Rental property investment is one of the most reliable ways to build wealth over time. Whether you’re a seasoned investor or a beginner, owning rental properties offers several advantages. Here’s why this investment strategy is worth considering: 1. Steady Passive Income One of the biggest benefits of rental properties is the consistent passive income they generate. Rent payments from tenants...
Traditionally, when you purchase a home, you own the home and the land the property is built on. There are some circumstances that involve a land lease, which means you would own the home while paying rent to the landowner for the land. A land lease, also known as a ground lease, refers to an arrangement where a landowner grants another party the right to use a piece of land for a specified period,...
There could be several reasons why a person might not trust land dealers when purchasing land in Kenya: Land Ownership Issues: Kenya has had historical and ongoing issues with land ownership, including disputes over rightful ownership, forged titles, and overlapping claims. This can lead to uncertainty about the legitimacy of the land being sold. Corruption: Corruption is a significant concern in...
Land surveyors play a crucial role in various aspects of land development, infrastructure projects, and property transactions. Here are some key reasons why they are important: Property Boundaries and Legal Certainty: Surveyors accurately measure and define property boundaries, ensuring that landowners know exactly where their property lines lie. This helps prevent boundary disputes and provides legal...
Ultimately, owning a thing, and in this case a One and 1/2 acre plot of Land, is a unique set of Freedom and Reliability since you depend on yourself not relying on anyone's mercy to implement a vision or an idea e.g. expansion of the premises. You owning a one and a half acre plot of land can offer several advantages and opportunities: Space for Privacy and Freedom: With this amount of land, you...