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Financial Mistakes Landlords Make and How to Avoid Them: Part 2 (Caution Fees)
In Part I, we discussed the issue of “Property Management by Non-Professionals” as a financial mistake landlords make. In Part 2, we will focus on the mismanagement of caution fees, also known as “additional rent,” by some landlords. One common financial mistake that landlords make is mishandling caution fees. Caution fees are security deposits made […]
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The Secret to Solving Tenant Headaches Quickly with Landlord Heaven
Tenant management is the most delicate of the many moving pieces in property management since it involves people. Experiences with tenants over the years have left different tastes in the mouths of landlords, sometimes not so pleasant. For instance, Mr. Gbenga, a landlord in Anthony, Lagos, described how his tenants connived to delay rent payment […]
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How We Helped This Yaba Landlord Earn 50% More On His Property
Mr. Jolayemi was one of our early referrals who was hesitant to meet with us due to a bad previous experience working with property managers. He said that they didn’t address any tenant issues, including the damage tenants were doing to the property, and that all they did was supervise activities like cleaning the compound […]
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Financial Mistakes Landlords Make and How to Avoid Them: Part 1
“Take it from me, bad tenants are bad investments. I sold my house at a loss after all these years, to what end?” – said an emotional landlord. The above statement is one of the many variations we have heard landlords make. The joy of owning rental property, the dream of great ROI and the […]
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How Landlord Heaven is tackling the big issues landlords face in Nigeria
The experience of owning rental property can be either rewarding or a complete nightmare. In Nigeria, acquiring rental property that gives you the title “Landlord” is viewed as a laudable accomplishment and confers on you some level of respect in society. Unfortunately, owning rental property comes with its fair share of difficulties. Most Nigerian landlords […]
