Author: Peris Gachago
The goal of any investment is to make profits-huge amounts of profits. Accumulating wealth is not a walk in the park or overnight dream. It is a slow by slow process and not a quick one. There are different ways in which wealth can be accumulated, if invested in wisely with proper strategies, persistent and using the right systems. Real estate investment has high returns. Accumulating wealth through real estate requires knowing the process clearly because one mistake would cost you fortunes. It involves huge capital but entrepreneurs who start with little capital still make it through. With lots of…
There are different features that are attached to different types of real estate investment. That is why it is easier to identify a rental property from commercial property or industrial property. in this article we are going to talk about the various characteristics/features of rental property. They include; Location/ Neighborhood Neighborhood determines the type of tenants you may have. It also determines the value of property. in Kenya, high end areas like Kilimani and Kileleshwa will have high earning people living in such areas. Low end areas may also attract middle class income people as well as low income people.…
Have you decided to buy your first rental property? Are you new to this type of investment? Is it safe to invest in real estate industry? One of the industries with highest returns is the real estate investment. You can never go wrong on this as it shows most of the wealthiest people have as well invested in it. Yes, is the answer to if it is safe to invest in real estate industry. You can never go wrong in this. However, you need to learn the process of investment in the industry and the tactics that would be involved…
You may be wondering how you are going to start your real estate business in Kenya or the primary or fundamental ways in which you could invest in real estate in Kenya, worry no more. It may be clicking your mind about, how much money do I need to invest in the real estate or how do I even start it? That kind of confusion is almost in every sector of the business or rather when you need to start investing in real estate in Kenya. We will help you out when it comes to real estate business in Kenya…
At these tough economic times in Kenya, you may be thinking of indulging yourself into the real estate business. You may be wondering how much you need to invest or how much you should have to make a move on you first real estate investment in Kenya. Real estate investment requires a lot of persistent since it is a huge investment. Every type of business has its highs and lows and real estate is not an exceptional. When it is your first time in real estate, you may have gathered some much advices out there that may or may not…
Like any industry, real Like in industry real estate has its own disadvantages and advantages. there are different factors that affects the real estate industry. Some of these factors include; · Demographics · Government policies · Economy · Interest rates Real estate industry accumulates one of the highest industry in terms of wealth. The industry in itself is huge and that’s a lot of profits which makes it easier to be attractive to people. The demographics On demographic of real estate buyers,there is provision of age, income and preferences. It shows the percentage of buyers in terms of the youthful buyers as well as…
Whether you are the buyer or the seller, it is reasonable enough as well as essential to have a guide on the specific issues you would like to ask your real estate agent. You maybe wondering what to ask in different stages of the process. Real estate in itself is quite a lengthy procedure. You may know what to ask while house viewing, another one may want to have a clarification during renting, another may want to know while selling and others while buying. In short the whole process is a huge one and different questions may pop at different…
In case you are interested to join the real estate industry, it is important to have a guide and direction so that you can determine where you feel suits your purpose. Real estate industry is diverse and classified into various categories as we will see below. The industry is quite old and new interested investors may not be aware of the different categories that the industry plays around. Each of the different categories of real estate industry has its own advantages and disadvantages but the goal is to find which suits most of your purpose. Whether your purpose is owning,…
To create awareness of your real estate business, then marketing has to play a great role in the business. Today’s investments are highly competitive and for you to stay in business of real estate investment, being smart and having the correct strategies will keep you sustained profits. With the increased technology, finding the right marketing strategies while still being persistent will have you achieve your long term goals and objectives. Engaging with Professionals First, an essential way of building up clients in real estate industry is to have professionals that are experienced by your side. This will ensure the trustworthiness…
Many people invest in real estate because the general trend of property is that it increases in value. As such, your returns are guaranteed over some time. It is important for you to understand these factors before you invest in real estate. 1. Purpose Before purchasing either land or a building, the first factor is to determine why you are making the purchase. For land, consider factors like: – Is it for immediate settlement, immediate construction or for speculation purposes. Are you purchasing for your use or you would like to resell? The same case applies to purchase of a house.…