Bungoma house renovation services: 8 Step renovation process

Today, we are giving out eight renovation process that has helped us as a Bungoma house renovation services provider in the past few years. Why is this important?

There are many of us with apartment or houses which for many reasons have not been renovated or repairs for such a long period and need repair. If you are one of those people with properties that need repair, here are some renovation process that we use as a provider of Bungoma house renovation services.

1.    Bungoma house repair services: Why?

Before a house is renovated, the objective of doing the renovation must be established. Reasons for carrying out renovation may include; restoration of the house to the original state, to attract high paying tenant, to increase the rent or attract more clients. You need to be clear in your mind why you want to conduct a renovation for your house.

2.    Bungoma house repair service: Preparation

Having understood the objective of repair, the next phase is preparation. This stage involves financing repair or renovation and also structures. You need to understand what additional structures will come in place as a result of the repair and what the budget for conducting the repair is. You should not start a repair unless you have enough money to carry through with the repair.

3.    Bungoma house repair services: Where?

You want to research and see where do you need to renovate and how. Depending on the objective of repair, you will realize that it’s not obvious where to renovate. When you are attracting high paying tenants, you want to renovate even parking area, use expensive tiles, attractive interior design and many other things. Conduct some due diligence on where you need to renovate and how.

4.    Bungoma house repair services: What?

Your renovation should add value to your property. If you want to invest in old properties with the view of renovating, you should conduct due diligence to ensure that your intended renovation will really add value to the property. The value is measured in terms of increased rent compared with the original rent the property was attracting before the renovation. Some people compare the rent after renovation with the rent when the property was newly developed.

5.    Bungoma house renovation service: Purchase

This stage is only relevant for people seeking to invest in an old property that needs repair. Once you’ve gone through the first four steps or process, it’s time to purchase the property so that you can begin the repair. If you have the property, then skip this process.

6.    Bungoma house extension services: Plan and Budget?

In the property market, planning and budgeting go together. Here, you need to think of your target market and the end values. At this stage, you’ve bought the property and so you are about to start the renovation. Think of the rent a similar property would attract in that neighborhood. Don’t overspend in renovation yet the market will not yield to the new rent. For example, there are estates where you will not find someone paying Ksh.30, 000 or more for a two bedroom house.

Plan your renovation in such a way that the rent you would want after the renovation is acceptable in that market area. The plan will ultimately result in a renovation budget.

7.    Bungoma house extension service: The renovation process

This is the actual work. Bring in a contractor to carry out the work. Communicate properly your expectation and if possible, capture it in a contract. This will help the contractor to follow through without assumptions. Be available for consultations should there be a need.

8.    Bungoma house extension services: Post renovation

Once the renovation is over, you lease the property. Find a property management company to find a tenant, screen, and contract and collect rent as well as be responsible for maintenance and repairs.

West Kenya Real Estate is a property development and management company based in Bungoma with offices in Vihiga and Kakamega. We have years of experience in helping clients identify, negotiate, secure and renovate old buildings anywhere in Bungoma, Mbale, Chavakali, Kakamega, Bungoma and Homabay.

If you need Bungoma house renovation services, Luanda house renovation services, Mbale house renovation services, Chavakali house renovation services, Kakamega house renovation services, Bungoma house renovation services or Migori house renovation services, you can reach us today and will be glad to help you out.

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Hostels in Kisumu: 10 Tips for Finding a Good Hostel

Hostels have attracted very disturbing stories in other areas.Challenges like filthy bathrooms, bedbugs or people sharing too many things are far too common. Fortunately you can find hostels in Kisumu or even hostels in Kakamega which are free of these challenges. If you are looking for a good hostel for yourself or your child, there are a number of tips which should support you pick a good hostel.
Here are some of those tips;
Check out the ratings
For hostels in any location, it’s important to inspect the ratings online to see what some say. You very well may try Good ratings by customers as well as other hostel listing sites. Some customers will go back to these sites and abandon a remark once they have stayed in such houses.
There are sites which offer ratings from any individual to five others offer from one to ten. It’s you to take time and go through several of the ratings and see what to expect from such ratings.
Pick your vibe
Think of your style if you are serching to find a hostel. There are actually hostels with a bar and restaurant. For student hostels, you will never find a bar or restaurant within the hostels’ facility. It’s you to think of a hostel which suits you. If you are a student, the look for students hostels. They will tend to to be cheap yet offers a great deal of services which you ll find are offered by other hostels.
Consistency is key
Look at the consistency of the reviews. Several people are spoilers and they can write a bad review just to drive away customers and not because of the fact that the hostel is in a bad state. It can also be due to a competitor hoping to pick customers away from a good place. So look at what is more consistent, it is a bad review of a very good one?
Occasionally even a good place can get bad scores. If you find one bad review in two other good reviews, then you can ignore the one review.
Look for a clean hostel
A clean hostel will not have the the challenge bedbugs together with other issues. The hostel management must put policies which enable cleanliness of the hostels guaranteed. At no given time should bathrooms be disgusting.
There is a cleanliness policy within the hostels which all students should observe. The management of the hostels should likewise put in place mechanism to ensure the hostels are clean.
Consider your room type
Many hostels are shared room hostels. For college students, shared rooms aren’t such a big issue but for travellers, you need to ensure that if you happen to be going for a hostel booking, it’s not shared by many people.
Many hostels offer either ensuite bathrooms or shared bathrooms. You will also find privacy curtains fitted between beds to offer privacy to students. These go a long way to helping combat any privacy or light issues relevant to having a handful of other roommates.
Gender-specific or mixed dorm
Hostels can be mixed gender or one gender. Ladies only hostels are normally expensive compared to mixed hostels. As you book for your hostels, you need to clearly indicate your preference or insufficient preference. Most girls only hostels are expensive when compared with mixed hostels.
Choose your location wisely
Pick a hostel which isn t located where transport is challenging. The location should also be conducive for studying or silent stay. If the hostels are for the student, they should not going to be too far away from the institution of learning like over a kilometre away.
Consider what facilities you need
Some hostels get more accommodation compared to other people due to the facilities being offered. A hostel requires proper security, stable WIFI, smart TV, spacious living room as well as outdoor space for outdoor resting. These are just some of the facilities which is be found in a hostel.
Many companies or individual may be offering hostels in your region. You need to check and see if they’re a student or common hostels for travellers.
Common area
The common area is where anyone can story tell, watch television or merely relaxing. It should have chairs as well as WIFI connectivity, television and a table. The common area should be enough to accommodate all the occupants considering theof a given facility.
Knowledgeable staff
Employees choose to make any business, and when I find the staff of hostels helpful, knowledgeable, and friendly, I like that place a lot better. A hostel is like a home, and you want the people there to welcome you like a long-lost family member. I never understood why hostels don’t recognize that being a hostel is not about being a cheap place to stay, it’s about creating a warm environment.
If you are looking for hostels in Kisumu or Hostels in Kakamega, then you can visit West Kenya Real Estate hostels page for information on the available hostels, associated services and costs.

Real Estate Developer Kisumu-Factors to Consider when you build an Apartment

If you would like to think about investing an apartment building, there are fundamental factors which you need to take into consideration before you invest a single coin. The end result and return thereof which largely employ how well you addressed those factors. As a property developer, it’s our business that will help investors make right decisions before investing any money in a real estate property.
Here are the factors to consider when investing in a real estate property much like an apartment.
1. Cash Flow
Will the property bring net positive cash flow? Simply put; will I make profit from this investment? This is very important to ask providing you with assess the market critically.
What will help you make good judgement here depends upon these factors;
The demand in the local marketplace for unitsIf there’s a huge demand out there, you will not experiencing a long vacancy period. This will confirm you start getting returns immediately the property is completed and even when a tenant gets out, the time it takes to bring in another tenant will be a short one.
The type of market you would like to invest inThe type of market will dictate the huge amount you can charge as rent. If you operate outside the expected range, you will definitely miss out on tenants. Therefore the market will impact directly on what you may can receive as rental income. There may be estate were a two bedroom unit in an apartment attract monthly rental income of between Ksh.20, 000 and Ksh30, 000. Exactly the same two bedroom unit if moved to another estate will attract a maximum of Ksh15, 000.
The cost of financingIf the price of capital or finance is high, the return will be reduced. If you secure financing at an interest rate of less than 10%, then you certainly stand a chance of constructing good return from the investment than if you secure funding at an level of interest of 13% or more.
How much your down paymentThe amount of deposit you make will reduce the funding required hence the costs associated with financing. If you locate a deposit of 40% of the cost of the project, then you is only going to look for financing of 60%. If another person places a down payment of 20%, the remaining 80% will most definitively be financed by debt capital hence more interest expense.
Once you have stare upon all these points, you then need to ask whether you’ll make money by investing in the property you have in your mind? If you don’t have a good clear answer, look into a property developer who offers consultancy or financial analyst.
2. Appreciation
You need to try to ask yourself whether the place you prefer to invest as the good potential of appreciation of property value and rental over a period of time. You need to invest in a place where rental income inclined go up and definitely not down over quite a while.
If you buy in an estate where rental income or property value rarely appreciates, then you are putting your money into a high risk area. If the value does not appreciate, there is a high chance the fact that the value will come down over the same length of time analysis.
5. Risk
Risk is something to plan for. It’s said that you expect the most beneficial but you prepare for the majority. You need to ask yourself are you aware of what happens if all your assumptions were wrong. If you expected the units to remain fully occupied or at least 70% occupied and now you only attain 35% occupancy? You expected the value of the property to go up enabling you to secure funding but today the value has dipped?
When you plan very effectively the risk, you are adequately conditioned for any outcome. Before investing in any property development project, assess the risks involved and then judge if you will still make money if the risk occur.

For more information on real estate developer kisumu service, contact us, WEST KENYA REAL ESTATE.

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