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DANGEROUS.....BUYING A HOUSE / HOME IN A FLAT
Rank: Member Joined: 1/16/2010 Posts: 672 Location: nairobi
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I have of late been thinking of those people who bought flats i.e a house in a second or third floor or any floor above the ground floor!!! What happens incase of say an earthquake or any other calamity that destroys such a bulding??? How do you rebuild your house esp. if the guy on the ground floor does not cooperate or lacks cash??? Is this a case where your home ownership is under the mercy of someone else?? God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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Rank: Member Joined: 5/28/2010 Posts: 151
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This is the Abunuasi's story....  .."Hold your 01st Floor I wanna destrol my ground floor"...You8 must buy the 1st floor too otherwise u r in shit...  Ni Uhuru wa Mbesha...Niguo kana tiguo?
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Rank: Elder Joined: 6/20/2007 Posts: 2,067 Location: Lagos, Nigeria
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he he he The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Member Joined: 8/17/2010 Posts: 116
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mjuaji wa stocks wrote:I have of late been thinking of those people who bought flats i.e a house in a second or third floor or any floor above the ground floor!!!
What happens incase of say an earthquake or any other calamity that destroys such a bulding???
How do you rebuild your house esp. if the guy on the ground floor does not cooperate or lacks cash???
Is this a case where your home ownership is under the mercy of someone else?? I have my flat on 1St floor. We have registered society & each flat holders got one share of limited company.We are paying monthly maintanance charges which include Security, backup charges, Garderner salary, common electricity, dustbin collection charges, general maintanance plus Insurance cover for whole premises which includes all flat, boundry wall & common area. Insurance covered All Risk, Riot, Earthquake etc.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Create a management company where each apartment owner has an equal share. Contribute service charge (each month or as agreed) to manage the block. Part of the management will be payment of insurance for the block.
In the event of a peril, the insurance company will compensate the company for the loss, proceeds of which can be used to reconstruct.
If you cant agree on a common insurance insurance, as is nearly always the case, cover your individual apartment, when compensated, buy another flat elsewhere and leave the bastard who never insured to hold the debris oops can.
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Rank: Chief Joined: 8/24/2009 Posts: 5,909 Location: Nairobi
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hii concept ya kunua ka-nyumba suspended in the air, i really find hard to accpet..but @kirti seems to like it
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Rank: Member Joined: 1/16/2010 Posts: 672 Location: nairobi
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@KIRTI......Yaani own a home and then pay premiums for your home….aaaaaihh!!! I find that an unnecessary burden. Home should be a place you are free from uncontrolled expenses….hiyo sitaki! God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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mjuaji wa stocks wrote:@KIRTI......Yaani own a home and then pay premiums for your home….aaaaaihh!!!
I find that an unnecessary burden. Home should be a place you are free from uncontrolled expenses….hiyo sitaki!
@mjuaji all homes worthy calling a home have a cost, hata kama ni stand alone it has a cost on insurance, land rates, security charges or your own, waste charges, water/power. maintenance charges rangi na kadhilika... the cost is not only on a flat its across board
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Rank: Member Joined: 11/18/2009 Posts: 175
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nostoppingthis wrote:hii concept ya kunua ka-nyumba suspended in the air, i really find hard to accpet..but @kirti seems to like it though you may not agree with me this is the way to go now and in future there is only so much land to go round for every body. well i also want to own a plot i may do that but its not going to last Some you win some you lose
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Rank: Member Joined: 11/18/2009 Posts: 175
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Jamani wrote:mjuaji wa stocks wrote:@KIRTI......Yaani own a home and then pay premiums for your home….aaaaaihh!!!
I find that an unnecessary burden. Home should be a place you are free from uncontrolled expenses….hiyo sitaki!
@mjuaji all homes worthy calling a home have a cost, hata kama ni stand alone it has a cost on insurance, land rates, security charges or your own, waste charges, water/power. maintenance charges rangi na kadhilika... the cost is not only on a flat its across board spot on if anything its cheaper in a flat consider having to employ your own watchman and garderner and all that and then you have to supervise them in a flat you outsource that since the cost is shared to security company(not necessary G4S) and cleaning companies and you are hassle free. all option have their advantages and disadvantages it all depends on your bias anyway for a society where people start by buying a piece of land that they dont need upcountry as soon as they get their first job its going to be very hard tio sell to them the idea of owning a "suspended house in the air" Some you win some you lose
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Rank: Member Joined: 1/16/2010 Posts: 672 Location: nairobi
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@Jamani….sasa hiyo yote mimi najua ….lakini hii nyumba ya hewani….hapana….na je wale mnaoishi this kind of houses….you still pay for land rates besides insurance ama? God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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Any lease is entitled to all legal levies "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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I am surprised by the level of ignorance displayed here.....unbelievable Nothing great was ever achieved without enthusiasm.
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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@njung'e ignorance and mis-information are two words.to you which one is more friendly? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mjuaji wa stocks wrote:@Jamani….sasa hiyo yote mimi najua ….lakini hii nyumba ya hewani….hapana….na je wale mnaoishi this kind of houses….you still pay for land rates besides insurance ama? @mjuaji iko sheria naitwa Sectional Properties Act. Protects rights of people in flats. You have to respect your flatmates' rights, like you can't decide to bomoa one of "your walls" because it is your's. Life is short. Live passionately.
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Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi
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Securitywise.....a flat any day!!!! ..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Rank: Elder Joined: 10/14/2009 Posts: 2,057
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........i need somewhere to grow some sukuma wiki and nyanya - Sasa kwa flat nitapanda sukuma wapi? Kwa gunia?? If you are an eagle don't hang around with chickens; chickens don't fly....
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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vinii wrote:........i need somewhere to grow some sukuma wiki and nyanya - Sasa kwa flat nitapanda sukuma wapi? Kwa gunia?? HAHA! GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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McReggae wrote:Securitywise.....a flat any day!!!! Security among groups is a myth really. Especially with these G4S 'guards' running around. Ama just give watchies guns. Saa hi, if confronted with gangsters with guns, watado? On Friday near a place I live, somebody got carjacked in his own carpack (lives in a group of flats) There are 2 gates to get into the estate. The thieves are even suspected to have been lying in wait inside the estate. GOD BLESS YOUR LIFE
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Rank: New-farer Joined: 4/26/2010 Posts: 6 Location: dxb
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youcan'tstopusnow wrote:vinii wrote:........i need somewhere to grow some sukuma wiki and nyanya - Sasa kwa flat nitapanda sukuma wapi? Kwa gunia?? HAHA!  @ vinii..ukilima sukuma kwa flat mama mboga na wakulima wa kimende watafanya... i view this as an investment opportunity..quick view am working in a firm we are managing 272 apartments..1,2 brd+++ deluxe in 42 floor hse. each apartmnt owned by diff person.same building we have 208 rooms 5*hotel...revenue generated is shared to owners depending on rate of occupancy not forgetting some owners have negotiated with us for a guaranteed rent share in the next five years....most of the services ie security n maintenance work etc is outsourced/contracted to third parties...end month we send rent share to the owners in UK,ireland, croatia, usa and some kenyan indians...the process is very transparent n properly audited... Businessmen do more good by creating jobs and wealth through investment, "not by being Santa Claus."- Carlos Slim.
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DANGEROUS.....BUYING A HOUSE / HOME IN A FLAT
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