One of the leading property letting and management companies in Kenya has launched a solution-oriented campaign dubbed ‘Landlord Bila Stress’ which is aimed at partnering with landlords and property owners in helping them to manage their rental properties with much more ease. The initiative, by PMC Estates, will see landlords take advance rental payments against their managed properties.
“Landlords can now take advantage of this advance payment and direct the funds to any of their priority areas including construction, mortgage or loan repayments or for their personal needs. The advanced funds shall then be recovered over an agreed period of time through rent collections,” says Peter Kariuki, PMC Estates MD.
The firm, which specializes in professional letting and management of both residential and commercial properties in Kenya, has introduced this initiative to further empower investors in properties to grow their wealth through mutual partnerships that will propel social and economic prosperity.
The ‘Landlords Bila stress’ initiative will provide a great opportunity which translates that landlords will no longer have to wait for the month to end in order to access cash. The landlord will also have an opportunity to access more cash than what the property is generating on any given month.
“This PMC Estates solution will offer landlords an opportunity to get customized financing to further help them improve the standard of their property, which will in-turn have a ripple effect on the rental value leading to more income,” says Kariuki.
He notes that PMC Estates shall not only commit to finance facelifts, improvements, repairs and renovations to ensure the landlords earn more from their investment but that the firm will also carry out a thorough inspection of the property to offer the owner, a detailed proposal with budgets on the needed works to be done.
“This is already happening with our current happy landlord partners and we are keen to enlist more property owners to take advantage of this great opportunity,” notes Kariuki. The company will also be holding Landlord empowerment forums in various satellite towns in the country to sensitize property owners on how they can take up and enjoy the incentives being offered.
For more information on other benefits and how to partner with PMC Estates Contact us:
Office Location: One Padmore Place, 12th floor George, Padmore Road Kilimani, Nairobi
Phone: 0700 350 350 / 0711 550 550