POOLING RESOURCES IS THE FUTURE OF REAL ESTATE INVESTMENTS For the guys asking how Housing Saccos, Investment Groups or Women Chamas can benefit from the real estate pie then a workable idea may be to build two units of three bedroom houses on an 80by40ft plot. Buying land and subdividing among members is a noble idea but its time consuming and most members may grow tired waiting to get individual plots. But I still think it is not financially prudent for a group of more than 10 people to construct such a property and sit back to wait for monthly rent. In my biased opinion the best way is to buy a plot, get the building plans, construct using any building material you prefer and then sell the units immediately so that you can move to the next project and repeat the same process again. A 3 bedroom house is sold at more than 6 million in many areas surrounding Nairobi. Your mission should be: 1. Shared Parking. 2. Sustainable housing technologies. 3. Semidetached units not more than 80 SM each. 4. Prime plots retailing not more than 1.5 million and within 50 kilometers from Nairobi. 5. Keeping the construction cost per 3 bedroom house at less than 1.8 million a unit. YOUR DREAMS ARE STILL VALID THIS FRIDAY. Enjoy the attached 3Ds and keep the comments coming. (Architect: Deno)
Posted on: Fri, 26 Sep 2014 15:32:43 +0000
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