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sentinel prime
#21 Posted : Saturday, January 12, 2013 11:14:35 AM
Rank: New-farer


Joined: 11/12/2012
Posts: 92
ChessMaster wrote:
Mukiri wrote:
ChessMaster wrote:
Basically function/intent should be the driving force in the investment choice. Good. Lets say it serves as purely and investment vehicle where you acquire for capital gains or income. If you're buying to sell,who are you selling to and what's driving them to buy? If its for income, what are your strategies for dealing with competition?


Ditto. The WHY comes before the WHAT which determines the WHERE. This not only in Real estate but in all aspects of life.

I totally agree. Population is the main factor most people justify their investment in real estate with. For most of the developed world,the population levels are declining.Although E.A,esp,Kenya has one of the highest rates of population growth. This to me will change simply because people are getting married late and having fewer children. Two youth unemployment/underemployment also reinforces the previous point making it even bigger.Thirdly,I think unlike previous generations,the value of marriage and family life has shifted.



yep....from our generation, guys are delaying marriage to mid thirties. Two kids at most (surprisingly girls ).

only dudes from rural are popping kids like there's no tomorrow,and this are the guys with no money.
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Jamani
#22 Posted : Saturday, January 12, 2013 11:17:34 AM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
Mukiri wrote:
^^ We are still debating if it was a D or an E you got in schoold'oh!


Laughing out loudly Laughing out loudly As you still debate on my personal scores, I dont think it matters now A or F what matters is how best i carry the eggs in one basket or scattered, wide and thin or narrow and focused, as they say high risks high returns.
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Pablo
#23 Posted : Sunday, January 13, 2013 10:03:19 PM
Rank: Member


Joined: 3/17/2008
Posts: 567
Location: Nairobi
If u had 50M ud not be asking. Youd be telling us.
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GGK
#24 Posted : Monday, January 14, 2013 9:03:26 AM
Rank: Member


Joined: 11/21/2006
Posts: 608
Location: Ruiru
I saw someone suggesting that you can build 50 rental units for 50m. [ie 1m for each appartment] Thats misleading...go to Rwaka or Kasarani and ask for prices of land
"..I am because we are. "― Ubuntu, Umtu,
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a4architect.com
#25 Posted : Tuesday, January 15, 2013 10:59:18 AM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
the highest returns on real estate are found within hotel setups. Hotels are very dependent on location. The best way is to get the best location near a major rad then put up a hotel. You can rent out the hotel to someone or run it yourself.
With 50m, the best is to buy a 0.5 acre for 20m near JKIA,Msa rd, Athiriver, mlolongo e.t.c then build a 25 room 1000m2 hotel for 30m. This will give you 25 x2000 x 30 =1.5m per month. This will pay back in 3 years.
As Iron Sharpens Iron, So one Man Sharpens Another.
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Papa Investor
#26 Posted : Thursday, January 17, 2013 4:38:24 PM
Rank: New-farer


Joined: 6/3/2010
Posts: 96
a4architect.com wrote:
the highest returns on real estate are found within hotel setups. Hotels are very dependent on location. The best way is to get the best location near a major rad then put up a hotel. You can rent out the hotel to someone or run it yourself.
With 50m, the best is to buy a 0.5 acre for 20m near JKIA,Msa rd, Athiriver, mlolongo e.t.c then build a 25 room 1000m2 hotel for 30m. This will give you 25 x2000 x 30 =1.5m per month. This will pay back in 3 years.


If you take into account 50-70% occupany rates and 30% expenses then the net return is at best between 500k to 750k a month...though still an excellent payback between 6-8 years!
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a4architect.com
#27 Posted : Thursday, January 17, 2013 5:17:54 PM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
profit from food and beverages cancel out on the operational costs. With a 20m location, you can be able to get a frontline location where rates can be more than 2k per night or 2k with a near 100% occupancy.
As Iron Sharpens Iron, So one Man Sharpens Another.
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mibbz
#28 Posted : Thursday, January 17, 2013 9:01:37 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
a4architect.com wrote:
profit from food and beverages cancel out on the operational costs. With a 20m location, you can be able to get a frontline location where rates can be more than 2k per night or 2k with a near 100% occupancy.


Nice advise,thanks
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