Skip to main content

Posts

13 Reasons You Can't Ignore Investing in Real Estate

 Real estate has long been considered the ultimate pathway to wealth creation by financial experts. Whether it's owning a rental home or having a stake in a commercial property, real estate stands out as an avenue to amass tangible assets that grow in value over time while generating immediate income. For those hesitant about real estate investments, here's a breakdown of why it’s a wise choice: Understanding Real Estate Investment Real estate investment involves buying, managing, and either selling or renting out properties for profit. Unlike owning a home primarily for residence, real estate investing centers on creating value and accumulating wealth. Various options exist in this realm:             Residential Properties:  Houses or apartments leased out for rental income.            Commercial Properties: Office spaces or retail buildings rented out to businesses.          ...

How Dairy farming is more profitable than rental houses

Let’s assume you have a quarter piece of land that you want to development and you’re torn between setting up rental houses and venturing into dairy farming – which one would you pick?  From the face of it, many will choose rentals over farming – largely because there is an increasing demand for rental houses – especially in urban areas.  However, this article will show you why opting for rentals over dairy farming would be a huge mistake – investor wise.  An individual that goes for setting up rentals will require to have capital to build those houses – let’s use Ksh10 million.  This means you will need to go and get a bank loan to finance that project. Ksh10 million can do like 10 one bedroom units, including a perimeter wall and other amenities at the plot.  Once complete, as a tenant you say every house is Ksh7,000 per month which brings a total income of Ksh840,000 annualy (assuming all the units will be fully occupied all through the year).  That amou...

What You Need To Know About Your Rights as a Tenant

Do you what it means for you as a tenant the moment you pay your rent and you are issued a receipt?  Well, if you did not know, allow me to give you a heads-up – what it means under Kenyan Law or any other law globally is that the Landlord is granting you the right to peaceful enjoyment of the property.  Once this is done, you are the one to determine the entrance, usage and safety of the property. You can even sue anyone, including the Landlord for trespass against any trespasser; strangers.  But what of the landlord, is he not the owner of the house? Yes, he/she remains the owner of that flat, unit or house that he/she has rented to you.  The landlord, however, can only supervise and maintain the property generally but must request permission from you as a tenant and within reasonable hours of the day.  Now that you know your rights don't let anyone treat you like a Slave for what you are paying for.  Visit Baoriant agencies to find out if there are any ...

WE REMEMBER OUR PAST

  WE REMEMBER OUR PAST will be a series of blogs to help remember the history of our town.(ELDORET). Title: History of Pioneer Estate in Eldoret: A Testament to Eldoret's Past Introduction: Pioneer Estate , situated in the vibrant city of Eldoret, Uasin Gishu County, holds a remarkable place in the history of the region. This residential area, established in the early 1940s, is not only one of the oldest in Eldoret but also a testament to the city's colonial past. With its origins rooted in the arrival of white settlers from various parts of the world, Pioneer Estate has evolved into a diverse community that cherishes its historical significance. The Early Days: During the colonial era, Eldoret became a destination for white settlers seeking a new life in Africa. Pioneer Estate owes its name to the South African Boer pioneers who migrated to Eldoret and transformed it into a thriving farming town. These settlers were attracted to the region's fertile soils and favora...

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

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...

History of Digital Technology That Will Make You Smarter

The world is today living in a digital era – with almost everything happening within digital technology – from online businesses, and e-learning to banking on your mobile phone. Today, nearly 7 billion people utilize digital technology, but surprisingly only one per cent of them understand it. Allow me to take you through the history and evolution of digital technology that I am sure at the end of it, you will be a smarter user. The first digital algorithm was created in 1843 by Ada Lovelace, a British Mathematician who realized computers could be more than big calculators. 45 years later, which is in 1888, Herman Hollerith invented the tabulating machine to help process data for the 1890 U.S. Census. It was an electromechanical machine that could summarize information stored on punched cards. Hollerith then starts a company that later becomes IBM. In 1936, Alan Turing conceives of the Logical Computing Machine. The Turing machine was a mathematical model of the modern comput...

For Sale: 60 acres of land with coffee

Are you looking to buy land and invest in coffee farming? We have a perfect option for you.  There is an available 60 acre piece of land in Trans Nzoia County, Western part of Kaenya, in East Africa. The land has among others a farm house, godowns, machinery for coffee farming. It is also has a fully irrigation facilities alongside touching on a river. Electricity is available. The 60 acre piece of land is being sold as a going concerns. Price: Ksh3.5 million per acre. Serious buyer (s) can get it touch with us on Mobile Phone Number: +254 721 554937. Baoriat Agencies is committed to helping you find the best place for you to settle in Eldoret town. We walk you through the entire process of acquiring your own property in Eldoret until it has been transferred into your hands. To learn more about buying a property in Eldoret,  Call 0721-554937 WhatsApp https://wa.me/0721-554937   Email evekibet@gmail.com or  Visit us at Juma Hajee Building room number 16, Eldore...