Rental properties are one of the best real estate investments to engage in especially for someone interested in regular cash flow. Many investors are attracted by this aspect but feel constrained by the management issues that come with it. Some underestimate these challenges and decide to handle the management of their properties themselves. This group of landlords interview tenants, collect rent, supervise maintenance issues, resolve dispute among tenants, handle eviction processes and several other property management issues. While there is no law against doing these things yourself as a property owner, you should consider reasons why it may be better to engage a property manager.
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Imagine a situation where Ministry of Housing earmarks the house of a certain Mr. Chikazie for demolition with claims that his land was built illegally on government land, yet he bought the land from the original owners with documents to back it.
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Most time as Non-Construction experienced house builders, we put our trust on the bricklayers to mix our concrete rightly, however very few of them can be trusted to do the right thing - If your bricklayer negotiated for material and labour (its even more difficult to trust him) because he might be maximizing gain and reducing materials; often times even when you buy your materials; they tend to put in excess sand, granite ratio to minimize time spent in doing the job.
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How To Calculate How How To Calculate How Many Blocks You Need To Complete Your Bungalow
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