Wazua
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Low End Housing: High Risk, High Return
Rank: Elder Joined: 6/23/2009 Posts: 14,303 Location: nairobi
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COOP, IMH, KEGN, KQ, MTNU
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Rank: New-farer Joined: 10/3/2010 Posts: 35
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Its true low end housing -to include single rooms and bedsitters has very impressive returns as compared to the upper end housing.However the challenge lies in managing those houses or flats for that matter.It is a one big headache..any experiences? starting with thieving agents-They lie to you that the rooms are vacant,yet someone is paying them a lower figure directly.By the time you realize whats happening,you have lost several thousands.. Emancipate yourselves from mental slavery
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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guard wrote:Its true low end housing -to include single rooms and bedsitters has very impressive returns as compared to the upper end housing.However the challenge lies in managing those houses or flats for that matter.It is a one big headache..any experiences?
starting with thieving agents-They lie to you that the rooms are vacant,yet someone is paying them a lower figure directly.By the time you realize whats happening,you have lost several thousands.. Name and shame..?
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Chaka wrote:guard wrote:Its true low end housing -to include single rooms and bedsitters has very impressive returns as compared to the upper end housing.However the challenge lies in managing those houses or flats for that matter.It is a one big headache..any experiences?
starting with thieving agents-They lie to you that the rooms are vacant,yet someone is paying them a lower figure directly.By the time you realize whats happening,you have lost several thousands.. Name and shame..? Ati name and shame, do you think these small time caretakers or agents called bonoko Kamau or wa Gishiri will care if you name them here? Name and shame can only work for established agency firms If Obiero did it, Who Am I?
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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How unless its in a rough area of Nairobi? guard wrote:Its true low end housing -to include single rooms and bedsitters has very impressive returns as compared to the upper end housing.However the challenge lies in managing those houses or flats for that matter.It is a one big headache..any experiences?
starting with thieving agents-They lie to you that the rooms are vacant,yet someone is paying them a lower figure directly.By the time you realize whats happening,you have lost several thousands.. Sehemu ndio nyumba
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Rank: Chief Joined: 5/9/2007 Posts: 13,095
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guard wrote:Its true low end housing -to include single rooms and bedsitters has very impressive returns as compared to the upper end housing.However the challenge lies in managing those houses or flats for that matter.It is a one big headache..any experiences?
starting with thieving agents-They lie to you that the rooms are vacant,yet someone is paying them a lower figure directly.By the time you realize whats happening,you have lost several thousands.. As a check, have the caretaker to be on your side. He/She will be your eye on the ground. 'Compensate' nicely and your fear is sorted.
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Rank: Elder Joined: 6/23/2009 Posts: 14,303 Location: nairobi
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washiku wrote:guard wrote:Its true low end housing -to include single rooms and bedsitters has very impressive returns as compared to the upper end housing.However the challenge lies in managing those houses or flats for that matter.It is a one big headache..any experiences?
starting with thieving agents-They lie to you that the rooms are vacant,yet someone is paying them a lower figure directly.By the time you realize whats happening,you have lost several thousands.. As a check, have the caretaker to be on your side. He/She will be your eye on the ground. 'Compensate' nicely and your fear is sorted. There is a friend of mine who has 60 units and he collects on each.. Fear of the unknowns should never paralyse your dream. Jenga kisha uibiwe ndio ujue vile kujipanga! COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,303 Location: nairobi
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obiero wrote:obiero wrote:obiero wrote:sitaki.kujulikana wrote:obiero wrote:mungaits wrote:Hi Wazuans,
After successfully completening putting up some 20 single rooms in Kiambu county, I've decided to upscale kidogo and build bed sitters.
The single rooms measuring about 12 by 12 costed approx 3m excluding cost of the plot.
For those who have done bed sitters,
- what's the ideal dimensions
- approx cost per unit
- floor plans options
- anyone tried these new EPS technologies
If we can't upload photos and documents here, can we share on the Wazuans Google group?
(Or start a Wazuans whatsapp group without Bro Ocholla)
Asanteni
This are the site, architectural plans and artist impressions as requested: Subject property  Access Road  Front view  Entrance view   you have decided to mess the homes nearby. Minimal impact.. Assesment has been undertaken  Escavation works  Escavation result  Strip footings  Foundation layout  Foundation walling  Hardcore backfill  Murram loaded  Murram compacted  Slab wet formwork  Slab ready for curing  COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,303 Location: nairobi
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Progress is a slow process.. Get rich or die trying COOP, IMH, KEGN, KQ, MTNU
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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obiero wrote:Progress is a slow process.. Get rich or die trying   kudos! Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Low End Housing: High Risk, High Return
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