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1,000,000 bob a month - REQUIRED
Pure millioneare(PM)
#21 Posted : Friday, September 06, 2013 12:09:24 PM
Rank: Member


Joined: 11/1/2008
Posts: 38
alma wrote:
Get in touch with me. Currently taking on new shareholders. It's been tried tested, verified, now needs to scale.....



can you elaborate, what is this tested and verified?
alma
#22 Posted : Friday, September 06, 2013 12:18:29 PM
Rank: Elder


Joined: 7/20/2007
Posts: 4,432
Pure millioneare(PM) wrote:
alma wrote:
Get in touch with me. Currently taking on new shareholders. It's been tried tested, verified, now needs to scale.....



can you elaborate, what is this tested and verified?


tried before and tested on a local beta group...and no I can't elaborate here.
Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
mawinder
#23 Posted : Friday, September 06, 2013 12:30:23 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
TNT wrote:
My two cents: @Mawinder seems to have an interesting proposition on this thread http://www.wazua.co.ke/f...px?g=posts&t=25653.

http://www.wazua.co.ke/f...aspx?g=posts&t=25653
Pure millioneare(PM)
#24 Posted : Friday, September 06, 2013 1:50:46 PM
Rank: Member


Joined: 11/1/2008
Posts: 38
alma wrote:
Pure millioneare(PM) wrote:
alma wrote:
Get in touch with me. Currently taking on new shareholders. It's been tried tested, verified, now needs to scale.....



can you elaborate, what is this tested and verified?


tried before and tested on a local beta group...and no I can't elaborate here.


very good. wish you well.
McReggae
#25 Posted : Friday, September 06, 2013 3:18:37 PM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Shylock: 4M will get you a return of 1M per month, you charge at 25% interest every month!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
The Associate
#26 Posted : Sunday, October 06, 2013 4:47:05 PM
Rank: New-farer


Joined: 9/2/2013
Posts: 22
FACTS AND FIGURES
- There is a demand of over 100,000 housing units annually in Kenya
- There is a supply of only about 20,000 units
- Population growth is projected to grow exponentially in Kenya over the next twenty years or so
- Available land that can be used for agriculture and settlement is slowly declining due to desertification
- Hardly any feasible land reclamation methods have been implemented
- Most people in Kenya made their first million after selling land

BUSINESS OPPORTUNITY
The business opportunity here lies in land speculation. Forget about the housing units. Leave that to the experts a4architect et al. With a capital of Ksh 24 million, you can speculate in land and make more than 12 million annually which when divided by 12 months equals 1 million per month. Do not forget that you can lease out the land to e.g a person who wants to set up a greenhouse as you wait for the land to appreciate. The rents from the pieces of land could cater for your land rate costs etc.
ADVANTAGES
- Limited downside. Hardly anyone loses money from land speculation. The worst you can do is break even. Just make sure you buy land around Nairobi, Nakuru or Kisumu.
- Multiple sources of returns. You can earn rent from the land as you wait for it to appreciate.
- Extra-ordinary returns if the deals are executed well. Just make sure you assess the potential of an area. Avoid developed areas and go for developing areas with an increasing population. Some plots around Nairobi have seen their prices triple in a matter of months.
- The passive nature of the investment. You said you need a passive investment. Land speculation is a passive venture hence it will suit you.
DISADVANTAGES
- Conmen/women. Due diligence is a must.
- Illiquidity of the investment. This one depends again on where you buy the land. Buy in a developing area in a major town or city.
- Expensive nature of research and problems getting reliable information.
SOLUTIONS TO DISADVANTAGES
- Engage a lawyer who understands conveyancing in addition to doing due diligence on your own.
- Buy land in developing areas where the demand for land by real estate developers is likely to go up. Remember these are your prospective clients. This will reduce the illiquidity problem.
- Expensive research costs can be greatly reduced by good use of the internet. The internet could be used to search for a number of prospective locations to buy your land. Use elimination methods such as prioritizing according to population growth, your budget,expected and ongoing developments in the areas etc. Once you have five different locations, you can now incur the transport costs to these areas.

JUST A THOUGHT
Chaka
#27 Posted : Sunday, October 06, 2013 10:08:00 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
@The Associate,
Okay.So where have you bought land or intending to buy??
Kalameni
#28 Posted : Monday, October 07, 2013 9:08:31 PM
Rank: New-farer


Joined: 9/20/2010
Posts: 79
associate agree with yu on land as a passive investment but disagree on one limiting himself to three urban areas only.
The Associate
#29 Posted : Wednesday, October 09, 2013 11:53:41 AM
Rank: New-farer


Joined: 9/2/2013
Posts: 22
Kalameni wrote:
associate agree with yu on land as a passive investment but disagree on one limiting himself to three urban areas only.

The reason is simple. Population grows exponentially. Urban population is more per square kilometer than rural population. The only trick is to avoid high income areas that are turning middle class such as Kileleshwa.
The Associate
#30 Posted : Wednesday, October 09, 2013 12:18:51 PM
Rank: New-farer


Joined: 9/2/2013
Posts: 22
Land speculation to me seems the best way to use the least capital and make one million a month. Assuming you are a seasoned speculator, you will average 50% each year when you consider capital gains and rents from leasing these pieces of land to interested parties. That means a capital of 24 million. You also require excellent bargaining skills so that you can buy prime land cheaply. Never compromise on location. All other activities that can earn you one million per month with capital of less than 24 million require full time attention which is against what the originator of this thread requires. 5 prime land and you are done. Buy maybe more than half an acre so that it makes sense to lease the land out
washiku
#31 Posted : Wednesday, October 09, 2013 4:02:29 PM
Rank: Chief


Joined: 5/9/2007
Posts: 13,095
McReggae wrote:
Shylock: 4M will get you a return of 1M per month, you charge at 25% interest every month!!!


Risk nayo si iko juu sana? For many you need @Mawinder's Gachii services every now and then...
Chaka
#32 Posted : Wednesday, October 09, 2013 5:12:56 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
washiku wrote:
McReggae wrote:
Shylock: 4M will get you a return of 1M per month, you charge at 25% interest every month!!!


Risk nayo si iko juu sana? For many you need @Mawinder's Gachii services every now and then...


Or these guys
Rollout
#33 Posted : Wednesday, October 09, 2013 7:04:01 PM
Rank: Member


Joined: 4/26/2011
Posts: 759
This is one stupid topic......
The Associate
#34 Posted : Thursday, October 10, 2013 12:00:32 PM
Rank: New-farer


Joined: 9/2/2013
Posts: 22
Rollout wrote:
This is one stupid topic......


Shame on you Shame on you Shame on you Shame on you

I tend to believe the originator had a genuine concern and needed to know the least amount of cash he can invest passively to earn a million per month. If you have nothing to contribute, it is your democratic right to shut up
sumuni
#35 Posted : Monday, October 14, 2013 11:07:54 PM
Rank: Member


Joined: 6/24/2007
Posts: 111
Location: Afrique
Kalameni wrote:
associate agree with yu on land as a passive investment but disagree on one limiting himself to three urban areas only.

Ditto. urban and peri-urban areas in Central have just about the same high returns(I once made 350% return in a span of 11 months) as these 3 cities without you having to break the bank.
But you need good sources on the ground (land deals in Central are very very secretive). Let the brokers/middlemen get their cut and you will always be their first go to guy.
All in all, I do not believe there is currently any business that has a higher return/risk ratio than land speculation in Kenya.
Anyway to each his own.
It is a curious fact that of all the illusions that beset mankind, none is quite as curious as that tendency to suppose that we are mentally and morally superior to those who differ from us in opinion.
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