The good thing about property is that it keeps on appreciating as the years go by. Take land for example. A piece of land bought for Ksh.10,000 in 1990 is worth 3 million in 2020. That is the reason many people buy land and don’t develop it. They wait for 10 years and sell. The profit margin is huge. The land index by Hassconsult says that an acre of land at Upper Hill was selling at 30 million in...
2024
Commercial real estate, or real estate that’s intended to be used for business purposes, comes with a number of benefits if you’re considering investing in it. While it has risks associated with it, commercial real estate offers higher returns than other kinds of investment vehicles, such as stocks and bonds. Here are seven reasons why you should invest in commercial real estate right...
You may have heard that investing in real estate is one of the best ways to grow your wealth, and this is true. The problem is that many people don’t understand how real estate investing works or simply don’t know where to begin. It can be a bit overwhelming at first, but real estate investing can be a great way to build wealth over time. And fortunately, it isn’t as complicated as you might...
Most land buyers often ask to see the title deed before buying land. However, a majority lose their hard-earned money in the process despite getting the document. According to Solomon Wangwe, a real estate developer, the title deed can be considered a “useless” document in such cases. Wangwe says TSWT often forget to look for other relevant documents that complete the land purchase process and...
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