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Low End Housing: High Risk, High Return
DBLyon
#11 Posted : Tuesday, August 26, 2014 3:37:57 PM
Rank: Member

Joined: 5/28/2014
Posts: 149
Location: Nairobi
jaggernaut wrote:
obiero wrote:
Am wrote:
obiero wrote:
After much research and analysis, I have noted that a bedsitter four floored flat rather than three bedroom apartments on similar floor number is more cost effective. The basis of logic lies in the fact that more units in the same floor space provides more income.. Indeed rent collection may be more challenging on the bedsitters, but as the saying goes; high risk, high return


True. Of course the area/location is a factor also but ovearall, bedsitters - one bedrooms - 2 bedrooms in that order are better in returns. Wanted to put up some bedsitters somewhere in east lands but the local Kanjora is against it in the area claiming young people expected to rent such are a problem for the locals. Have given in and opted for 1 bed room on 1st and 2nd floors, and may do different plan on upper floors later..

you can always trust the government to frustate a young man who has valid dreams


I remember you complaining that NHC wants to put up 1brm flats in your estate since this would devalue Nyayo estate and bring in undesirable characters....and would also "spoil your image since people may think you live in the 1brm and not the 3bdrm". The Kanjora was right too in this case in protecting his neighbourhood (his voters) from degradation...


Laughing out loudly I love this group.
When you live for others' opinions, you are dead.

- Carlos Slim Helu
whiteowl
#12 Posted : Tuesday, August 26, 2014 4:22:42 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
jaggernaut wrote:
obiero wrote:
Am wrote:
obiero wrote:
After much research and analysis, I have noted that a bedsitter four floored flat rather than three bedroom apartments on similar floor number is more cost effective. The basis of logic lies in the fact that more units in the same floor space provides more income.. Indeed rent collection may be more challenging on the bedsitters, but as the saying goes; high risk, high return


True. Of course the area/location is a factor also but ovearall, bedsitters - one bedrooms - 2 bedrooms in that order are better in returns. Wanted to put up some bedsitters somewhere in east lands but the local Kanjora is against it in the area claiming young people expected to rent such are a problem for the locals. Have given in and opted for 1 bed room on 1st and 2nd floors, and may do different plan on upper floors later..

you can always trust the government to frustate a young man who has valid dreams


I remember you complaining that NHC wants to put up 1brm flats in your estate since this would devalue Nyayo estate and bring in undesirable characters....and would also "spoil your image since people may think you live in the 1brm and not the 3bdrm". The Kanjora was right too in this case in protecting his neighbourhood (his voters) from degradation...

Talk of things coming full circle Laughing out loudly
Am
#13 Posted : Wednesday, August 27, 2014 9:15:09 AM
Rank: Veteran

Joined: 2/21/2012
Posts: 1,739
jaggernaut wrote:
obiero wrote:
Am wrote:
obiero wrote:
After much research and analysis, I have noted that a bedsitter four floored flat rather than three bedroom apartments on similar floor number is more cost effective. The basis of logic lies in the fact that more units in the same floor space provides more income.. Indeed rent collection may be more challenging on the bedsitters, but as the saying goes; high risk, high return


True. Of course the area/location is a factor also but ovearall, bedsitters - one bedrooms - 2 bedrooms in that order are better in returns. Wanted to put up some bedsitters somewhere in east lands but the local Kanjora is against it in the area claiming young people expected to rent such are a problem for the locals. Have given in and opted for 1 bed room on 1st and 2nd floors, and may do different plan on upper floors later..

you can always trust the government to frustate a young man who has valid dreams


I remember you complaining that NHC wants to put up 1brm flats in your estate since this would devalue Nyayo estate and bring in undesirable characters....and would also "spoil your image since people may think you live in the 1brm and not the 3bdrm". The Kanjora was right too in this case in protecting his neighbourhood (his voters) from degradation...


Kijana umejichanganya hapo..@Obiero wrote about Nyayo estate and NHC, but has no Kanjora standing on his way..
Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
obiero
#14 Posted : Wednesday, August 27, 2014 10:58:31 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,302
Location: nairobi
Am wrote:
jaggernaut wrote:
obiero wrote:
Am wrote:
obiero wrote:
After much research and analysis, I have noted that a bedsitter four floored flat rather than three bedroom apartments on similar floor number is more cost effective. The basis of logic lies in the fact that more units in the same floor space provides more income.. Indeed rent collection may be more challenging on the bedsitters, but as the saying goes; high risk, high return


True. Of course the area/location is a factor also but ovearall, bedsitters - one bedrooms - 2 bedrooms in that order are better in returns. Wanted to put up some bedsitters somewhere in east lands but the local Kanjora is against it in the area claiming young people expected to rent such are a problem for the locals. Have given in and opted for 1 bed room on 1st and 2nd floors, and may do different plan on upper floors later..

you can always trust the government to frustate a young man who has valid dreams


I remember you complaining that NHC wants to put up 1brm flats in your estate since this would devalue Nyayo estate and bring in undesirable characters....and would also "spoil your image since people may think you live in the 1brm and not the 3bdrm". The Kanjora was right too in this case in protecting his neighbourhood (his voters) from degradation...


Kijana umejichanganya hapo..@Obiero wrote about Nyayo estate and NHC, but has no Kanjora standing on his way..

@AM. Thanks for clearing out the matter on my behalf. @jagger Nyayo Estate is a middle class neighborhood and one bedrooms go against the investment calibre of that locality. However, bedsitters in Rongai are a perfect fit!!! Usijichanganye kaka
COOP, IMH, KEGN, KQ, MTNU
obiero
#15 Posted : Saturday, September 20, 2014 5:57:04 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,302
Location: nairobi
someone, anyone to share experience of bedsitter flats in terms of rent collection/tenant turnover/living standars etc feedback would be much appreciated
COOP, IMH, KEGN, KQ, MTNU
obiero
#16 Posted : Thursday, December 04, 2014 8:55:22 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,302
Location: nairobi
anyone with sample architectural plans for a studio apartment please share here..
COOP, IMH, KEGN, KQ, MTNU
smallfama
#17 Posted : Thursday, December 04, 2014 10:12:52 PM
Rank: New-farer

Joined: 8/15/2010
Posts: 99
Location: nairobi
So hii kitu wanaita studio apartment ni bedsitter tu sio? Ama iko na studio?
obiero
#18 Posted : Thursday, December 04, 2014 10:45:47 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,302
Location: nairobi
smallfama wrote:
So hii kitu wanaita studio apartment ni bedsitter tu sio? Ama iko na studio?

Refers to a bedsitter but upscale in terms of square metres space as well as finishing
COOP, IMH, KEGN, KQ, MTNU
Tokyo
#19 Posted : Friday, December 05, 2014 7:32:48 AM
Rank: Veteran

Joined: 10/9/2006
Posts: 1,502
obiero wrote:
anyone with sample architectural plans for a studio apartment please share here..


Could have posted the plan. But hard posting photos in wazua.
work to prosper
mic_mic
#20 Posted : Friday, December 05, 2014 10:42:35 AM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
Tokyo wrote:
obiero wrote:
anyone with sample architectural plans for a studio apartment please share here..


Could have posted the plan. But hard posting photos in wazua.


I have noticed this is a common problem for Wazuans. I'll explain briefly how to post a photo here -- the easiest way i know. Hopefully, some of us will learn a thing or 2.

1. Open an account with imgur.com -- a photo sharing web app.

http://imgur.com/

2. Login and upload your picture

3. After the upload, you should have these alternatives as shown on this picture. Copy the encircled link and paste it here



4. Good to go & repeat

I hope this helped someone! Cheers!
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