Skip to main content

Tips on how to easily raise money and own a house in Kenya

Image
By

It is a dream of every Kenyan to own his/her own house.

Today, every person who has some form of employment is looking at ways to save enough to enable them to buy a house – in this case a house in an urban area, not huko ushago.

Scroll through the internet and you will not miss one or two people asking how to own a house.

Here is a list of 5 tips you can use and be able to generate cash that will enable you to buy your own house, as highlighted by Nation.

Car parking lot

If you happen to own a piece of land/plot that is near a busy highway or road, you should consider turning it into a parking lot for cars.

Target long-distance trucks and matatus for overnight parking – this can easily stimulate more business openings like car-wash, repairs and spare parts shops.

With such businesses operating optimally, be sure to generate enough to buy that dream house.

Airbnb

Another way of making enough money to buy your own house is turning that housing unit you do not use into an Airbnb. Ofcos this is a new trend in town.

If that house sits on land that has a good view of a lake, a wildlife sanctuary and other physical features, or is it deep in the countryside where clients can retreat to unwind and make some memorable experiences, an Airbnb is something to consider.

You don't have to break the bank to put up modern edifices as you convert it into an Airbnb. You can be creative in terms of furnishing and interior decor, and focus on selling it as a unique vacation home.

Leasing

If that piece of land is in a strategic place, it will certainly attract businesses of all kinds. Suppose a firm is looking for a place to put up a godown, a depot or a franchise of their expanding business and you happen to own that place. Here, you'll be making money yearly without doing anything, and while doing so, your land will be appreciating in value. 

And because that firm is a popular brand, there's no doubt other businesses will be attracted to the place too. If your piece is in a place with an erratic network connection, think of a telco company as your customer and lease it for that mobile phone tower. The returns are guaranteed to be high annually.

Farming


 With arable land fast diminishing due to population growth, areas that were once food secure have become food deficient. In some rural areas, large farms have been parcelled out into minuscule plots which have in turn been turned into residential estates. 


Consider doing research on innovative farming techniques for maximum yields. With technological innovation, an eighth of an acre can yield much more food products than an acre. 


A greenhouse in a small piece holding would give much more than an acre of an open field. The trick is to know the market well and do value addition to your products. 

Outdoor advertising

There's one thing that stands out about billboards along highways – they're designed to capture one's attention from afar. If your parcel of land is not far from the main road or highway, think about approaching a company or corporation that specialises in outdoor advertising.

Comments

Post a Comment

Popular posts from this blog

Major Streets in Eldoret Town – Perfect for Mega Investments

By
  If you are looking for a place to put your investment in around Eldoret town, then consider the Central Business District (CBD). With the growing population that is pushing the expansion of Eldoret town – which is currently an economic, education, sports, health and a transport hub for at least 23 counties in the North Rift region and Western Kenya, this Uasin Gishu’s capital is the best bet for your investment. The Eldoret CBD is comprised of FOUR major streets where you can be sure your investment of whatever kind will give you maximum returns. Here are the four major streets in Eldoret CBD: Ronald Ngala Street When you are coming into Eldoret town from Nairobi through Nakuru Highway, this is the first street you will come across as you enter the CBD. Just at the start of Ronald Ngala Street is the iconic Barng’etuny plaza – one of the oldest buildings in the town. Opposite it is several banks including Bank of Africa, Sidian Bank and Cooperative Bank. Other key facilit
Post a Comment
Read more

WHAT ARE TITLE DEEDS

By
  First of all we want to know what exactly is a title deed? A Title Deed according to the dictionary is  a legal deed or document constituting evidence of a right, especially to ownership of property. That means that for one to have claim on a piece of the land, he / she must have a title deed written in his/ her name.  When looking to invest in a piece of land, the first thing you will need to do as a buyer is to conduct an official title deed search at the local land registry. This is often done in the county office in which the land is located. In Kenya there existed different types of title deeds as per the different types of land Acts that have been in existence from colonial times up to the post-independence era. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 Here are the different types of title deed: Indenture :  a title under the Government Lands Act Cap 280 (repealed) Grant :  Government grant under Registration of Titles Act Cap 281 (repealed) a
Post a Comment
Read more

HOW TO MAKE MORE PROFIT AS A POULTRY FARMER IN KENYA

By
Poultry farming is one of the lucrative farming businesses we have in Kenya. Every poultry farmer would wish to make more profit in terms of good cash. We as the Baoriat Agencies  will guide you through your successful journey of poultry farming. Breed choice and the market type are two major underlying factors that will help any poultry farmer make more profit than before. Breed type. In Kenya, we have various breeding types of chicken namely; Rainbow rooster, Kenbro, Kuroiler and KARI improved kienyeji. When it comes to breed type, always opt for the birds with high egg production and has low feed consumption.  KARI improved Kienyeji Chicken are the best breed because they exhibit desirable characteristics such as resistance to diseases, mature very fast as compared to other breed type, have the sweetest meat and also they produce eggs of high quality. They also require an average of 50 grams of feed per day hence, saves the farmer a lot of money used to buy the chicks feeds. Market.
9 comments
Read more