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Buy Or Rent a House?         

Buying or renting a home – which is best? It’s an age-old debate, but one that really comes down to individual needs and circumstances. To help you make the decision, we’ve explored the pros and cons of buying and renting and outlined everything you’ll need to consider. Whether it’s better for you to buy or rent will depend on your personal and financial circumstances. If you’re not able to...

How To Spot a Pyramid Scheme

In the classic "pyramid" scheme, participants attempt to make money solely by recruiting new participants, usually where: The promoter promises a high return in a short period of time; No genuine product or service is actually sold; and The primary emphasis is on recruiting new participants. All pyramid schemes eventually collapse, and most investors lose their money. Fraudsters...

6 Reasons Why Real Estate is the Best Investment

If you’re thinking about investing in real estate, you’re about to embark on one of the best investment journeys of your lifetime. Residential rentals offer benefits you won’t find with other types of investments. These benefits include: Cash Flow Unlike other investment vehicles, real estate investing enables you to generate cash flow every month by your tenants paying rent. You can then...

9 Factors to Consider When Looking for a New Apartment

Whether it’s your first rental experience or your last, finding the perfect apartment that fits both your lifestyle and budget is never easy. Before you sign that lease, keep these 10 very important considerations in mind while apartment hunting. The Price First and foremost, can you reasonably afford to live there? Before seriously considering an apartment, you need to seriously...

FACTORS THAT AFFECT CONSTRUCTION COSTS IN KENYA

Building your own home is one of the most rewarding tasks one can undertake. It requires excellent research, proper planning, budgeting, and execution of the laid out plan for the project to be successful. One needs to engage professionals to come up with a precise figure as to how much it would cost to build your dream home. To determine this, several factors should be considered such as house design,...

EMERGING TRENDS IN KENYA REAL ESTATE

Over the years an emerging trend in Kenyan real estate has been the increase in the number of apartment units over standalone housing. One major factor contributing to this is rural-to-urban migration which means an influx in the numbers within the major cities and a demand for residential spaces. This has necessitated the maximization of space.  An aerial view of the Nairobi City | pc: Google...

Laptrust property fund posts Sh99 million profit

Property fund Laptrust Imara I-Reit made a net profit of Sh99.6 million in the six months ended June, marking its first financial report since its listing on the Nairobi Securities Exchange.Laptrust said it had made Sh167.1 million in rental income from its property portfolio which it valued at Sh6.8 billion in the review period, while utilities and interest income contributed Sh36.2 million to the...

Benefits of Property Valuation and its importance to you

Understanding the value of a property is critical in real estate. Property valuation gives you an accurate estimate of your property’s value, which can have a significant impact on many aspects of your financial life.In this post, we will look at the advantages of property valuation and explain why it is so important for homeowners, investors, and anyone else involved in the real estate...

How to do due diligence before purchasing land

I have read your series on leasing and licensing office spaces. It is my long-term plan to purchase my own office space. How do I go about due diligence given the many scams in the market?CollinsDear Collins, below I will set out some factors to consider when doing due diligence for purchasing a property. Once you have identified a suitable location and are ready to transact then this is where the...

Strategies to Expand Your Real Estate Business

The real estate industry is both highly competitive and immensely rewarding. To succeed and thrive in this dynamic field, it’s essential to have a growth-oriented mindset and employ effective strategies. Whether you’re a seasoned real estate professional or just starting out, this article presents valuable insights and actionable tips to propel your real estate business to new heights. Build a...

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