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Good to be back and another project in the offing!
Penny-Stocker
#1 Posted : Wednesday, May 29, 2019 2:23:32 AM
Rank: Member

Joined: 10/31/2010
Posts: 154
Hello, great Wazua family,

Been a long time. Updates - My first project [HERE] was a success. I learned a lot and the experience was invaluable. Self-build is hard work but you get exactly what you want and save a lot of money in the process. I am happy to report that I have had 100% occupancy. What would have been the second project [HERE] didn't get off the ground due to land issues---grrrr. So I did scrap that project and took time to reflect, went back to school and earned a doctorate degree (a lot of work).....so, should I be called Dr. Penny-Stocker on Wazua? No, Penny-Stocker is just fine. Below is my classmates & I at graduation. What a great bunch of scholars!



Anyway, I have another project planned for Riat/Kajulu Hills - very scenic. Very accessible as well - 200M off Kisumu/Kakamega Road. A five bedroom (all ensuite) unit with a swimming pool on half an acre lot. Wazuans are welcome to stay after completion. Just mention Wazua & you'll get a 15% discount!

Why not apartments, Penny? Below are my reasons!
1. The rental market, for what I would wanna build, is very limited in this market.
2. The "low end" units market is saturated (my opinion) in this lakeside city.
3. The Air BnB & Boutique Hotel biz is picking up as the lakeside city is recording net leisure visitors. I could earn more renting the place on a daily/weekly basis compared to monthly leasing arrangements - just my personal opinion.
4. I will be able to use the house when I'm around.
5. No apartments in this area, just a bunch of single homes.

Take a look at the views & the renders!











(Renders courtesy of my architect)

Subscribe/bookmark for updates! Let the fun, learning experience, and headache begin! It's so much fun to be back on Wazua!
“None but ourselves can free our minds.”
- Bob Marley
Mike Ock
#2 Posted : Wednesday, May 29, 2019 8:39:03 AM
Rank: Member

Joined: 1/22/2015
Posts: 682
Great progress in life. Will you be managing the project from majuu?
Pesa Nane
#3 Posted : Wednesday, May 29, 2019 9:33:39 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Congrats Daktari.
Pesa Nane plans to be shilingi when he grows up.
nairobby
#4 Posted : Wednesday, May 29, 2019 1:18:04 PM
Rank: Member

Joined: 1/18/2019
Posts: 185
Location: kenya
Renders look fantastic and the view is killer. Will definitely stay here when complete
jamplu
#5 Posted : Wednesday, May 29, 2019 2:19:33 PM
Rank: Veteran

Joined: 3/25/2010
Posts: 939
Location: Nai
Great Stuff @Penny-Stocker
itz
#6 Posted : Sunday, June 02, 2019 6:04:10 PM
Rank: Member

Joined: 3/20/2009
Posts: 348
Great stuff Dr Penny-Stocker and congratulations on getting your doctorate.Thanks for sharing your journey and progress.All the best on this new project.Looks good and it doesn't hurt to diversify your product.
obiero
#7 Posted : Sunday, June 02, 2019 6:46:12 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,318
Location: nairobi
Lets make this money
COOP, IMH, KEGN, KQ, MTNU
sparkly
#8 Posted : Sunday, June 02, 2019 6:53:04 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Well done Daktari.
Life is short. Live passionately.
murchr
#9 Posted : Monday, June 03, 2019 12:39:22 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Congratulations and keep up the spirit
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Much Know
#10 Posted : Monday, June 03, 2019 10:34:50 AM
Rank: Elder

Joined: 12/6/2008
Posts: 3,585
Nice!
Ras Kienyeji Man
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