shaitan unajaribu kutoa quotes kwa bibilia ndio at least waogope na bado hawasikii,he he he,
Lakini wakati wa elections si ulifurahia sana wakifunga manyumba watorokee nyumbani? Sasa wamerudi na ubaya utajua hujui
subcounty hawakuhama tumezoeana hata baluyha za kawangware hazikuwa zinataka kuwaona zilikuwa zinawaita traitors
Lol…
If you don’t have the money to build middle to upper income houses, just avoid the stress all together and put your money in a fixed deposit account. You’ll get like 10% free money every year, which is around the same return for a fully occupied rental.
Or you just buy government bonds.
Houses whose rent is below 20,000 per month are full of stress.
Only a matter of time before Subcounty ikue Chavakali ndogo
hata hizo pesa huzipati pamoja,leo unanunua mawe,next month mchanga,baada ya miezi sita ballast na kadhalika after a few months unapata kidogo ya labour kazi inaanza with no completion time frame,huku chini tunaumia baba
Niaje mujamaa wa mitura, pigsty ulimaliza …
First, no fixed deposit account will earn you 10% per year. Secondly, if you buy government bonds that yield 10%, you still won’t build equity like in real estate. Lastly, that interest rate does not rise every year or two like rent. So, a person investing in property will always come out on top. However, he has to employ an agent to ensure that he is paid on time.
KCB goal saving account targeting the hoi polloi with as little as Sh1000, is giving 8.5%. Take your millions to them and bargain for a better rate.
Some banks and saccos will give you even 12%.
You will receive a consistent annual cashflow with no expenses attached. Basically free money.
Rental properties comes with so many strings; Default, some units staying unoccupied, maintenance, workers salaries etc.
Not to mention the Kenyan way of doing things. First you buy grossly overpriced land and it goes idle for 10 years. Then you build a floor every 2 years. That’s basically money left lying down.
Capital gains on the property might make real estate the better option, but not always. Especially in a country like Kenya.
In 20 years you might learn that you built on a road reserve, or in a controlled estate, or structure is unsafe or a million other things.
If you’re looking for a stress-free life, put your money in a fixed deposit, or mutual funds, or buy government bonds. You will have a salary for the rest of your life. And if you re-invest some of interest, it is an ever growing salary.
Halafu hua wanaharibu nyumba unashinda kuita electrician mara plumber… Exhauster inakuja like every two months…
kwa choo hata usiongee niliweka tuasians ndio wasirushe takataka ndani ndio exhauster ziwe zinaweza kusuck bila shida wakapasua,na hawawezi sema ni nani,wiring wanaenda nayo yote ukikaa mbaya
Kuna landlord najua walikuwa wanangóa milango tenant akiwa kichwa ngumu, wale wana pesa na hawataki kutoa. Wengine hungóa mpaka mabati tenant analala akihesabu nyota.