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LATEST BLOGS.
Chech out our latest new and blogs.
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INVEST IN RESIDENTIAL PROPERTY OR COMMERCIAL PROPERTY?
Real estate investment can be a lucrative endeavor, offering potential for significant returns and portfolio diversification. However, when it comes to real estate, one of the fundamental questions investors face is whether to invest in residential property or commercial property.
Both options have their advantages and drawbacks, and choosing the right one largely depends on your financial goals, risk tolerance, and investment strategy. In this blog, we'll delve into the key factors to consider when deciding between residential and commercial property investment.
Residential Property Investment
Steady Rental Income: Residential properties typically offer a steady stream of rental income, making them an attractive option for passive income seekers. People will always need a place to live, which means consistent demand for rental housing.
Easier Management: Managing residential properties can be more straightforward than commercial properties. Tenants are generally responsi
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CHECKLIST FOR CHOOSING A GOOD REAL ESTATE AGENT.
There are several criteria to consider when choosing a real estate agent or broker in Uganda.
Find someone who's readily available
While there are competent part-time agents who sell properties, you must hire someone who can show your home at varying hours or if you are a buyer then he/she can take you out to see properties at a convenient time.
Ask your real estate agent whether they are flexible regarding when they can hold showings or show you properties if you are a buyer. You may prefer a full-time realtor, but don't overlook a good part-time realtor. Just ask them about their availability upfront.
Work with an agent who offers suggestions
Savvy real estate agents know which characteristics sell homes in the area whether it's a pool, screened-in porch, or some other desirable feature. To that end, they will make suggestions on the rooms or features to emphasize or deemphasize.
During the initial interview, ask the agent if there are any changes you could make to
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COMMERCIAL PROPERTY CATEGORIES IN THE RED
The Real Estate Database (RED) is a comprehensive source of information for commercial properties. It classifies commercial properties into different categories based on their use, location, and structure. In this article, we will take a closer look at some of the most common commercial property categories in the RED.
Warehouse: A warehouse is a commercial property that is used for storing goods or materials. These properties are often located in industrial areas or close to major transportation routes. They may be leased or purchased by companies that need to store their products or materials for distribution.
Office Space: Office space is a commercial property that is used for conducting business operations. These properties are typically located in commercial areas or central business districts. They may be leased or purchased by companies that need a physical location to conduct their business operations.
Shop: A shop is a commercial property that is used for retail sale
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