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Should I hire a property management firm?

Yes,There are many reasons you may need one, such as: ·          You don't live in the same city as your property. ·                    You are a busy professional, and don't have the time to constantly keep calling brokers to remind them of your property, or keep showing your property to potential tenants. ·                    You don't have the time or inclination to deal with all small issues that your tenants keep bothering you with.  ·                    You just can't find good tenants, who will maintain your property well and pay your rent on time! So, how does a Nimmadhi Property Management firm help? To start with it takes the responsibility off your shoulders. The company is now responsible for finding a good tenant, and keeping the property tenanted for as long as possible. Now, why is a property management company able to do this more effectively than you? Few reasons: ·          Nimmadhi property management have the netwo

10 Easy Ways to Save on Energy at Home

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Want to cut energy cost at home? follow these simple tips: 1. Minimize Phantom Loads The term “phantom load” refers to the energy that an appliance or electronic device consumes when it is not actually turned on. According to the  U.S. Department of Energy  (DOE), “In the average home, 75 percent of the electricity used to power home electronics is consumed while the products are turned off.” A report from the University of California Berkeley says that phantom loads account for about 6 percent of all national residential electricity consumption. You can eliminate phantom loads by unplugging appliances and electronics when you are not using them, or by plugging them into a power strip, and turning the strip off when they are not in use. For more information, see  Save Energy, Eliminate Phantom Loads . 2. Use More Energy-efficient Appliances If you are shopping for new appliances, make sure to look for the Environmental Protection Agency’s Energy Star label before making

How To Rent Your Property Out Faster – A Guide

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Renting your property out is, by and large, a compromise between finding the right tenant and getting the right rental value. This makes the process a long drawn affair with time spent between brokers, meeting multiple tenant prospects and many rounds of negotiations leading to a loss of rental income for that period. These factors, although unavoidable, can be expedited by nimmadhi taking care of a few important points. The rental process Nimmadhi Quote an optimal rental amount Nimmadhi reviews your property against those in nearby localities. And compares rent how long such properties are vacant. Weigh out the pros and cons of your property in terms of access to transport, shops and other amenities. Set your expectations with an upper and a lower limit based on these factors, but remember to take into account the negotiation stages of the deal. We  Market your property EVERYWHERE Many home owners just post their property listings on a few portals and

Retire On Rent

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​ And spend your days on an exotic beach? Sounds too good to be true, eh? It need not be. It’s very possible to achieve this with the right strategy and planning. Let’s consider the event of “retirement”. There are 2 ways to “retire”, which is considered a time where we stop actively working to earn an income.  This first way is to build up a corpus, so we can live on our savings. The challenge here is to know how much we may need, and for how many years we may live, especially given rising prices, medical costs, and longevity trends. The second option is to build up streams of passive income. Rental income is the surest form of passive income, where not only do the rental returns increase over time, your capital (property value) also increases, especially in a country like India. Its also one of the most safest forms of investment. Earlier, the stock market helped you retire. But you never really have full control of your investment. It’s often said “Try buying a stock bel

NRIs Guide to Buying Property in India the Easy Way

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  An NRI or a Non-Resident Indian can buy, property in India with ease. It’s not as complex and time-consuming as it used to be earlier, now with the help of Nimmadhi you can get all that you need doing within a few days! First, you get an insight into what property an NRI can buy, what documents are needed, how to fund the purchase, how joint ownership works, taxes for NRI property in India, POA, and all the services Nimmahi provides NRI customers who are looking to buy property in India . What property can an NRI buy in India   To buy residential or commercial property in India is pretty easy once you have your funds sorted out. But it’s important to note that an NRI has to get special permission from the RBI and the government if they are looking to buy agricultural land, plantation property or a farm house in India. Documentation that an NRI needs to buy property in India           The good part is that you don’t need to show too many documents when you are look

Happy Living in Rental House

one of our long-term tenants has given a valuable review about our services. We address issues reported to us by client or tenant on time without any hesitation.We take this opportunity to thank our team without whose efforts such accomplishments cannot be received. Our sincere gratitude for the tenant in sharing their priceless feedback regarding Nimmadhi's service and assistance.

Nimmadhi Commercial

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