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Somebody tell Jak Katarikawe
Rank: Member Joined: 10/23/2007 Posts: 604
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I feel sad for this great African artist but when it comes to money matters, one ought to adjust when the well goes low or dries up. His next month's rent is 44,000/= and he still doesn't know how he will settle it, after being saved from the auctioneer's hammer recently. Those who are close to him should tell him to move to Kinoo, Kikuyu, or Zambezi where rents are in the range of 15-25K. Alternatively from the single sale of his artwork he can buy a plot in Ruai/Kamulu kaa uzeeni. Being threatened by auctioneers regarding the roof you sleep under is very stressful. Story ndio hii
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting The latter... possunt quia posse videntur
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting Investing while renting is the way to go. If Obiero did it, Who Am I?
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Rank: Elder Joined: 10/3/2008 Posts: 4,057 Location: Gwitu
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Swenani wrote:Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting Investing while renting is the way to go. There is a reason why Equity Bank, Tuskys, Nakumatt to name but a few don't own buildings. Truth forever on the scaffold Wrong forever on the throne (James Russell Rowell)
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Rank: Elder Joined: 12/7/2012 Posts: 11,909
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kaka2za wrote:Swenani wrote:Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting Investing while renting is the way to go. There is a reason why Equity Bank, Tuskys, Nakumatt to name but a few don't own buildings. Really? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 10/23/2007 Posts: 604
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Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting From the up and downs of business,I have come to appreciate the value of a home...whose compound I use to generate some agri-business income. Some things cannot be measured by money..but makes all the sense when money runs out sometimes.
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Rank: Elder Joined: 7/1/2011 Posts: 8,804 Location: Nairobi
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@Coolbull, it's interesting that you've brought this story up. I wonder whether you're an artist?
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Rank: New-farer Joined: 8/23/2015 Posts: 64 Location: nairobi
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Having been in business, a place to call home that is loan free should come first. Business can be tricky sometimes!
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Rank: Elder Joined: 10/3/2008 Posts: 4,057 Location: Gwitu
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Angelica _ann wrote:kaka2za wrote:Swenani wrote:Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting Investing while renting is the way to go. There is a reason why Equity Bank, Tuskys, Nakumatt to name but a few don't own buildings. Really? They prefer to lease mostly but the holding company probably owns the UpperHill HQs building. Truth forever on the scaffold Wrong forever on the throne (James Russell Rowell)
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Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
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Angelica _ann wrote:kaka2za wrote:Swenani wrote:Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting Investing while renting is the way to go. There is a reason why Equity Bank, Tuskys, Nakumatt to name but a few don't own buildings. Really? Porojo.. Equity owns several properties COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
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Angelica _ann wrote:kaka2za wrote:Swenani wrote:Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting Investing while renting is the way to go. There is a reason why Equity Bank, Tuskys, Nakumatt to name but a few don't own buildings. Really? Porojo.. Equity owns several properties COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: New-farer Joined: 2/9/2017 Posts: 65
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kaka2za wrote:Angelica _ann wrote:kaka2za wrote:Swenani wrote:Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting Investing while renting is the way to go. There is a reason why Equity Bank, Tuskys, Nakumatt to name but a few don't own buildings. Really? They prefer to lease mostly but the holding company probably owns the UpperHill HQs building. The Upperhill Equity HQ building is owned by UAP. The past is the past, you either run from it or learn from it!
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Rank: Elder Joined: 10/3/2008 Posts: 4,057 Location: Gwitu
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obiero wrote:Angelica _ann wrote:kaka2za wrote:Swenani wrote:Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting Investing while renting is the way to go. There is a reason why Equity Bank, Tuskys, Nakumatt to name but a few don't own buildings. Really? Porojo.. Equity owns several properties List them. I know JM owns many properties but not sure of any owned by the bank. Truth forever on the scaffold Wrong forever on the throne (James Russell Rowell)
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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where possible own a house when you have the ability hata kama ni nahuko ruai.at least if circumstances change you will have a roof over your head. avoid uncalculated debts. punda amecheka
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Rank: Member Joined: 10/23/2007 Posts: 604
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tycho wrote:@Coolbull, it's interesting that you've brought this story up. I wonder whether you're an artist? Somehow I have been - this industry is very tough. You just have to have another hustle until you break even. Unlike musicians, artists and writers are yet to be 'celebrated' in Kenya.
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Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
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Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
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Coolbull wrote:Lolest! wrote:Brings us back to the debate on whether it's wise to build your house or take the option of investing while renting From the up and downs of business,I have come to appreciate the value of a home...whose compound I use to generate some agri-business income. Some things cannot be measured by money..but makes all the sense when money runs out sometimes. Please share on highlighted
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Rank: Elder Joined: 7/1/2011 Posts: 8,804 Location: Nairobi
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Coolbull wrote:tycho wrote:@Coolbull, it's interesting that you've brought this story up. I wonder whether you're an artist? Somehow I have been - this industry is very tough. You just have to have another hustle until you break even. Unlike musicians, artists and writers are yet to be 'celebrated' in Kenya. Should an artist expect to be celebrated? Should an artist have a home, should he/she expect mercy from accountants? I'm trying to find time to understand Katarikawe, and I'm so confused at the moment...
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Rank: Elder Joined: 3/29/2011 Posts: 2,242
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When a man in his late years cannot be rent, its not funny. Wishing him well as he sorts out the setback "Things that matter most must never be at the mercy of things that matter least." Goethe
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