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Low End Housing: High Risk, High Return
Jitahidi
#111 Posted : Tuesday, May 03, 2016 10:33:05 AM
Rank: Member

Joined: 5/8/2008
Posts: 288
Bachuma Gate wrote:
Wamkiva. U can get. Place is 22kms from Nyayo stadium. Behind Nazarene university. Oloosirkon. Third row from main road. Rongai to Kitengela Rd. Road yet to be tarmarced.

@Bachuma are you aware of plans to tarmack Rongai-Kitengela road in the near future? If its tarmacked plots along that road will be prime.
Foz00
#112 Posted : Tuesday, May 03, 2016 2:41:15 PM
Rank: Member

Joined: 1/13/2011
Posts: 297
Location: Nairobi
Xymalos wrote:
tcd wrote:
I was planning to construct some temporary structures (mabati units) in some vacant plot I have in Eldoret but I am being advised against it by family and friends saying the cost of chasing the tenants can be quite expensive. Also, I noted that the County Govt has demolished similar structures within the vicinity. I am so lost on the way forward. Has anyone put up such structures in the counties and realized some good return from their investment?


I have plot in Kitengela, near a commercial flower farm and some neighbors constructed mabati structures to house people who work in flower farm. Neighbours who have put residential houses complained to the county government. So, recently the county government has marked those mabati structures for demolition. Not worth putting them - your neighbors will complain and the county government, thirsty for revenue will demolish them.


On what grounds/law does the county Govt demolish mabati houses?
ForSport2
#113 Posted : Tuesday, May 03, 2016 2:45:33 PM
Rank: New-farer

Joined: 12/9/2015
Posts: 47
Location: +254
Foz00 wrote:
Xymalos wrote:
tcd wrote:
I was planning to construct some temporary structures (mabati units) in some vacant plot I have in Eldoret but I am being advised against it by family and friends saying the cost of chasing the tenants can be quite expensive. Also, I noted that the County Govt has demolished similar structures within the vicinity. I am so lost on the way forward. Has anyone put up such structures in the counties and realized some good return from their investment?


I have plot in Kitengela, near a commercial flower farm and some neighbors constructed mabati structures to house people who work in flower farm. Neighbours who have put residential houses complained to the county government. So, recently the county government has marked those mabati structures for demolition. Not worth putting them - your neighbors will complain and the county government, thirsty for revenue will demolish them.


On what grounds/law does the county Govt demolish mabati houses?

Building code? Let the architects advise you
washiku
#114 Posted : Tuesday, May 03, 2016 4:11:31 PM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095
tcd wrote:
I was planning to construct some temporary structures (mabati units) in some vacant plot I have in Eldoret but I am being advised against it by family and friends saying the cost of chasing the tenants can be quite expensive. Also, I noted that the County Govt has demolished similar structures within the vicinity. I am so lost on the way forward. Has anyone put up such structures in the counties and realized some good return from their investment?


There are good agents who can do that work for you at a small percentage. This works well in Nai though I don't know whether it exists in Eld. They will charge you a management fee of say 10% then they will pay you your share on an agreed date whether they have managed to collect or not as long us the house is occupied. Stress ya kufukuzana na tenants unawaachia.
tcd
#115 Posted : Tuesday, May 03, 2016 7:40:08 PM
Rank: New-farer

Joined: 1/17/2010
Posts: 8
Washiku - thanks. I was in the process of doing the research on the possibility of acquiring such services but for now, I want to first of all establish that they wouldn't be demolished after I've incurred costs to put them up.
obiero
#116 Posted : Wednesday, May 25, 2016 10:19:08 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,303
Location: nairobi
tcd wrote:
Washiku - thanks. I was in the process of doing the research on the possibility of acquiring such services but for now, I want to first of all establish that they wouldn't be demolished after I've incurred costs to put them up.

Applause they will demolish my friend
COOP, IMH, KEGN, KQ, MTNU
popat
#117 Posted : Friday, May 27, 2016 9:59:35 AM
Rank: Member

Joined: 12/2/2009
Posts: 299
Location: kenya
Guyz while you are at this Mabati houses business,someone is giving me the idea leasing land in some of these slum like areas like Uthiru,Kangemi,Kawangware and putting up those single structures.Urguably the monthly rent payable to the land owner goes for like 50k p.m. for a 1/8 of an acre.So you lease for like 10 years.Do the structure and wait for the watejas.Am told that nowadays most of the structures coming up in these areas are done in such a manner since wenyeji hawauzi mashamba.Can someone tells us the possible pitfalls for such a venture.I can imagine considering the minimal cost of this investment you would be better off doing multiple units of such instead of the 5 storied stuctures anywhere in this Nairobi.
Speculz
#118 Posted : Friday, May 27, 2016 10:13:00 AM
Rank: Member

Joined: 5/6/2011
Posts: 391
Location: Nairobi
popat wrote:
Guyz while you are at this Mabati houses business,someone is giving me the idea leasing land in some of these slum like areas like Uthiru,Kangemi,Kawangware and putting up those single structures.Urguably the monthly rent payable to the land owner goes for like 50k p.m. for a 1/8 of an acre.So you lease for like 10 years.Do the structure and wait for the watejas.Am told that nowadays most of the structures coming up in these areas are done in such a manner since wenyeji hawauzi mashamba.Can someone tells us the possible pitfalls for such a venture.I can imagine considering the minimal cost of this investment you would be better off doing multiple units of such instead of the 5 storied stuctures anywhere in this Nairobi.



Major pitfall - The non paying watejas . Keep in mind after the lease ,you leave the structures as is .
"You can't have everything. Where would you put it?" - Stephen Wright
obiero
#119 Posted : Friday, May 27, 2016 5:58:54 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,303
Location: nairobi
Speculz wrote:
popat wrote:
Guyz while you are at this Mabati houses business,someone is giving me the idea leasing land in some of these slum like areas like Uthiru,Kangemi,Kawangware and putting up those single structures.Urguably the monthly rent payable to the land owner goes for like 50k p.m. for a 1/8 of an acre.So you lease for like 10 years.Do the structure and wait for the watejas.Am told that nowadays most of the structures coming up in these areas are done in such a manner since wenyeji hawauzi mashamba.Can someone tells us the possible pitfalls for such a venture.I can imagine considering the minimal cost of this investment you would be better off doing multiple units of such instead of the 5 storied stuctures anywhere in this Nairobi.



Major pitfall - The non paying watejas . Keep in mind after the lease ,you leave the structures as is .

COOP, IMH, KEGN, KQ, MTNU
obiero
#120 Posted : Friday, May 27, 2016 6:01:40 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,303
Location: nairobi
Speculz wrote:
popat wrote:
Guyz while you are at this Mabati houses business,someone is giving me the idea leasing land in some of these slum like areas like Uthiru,Kangemi,Kawangware and putting up those single structures.Urguably the monthly rent payable to the land owner goes for like 50k p.m. for a 1/8 of an acre.So you lease for like 10 years.Do the structure and wait for the watejas.Am told that nowadays most of the structures coming up in these areas are done in such a manner since wenyeji hawauzi mashamba.Can someone tells us the possible pitfalls for such a venture.I can imagine considering the minimal cost of this investment you would be better off doing multiple units of such instead of the 5 storied stuctures anywhere in this Nairobi.



Major pitfall - The non paying watejas . Keep in mind after the lease ,you leave the structures as is .

shocked to see that someone is even thinking of such as an idea
COOP, IMH, KEGN, KQ, MTNU
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