Goodmorning wakubwa... i am thinking of starting my own real estate management company.. i have like 10 plots from my relatives that i want to manage? They have all given me the go ahead to start the managing.swali ni what are the dos n donts? How many pple to hire? What rules should i impose on the tenants(have my own).? Government tax? I just need your point of view? Asande sana
I am going to tell you something you will not want to hear. Avoid mambo ya familia. This is not going to end well, either you or them, someone is gonna screw the other. Words and promises aare sweet but story na pesa in families nimekataa esp in Kenyan families. I am speaking from experience, my mom is a landlord and mambo ya relatives amekataa.
When you say they have all given you the go ahead, who is 'they'? The owner and wife plus kids or who? The day you upgrade and your business improve utaona moto.
Summary: wachana na mambo ya relatives.