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LAND TO TRIPLE MY MONEY
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Hunderwear
#1 Posted : Tuesday, October 04, 2011 2:31:46 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
Hey wazuans,I got some cash around 1m that I want to invest in land and resell it to get atleast 3m!Any ideas of where I can buy land i.e where its likely to appreciate fast.Any place is welcome as long as it got potential!
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Chaka
#2 Posted : Tuesday, October 04, 2011 2:37:19 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
Hunderwear wrote:
Hey wazuans,I got some cash around 1m that I want to invest in land and resell it to get atleast 3m!Any ideas of where I can buy land i.e where its likely to appreciate fast.Any place is welcome as long as it got potential!


I suggest you talk to that farmer who had poppies on his farm...
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Mtu Biz
#3 Posted : Tuesday, October 04, 2011 2:44:56 PM
Rank: Veteran


Joined: 1/16/2007
Posts: 1,320

This land game is getting old fast.

Sola Scriptura
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TPK
#4 Posted : Tuesday, October 04, 2011 4:59:31 PM
Rank: Member


Joined: 6/17/2011
Posts: 129
Location: Nairobi
Hunderwear wrote:
Hey wazuans,I got some cash around 1m that I want to invest in land and resell it to get atleast 3m!Any ideas of where I can buy land i.e where its likely to appreciate fast.Any place is welcome as long as it got potential!


Why all the headache in buying land...we triple cash as you wait...lete the 1m deposit na ufunge macho....
As long as you're going to be thinking anyway, think big
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jamplu
#5 Posted : Tuesday, October 04, 2011 5:38:23 PM
Rank: Veteran


Joined: 3/25/2010
Posts: 939
Location: Nai
buy anywhere na utafute fala! mafala fulani can buy anything so long as ni land.
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QW25081985
#6 Posted : Tuesday, October 04, 2011 5:52:55 PM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
try a casino.....ati you sell at 3 millie ??? impossible

unless you buy access kenya stock...lol
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Hunderwear
#7 Posted : Tuesday, October 04, 2011 5:57:48 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
jamplu wrote:
buy anywhere na utafute fala! mafala fulani can buy anything so long as ni land.


Ever noticed everyone is a fala but at varying degrees.I wil keep looking.I know it is possible
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KenyanLyrics
#8 Posted : Tuesday, October 04, 2011 7:40:13 PM
Rank: Veteran


Joined: 4/16/2010
Posts: 906
Location: Nairobi
A fool and his money are soon parted.
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MrTyrus
#9 Posted : Tuesday, October 04, 2011 7:55:08 PM
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Joined: 2/11/2008
Posts: 126
Enda juja
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Lolest!
#10 Posted : Tuesday, October 04, 2011 8:58:19 PM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Hunderwear wrote:
Hey wazuans,I got some cash around 1m that I want to invest in land and resell it to get atleast 3m!Any ideas of where I can buy land i.e where its likely to appreciate fast.Any place is welcome as long as it got potential!

time frame??as in how fast is fast?
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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Hunderwear
#11 Posted : Tuesday, October 04, 2011 10:01:06 PM
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Joined: 4/14/2011
Posts: 639
Lolest! wrote:
Hunderwear wrote:
Hey wazuans,I got some cash around 1m that I want to invest in land and resell it to get atleast 3m!Any ideas of where I can buy land i.e where its likely to appreciate fast.Any place is welcome as long as it got potential!

time frame??as in how fast is fast?

1 to 3 years is what am looking at
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earthvoice
#12 Posted : Wednesday, October 05, 2011 12:47:13 AM
Rank: Member


Joined: 1/29/2011
Posts: 257
TPK wrote:
Why all the headache in buying land...we triple cash as you wait...lete the 1m deposit na ufunge macho....

Drool + Liar + Pray = Brick wall + d'oh!
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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ali
#13 Posted : Wednesday, October 05, 2011 7:59:24 AM
Rank: Veteran


Joined: 6/11/2008
Posts: 892
Its very much possible. Tafuta along bypasses, link rds. Machakos,kitengela, juja, ruiru are the hot cakes. C'mon guys, the guy is headed places and instead of encouraging him you want to bring him down. @hunder...u need be on the ground. The land being sold in konza @ 380k an acre, why not check more details? Pia isinya area, u can get if u go...yourself with a trusted local.
For in him (Jesus) we live and move and have our being-Acts 17:28
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Hunderwear
#14 Posted : Wednesday, October 05, 2011 9:49:44 AM
Rank: Member


Joined: 4/14/2011
Posts: 639
ali wrote:
Its very much possible. Tafuta along bypasses, link rds. Machakos,kitengela, juja, ruiru are the hot cakes. C'mon guys, the guy is headed places and instead of encouraging him you want to bring him down. @hunder...u need be on the ground. The land being sold in konza @ 380k an acre, why not check more details? Pia isinya area, u can get if u go...yourself with a trusted local.

Thank you ali can never be put down!not even by the devil himself.I already identified a local in Isinya to show me around.
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2012
#15 Posted : Wednesday, October 05, 2011 10:19:19 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
The problem of buying land to sell for a profit is unless you're a company it's very hard to keep to that strategy because;

1. You'll get attached to the land
2. You'll not find good/better land to reinvest the money in
3. Subconscious fear of selling then it appreciate further
4. The area begins to grow
5. They strike oilsmile

Anyway, all the best.

BBI will solve it :)
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accelriskconsult
#16 Posted : Wednesday, October 05, 2011 11:19:03 AM
Rank: Member


Joined: 4/2/2011
Posts: 629
Location: Nai
Hunderwear wrote:
Hey wazuans,I got some cash around 1m that I want to invest in land and resell it to get atleast 3m!Any ideas of where I can buy land i.e where its likely to appreciate fast.Any place is welcome as long as it got potential!



Hunder do not be discouraged as its already been done. Sample this,

Kitengela Peugeot SACCO - opposite Kitengela International School - 2km from main road

1/8 December 2008 - Sh 300,000 offered Sh 750,000 a week ago but not selling.

Sabaki -Ubora SACCO (KEBS) project

1/4 November 2010 - Sh 1.45 million (initial was 1.2 m but the mzee was sharpened by his workmates) - offered Sh 2.5 million in January 2011 but also not selling.

You may not get 200% appreciation but 100%+ is possible. I would recommend that you look along Mombasa Road and Thika Rd. Na usiuziwe road reserve. There is a road that is being built to connect ruiru to Athi River through Kinanie (part of the northern corridor project). Construction is already underway and is now 2km away from the main large sewer line that is near Kinanie. Wanandege property next to the sewer line was going for 800k per acre for members and 1.2m for non members. However all the plots are sold unless ulete 4m nikuuzie yangu (not a chance though because a themed city will be built just opposite the wanandege project. I would recommend that you explore that area.

If you decide to buy in Konza, I would go for the land next to the hill with masts on top...that is the future milimani of ICT city.

I can forward you some info on the themed city mentioned above.

All the best
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Wamutonyi
#17 Posted : Wednesday, October 05, 2011 2:14:10 PM
Rank: New-farer


Joined: 1/4/2010
Posts: 93
Even 4 times is possible talking from experience, ignore the pessimists like Jamplu. Look for areas that are yet to be invaded and those with potential of infrastructure development. Avoid very tiny plots, if you find an acre costing less than 1 million, you can later subdivide and make your money as you wish. Be careful not to lose everything and if the deal is too good, think many times before committing your money and have patience coz it could take some time.

Thika road is ideal though you will have to go further inside coz the ones near the road are grossly overpriced. Best wishes
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wanyuru
#18 Posted : Wednesday, October 05, 2011 2:54:45 PM
Rank: Veteran


Joined: 11/29/2007
Posts: 948
Hunderwear wrote:
ali wrote:
Its very much possible. Tafuta along bypasses, link rds. Machakos,kitengela, juja, ruiru are the hot cakes. C'mon guys, the guy is headed places and instead of encouraging him you want to bring him down. @hunder...u need be on the ground. The land being sold in konza @ 380k an acre, why not check more details? Pia isinya area, u can get if u go...yourself with a trusted local.

Thank you ali can never be put down!not even by the devil himself.I already identified a local in Isinya to show me around.

....one guy called UKABrick wall Brick wall
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Ndaragwa
#19 Posted : Wednesday, October 05, 2011 4:50:19 PM
Rank: Member


Joined: 3/12/2011
Posts: 108
Wanandege property next to the sewer line was going for 800k per acre for members and 1.2m for non members. However all the plots are sold unless ulete 4m nikuuzie yangu (not a chance though because a themed city will be built just opposite the wanandege project. I would recommend that you explore that area.
All the best[/quote]

accelriskconsult - Do you know anything about the Wanandege plots in Kasaju? Has the land been subdivided? Are the plots still available to non-members? What is the going price? I only ask because I see you have made reference the their property along sewer line.
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Ndaragwa
#20 Posted : Wednesday, October 05, 2011 4:52:53 PM
Rank: Member


Joined: 3/12/2011
Posts: 108
accelriskconsult wrote:
Hunderwear wrote:
Hey wazuans,I got some cash around 1m that I want to invest in land and resell it to get atleast 3m!Any ideas of where I can buy land i.e where its likely to appreciate fast.Any place is welcome as long as it got potential!



Wanandege property next to the sewer line was going for 800k per acre for members and 1.2m for non members. However all the plots are sold unless ulete 4m nikuuzie yangu (not a chance though because a themed city will be built just opposite the wanandege project. I would recommend that you explore that area.

I can forward you some info on the themed city mentioned above.

All the best


accelriskconsult - Do you know anything about the Wanandege plots in Kasaju? Has the land been subdivided? Are the plots still available to non-members? What is the going price? I only ask because I see you have made reference the their property along sewer line.
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