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From the blog

The opportunity cost of owning a car in Nairobi

  Description Cost per month Monthly total Cost per year Sub total Total Cumulative Initial cost 1a Purchase a “new”  ex Japan car. 1,000,000 1b Install car tracking system, sound and rims 80,000 Running costs 2a Fuel of Ksh 500 per day to go to work and back 6 days[…]

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Are you ready to get fired?

First published in 2014 In year 2014 alone, several companies have closed shop or fired massive numbers of employees in Kenya. Colgate Cardbury’s Eveready Unilever Tata Chemicals Cooperative Bank In the Nyayo days, the IMF, World Bank and other international organizations would weigh in on the government to retrench civil[…]

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#tobuyornot Thika Greens Golf Estate

Five years ago, I worked in Thika as a valuer. I wanted to be acquainted to all the developments in this fast growing town. One day I decided visit Thika Greens. Then, the only buildings in the compound was the site office and 3 model houses. Then ¼ acre plot[…]

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3% mortgages could ruin you

Jane, (Not her real name) called me last week and told me that she had been referred to me by her elder brother for advice on real estate. Jane was very excited about the 3% mortgage and car loans that the Government is giving to public officers. In fact, when[…]

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At what point should I STOP SAVING?

My people, the sons and daughters of Gikuyu and Mumbi are known to be super savers. Am sure we all have examples of men and women who are continuous savers and rarely get time to enjoy the money. Mr Kamau (not his real name) runs a successful business in Nairobi[…]

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Covering our parents

John (not his real name) has been my friend for many years and he shares with me about his investment plans. The other day he told me something that left me thinking about the future. John and his brother Peter are the only children of their single mother (call her[…]

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You can be a LANDLORD

A few years ago, there was a company that was tendering to transport university students from Nairobi to Machakos daily to attend classes. They had an interesting concept. While their competitors were looking for a 1 year contract, they wanted a 5 year contract after which  they would surrender those[…]

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Want to invest Kshs 2 Billion?

Are you looking to invest Kshs 2 Billion? This is how. There is an almost 200 acre parcel of land for sale in Limuru, in my opinion, this land has an unprecedented potential. When i saw this land advertised, I thought to myself, “who would be most suitable to benefit[…]

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3 steps to buy in real estate

Write down what you are looking to buy. Be as clear as possible. Eg 5 acres in a high altitude area (above 2000m) suitable for eucalyptus tree farming within a total budget of kshs 1 million or 4brm town house with SQ in syokimau  within a gated community. Budget of[…]

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