Business Development

8 Characteristics of a good investment

The following are some of the traits of good investments. An investment does not need to have all these traits, but there should be an acceptable reason for the absence of any one of them. For example, an investment does not need to provide income, if it is expected to grow in value. If it does neither, there is no point owning it. Fairly valued If you overpay for an investment, you are putting...

Renting Out vs. Selling Your Home

If you own a home that you no longer want to live in, you have a choice: sell or rent it out. To decide on the right path for you, you’ll want to consider the housing market as well as your appetite for becoming a landlord—a job that comes with many responsibilities. Renting your house: Pros and cons There are several advantages and disadvantages when you make the decision to rent. The most important...

President Ruto to scrap stamp duty for first-time home purchasers

President William Ruto has announced plans to exempt first-time home buyers from paying stamp duty to all in a bid to ease house ownership costs among workers battling the rising cost of living amid largely stagnant pay. Dr Ruto said his administration would seek to strike a revenue balance by removing stamp duty for first-time homeowners and raising compliance for other property-related levies like land...

5 Steps to Earning Passive Income with a Rental Property

Passive income is money that you earn without a regular daily time investment. Creating a passive income stream from rental income involves work upfront but allows you to reap financial rewards for years to come. One common passive income stream is real estate investing and rental management. Step 1: Research, Research, Research Before you even think about buying a rental property, you’ll need to do a...

Laptrust sets Sh5m minimum investment in fund

Pension scheme Laptrust has locked out retail investors from its newly created real estate investment trust by setting a minimum investment of Sh5 million for each party that may want to buy into the property fund in the future. Laptrust has received the Capital Markets Authority (CMA) approval to package its real estate assets into a fund called Laptrust Imara I-Reit and which will be listed on the...

Factors Affecting Real Estate In Kenya

Real estate is among the top contributing source of revenue for high-income earners and the government. Besides, it is among the industries working excellently to bridge the youth’s unemployment gaps. Noting this, Kenyans have decided not to be left behind, venture into it, and benefit from its merits. It has taken a quick turnout, and within a short time, there has been a constant change,...

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