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Why You Need Property Managers In Ethiopia

As more and more constructions start to become completed, a large number of apartments in Ethiopia are flooding the market.

As more and more constructions start to become completed, a large number of apartments in Ethiopia are flooding the market.

And what’s been forgotten is that these apartments need to be managed.

In fact, the whole building needs to be managed as there are things such as water, electricity, trash, security, and more, that tenants do not want to be responsible for.

This is why it is beneficial to hire property managers to look after all the nuances which come with maintaining a property in prime condition.

Below are the main benefits of hiring a property manager for your property in Ethiopia.

  1. Maintenance – Apartments and even houses always encounter issues such as pests, leaks, molds, and more, thus having someone who can fix and repair these things is key. 
  2. Facility Management – In Ethiopia, it is a known thing that water and electricity are constantly turned off. As such, it is important to have a property manager who can manage things like water tankers and generators so that the tenant is kept happy. Additionally, there are also things like trash removal, parking, and security that need to be managed.
  3. Landlord-Tenant Agreements – Property managers are responsible for developing tenant agreements, doing background checks on tenants, and enforcing the agreements where possible. You can imagine this can become a headache when done alone. 
  4. Inspections – When you own an investment property, it is important that you have a property manager who can continually check the property for any damages made by the tenant. This is why a vetting process is important as mentioned above. Read More...
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