Investing in rental properties is one of the strategies for building long-term wealth and generating steady income. Whether you are a seasoned investor or just exploring your first opportunity, rental real estate offers a range of benefits. 1. Consistent Passive Income One of the most appealing aspects of rental properties is the steady stream of income they generate. Unlike other investments that may...

Owning a rental property is not just about collecting rent. It is also about preserving the value of your investment and ensuring a positive experience for your tenants. A well-maintained property attracts quality tenants, reduces vacancy periods, and helps you avoid costly repairs in the long run. Whether you're new to the business or a seasoned landlord, here are essential best practices to help you stay...

Stepping into the role of a landlord for the first time can feel like navigating uncharted territory. Whether you have acquired a second home, built rental units, or simply want to generate income from your existing property, becoming a landlord comes with both opportunity and responsibility. To make your journey smoother and more rewarding, it is important to understand the legal, financial and...

Selling a property is a significant financial decision, and choosing the right real estate agent can make all the difference. A skilled and knowledgeable agent will not only market your home effectively but also negotiate the best deal on your behalf. Before committing to an agent, it is important to ask the right questions to ensure they have the expertise, strategy and resources to maximize your...

Selling a property requires a strategic approach to ensure you get the best value. Whether you are upgrading, downsizing or liquidating your asset, avoiding common mistakes can make the process smoother and more profitable. Below are key missteps to watch out for when selling your property. 1. Overpricing the Property Setting an unrealistic asking price is one of the biggest mistakes sellers make. While...

In the process of securing a home to rent, signing a lease is not just about paperwork—it is about ensuring that every agreed-upon detail is legally binding and clearly stated. It is a crucial step that requires you to carefully review the details to avoid unexpected issues later. A lease is legally binding, and understanding its terms can save you from financial and legal troubles. Here are six key...

A security deposit is a sum of money paid by a tenant to the landlord at the beginning of a lease. It serves as financial protection for the landlord against property damage or lease violations. Renting a property often involves paying a security deposit, which is a crucial part of the leasing process. In Malawi, where there are no formal regulations governing security deposits, understanding how they...

Buying a house is one of the biggest decisions you’ll ever make. It’s a significant investment, both emotionally and financially, so it’s important to approach it thoughtfully. One important question in this process is: how many times should you view a house before buying it? While there is no right or wrong answer, viewing a property more than once is almost always a good idea. Typically, 2 to 4...

Selling your house is a significant financial decision, and proper preparation can make all the difference in attracting buyers and securing the best deal. Whether you are a first-time seller or have sold property before, understanding the essential steps involved can streamline the process. Here is a guide to help you achieve a successful sale of your house. 1. Understand the Market The first step in...

Buying your first home in Malawi is an exciting milestone, but it can also be overwhelming, especially if you’re a discerning buyer looking to invest in premium property. Whether you’re acquiring a luxury property in Area 43 or a modern apartment complex in one of Blantyre’s thriving neighborhoods, having the right knowledge is essential for a smooth and strategic purchase. As you set out to find...