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4 family (3 bed/2bath) flat budget Ksh. 5m
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Penny-Stocker
#21 Posted : Sunday, November 18, 2012 9:48:44 PM
Rank: Member


Joined: 10/31/2010
Posts: 154
Foundation complete - Ksh. 530,000. Now it's time to begin walling for the bottom units!
“None but ourselves can free our minds.”
- Bob Marley
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Fujo
#22 Posted : Monday, November 19, 2012 2:18:49 AM
Rank: New-farer


Joined: 3/13/2011
Posts: 16
Penny-stocker, i am interested in getting a plot in the Kisumu area, maybe even the Mamboleo area.

Do you know of any trustworthy sellers/real estate agents that i can work with?
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Penny-Stocker
#23 Posted : Monday, November 19, 2012 2:36:05 AM
Rank: Member


Joined: 10/31/2010
Posts: 154
Fujo wrote:
Penny-stocker, i am interested in getting a plot in the Kisumu area, maybe even the Mamboleo area.

Do you know of any trustworthy sellers/real estate agents that i can work with?


I'd never touch the real estate agents in Kisumu, even with a very long stick! Most of them are crooks...they inflate the prices real bad! In Mamboleo are, the best bet is word of mounth---- if you are in Kisumu, ask around and meet the land owner. Unfortunately, I am not in Kisumu so I can't help u out.
“None but ourselves can free our minds.”
- Bob Marley
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Chaka
#24 Posted : Monday, November 19, 2012 4:02:48 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
Penny-Stocker wrote:
Foundation complete - Ksh. 530,000. Now it's time to begin walling for the bottom units!

How deep is the foundation?
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josimar
#25 Posted : Thursday, April 18, 2013 11:27:56 AM
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Joined: 7/6/2010
Posts: 242
Quote:
Foundation complete - Ksh. 530,000. Now it's time to begin walling for the bottom units!


Where have You reached at the moment? Looking forward to You sharing the updates.
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zizzi
#26 Posted : Thursday, April 18, 2013 11:50:38 AM
Rank: New-farer


Joined: 3/2/2011
Posts: 33
Location: Nbi
guru267 wrote:
Be careful about your 5million cost.. It might leave little room for any margins to be had!

I know for a fact GOK is selling very spacious flats in Nairobi, Madaraka (3bed/2bath) for 7million...
If yours are located all the way in Kisumu it might be hard to charge an amount even close to this!


Under what scheme is this?
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ChumsQuest
#27 Posted : Saturday, April 20, 2013 5:35:50 PM
Rank: Member


Joined: 1/24/2013
Posts: 325
guru267 wrote:
Be careful about your 5million cost.. It might leave little room for any margins to be had!

I know for a fact GOK is selling very spacious flats in Nairobi, Madaraka (3bed/2bath) for 7million...
If yours are located all the way in Kisumu it might be hard to charge an amount even close to this!

Guru, not to crash on penny's thread but could give me more deets on the MADAA Flats? Thx..
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Penny-Stocker
#28 Posted : Tuesday, May 07, 2013 4:48:59 AM
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Joined: 10/31/2010
Posts: 154
Hello fellow wazuans, been a while! Quick update - construction is almost done!
plaster done, finishing outside (keying nakadhalika). Next is tiling floors, building wall cabinets, and closets, kuweka vyo then chapa rangi!
“None but ourselves can free our minds.”
- Bob Marley
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Penny-Stocker
#29 Posted : Tuesday, May 07, 2013 5:20:53 AM
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Joined: 10/31/2010
Posts: 154










“None but ourselves can free our minds.”
- Bob Marley
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Penny-Stocker
#30 Posted : Tuesday, May 07, 2013 5:30:37 AM
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Joined: 10/31/2010
Posts: 154






















That's it for now folks! Kazi iendele hivyo hivyo!
“None but ourselves can free our minds.”
- Bob Marley
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sysdevPM
#31 Posted : Tuesday, May 07, 2013 8:07:35 AM
Rank: New-farer


Joined: 6/14/2011
Posts: 32
Location: nairobi
Penny-Stocker wrote:
Hello fellow wazuans, been a while! Quick update - construction is almost done!
plaster done, finishing outside (keying nakadhalika). Next is tiling floors, building wall cabinets, and closets, kuweka vyo then chapa rangi!


how much $$$ so far ?
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Tito44
#32 Posted : Tuesday, May 07, 2013 9:27:04 AM
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Joined: 12/16/2008
Posts: 111
@Penny-Stocker
Kazi nzuri sana. Where can i hire those chuma trappers/formworks in Kisumu?
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eggnest
#33 Posted : Tuesday, May 07, 2013 9:34:18 AM
Rank: New-farer


Joined: 5/11/2011
Posts: 48
Wao! Congratulations! How much have you used so far?
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Wakanyugi
#34 Posted : Tuesday, May 07, 2013 12:14:40 PM
Rank: Veteran


Joined: 7/3/2007
Posts: 1,634
Well done!

Very good work
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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Foz00
#35 Posted : Tuesday, May 07, 2013 1:45:09 PM
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Joined: 1/13/2011
Posts: 297
Location: Nairobi
Makofi....... Kindly share breakdown of labour costs kama cost of fundi per day/ plumber, cost of plaster per sq/m, key
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Penny-Stocker
#36 Posted : Tuesday, May 07, 2013 3:10:56 PM
Rank: Member


Joined: 10/31/2010
Posts: 154
Wakanyugi wrote:
Well done!

Very good work

Gracias amigo! It's been an experience!
“None but ourselves can free our minds.”
- Bob Marley
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Penny-Stocker
#37 Posted : Tuesday, May 07, 2013 3:16:54 PM
Rank: Member


Joined: 10/31/2010
Posts: 154
eggnest wrote:
Wao! Congratulations! How much have you used so far?

Almost 5m so far! I still need about 800K to finish everything!
“None but ourselves can free our minds.”
- Bob Marley
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Penny-Stocker
#38 Posted : Tuesday, May 07, 2013 3:18:24 PM
Rank: Member


Joined: 10/31/2010
Posts: 154
Foz00 wrote:
Makofi....... Kindly share breakdown of labour costs kama cost of fundi per day/ plumber, cost of plaster per sq/m, key




I don't have everything with me ..... I'll try and get that out when I can!
“None but ourselves can free our minds.”
- Bob Marley
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Penny-Stocker
#39 Posted : Tuesday, May 07, 2013 3:20:33 PM
Rank: Member


Joined: 10/31/2010
Posts: 154
Tito44 wrote:
@Penny-Stocker
Kazi nzuri sana. Where can i hire those chuma trappers/formworks in Kisumu?

My initial fundi, who I fired, found those for me! Just ask around the construction sites and you'll find some....a lot are available!
“None but ourselves can free our minds.”
- Bob Marley
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Penny-Stocker
#40 Posted : Tuesday, May 07, 2013 3:26:32 PM
Rank: Member


Joined: 10/31/2010
Posts: 154
To all, like I said in my initial post, almost a year ago...it's never to early to start investing for your retirement! I'm only 29yrs and in about 4 months, I'll be collecting 120K from rent @30K per unit...on top of my 240K net salary (that's 360K)! Looking at putting up 6more units in a 5 years time, working for 5 more years after that....retirement at 40yrs! I'm loving this!
“None but ourselves can free our minds.”
- Bob Marley
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