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How much do you pay in rent?
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Coolio
#11 Posted : Thursday, October 11, 2012 11:17:13 AM
Rank: Elder

Joined: 10/28/2008
Posts: 2,276
Location: Kibish
I don't pay rent
Nadondosha meli kubwa seuze ngalawa!
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keraka
#12 Posted : Thursday, October 11, 2012 11:25:22 AM
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.
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AlphDoti
#13 Posted : Thursday, October 11, 2012 11:29:57 AM
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 Applause Applause
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.
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2012
#14 Posted : Thursday, October 11, 2012 11:32:22 AM
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 :)
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AlphDoti
#15 Posted : Thursday, October 11, 2012 11:55:35 AM
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.
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jaggernaut
#16 Posted : Thursday, October 11, 2012 12:05:31 PM
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.
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  | | Edit by user: Thursday, October 11, 2012 12:07 PM | Reason: Not specified
mkeiyd
#17 Posted : Thursday, October 11, 2012 12:11:23 PM
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.
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2012
#18 Posted : Thursday, October 11, 2012 12:34:55 PM
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 :)
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Impunity
#19 Posted : Thursday, October 11, 2012 12:42:00 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
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.
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aemathenge
#20 Posted : Thursday, October 11, 2012 12:53:07 PM
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.
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