When investing in real estate, most people think about homes or apartments. This is right; however, the most basic investment you can invest in is a piece of land. Land is a raw investment that allows you to start your investment from scratch and grow it in whatever style you like. Ask any landowner, and they will tell you land is the gold that has not yet been discovered by many.…
Why young people should invest in real estate
Getting started investing in real estate at a young age is a great idea for several reasons. First, you can build significant equity in about 10 years (more or less) from owning a property. If you buy your first house, for example, while you’re still in your 20s, you’re still young enough in 10 years to carve out a career investing in real estate, starting by tapping into your equity, perhaps…
Is there Land Scarcity in Kenya?
The land issue in the country continues to be emotive and quite a complex one. One could argue that land scarcity depends on a person’s point of view. Let me give you an example, perhaps you want to purchase a piece of land along Waiyaki Way, or some place near Runda estate. Land will for sure be available but how affordable is it? The price of land within such prime areas…
What is a beacon and why is it important?
Land matters in Kenya are a hot button issue. Many a times, we were treated to incredible scenes of tall buildings that are built on riparian land coming down in dramatic fashion and reduced to rubbles. The word ‘beacon’ is commonly used in Kenya to refer to a mark on the ground at the point where boundaries change direction. In other parts of the world, they may say a monument or…
How To Do Due Diligence When Purchasing Land in Kenya
Due diligence simply represents the process of confirming the ownership and dimensions of a particular property. One of the biggest issues when investing in land in Kenya is the fear that you could be buying land that has already been purchased by somebody else. We have heard numerous stories of how two entities or two buyers legitimately buy the same piece of land and both own title deeds. So how do…