Rhodah R, property consultancy A.

07/03/2022

Plots for sale

21/02/2022

You can't save your way to wealth because Money loses its purchasing power over time when stored in cash,you need to invest your savings

04/02/2022

Freehold property.
This means permanent and absolute tenure of land /property with freedom to dispose of it at will
It's free from hold by any other entities besides the owner..

Freehold is considered a fixed asset unlike stocks,cash on hand,debtors that are considered as current assets .

advantage of freehold property.
*)Free lease extensions;you can usually extend the lease to 999 years at no extra cost.
*)No ground rent
*) Addition of value to the property and be able to resell
*)Easy to sell due to ownership
*)Bank loans and refinancing is easier for freehold land
*) Capita appreciation compared to leasehold property
*) Doesn't depreciate unlimited useful life

Disadvantage
1)Pay more down payment for blocking the unit
2)Insurance to cover against uncertainty and risk leading to high expenditure
3) Maintenance if it's property ie flats.

Freehold is the best investment
Estate 5 with freehold titles going for 800k.
Get in touch

17/01/2022

Why building a house is preferable than buying?
1) Personal touch building allows you to customize according to your taste.
2) Financial freedom ability to build at your own pace
*Can make money using your own compound.
*Building an asset that can be passed to generations .It always appreciates

3) supervision to ensure you are not short changed or robbed.
You can make and build your own palace
There is nothing like a remote area ,places like Donholm,Buruburu were considered far off but now they are thriving.

11/01/2022

10/01/2022

10/01/2022

Steps when purchasing land.
1) site visit check out for beacons .
Beacons show the shape and size of land.Distinct boundaries

2) official search done at the ministry of lands.
Copy of title deed is required, filling of search application form and pay KSH 500
3) Search at the county office because if they are unpaid land rates they will affect the price.
4)Land maps from survey of Kenya.Two maps are issued one map is to scale and the other one is an overview of lands adjacent.
Pay KSH 300.
5) Ground verification with the surveyor to check out the dimensions.
6) Sale Agreement prepared by the seller.documents included are:transfer forms from the company in triplicate
3 photos each of 2 directors
Copy of registration of the company
Land control board license
7) Payment to seller

8) Payment of stamp duty.2%Agricultural land
4%local municipality

10) Exchange of documents

03/12/2021

Wow,the best season to invest in lands is here.Here are the major reasons to go for a site visit.
1.accessibility: can the area be reached to by all means,bikes,cars and walking.
2.Flooding and land slides..does the area experience land slides
3.soil what type of soil does it suit construction or farming.

I wish you all the best.