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Thursday, 15 February 2018

DIFFERENTIATING HOUSING FROM REAL ESTATE

Myths about life lead many people to fear and wrong decisions. Until Galileo Galilei boldly stood for the fact that the earth was spherical the entire world was deceived by the myth that the earth was flat. People lost the opportunity of discovering new possibilities through travelling as they feared that continued sailing on the oceans would lead to falling into a precipices at the edge of the flat earth. Likewise many Zimbabweans lose the opportunity of real estate investing today because of flawed decisions due to a myth I also grew up hearing that people are prohibited to own more than one property. Like Galileo Galilei I would like to clear this confusion through this article aptly titled Differentiating Housing From Real Estate. 

Wednesday, 31 January 2018

DUE DILIGENCE OF IMMOVABLE PROPERTY - AREAS TO LOOK AT AND THE REASONS WHY THEY ARE IMPORTANT

Many buyers of immovable property are not aware of the things they should look for when they intend to invest into real estate. As a result most people are defrauded as con men take advantage of such loop holes. In this article therefore, we will look at areas that a potential investor should look at and go a step further by explaining why these areas deserve attention. Explaining why attention should be given in the areas mentioned will also help a regular investor together with the novice because some people ignore certain things in property investing due to a lack of awareness about their importance. So I believe this article will be an eye opener to both veteran and newcomer in the real estate investing business.

Monday, 11 December 2017

Of far-reaching Zimbabwean economic changes, hope and where to find bargain investment properties in the possible new era!

Patrick Chinamasa Zimbabwe’s finance minister last week presented a budget that can successfully turn around the country’s economy. This brings hope to millions of Zimbabweans resident in the country and those scattered in the diaspora who have been experiencing hardships for a long time since the infamous black Friday of 1997.  Positively commenting on the budget various economic analyst from industry organisations like CZI, ZNCC, ZCMA, CCZ, OEAZ, ZCFU etc said the budget’s masterstrokes were serious measures to cut government expenditure and the revision of the Indigenisation Act so that the 51:49 threshold would only apply to diamond and platinum sectors an independent weekly The Standard reported on Sunday 10 December 2017.  There is no doubt that the possibility is now there that investors can come into the country and increase the much needed FDI. As a result property investors also will soon become liquid and property dreams will become reality. This therefore, should bring us to talk about one of the serious problems that property investors usually face in the property market and my various proposals about how can this be resolved.

Tuesday, 21 November 2017

Practical ideas on how to earn profit from property investing in Zimbabwe?

Being aware of the common mantra " you never go wrong with property" is one thing but having
practical business ideas that helps in making a profit from property investing is another. Indeed, you can go wrong with real estate and become bankrupt if you nose dive into it without proper ideas about how to do it well. Conversely, if you invest grounded in the right ideas real estate's qualities like security of income and value appreciation can take you to a whole new level of profit making. In my career as a property consultant I have benefited from important lessons I learnt from some of my successful clients worked with for years. One of them who is an MD of a major organization in Zimbabwe has at least five properties that are as we speak are accumulating both rental and capital value for him.  Here are some of the things that I have learnt to be behind his success.

Wednesday, 8 November 2017

ASPINDALE PARK A HOME SEEKER’S DREAM COME TRUE !

Home seekers have a dream. A dream of a place that they can call home because after a day’s hard work the environment is conducive for them to recuperate in peaceful rest. A place where their children’s dreams about being great in life can nestle. A place where all these great things happen because it has uncompromised installations of such critical things like sewer and water. A place where all these great things happen because there are schools, medical facilities in the vicinity plus security of persons and property.  In Harare one of the new residential developments in which this dream is being realized is the gated community called Aspindale Park in the south of the capital. This week this development caught my attention ahead of similar ones  because its being done at a bigger scale. I will therefore, take a look at some of this place’s amenities on and off site about which prospective home seekers may want to know.

Tuesday, 7 November 2017

SELLING YOUR HOUSE ? THREE REASONS WHY YOU CANT DO IT YOURSELF (DIY).

Selling your house is a process about which DIY (do it yourself) doesn’t work. Many people tend to prefer the DIY way when doing various things in their lives. Probably, this is the reason why some manufacturers sell refrigerators with some parts like handles not installed but having some kind of inlets for the consumers to do it themselves. There can be many reasons why people prefer DIY. These ranges from the contentment that comes after one successfully achieves a personal task to the possibility of saving the hard earned money. Selling your house however, is something that you cannot achieve the DIY way because you compulsorily need help from other people who have trained to give special service to the complex process of selling immovable property. There are many reasons why this is so but here I will give three. 



Friday, 3 November 2017

ROOM TO RENT MNT PLEASANT - BECOMING VACANT END OF JANUARY 2018

This is a single room that can offer affordable accommodation to a single person in the quiet  low density suburb of Mnt Pleasant Harare. The quietness is also ideal for students especially from the nearby University of Zimbabwe since studying at any level require such an environment.