Lets look at it this way, you have found a plot or building, done due diligence, you are convinced, you have the finances most cases at this point investors back out, not because of the fear of legitimacy of the property but what I call property blues.
People always need the last push to commit. the question in your mind is should I or should I not ? Is it not too expensive etc etc.
Sometimes close friends will discourage you , that farmland of yester years is not worth the price!!!

The fact is that todays decisions are tomorrow's realties and in real estate investment, time is very important. The earlier you decide and act the cheaper.

Always negotiate installmental payment plans to reduce the phobia and where possible while buying plots, buy in pairs ie at least two. The plausible reason for this is that these days one is given a very short time to develop most cases 3 to 5 years.
In 3 years time one of the plots you buy will become a seed capital to start developing the other as it would have apprciated considerably and would be of high demand, so in this case installmental payment when you sale does not apply.
The restriction to develop over a certain time frame in most countries is a statutory requirement. You may start with perimeter fence (where applicable) and might be a foundation. What is very important is that you should have a consistence plan of clearing the weeds, to avoid your plot becoming a security threat to others that have developed their plots.
Do not be a future historian :- This plot was
500K three years ago it is now 2M etc etc. Rather be an achiever, take your decision in time.


Best Of Luck

@Mzee Wendz

I am not just giving you information, I am writing from my practical experience.

@kadonye

Thanks for the correction.
I also thought Mzee means Chief. Noted.

Mzee Young, do not be fooled. Who said there are no Old Ladies?

Good idea @radio buying some acres as a group.
It should be people with like minds. Opportunity to press for a discount because of the bulk.
Paying by installment still a good idea

I got into property when my landlord gave me a week to vacate, much as rent was always paid on time and I was a model tenant. He urgently wanted the house for himself when he got a red card at his work place. That was the best thing (in retrospect) that happened to me.
I also learnt that the 1st house doesn't have to be in Runda, Umoja is fine, you will upgrade later.
By the way @robertyawe, does Frank, Joe, Anne and Sweetie ring a bell?

@Chief Robert,

Welcome to Wazua, I presume you would have been on the sidelines watching until you made the bold move to register just last week (20th July).

You have realised the big secret the reason why of recent you have a low turn out in your investment seminars, Pole Sana. It is because there are insightful and intelligent info here and it is free of charge. I have been learning and contributing for the past 3 years.

Back to property investment. It is Mungo park idea for you to say buying property (precisely as a group) means registered Investment group. Be informed and educated that groups now in terms of investment has several meanings like :-

Workers Cooperative
Group Of friends
Churches
Clubs
Investment Groups
Societies
Registered Business Entities
Workers Union
Partnerships

As long as you have a trusted representative you can buy in bulk to share among yourselves, the representative here might be a lawyer, a real estate consultant, or a trusted individual.
I put a call to my Kenya lawyer to find out from Hassconsult, asking about Isinya semi serviced plot on offer, to find out if a representative of a group of friends can buy a acresof land and whether it is legally pemited in Kenya? The overhelming answer is yes.

I made efforts to confirm this as I am not a Kenyan.

One of my best serviced plot buy was from my office cooperative society, they are not investment club.

I tell you what, for better cash flow and to have multiple income streams in your business read and listen to the young lads here that give free info about stocks, do not depend solely in real estate. It is absolutely free. If you have such wealth of knowledge, it will not be free , you would have arranged stocks investment seminar. That is the beauty of WAZUA.
There is abundant free knowledge here in all areas of investment.

Best of luck.

In addition to @Wendz questions above... why do the members of the investment group have to be self employed?