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13 Reasons why you should invest in real property.
1) It has excellent rate of returns.
2) You have more control of your investment because your property is a tangible asset.
3) It will always have value and the value will always increase.
4) It helps to diversify your portfolio.
5) You enjoy tax benefits.
6) It may act as a source of income if you rent it out.
7) You can secure loans through your property.
8) It can be easily transferred to your next of kin.
9) You can manage your property directly.
10) It is fairly stable and predictable.
11) It is simple and straightforward.
12) You don't have to be present to make money.
13) It has better dividends and capital gains.

A Quantity Surveyor ( QS) is a
construction industry professional with expert knowledge on construction costs and contracts. They are not to be confused with Land Surveyors or Land Survey Engineers.
Services provided by a quantity surveyor may include:
Cost consulting, cost estimating
Cost planning and commercial management throughout the entire life cycle of the project from inception to post-completion
Value determination
Risk management and calculation
Procurement advice and assistance during the tendering procedures
Tender analysis and agreement of the contract sum
Preparation of pricing documents (e.g. Bills of Quantities) in tender
Drafting contract conditions and contractual correspondence
Commercial management and contract administration
Contractual advice
Assistance in dispute resolution
Asset capitalisation
Interim valuations and payment assessment
Cost management process
Assessing the additional costs of design variations
Production of company pre-qualification questionnaire (PQQ) documentation in line with company policies
Project management
Assist in establishing a client's requirements

When you're looking at the underlying real estate, one of the most important criteria (aside from location, location, location!) is the type of property. When considering a purchase, you need to ask yourself whether the underlying properties are, for example, residential homes, shopping malls, warehouses, office towers or a combination of any of these. Each type of real estate has a different set of drivers influencing its performance. You can't simply assume one type of property will perform well in a market where a different type is performing well. Likewise, you can't assume one type of property will continue to be a good investment simply because it has performed well in the past.
Income-Producing and Non-Income-Producing Investments
There are four broad types of income-producing real estate: offices, retail, industrial and leased residential. There are many other less common types as well, such as hotels, mini-storage, parking lots and seniors care housing. The key criteria in these investments that we are focusing on is that they are
income producing.
Non-income-producing investments, such as houses, vacation properties or vacant commercial buildings, are as sound as income-producing investments. Just keep in mind that if you invest equity in a non-income producing property you will not receive any rent, so all of your return must be through capital appreciation. If you invest in debt secured by non-income-producing real estate, remember that the borrower's personal income must be sufficient to cover the mortgage payments, because there is no tenant income to secure the payments.
Office Property
Offices are the "flagship" investment for many real estate owners. They tend to be, on average, the largest and highest profile property type because of their typical location in downtown cores and sprawling suburban office parks.
At its most fundamental level, the demand for office space is tied to companies' requirement for office workers, and the average space per office worker. The typical office worker is involved in things like finance, accounting, insurance, real estate, services, management and administration. As these "white-collar" jobs grow, there is greater demand for office spaces.
Returns from office properties can be highly variable because the market tends to be sensitive to economic performance. One downside is that office buildings have high operating costs, so if you lose a tenant it can have a substantial impact on the returns for the property. However, in times of prosperity, offices tend to perform extremely well, because demand for space causes rental rates to increase and an extended time period is required to build an office tower to relieve the pressure on the market and rents.
Retail Property
There is a wide variety of Retail properties, ranging from large enclosed shopping malls to single tenant buildings in pedestrian zones. At the present time, the Power Center format is in favor, with retailers occupying larger premises than in the enclosed mall format, and having greater visibility and access from adjacent roadwayThere is a wide variety of Retail properties, ranging from large enclosed shopping malls to single tenant buildings in pedestrian zones. At the present time, the Power Center format is in favor, with retailers occupying larger premises than in the enclosed mall format, and having greater visibility and access from adjacent roadways.
Many retail properties have an anchor, which is a large, well-known retailer that acts as a draw to the center. An example of a well-known anchor is Wal-Mart. If a retail property has a food store as an anchor, it is said to be food-anchored or
grocery-anchored ; such anchors would typically enhance the fundamentals of a property and make it more desirable for investment. Often, a retail center has one or more ancillary multi-bay buildings containing smaller tenants. One of these small units is termed a commercial retail unit (CRU) .
The demand for retail space has many drivers. Among them are: location, visibility, population density, population growth and relative income levels. From an economic perspective, retails tend to perform best in growing economies and when retail sales growth is high.
Returns from Retails tend to be more stable than Offices, in part because retail leases are generally longer and retailers are less inclined to relocate as compared to office tenants.
Industrial Property
Industrials are often considered the "staple" of the average real estate investor. Generally, they require smaller average investments, are less management intensive and have lower operating costs than their office and retail counterparts.
There are varying types of industrials depending on the use of the building. For example, buildings could be used for warehousing, manufacturing, research and development, or distribution. Some industrials can even have partial or full office build-There are varying types of industrials depending on the use of the building. For example, buildings could be used for warehousing, manufacturing, research and development, or distribution. Some industrials can even have partial or full office build-outs.
Some important factors to consider in an industrial property would be functionality (for example, ceiling height), location relative to major transport routes (including rail or sea), building configuration, loading and the degree of specialization in the space (such as whether it has cranes or freezers). For some uses, the presence of outdoor or covered yard space is important.
Multi-family Residential Property
Multi-family residential property generally delivers the most stable returns, because no matter what the economic cycle, people always need a place to live. The result is that in normal markets, residential occupancy tends to stay reasonably high. Another factor contributing to the stability of residential property is that the loss of a single tenant has a minimal impact on the
bottom line , whereas if you lose a tenant in any other type of property the negative effects can be much more significant.
For most commercial property types, tenant leases are either net or partially net, meaning that most operating expenses can be passed along to tenants. However, residential properties typically do not have this attribute, meaning that the risk of increases in building operating costs is borne by the property owner for the duration of the lease.
A positive aspect of residential properties is that in some countries, government-insured financing is available. At the expense of a small premium, insured financing lowers the interest rate on mortgages, thereby enhancing potential returns from the investment.

What is 'Commercial Real Estate'
Commercial real estate is property that is used solely for business purposes and that is leased out to provide a workspace rather than a living space. Ranging from a single gas station to a huge shopping center, commercial real estate includes retailers of all kinds, office space, hotels, strip malls, restaurants and convenience Commercial real estate is property that is used solely for business purposes and that is leased out to provide a workspace rather than a living space. Ranging from a single gas station to a huge shopping center, commercial real estate includes retailers of all kinds, office space, hotels, strip malls, restaurants and convenience stores.

A title deed is a signed agreement that proves ownership of land and legal rights to it. There exists different types of title deeds as per the various types of Land Acts that have been in existence. They include;
1. Indenture Title: This was a title under the Government Lands Act Cap 280. It has since been repealed.
2. Grant Title: This was a government grant under the Registration of Titles Act Cap 281 and a county council grant under Trust Land Act Cap 288. Both have been repealed.
3. Certificate of Title: This is under Cap 281 issued due to subdivision without change of user. Change of user happens when one shifts from, for instance, agriculture to residential.
4. Certificate of Lease: This is a title under the Registered Lands Act Cap 300 (repealed) for leasehold land. Leasehold is a form of land tenure where a lessee (occupant) holds rights to land for a specific period and subject to conditions imposed on land rights by the lessor (landowner). The period can be 33, 50, 66 or 99 years for all urban plots.
5. Absolute Title: This is a title under the Registered Lands Act Cap 300 (repealed) for freehold land. This is a form of ownership in which the land owner has the maximum rights in terms of period of ownership and use of the land.
6. Sectional Title: This is a title for a unit within a building, for example a flat. It emanates from the Sectional Properties Act of 1987 and the title is deemed to be registered under the Registered Lands Act Cap 300. It is important to note that the Land Registration Act, 2012 in Section 26 consolidates the above several titles into the Certificate of Title. The aim is to rationalise and reduce confusion brought about by previous Land Acts, which resulted in various types of titles existing concurrently.
HOW TO GET A TITLE DEED
The Land Act, 2012 under Section 7 outlines seven ways one can use to acquire a title. They are as follows:
1. Allocation: This is where public land is transferred by the government to individuals usually for a specified time and for a specific use with stated conditions. Allocation can be through a public auction, tender, drawing of lots or balloting or by confining allocation to a disadvantaged group. For land to be allocated, it must first be planned, surveyed and serviced.
2. Land adjudication: This is when rights and interests to land are ascertained and recorded in areas of community land (formally known as the trust land areas).
3. Compulsory acquisition: This is the acquisition of land by the government for a public purpose but subject to fair and prompt compensation. Publication of the intention to acquire is done through the Kenya Gazette and County Gazette.
4. Prescription: This is also known as adverse possession and occurs when one gains title to real property through occupation of land without opposition for 12 years. It involves a court process and the adverse possessor must prove that she actually occupied the land continuously without interruption for the above specified time.
5. Settlement programmes: This is when the government provides access to land for squatters, persons displaced by natural courses like floods, development projects, conservation or internal conflicts by use of the Land Settlement Fund administered by the National Land Commission. Formerly it was known as Settlement Fund Trustees.
6. Transmissions: This is when ownership passes to another party whose powers over the land are restricted as in cases of death, bankruptcy and on liquidation of a company. In case of death, a personal representative will be registered as the proprietor of the land, for bankruptcy a trustee becomes the registered proprietor while a liquidator shall be registered as the proprietor in cases of liquidation of companies, all by order of the court.
7. Transfers: This is the transfer of rights to land through sale. A transfer is done after acquiring consent from the relevant County Land Management Boards in (all 47 counties). Stamp duty of 2 per cent of the value of the land is payable to the government in townships and rural areas while a duty of 4 per cent is charged on land in municipalities and cities. The transfer document with the original title are then booked for registration in favour of the buyer.

What to look for in a good hostel:
1) Location of the hostel - You should consider if the hostel is near your college, the transportation costs and the area security.
2) Availability of linens - Make sure you have a pillow case, sheets and blankets.
3) Availability of lockers for your luggage and books.
4) Availability of towels.
5) Availability of water and laundry facilities.
6) Availability of hostel staff who manage the running of the hostel and take queries concerning issues surrounding the hostel.
7) Availability of meals - Know the type of meals being served and the time the meals are served.
8) 24 hour reception/no curfew.
9) Availability of common area for hanging out and socializing
10) Availability of self catering facilities.

20 acre piece of land in Kerio Valley near Cheptuget petroleum well discovered by Tullow Group. If interested call me at 0717544541

Factors to consider before valuing your property.

1) The type of property eg land, house, office etc.
2) The age of the property.
3) The location of the property.
4) The size and design of the property.
5) The condition or state of the property.
6) Geographical and geological stability of where the property is located.
7) Security of the surrounding areas.
8) The population density of the area.
9) Depreciation or/and appreciation of the property.
10) Nearby developments and infrastructure.
11) Unique features of the property.
12) The interior and exterior appeal of the property.
13) The view of the property.
14) Improvements and remodelling of the property.
15) The desire of buyers.
16) The state of the economy and the market.
17) The sale price of similar properties in the area.
18) The service charge of the property or any other liabilities.
19) The opinion of real estate professionals.
20) Physical features of the property eg lot size, landscaping, type and quality of construction, number and types of rooms, square feet of room space, garage, kitchen, fireplace etc.

Precautions you should take before purchasing a piece of plot.
1) Know the location of the plot.
2) Have a clear title of the plot that shows the owner of the property and the plot number.
3) Permitted use and restrictions. You should know whether the plot is for commercial use or residential use.
4) Know the tenure of the property i.e leasehold or freehold.
5) Get the proper documentation of the plot.
6) Proximity of the property to common utilities such as water, electricity, road network, drainage facilities, internet and phone connectivity etc.
7) Appreciation of the plot in the coming future.
8) Proximity of the plot to schools, hospitals, banks, shopping centres, offices, entertainment joints etc.
9) Natural resources that are found on the property and legal issues concerning the resources.
10) Zoning restrictions of the plot.
11) Avoid buying plot where there is environmental degradation.
12) The elevation of the plot. This will help you to know the stability of the land.
13) Proximity to access roads and highways.
14) Check the reputation of the agent selling the plot.
15) Avoid plots where natural disasters are prone to happen.
16) Proximity to your place of work.
17) Know the climate of the area where your plot is located.
18) Know the soil quality and composition of the plot.
19) Know the valuation of the plot.
20) Comfort of family and dependents.

Legal procedures of buying land in Kenya.
a) Know the physical location of the land and the selling agent or the owner of the land. Ensure that the beacons of the land are clearly marked.
b) Know whether the land is is leasehold or freehold. If it is leasehold know the number of years that you can own the land.
c) Conduct a land search in the land registry and at the county offices.
d) Get a copy of the seller's title deed which will be used to do the land search. The land search is charged at a cost of Kshs 520.
f) Fill a search application form at the land registry which is located at ardhi house; attach a copy of the title deed. The process of land search will take a few hours. The land search will give a more clearer details of the land including: the real owner of the land, the size of the land, information of any loan guaranteed by the land and court cases.
g) Visit a surveyor's office and purchase a map of the place. The maps are normally two, one drawn to scale and the other showing neighboring plots.
h) Use a lawyer to draft a sales agreement. The sales agreement should specify the transaction procedure.
i) Get consent to purchase the land from the Land Control Board (LCB). The LCB comprises of the assistant commissioner and the local village elders.
j) The land is transferred after the successful agreement and transaction, the buyer's lawyer should prepare a transfer which should be signed by the seller and his lawyer. The buyer and the seller should provide their identification cards, pin certificates, the original title deed, land rates/rent clearance certificate, the valuation of the land, passport size photos, consent form from LCB and land search clearance form.
k) The new owner should conduct a valuation and register it and pay the required fees including the stamp duty.
l) After two weeks the buyer should do another search with lands ministry to confirm that the land now reads his/her details.

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