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Showing posts from April, 2022

SHOULD YOU INVEST IN LAND?*

Real estate is a good investment in Kenya because the returns are very high. There is a high demand for land and homes. The supply is deficient, and the demand for property is skyrocketing in Kenya.   The value of the property appreciates in a relatively short period. There is one of the many profitable ways of making money via land dealing. Buying a large track of land and sub-divide it into small portions. This makes you a land dealer because you buy land in acres. Sub-divide it into smaller plots and sell to willing buyers.   Some buyers could buy to build homes or rental properties. Others might buyer to hold and sell at a higher price in the future.   After you sub-divided the land you will have to sell the smaller portions of land. These smaller portions are known as plots.   If one acre of land cost you 2 million, you could end-up making 6 million in gross sales. All you need is to sub-divide the land into one eighth (1/8) pieces (or plots of size 50 x 100 square feet.)   Sel