Last week we saw why all serious real estate investors should be visiting Ruiru, not just for the tasty roast meat at Kamaki’s or fish at wakalucy (pronounced wakarucy) but more importantly for its investment potential. Click here to read part 1 of this series. I would like us to zoom into different parts of Ruiru and see whether there is an opportunity or not. We will look at the history, present and...
If you are buying shares, you would normally want to have an analyst to tell you which shares will give you the best return. Better still, you would like to know which shares your stock broker is buying. "Anybody who plays the stock market not as an insider is like a man buying cows in the moonlight. Daniel Drew". Allow me to analyse an opportunity for you and give you insider information. Let’s use a...
This series on #howtogetthebestdeals will have several parts. I will aspire to be as comprehensive as possible to give you value for your time. I truly appreciate that you keep reading and sharing these articles. I also appreciate our blog sponsors Tajicakes and our newest sponsors White Guava Event Planners and Kilele Coffee Co. We begin by discussing how to get the best deal when buying a...
I will be doing a series of articles about #WhereToInvest. I will start with future cities* (Master-planned cities) because this is where the future is. I have been to these cities and i'm convinced that you should also visit and experience how the future looks like. 5 years from now, (where will you be?) these cities will be complete and you don't want to say "I wish I knew". They are also quite...
With the new normal and reality that Covid 19 has introduced, we need to be versatile and not act "normarrry" even when it comes to spending the little money that's still circulating in the economy. We all know of a person or family that has had to move out of their nice apartment to a cheaper place or even back to shags. Things are thick and we still don't know how long it will take for the economy to...
At various stages in life, there are certain things that you consider as a "rite of passage". Let's take a few examples When you are in high school, you want to finish and go to the university. When you are in the university, you want to graduate and get a job. When you get a job, you want to buy a car and get married... in whichever order. When you get married, you want to get kids. When the...
"Hedonic" literally suggests that the buying of the target property, and hence living in it, is a source of "pleasure". The better (and hence more expensive) the property, the higher this specific notion of real estate pleasure, stemming from property characteristics leading to such sensations: a nice view, proximity to services and pleasant life, the presence of an elevator, safe and sufficient parking...
This Covid19 season has taught us that only the versatile survive. Nothing is certain but death and taxes. Benjamin Franklin 1789 Versatile will have the meaning of multipurpose or adaptable. What does versatile look like in real estate? Residential house If you are planning on building a residential house, you can consider the following; Design it to have a home office or workshop or whatever...
Let us define the two scenarios Consumer good Looking at home ownership as a means of satisfying an immediate need, e.g., I want to be close to a certain school, or a certain office etc Buying or building a property that will NOT appreciate in value. Read how stand alone houses depreciate in value and how apartments depreciate in value Realizing that by the time you pay off the loan / mortgage...
A few weeks ago, I learned of a young man (let’s call him Peter) who had lost his job because their organization had shut down it’s operations and sent everyone home due to COVID 19. I can imagine the confusion and pain of not being able to provide for his wife and 2 young kids. I’m sure this is the unfortunate situation in many organizations. I’m writing to John and other young men like him....