Include deposit handling in the turnover calculation, but keep it separate from the rent negotiation. If the tenancy ends, document the condition carefully and deal with deductions and repayment according to the agreement and applicable local requirements. The deposit should not be treated as a...
I am less comfortable than oscar.stewart sounds. KES 3,354,000 is a fairly narrow buffer relative to a KES 184,500,000 purchase, especially while closing costs and inspection findings are still estimates. I would not decide on allocations until the inspection has priced the urgent work. Buying...
For local expertise, I’d want evidence tied to this particular building and student market, not broad claims about Nairobi. Ask how they would establish achievable rents, expected lease timing and the academic-calendar effect; then ask what independent material supports those conclusions...