Property Management

Property Management

Property Management is defined as the administration of Residential, Commercial and/or Industrial real estate. Property management typically involves the managing of properties owned by another party or entity while preserving their value and ensuring that they generate income at full capacity.

We at Birungi Finance Solutions Limited BFSL offer property management. We manage properties on behalf of landlords to preserve the value of their property/s while generating maximum profits. Properties we manage include residential, vacation properties, commercial retail space/shops and industrial warehouses. As Property managers, we pay our landlords all the expected income from their property/s at the beginning of every month and we recover it from their tenants. This is so because we treat each of our clients’ properties as if they were our own, every detail is accounted for and recorded for future references. Monthly Income Statements to landlords are mandatory and we make sure that they are made and forwarded to our clients so that we can move at the same pace with them. This also enables them to do a follow up on the performance of their business properties.

How do we maximize Landlord Profits?

Our main goal is to maximize profits for our landlords/clients. This is done through getting the best and highest market rent rate for their properties. We aggressively advertise the vacant premises and also screen the interested applicants to enable us get the best tenants.

BFSL has multiple responsibilities to its clients and our property management services include marketing/advertising the property, screening tenant/s applications, collecting rent dues, responding to landlords or tenants’ requests/ complaints and arranging or advising on repairs when needed.

Property Management is comprised of activities like finding tenants, screening tenants, collecting monthly rent, handling emergencies, preparing monthly income statements for the landlords and also dealing with tenant evictions

Why you should join us!

Our property management services bring benefits such as; full and timely rent payment, less stress, best rental rate, property advertisement, renovation financing, maintenance of the property value, more freedom to focus on other profitable ventures and others.

NB: Landlords receive their payment fully at the beginning of every month on agreed and specific dates under the guideline set in the management agreement and this enables them to meet their planned obligations. Landlords’ payments are made on 10th for commercial properties/shops and on 15th for residential properties every month. The mode of payment is chosen by the landlord but normally, Birungi Finance Solutions Limited BFSL pays by cheque or by electronic transfer to respective bank accounts of each landlord’s choice.