Comprehensive Property Management for Owners & Tenants

Why Partner with Propertywise Property Managers?

Rental property can effortlessly fund a mortgage, but self-managing repairs, tenant turnover, and compliance is rarely anyone’s passion. Propertywise (T) Limited removes that burden with an experienced property management team serving residential, office, and mixed-use portfolios across Tanzania for owners living locally or abroad.

We combine honest communication with proactive building oversight so you can maximise income, retain happy tenants, and keep your asset in peak condition without daily firefighting.

Value for Owners & Tenants

Owners trust us to maximise returns and protect the asset. Tenants rely on us for responsive service and clear expectations. Our managers deliver both sides by:

• Maintaining strong vendor relationships for fast, affordable repairs.
• Screening and selecting residents carefully to reduce arrears and damage risk.
• Keeping detailed records so rent, fees, and maintenance decisions are fully transparent.

Core Services for Landlords

Evaluating & Positioning Your Property

• Advise on optimal market rent based on location, features, and condition.
• Source competitive bids for improvements from licensed contractors.
• Recommend value-adding tweaks to boost appeal and occupancy.

Tenant Screening

Comprehensive screening underpins financial security. We verify:

• Credit history and payment patterns.
• Rental references.
• Employment and income.
• Immigration status.

Preparing Lease Agreements

We use Land Regulations-aligned leases (typically 12–24 months) with renewal options. Owners can specify pet policies, utilities, landscaping expectations, and other clauses, while we enforce compliance consistently.

Rent Collection & Late Fees

Rent is processed immediately, with proceeds and statements issued within 48 hours. We do not hold funds awaiting cheque clearance; NSF cases are pursued directly with the tenant. Late fees trigger after five days, and warrants are filed if arrears reach the 15th of the month.

Repairs & Maintenance

• Dedicated rental coordinators manage all service requests.
• 24/7 emergency contacts ensure issues are handled promptly.
• Insured and bonded vendors deliver quality work at competitive prices.

Inspections

• Biannual property inspections with photos and detailed notes.
• Move-in walkthroughs to document existing condition.
• Move-out reports matched against move-in records for clear accountability.

Advertising & Leasing

• Professional signage, directional boards, and digital listings (including the Propertywise website).
• Placement in national, local, and corporate rental channels.
• Targeted print and mailer campaigns when required.

Financial Reporting

Owners receive monthly itemised statements covering rent collected, expenses, and owner draws, plus year-end summaries ready for tax filing.

Management Fees

• Procurement fee tied to advertising, showings, onboarding, and screening.
• Monthly management fee calculated as a percentage of gross rent.
• All fees invoiced with full transparency and tax documentation.

Service Experience for Tenants

Viewing & Application Support

Once a tenant shortlists properties, our managers schedule showings, accompany them onsite, and answer every question. Applications move quickly because we cannot hold properties off the market; tenants provide complete forms, income proof, landlord contacts, and identification to keep the process moving.

Security Deposits & Rent

• Security deposits are due at lease signing via bank cheque or cash.
• Rent is payable on the first of each month to Propertywise (T) Limited.
• A five-day grace period applies before late fees are assessed.

Commercial Property Expertise

Beyond residential rentals, we manage commercial buildings for private and corporate owners, focusing on:

• Lease negotiation and compliance.
• Programmed building maintenance and service contracts.
• Operating cost optimisation and service charge reconciliation.
• Comprehensive database management of financial, lease, and physical data.
• Full compliance with Tanzanian Land Acts and related regulations.

Ready to hand over the hassles of managing tenants and maintenance? Talk to Propertywise today to get a tailored property management proposal.