Flats for sale ...

What’s your take … [ATTACH=full]247243[/ATTACH][ATTACH=full]247244[/ATTACH][ATTACH=full]247245[/ATTACH][ATTACH=full]247246[/ATTACH]

Birrionarres wamekata kununua nyumba siku hizi hadi bei irudi chini, investors muko na shida.

so that’s your take … haha

Hakuna mbillionaire atalipa 125k per sqm for real estate in Kenya ,the math isn’t adding up

makes sesnse

Hizo apartments ziko kileleshwa angalia vizuri kama zinanunuliwa, bei inazidi kuteremuka.

true…

An average doctor in this country earns about Sh110,000pm after tax. An average teacher earns about Sh25,000pm after tax. An average bank worker earns about Sh30,000 after tax.

WHO THE HELL ARE THESE HOUSES THAT COST THE EQUIVALENT OF A 100 WORKING YEARS TARGETED AT?

Kina alpha males wa ktalk wacha wakuje.

There is no law against separating a fool with his own money. I can invest half that amount in normal businesses and be able to rent three units, forever.

Buying a house hanging in the air is tethering yourself to the same place like a goat

akina luttos , kidesh , sonkore , konyagi relatives , waikuru etc name them

yes …

we are looting our children’s future and investing the money in sand, cement and steel.

I simply don’t get it. If you have Sh10m lying around, instead of investing it in bricks and mortar with all the attendant troubles, why not put it in long-term Treasury bonds (for about 20-25 years) and get a nice passive income of about Sh550,000 every six months? With this you can get a dope apartment for Sh60,000pm and still have about Sh30,000 each month to ball…

Is this a realistic yield?

m-akibq walitoa ushuru

Here is my take na msiniletee umeffi because it is my opinion.
With that 14.3 million, I can buy a new plot, build rentals and collect 143k per month minimum. Renting that apartment will cost me 60k max. By using rent (143k) to pay rent (60k), I can afford to live forever in that apartment as a tenant with 83k positive cashflow. Note that I am using income from real estate to pay rent so I am naturally hedged against rent hikes and the risk profile of the investment is the same unlike starting a business which naturally has more risk. So, my strategy affords me that lifestyle and leaves me with 83k per month extra income.

Only fools buy such overpriced real estate. The tenant benefits more than the landlord. Be the tenant but most importantly, use that money to invest in a better real estate deal. Use rent from the better investment to pay rent in the overpriced property and pocket the difference.

Yes that yield is realistic. But what he’s referring to isn’t treasury bond but infrastructure bond.

Bad idea. Inflation will eat that 10 million. Bonds, unlike stocks or property, don’t have significant capital gains. If Kenya was to have a period of hyper inflation, your 10 million would evaporate. Treasury bills and bonds are never risk-free even when guaranteed by GoK. You risk hyperinflation.

All investments are risky… The stocks that you like because of capital gains could plummet to zero. Ask people who bought KQ shares at 125 shillings. Your houses may also lack tenants. The risk of hyperinflation in Kenya is almost zero.