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Invest in Real Estate by pooling resources
timuka
#21 Posted : Thursday, July 25, 2013 6:12:08 PM
Rank: Member

Joined: 1/21/2013
Posts: 427
a4architect.com wrote:
@timuka. Interested people are registering here

www.a4architect.com/discus/topic/joint-investment/

Once a quorum of 12 is reached, implementation will begin.

In Zimmerman, i hear there are such goups with already completed projects using similar concept.
Contact @dunkang for more on the Zimmerman implementation.


I have been closely following your updates on this topic having already gone though your website and taken note of what you have elaborated about the project. I understand the concept but the only area I don't have clarity on is how sectional ownership arrangements works. What form of ownership documentation will i have?
a4architect.com
#22 Posted : Thursday, July 25, 2013 6:17:11 PM
Rank: Veteran

Joined: 1/4/2010
Posts: 1,668
Location: nairobi
either a sectional title or shares % within the LLC that owns the property.
As Iron Sharpens Iron, So one Man Sharpens Another.
Mukiri
#23 Posted : Friday, August 02, 2013 12:17:01 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Can I use this to develop my property, with title under my name... and work-out a plan where rent proceeds will pay-off fellow investors? Then we can move on to their property, under their name.. and so on and so forth

Proverbs 19:21
Gathige
#24 Posted : Friday, August 02, 2013 9:17:06 AM
Rank: Elder

Joined: 3/29/2011
Posts: 2,242
Mukiri wrote:
Can I use this to develop my property, with title under my name... and work-out a plan where rent proceeds will pay-off fellow investors? Then we can move on to their property, under their name.. and so on and so forth


@Mukiri, i doubt the other investors would agree to that. It would be better to form a LLC and your land becomes part of the initial capital with the other member's contributions contributing to the capital for developing the plot. That way, shareholding is clear and risk and returns easily apportioned.

"Things that matter most must never be at the mercy of things that matter least." Goethe
a4architect.com
#25 Posted : Friday, August 02, 2013 9:48:09 AM
Rank: Veteran

Joined: 1/4/2010
Posts: 1,668
Location: nairobi
Gathige wrote:
Mukiri wrote:
Can I use this to develop my property, with title under my name... and work-out a plan where rent proceeds will pay-off fellow investors? Then we can move on to their property, under their name.. and so on and so forth


@Mukiri, i doubt the other investors would agree to that. It would be better to form a LLC and your land becomes part of the initial capital with the other member's contributions contributing to the capital for developing the plot. That way, shareholding is clear and risk and returns easily apportioned.



@mukiri. What @gathige has described is the best option. The value of your land will be determined by a registered valuer agreed upon by all members then the value becomes the number of shares you own.
For example, say the value is 2m. If each of the 12 members is to contribte 1m, then you will be deemed to have contributed 2m or 2 shares. You will need another 10 members for the project to complete and bring in rental income.

In the LLC, you will have 2/12 shares or 2 bedsitter units out of 12.
As Iron Sharpens Iron, So one Man Sharpens Another.
JeyT
#26 Posted : Friday, November 29, 2013 9:59:23 AM
Rank: New-farer

Joined: 10/29/2013
Posts: 13
Njung'e wrote:
@Pesa 16,

Pray Iko chida mahali?Pray


Ata mimi naona ivyo
Maji yakizidi unga toroka
a4architect.com
#27 Posted : Friday, November 29, 2013 10:52:03 AM
Rank: Veteran

Joined: 1/4/2010
Posts: 1,668
Location: nairobi
JeyT wrote:
Njung'e wrote:
@Pesa 16,

Pray Iko chida mahali?Pray


Ata mimi naona ivyo


shida gani? fafanua tafadhali
As Iron Sharpens Iron, So one Man Sharpens Another.
Bigchick
#28 Posted : Sunday, May 04, 2014 7:35:53 AM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
@a4architect habari.

Any update you would love to share on this?

Would be glad to know.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
a4architect.com
#29 Posted : Sunday, May 04, 2014 9:10:20 AM
Rank: Veteran

Joined: 1/4/2010
Posts: 1,668
Location: nairobi
@bigchick. Title deed already acquired and designs recently approved. Check the documents at www.a4architect.com. Bypass road construction still going on till july 2015.
As Iron Sharpens Iron, So one Man Sharpens Another.
a4architect.com
#30 Posted : Monday, May 05, 2014 9:49:34 AM
Rank: Veteran

Joined: 1/4/2010
Posts: 1,668
Location: nairobi
a4architect.com wrote:
@bigchick. Title deed already acquired and designs recently approved. Check the documents at www.a4architect.com. Bypass road construction still going on till july 2015.




http://www.a4architect.c...ong-the-southern-bypass/
As Iron Sharpens Iron, So one Man Sharpens Another.
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