Easy peasy in fact more and I already told you this is a conservative estimate
Why would I sell when I will build more (whether maisonette/apartments) on the same and hold for 50 YEAR CAP GAIN assuming God
lets me live that long. Meanwhile the rents ingia the pockets shwaaa and I hold ZERO LOANS.NO comparison bradda. We have been harping that hapa for years but you casino guys keep opposing us!

Buffett (your hero) reallly isn't into the beautiful world of RE per se so I doubt he would be interested



Typical casino man. 12.5% annualized returns is a big deal to you?? Allow me to
What if I told you I can make a near infinity % return on a property depending on how I structure the deal (advanced principles) Si utazirai?



How else shall we HAMMER PRACTICAL WISDOM into your heads


I NEVER borrow from NOBADY


1. Who says I have just one plot?
2. "economies of scale will improve your margins." I told you before you are a very briliant straight A type with a dearth of practical wisdom. You work with what you read in books. If a bag of cement is 580 fixed including transport to site, how will economies of scale improve my margins here




I rest my case . Join us in RE or perish!!!

What is the cost savings on 5 sinks for 5 maisonettes assuming one costs 5k and I can save 100 bob per sink by buying all 5 at a go? PEANUTS! This model (economies of scale savings) may work very well in the USA and other developed economies where the customers are gouged big at the retail level anyway (as much as 80% markup) , so there is a huge price differential in wholesale and retail. In Kiinya with our already dirt cheap decent quality goods from crafty Chinaman the margins are already razor thin at the wholesale level so the savings are minuscule. Another thing; I can actually SAVE MORE by building SLOWER and on a smaller scale one project at a time. Why? I have way lower carrying costs compared to a full scale operation using loans to do the same.

- interest charges on the loans (as high as 20% p.a!)
- overheads for a full time construction crew; labour, food, accommodation (water stima temporary housing) if on site, and so much more
- the level of theft increases exponentially the bigger the project (theft can eat up to 50% of your construction cost if you are not careful!) the list is endless.

But with my mode of operation I am LIGHT AND QUICK on my feet shwaaaaaaaa, conservative and careful, minimising theft to almost zero, building in stages slowly with no loans which is an almost unbeatable running style (trailing the pack to conserve energy) a la PAUL ERENG!

Very patient man this vvs

Tony you have got to be JOKING
Excepting Sparkles, you are the KING of TROLLS apa Wazoo

Everybody has a little bit of troll in the them, even VVS !

Although with him he knows when to wisely back down when the heat is too much


TOP TROLLS

1. Sparkles (by far) - although he has been behaving lately. It pains him that nobody is interested in his peni mbili, so in order to gain attention on Wazoo, he must latch on to any of its star characters Lets see how long he can last on his own
2. Tony "nimetoka jela juzi " Stark. Hit and run type of trolling ( GUERILLA)
3. amorphous - but only retaliatory
4. Jon Jones (alianza na steam lakini ametulia tulii siku hizi )
5. Psych..oops I mean Tycho (where did he go?)
6. Mukiri. But when defeated in trolling he goes to lick his wounds for 6 months then returns again with gusto.
7. That guy with a feminine sounding name - nimesahau as his posts are usually not memorable anyway
8. NewMbeca: Likes full frontal assault followed by a redeeming post when cornered Very sneaky fellow this one.
Retired trolls:
9. Alphadoti: These days amekimya kiii

NIMESEMA!