs and maintenance.
Diversification: Rental properties can be a good way to diversify your investment portfolio, as they often have different risk and return characteristics than other asset classes.
Leverage: Rental properties can be a good way to leverage your money and increase your returns, as you can finance the property with a mortgage and benefit from both the rental income and any appreciation in the
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UGANDA'S FIRST FLOATING HOUSE HITS THE MARKET.
In the picturesque setting of Uganda's serene waterways, a groundbreaking innovation has emerged the country's first floating house. Combining modern design with eco-conscious living, this unique abode represents a new frontier in Uganda's real estate landscape. Let's take a closer look at this remarkable property that's making waves in the housing market.A Unique Concept.Nestled amidst the stunning scenery of Uganda's Lake Victoria, this floating house stands out as a beacon of innovation. Designed to harmonize with its natural surroundings, it offers a novel way of living that blends luxury with sustainability.Constructed using cutting-edge materials and techniques, the house boasts a sturdy/rigid and yet buoyant foundation that allows it to float effortlessly on the water's surface. Its contemporary architecture and sleek aesthetics ensure that it's not only functional but also visually striking.
Eco-Friendly Living.One of the standout features of this floating house is its commitm
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ESSENTIAL STEPS TO HANDLING TENANT TURNOVER.
As a landlord or property manager, one of the inevitable challenges you'll face is tenant turnover. Tenant turnover occurs when a tenant moves out of your rental property, creating a vacancy that needs to be filled by a new tenant. Handling tenant turnover effectively is crucial for maintaining a steady rental income and ensuring your property remains well-maintained. In this blog, we will discuss essential steps to help you navigate the process of tenant turnover smoothly and efficiently.
Plan Ahead
The key to managing tenant turnover successfully starts with careful planning. Anticipating vacancies and having a plan in place will save you time, stress, and money. Create a timeline for the turnover process and set aside sufficient resources for marketing, property maintenance, and any necessary repairs or renovations. By planning ahead, you can minimize the downtime between tenants and keep your rental income flowing.
Conduct a Thorough Inspection
Before a tenant m
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A BASIC GUIDE TO UNDERSTANDING TENANT SCREENING.
When it comes to renting out a property, it's crucial for landlords and property managers to find reliable and responsible tenants. One of the most effective ways to achieve this is through tenant screening. Tenant screening is a process that helps property owners assess the suitability of potential renters by evaluating their financial stability, rental history, and overall reliability. In this blog, we will delve into the essential aspects of tenant screening, providing a comprehensive guide to understanding how it works.
Application and Personal Information: The first step in tenant screening is obtaining a rental application from prospective tenants. This application typically includes personal details such as the applicant's full name, contact information, employment details, and references. Gathering this information allows landlords to begin the screening process and establish initial contact with the potential tenant.
Credit Check: One of the fundamental aspects of tenant s
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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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ENTER YOUR DETAILS BELOW AND FOUNTAIN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 169775
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