Property Management 101

I have peace of mind

 Do I need a property manager?

First time investors and property owners seldom understand how time consuming and hectic managing your own property can be. Even veterans with experience in real estate will tell you the massive saving in time and energy getting a professional to do the job will earn you.
As a property owner, hiring a professional property management agency can help you with operations of your property.

·         Value for your time

Having a dedicated property manager frees you from the burden and stress of property management giving you the freedom to do your own work or business

·         Jointly owned properties

Having a property manager makes it easier for you to share the proceeds with your patners.

·         Location of your property

Are you relocating? Do you want to invest in a property not in your geographic location? Maybe your schedule does not allow you to be available at your property most of the time. A dedicated property management agency is the most practicable solution.

·         Property management requires dedication

Routine repairs and maintenance, rent collection, defaulting tenants, legal action, possible eviction, paying utility bills, advertising vacant houses and book-keeping are some of the realities of property management that can easily become your headache. Its better to let the professionals do the hard work for you.

·         Banks/Financial institutions legibility

When you receive your payments from an agent by payment voucher or bank account deposit, they put you in good stead to access credit facilities from financial institutions as opposed to when you collect rent directly from the tenants by yourself.

What exactly does a property manager do?

• Marketing your property
• Routine and emergency repairs and maintenance
• Rent and deposits collection
• Oversee evictions and recovery from defaulters
• Customer care service to tenants
• Payment of utility bills
• Complying to government legal requirements of property management

Why Elegant is the property management Company of Choice

·         Knowledge of the local market

We have offices in Mombasa CBD, Likoni and Voi and other offices slated to be opened in the near future. Furthermore, we have field officers in all geographic locations around Mombasa. Thus, no one understands the local rental market like we do.

·         Excellent Customer Service

On customer service, we are the best real estate management agency. This is because to us our landlords and tenants are our most prized asset. Nobody can give a better picture of the service, than a current customer. We can provide you with the references to ascertain our professionalism..

Elegant Investments upholds Confidentiality, Honesty and Respect while dealing with its clients this is the key to the great relationships we have with our tenants and landlords.

·         We are the professionals

We are Real Estate Agents of long standing having been established in 1996 and registered by law with the Estate Agents Registration Board.

Our management and staff base is solid with personnel of proven experiences who have been in this business for many years. You can see our staff Here and see our company profile Here

·         We make timely payments to our landlords

"We pride ourselves on selfless services and timely payments to our landlords."

On rent collection which is our core business, we pay our landlords not later than 8th day of every month and where proper tenants’ deposits are held by us we pay our landlords a lumpsum based on the due rent and not on actual rent paid.

·         Low commission rates

Our commission is relatively low and negotiable depending on the type of services being offered. When called upon we can expound more on this matter.

·         Security

We are relatively secure and have made sure landlord’s funds are secure. For this, we can avail to you the sureties.

·         We offer our landlords credit facilities

We advance friendly loans to our landlords for renovation, electricity installation e.t.c.

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