The Kenyan Dream for most people definitely involves owning some apartments and getting paid rent every month. The security and predictability of rents as an income stream beats many investments hands down. However, while many people fantasize about this, very few talk about the problems that come up during operationalizing of the property. The myth out here is that rental properties are a “set-it and...
Real estate is the most preferred investment vehicle in Kenya today and it is for a good reason. While investment companies are slowly selling to Kenyans the idea of paper wealth in the form of stocks, T-Bills and Bonds, Kenyan’s still want property. And this makes a lot of sense, the tangible nature of property makes an owner feel a sense of security. Moreover, you have much more control over your asset...
Waiyaki Way is a corridor located West of Nairobi CBD. The area hosts a number of estates that are not only affordable but come with security, greenery and a semi-urban vibe. If you are into nature and wellness, I would definitely recommend moving along this area. However, what sets this zone apart from the rest is its proximity to working nodes like CBD and Westlands. Majority of people living within...
Over the years, some of the complains I have received from tenants is that their units are too expensive for the quality they are getting. While I had ignored this issue earlier, in recent times, it seems that the issue is becoming a growing concern. In developed countries where systems work, there is often a Fair housing act or some laws set to protect renters from this exploitation. However, in Kenya,...
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