Property Valuation and Sales in Kenya, Rwanda & United Kingdom

Is Investing in Real Estate in Kenya Worth the Risk? Introspective questions

Think critically, not fearfully Have you listened to a politician discouraging you from investing in real estate? Have you believed him? What does he know about the laws stopping banks from owning real estate and the requirements in the pension/insurance industry to allocate about 20% of their investment to real estate?  Do you think that all these people who are building flats and own houses don't...

Embracing Change: The Future of Real Estate Security.

TRASSIR AI-Powered CCTV Cameras I’ll admit it—I’m not a tech-savvy person. For years, I resisted upgrading to a smartphone, stubbornly clinging to the belief that my “mulika mwizi” which was capable of calls, SMS, and MPESA, was more than enough. Back in 2011 and 2012, I saw no reason to adapt to the changing times. After all, why fix what wasn’t broken? But time has taught me a...

How to make the right decision when investing in Real Estate. Part 1 (Introduction)

I have been working as a valuer and estate agent in Kenya for more than 13 years and I have observed that people are afraid of making a wrong decision when it comes to real estate investments. These people shy away and end up losing big opportunities in the long run. We all want to own real estate either as a passive form of income, as an investment, or for self-actualization. Real estate investments...

Lease- build-operate-transfer.

You don't need to own land to become a landlord, let me show you how using a case study. DescriptionWorkingsPlot size50 x 100 or 0.045 ha or 450 sq metersType of houseBedsitters / studio apartmentsNo of levelsOne floorSize of each unit17 sq meters or 193 sq ftCirculation / open space30% of plot size (approximate) 450*0.3 =135 sq metersArea available to build450-135 = 315 sq metersNo. of units that can...

To buy land or bonds?

A government bond is a debt security issued by a government to support government spending and obligations. Investopedia.com In my understanding, a government bond is where the Government borrows money for infrastructure and recurrent expenses like paying salaries etc. They call it budgetary support. Imagine having to borrow money to consume and some of the money meant for infrastructure goes...

Why Unity Homes?

11 reasons to give you comfort as you invest in Unity Homes Over the past several years, I have written several articles concerning Unity Homes apartments, sold many apartments to happy investors and I can now confidently write this one. Click on the links at the end of the article to read the previous articles. Location: Tatu City is Strategically located - 15 mins away from Thika Superhighway...

How to know that you are about to buy “Hot air”

You are buying a plot that you haven’t seen. I once drove all the way past Rumuruti towards Maralal to see a parcel of land that was on sale. The seller was a popular Sacco that had advertised that the plots were fronting the tarmac road that connects Rumuruti to Maralal. What we realized was that they were selling land that was like 2 km from that road but since they knew that their members are...

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