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INVESTING ON REAL ESTATE

  Key Reasons to Invest in Real Estate Real estate is growing more and more at such a fast rate. Now most people don't really want to get involved in real estate because their own reasons. Here are 5 reasons why you should invest in real estate that might change your mind. 1.Cash Flow Cash flow is the net income from a real estate investment after mortgage payments and operating expenses have been made. A key benefit of real estate investing is its ability to generate cash flow. In many cases, cash flow only strengthens over time as you pay down your mortgage—and build up your equity. 2.Tax Breaks and Deductions Real estate investors can take advantage of numerous tax breaks and deductions that can save money at tax time. In general, you can deduct the reasonable costs of owning, operating, and managing a property. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 3.Real Estate Leverage Leverage is the use of various financial instruments or borrowed capit...

Where to Buy Land: County to Upgrade Major Rural Roads in Kesses

The County Government of Uasin Gishu is planning to upgrade a 6 kilometers road from Chepkongo'ny center to Cheptiret Center in Cheptiret/Kipchamo Ward, Kesses Sub-County to a bitumen road. The exercise is expected to be completed before December 2021. The County’s Department of Roads, Energy Transport, and Public Works has already completed the collection of data for the upgrading of the road. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 The road is one of the major rural roads in Cheptiret/Kipchamo Ward, Kesses Sub County, and its upgrade is expected to solve the perennial flooding problem at ACK St. Lukes Cheptiret School at Cheptiret Centre. Roads County Executive Committee Member Eng. Gideon Birir while leading the data collection exercise said proper drainage structures will be provided along the road which is very important for accessibility to markets for farmers. Baoriat Agencies  is committed to helping you find the best place for you to set...

The 5 Key Things You Need To Do Before Leasing Land I

The 5 Key Things You Need To Do Before Leasing Land In Kenya Before you enter into an agreement for leasing land in Kenya,  it is essential that you have a clear understanding of the nature of the undertaking you are committing to get into.   Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 Here are 5 things to consider before leasing a land: # 1. Search For The Property Now that you have established that you want to lease land for commercial reasons you will go to the market to find potential lessors willing to lease to you land suitable for your purposes. You will have identified the why (usually the reason for which you want to lease like say an agri-business) and the when (when you wish to commence operations and for how long you want to run the lease). And once you find potential lessors, you will negotiate some basic terms before hashing out a final agreement.   You can source for information from a wide variety of sources including the in...

BEST PLACES TO VISIT WHILE IN ELDORET

  Eldoret has over the years been known for its beautiful scenery, the rift valley, it wildlife and the beautiful people in it. People often ask the places to visit in Eldoret where they can have family time, maybe ride a horse or a dirt bike or a boat, play games eg football, arrow shooting, golf etc.. Am going to share with you some incredible places I have visited while in Eldoret.   We will start with the Lobo Resort. It is located near Kapseret . Has got a lot fun facilities such as boat riding, has got a chance where you can either you order food or bring your own food and let them cook for you. There is a nice playing ground with arrow shooting. Good place for ceremonies such as weddings, engagements and birthday parties. Next is Koromosho. This site is actually a waterfall site. Located on your way to Mugobet an area in Kipkenyo. Good for taking pictures. Take loved onces on a hike this is your ideal place. Then there is Rupa. This is actually both a business cent...

All Title Deeds to Be Allied With Geographical Coordinates in Bid to Stop Land Fraud

The government is in the process of cleaning all title deeds to ensure they have corresponding geographical coordinates. This is in what President Uhuru Kenyatta says is part of his administration’s efforts to stop land fraud. Speaking during the marking of the 2021 Mashujaa Day in Kirinyaga County, the President noted that the cleaning process will help “stamp out fake titles and restore the sanctity of the title deed.” The head of state also noted that the Ministry of Lands is undertaking digitization of the land registries after a messy manually managed system for the past 125 years. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 “Some of this mess was deliberate, engineered to facilitate land theft and corruption. But with the help of this youth-led team, we have begun the process of digitizing the land registry. What has surprised us, as we reference title deeds with geographical coordinates, is the historical fraud in our land sector. We have ...

Red Flags to Look Out For When Buying Land in Kenya

Buying land in any part of Kenya always comes with its own risks. There are high chances and likelihoods of a buyer falling into the hands of conmen/women out to take advantage of the high demand in the sector. If you are a person interested in buying land, be ready for the risks – but most importantly, be keen to follow due process – it helps reduce the risks involved. Talking of due process, if you want to buy land, the very first step involved is identifying the piece of land/property that you want to purchase. Get the land’s title deed copy from the owner/company and then be sure to do a search at the Land’s registry. Probably you have read tens of times about land search – this is an important step that will enable you to know the actual location of that piece of land, its size, real owner, and any issues attached to it (maybe it has been used to take an unpaid loan, etc). Once satisfied with details acquired through land search, you as a buyer will need a lawyer to draw a ...

IS ELDORET BECOMING MORE ECONOMICAL?

Eldoret has stunned many by the continuous development program going whether its is initiated by the government or by individuals companies. We are seeing Eldoret become more economical. For the last eight years projects have been undertaken starting form the business projects to residentials to recreationally projects. Am going to talk about three of those projects. Lets start with the Bypass that runs all the way from Maili tisa through Kapseret to Cheplaskei. Over the years the heavy commercials trucks used to travel through the Uganda road and this caused a lot of jams and destruction of the roads. The bypass was proposed so as to help prevent this type of effects. Then there is the the Rupa projects. Now this was developed as both a business center and a place for family. It has been referred as one of a kind in the Nothern region. It has got next level facilities from the gym, swimming pool, cinemas, kids playground. It has got hotels, a supermarket, ...