Wazua
»
Market
»
Pennywise
»
How much do you pay in rent?
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
I know how much you pay in rent depends on your income and status but no matter how much you earn there's just a figure you'll feel pain parting with to enrich someone else. What's that figure for you?
BBI will solve it :)
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 1,182
|
More than a fifth of one's take-home.
|
|
|
Rank: Member Joined: 7/21/2010 Posts: 249 Location: nairobi
|
20% gross of salu. ..desire to succeed is always fighting with fear of failure..
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
I cant pay someone more than 50K pm when I dont have my own house somewhere in Syokimau or Rongaa. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 3/31/2008 Posts: 7,081 Location: Kenya
|
This is how my man @McReggae would answer you, "Yawa, if i was to pay MYSELF rent, it would be upwards of 200k. But do I say"
|
|
|
Rank: Veteran Joined: 8/25/2012 Posts: 1,826
|
|
|
|
Rank: Member Joined: 7/17/2011 Posts: 627 Location: Mbui-Nzau, Kikumbulyu
|
I get paid rent by 4 people around Nairobi 2 others in Mombasa 1 in machakos and 2 in Nakuru..but i also pay my landlord along with 4 of my neighbors ..and guess what my landlord also pays rent too!! i have not pegged my rent on my "salu" only but on an aggregated factors ..location being the lead
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
If rent falls anywhere near a mortgage figure, I'd rather take mortgage.
|
|
|
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
|
12k. Around 6.5% of my current gross. Why so mean? To cover the 3-4 months i will be contractless. Receive with simplicity everything that happens to you.” ― Rashi
|
|
|
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
|
I pay 15k stay in place where on the balcony i can see and smell the rural landscape from the bedroom at night I can see the nairobi lights. rent covered by dividends income.
|
|
|
Rank: Elder Joined: 10/28/2008 Posts: 2,276 Location: Kibish
|
I don't pay rent Nadondosha meli kubwa seuze ngalawa!
|
|
|
Rank: Member Joined: 2/24/2010 Posts: 637 Location: Nairobi
|
I sometimes cringe with awe when friends or collegues tell me they are paying upwards of 70k amonth (840 k p.a)in those floating houses of kilimani/westlands/kile etc. Unless you are in stable bizna,or other investments earning handsome income. That said i pay mortgage in eastlands and is set to collect some little rent from the extensions in the property. The only thing necessary for the triumph of evil is for good men to do nothing.
|
|
|
Rank: Elder Joined: 6/20/2008 Posts: 6,275 Location: Kenya
|
wanyee wrote:I get paid rent by 4 people around Nairobi 2 others in Mombasa 1 in machakos and 2 in Nakuru..but i also pay my landlord along with 4 of my neighbors ..and guess what my landlord also pays rent too!! i have not pegged my rent on my "salu" only but on an aggregated factors ..location being the lead @wanyee  I think paying rent pa see is not the question. It should be how much is acceptable at different situations. Like @wanyee for example, you may have property in places you do not live, so that means you have to pay rent wherever you are. And if you can afford 100K, why not? Your businesses may be financing your expenditure.
|
|
|
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
You all sound single. Anyone with a family? I don't know whether you'd fit a family in a 15k house and I'm talking of locations that are not too inconveniencing for work and school for the kids.
BBI will solve it :)
|
|
|
Rank: Elder Joined: 6/20/2008 Posts: 6,275 Location: Kenya
|
2012 wrote:You all sound single. Anyone with a family? I don't know whether you'd fit a family in a 15k house and I'm talking of locations that are not too inconveniencing for work and school for the kids. Why not? It depends on the location. Didn't you know there are some people paying as low as 8K for two bedroom flat in Nbi, radius of 5km from CBD? ask around.
|
|
|
Rank: Elder Joined: 10/9/2008 Posts: 5,389
|
Rent should not be more than 30% of your net income. That said i always wonder how much people earn coz all rental properties, even in upmarket areas charging over 200k pm have tenants.
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 1,182
|
2012 wrote:You all sound single. Anyone with a family? I don't know whether you'd fit a family in a 15k house and I'm talking of locations that are not too inconveniencing for work and school for the kids. @2012, There are locations out there you get 2-3 bed-roomed houses for less than 15k,the kids go to school and parents get working. I believe the question was how much is too much when it comes to rent.
|
|
|
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
mkeiyd wrote:@2012, There are locations out there you get 2-3 bed-roomed houses for less than 15k,the kids go to school and parents get working.
I believe the question was how much is too much when it comes to rent.
I'm not disputing, it's just that I saw many quoting around 15. Anyway which locations can you get a 3bedroom for 20k and under?
BBI will solve it :)
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
2012 wrote:mkeiyd wrote:@2012, There are locations out there you get 2-3 bed-roomed houses for less than 15k,the kids go to school and parents get working.
I believe the question was how much is too much when it comes to rent.
I'm not disputing, it's just that I saw many quoting around 15. Anyway which locations can you get a 3bedroom for 20k and under? Lucky Summer huko kwa Conje. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
|
2012 wrote:mkeiyd wrote:@2012, There are locations out there you get 2-3 bed-roomed houses for less than 15k,the kids go to school and parents get working.
I believe the question was how much is too much when it comes to rent.
I'm not disputing, it's just that I saw many quoting around 15. Anyway which locations can you get a 3bedroom for 20k and under? Kanyotu (Muthaiga) Estate, Kerugoya. 8k for 3 bedroom master en-suite.
|
|
|
Wazua
»
Market
»
Pennywise
»
How much do you pay in rent?
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|