In part 1 of this series we talked about living your dream during retirement. We also said that you shouldn’t finance this dream using your pension. Click here to read the article. Let’s see how to finance this dream. A wise kikuyu man once said that when you have a need, you take hold of your own goat and either slaughter it or sell it. We are assuming that you are a rational investor in real...
"Sometimes people don't really know how to assess their future needs"Charlotte Dougherty. Certified financial planner. Have you been thinking, either actively or passively, about retirement? Would you like a few real estate suggestions to be better prepared for the next phase? Retirement is the “last phase” of your life.Valuer Kariùki, MRICS Follow your dreams Do you dream of...
Material blue gum poles 3*2 timber 5*6 timber 10 sheets marine boards 6*1 timber 75kgs 3" nails 300 metal trappers In week 7 the contractor started preparing for the slab- to be done in week 8 they started by placing the 3*2 poles on the shortest side of the room. They added the poles as a support structure. For sides that would require minimal plaster, we placed marine...
Week 5&6: Materials Stone- yellow natural stone- 600ft Yellow machine stone- 2000ft Rock sand- 22t lorry was not completed Cement 30 bags DPC 2 rolls In week five we started the walling of the house. We slightly changed the design by removing the pantry. In addition we decided to incorporate 3 courses of bush-cut zero joint stones in the first 3 layers of the house. We...
I had a conversation with a furniture and interior designer about business growth. She has made some great furniture pieces for my house. Her business is called Tira studio and she has a showroom on Ngong road. Check out their website https://www.tirastudio.co.ke/ for their end of year clearance sale on timeless furniture. Tira Studio Business secret She told me of a business secret that she...
I had a conversation with a Kalenjin friend about investing. His views on investing contrasts with mine so much. Before I break down the facts and myths, I wish to tell you a short story. A story about a young bride A young bride was seen by her husband breaking the legs of a chicken before placing it in the oven to grill instead of placing it whole. Her husband inquired the reason for that and she...
This week the contractor finalized on the masonry work in the foundation. Depending on the height prescribed in the drawing, the foundation had about 4 courses in the higher sides and up to 7 courses in the lowest land levels. Backfilling The backfilling also took place this week. The contractor returned all the red soil into the wall space, then left a gap of about 1 foot to the top. the...
The question of where to invest is common for investors before they can commit their money to any investment. It is not any different when it comes to real estate. It is of equal importance to know where it is to invest. A friend mentioned about the investment potential of Lake Elementaita. I have been there on holiday with my family twice. It’s a beautiful and affordable place. Not too far from...
I asked this question on Facebook and it elicited a lot of reactions. In case you haven’t seen the question, here it is; If you are a single woman and you buy or build a house, then you get married, would you allow your new husband to move into your house? Why or why not? After a very successful debate, I feel like “addressing the nation” in my capacity as a valuer and real estate...
Materials Ballast Cement sand stone Hardcore Quarry dust Metal bars for the beams and columns 6*1 wood to form frames for the beams The structural engineer this week made his first site visit to confirm the contractors had reached stable ground where they could construct the foundation of the house. The trenches were about 3 feet deep. The strip footing...