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How much do you pay in rent?
S.Mutaga III
#71 Posted : Sunday, October 21, 2012 7:40:19 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
Money Whisperer wrote:
S.Mutaga III wrote:
Nothing...am dating the landlords wife...what do you expect...cwes lipa...all proceeds to nse...pap!

game yako iko chini aje.Shame on you I'm dating the landlady mwenyewe so no hassles and the extras ni kibao, kupelekwa mugithi (Ino ni momooo suduu)when she comes end month to collect rent, lunch ni lazima

In my case,the relation is purely symbiotic,with no strings attached...i have a reputation to protect,and her a home to protect...chini ya maji pap!
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Foz00
#72 Posted : Monday, October 22, 2012 8:12:36 AM
Rank: Member

Joined: 1/13/2011
Posts: 297
Location: Nairobi
GGK wrote:
Anything above 20k is anathema to me.

Used to pay 15k, calculated for 6 yrs... it came to 1m. My landlord insulted me [heshima ndogo] I attacked him in retaliation. A few blows were exchanged. The following day I bought a container and started living in it.


Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause
How long before you moved from YOUR container into your house?
skforce
#73 Posted : Monday, October 22, 2012 10:21:39 AM
Rank: Hello

Joined: 10/17/2012
Posts: 4
essyk wrote:
wanyee wrote:
essyk wrote:
ooh how wish I was somebody's landlord.

Mukuru Kayaba ..you can be a slum Lord at 70k pending repossession by NHC


Laughing out loudly silly.
No I meant skforce's Landlord!



smile Sooner than later I will build a house, but look at this way, spend 15m to build one now or invest the money and double it in 6-8 months, very tempting.

Secondly, I was in business partnership with a guy who rushed to build a house using the initial profits just because he didn't like to pay rent. His side of business stalled due to under-capitalization. To make things worse, he build his house on a plot with a "certificate".

Sometimes, just paying rent for just a little longer might pay-off, moreso if you in business.
GGK
#74 Posted : Monday, October 22, 2012 1:34:30 PM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
Foz00 wrote:
GGK wrote:
Anything above 20k is anathema to me.

Used to pay 15k, calculated for 6 yrs... it came to 1m. My landlord insulted me [heshima ndogo] I attacked him in retaliation. A few blows were exchanged. The following day I bought a container and started living in it.


Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause
How long before you moved from YOUR container into your house?


Six months.... but my dignity was intact
"..I am because we are. "― Ubuntu, Umtu,
Mukiri
#75 Posted : Monday, October 22, 2012 3:47:46 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
madhaquer wrote:
Alot of this executives living in apartments and houses where rent is over 100k usually get their employers to pay for them.

Don't be dupped trying to be like the Jonses if you are in Nairobi for the medium to long haul and you can afford a house, get one. Property prices will not be going down.


A bright chap would have the same employer pay mortgage, disguised as rent, no?

Proverbs 19:21
ralp_mutu
#76 Posted : Tuesday, October 23, 2012 6:09:20 AM
Rank: Member

Joined: 3/26/2012
Posts: 232
Location: Nairobi
I pay 10k but for reasons i never got, the landlady reduced my initial rent of 13k. But i am happy with that. Currently staying with my friend as i have rent it out to a muzungu for 6days!!
My folks told me that my very first word was 'billionaire'
kiash
#77 Posted : Wednesday, October 24, 2012 6:48:09 PM
Rank: Veteran

Joined: 4/27/2010
Posts: 951
Location: Nyumbani
Wow some people are lucky, am paying a rent of kitu 70K for a 2 bedroom house which is a bargain where I live. I moved out coz I have two kids and was living in a 1 bedroom apartment paying around 55K. I take home not a quite reasonable figure. I would love to get a mortgage but the chumes I save the bank will hear nothing of it. I did a calculation for the last five years I have spent like 3M on rent alone. I would love to go see my banker and tell him since I can afford to pay rent, I can also afford to pay a mortgage but he will not listen.
mawinder
#78 Posted : Wednesday, October 24, 2012 6:58:44 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
Kiash,70k for a 2 bedroom?rip off.you can get a 2 bedroom in a decent place in Nairobi for around 30k.
washiku
#79 Posted : Saturday, January 12, 2013 10:40:37 PM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095
Can I get a two bedroom in the areas within/around Westlands for 25k? Anyone?
earthvoice
#80 Posted : Sunday, January 13, 2013 1:02:56 AM
Rank: Member

Joined: 1/29/2011
Posts: 257
kiash wrote:
Wow some people are lucky, am paying a rent of kitu 70K for a 2 bedroom house which is a bargain where I live. I moved out coz I have two kids and was living in a 1 bedroom apartment paying around 55K. I take home not a quite reasonable figure. I would love to get a mortgage but the chumes I save the bank will hear nothing of it. I did a calculation for the last five years I have spent like 3M on rent alone. I would love to go see my banker and tell him since I can afford to pay rent, I can also afford to pay a mortgage but he will not listen.


Something is not right here... I suspect you are living way beyond your means.Think
Might want to reconsider where you live (where do you live btw? What neighbourhood is this?
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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