What are your real estate needs?
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[…]
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[…]
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[…]
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[…]
“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[…]
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[…]
Today we look at stand alone houses. Recently we saw how apartments depreciate in value. Read more about that here Scenario 1 John* builds a stand alone residential house in an uncontrolled area with the following neighbors. Single rooms made of iron sheets on one side A hostel with 6[…]
For about a decade, I have worked as a valuer (some pronounce it as varier, others varuer). Click here to learn more about what a valuer does. I have seen properties appreciate in value from 1m per plot to 10 million per plot in 10 years. I have also seen[…]
Recently, a friend called me (let’s call him James) and said that he was coming to Thika road and that I should go and help him check out an apartment that was on sale. I went and found him looking all excited that he had found what he had been[…]