Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Saturday, Nov 17, 2018
NellyData
LATEST DISCUSSIONS
Cytonn looks to list on GEMS [223]
Madness at the NSE [1615]
Uchumi HY 2018, the disaster [86]
East African Portland Cement FY 2017/18 [15]
Bamburi Cement HY18 [14]
Treasury Bills and Bonds [1027]
KCB 2018 and Beyond [133]
How to short Bitcoin, Ethereum etc [2]
M-Akiba treasury bonds via mobile [306]
Kenya Power FY 2017/2018 [145]
Mall Owners Rush to Get Out of the Mall Business [64]
Laikipia to float first county bond [13]
Kenya Economy Watch [1949]
Speculating in cryptocurrencies: A rough approach [168]
Elimination of the competitor with guaranteed resu... [1]
 
Forum Jump


Welcome Guest Search | Active Topics | Log In | Register

Making serious money from 1/8th of an acre
MugundaMan
#1 Posted : Tuesday, August 28, 2018 9:29:11 AM
Rank: Veteran


Joined: 1/8/2018
Posts: 966
Location: Future Dustbowl Citizen
Who said 1/8th of an acre is a useless investment?
I remember this article some years back where this guy claimed with boldness that 1/8th is a "dead investment" and some misguided people actually believed him Laughing out loudly

Wapi?

People are making serious money from even less than an eighth doing all sorts of things.

For example,

1) You could strawberry farm

2) You could zero graze 33 cows on it and make so much money from milk you will have to plead with your wife to spend faster.

3) You could grow tomatoes and make decent money

or if you are an agriculture wizard like this smart and hardworking kamzee in the video below, you could literally grow everything and make more money than someone with 5 acres in the village who grows maize.




The list is endless. And I haven't even mentioned the benefits that accrue from developing the plot.

Whenever I see someone say in this here our land of opportunity that a plot (of any size) is useless, I just shake my head in both amazement and amusement.
"The best investment on earth is earth" **Target 1000**
Mujiza
#2 Posted : Saturday, September 01, 2018 3:37:09 PM
Rank: New-farer


Joined: 9/1/2018
Posts: 19
Location: Kampala
MugundaMan wrote:
Who said 1/8th of an acre is a useless investment?
I remember this article some years back where this guy claimed with boldness that 1/8th is a "dead investment" and some misguided people actually believed him Laughing out loudly

Wapi?

People are making serious money from even less than an eighth doing all sorts of things.

For example,

1) You could strawberry farm

2) You could zero graze 33 cows on it and make so much money from milk you will have to plead with your wife to spend faster.

3) You could grow tomatoes and make decent money

or if you are an agriculture wizard like this smart and hardworking kamzee in the video below, you could literally grow everything and make more money than someone with 5 acres in the village who grows maize.




The list is endless. And I haven't even mentioned the benefits that accrue from developing the plot.

Whenever I see someone say in this here our land of opportunity that a plot (of any size) is useless, I just shake my head in both amazement and amusement.

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.
Chaka
#3 Posted : Saturday, September 01, 2018 4:06:18 PM
Rank: Veteran


Joined: 2/16/2007
Posts: 2,009
Laughing out loudly Laughing out loudly Laughing out loudly ,I like number 2..
Chaka
#4 Posted : Saturday, September 01, 2018 4:32:10 PM
Rank: Veteran


Joined: 2/16/2007
Posts: 2,009
Tinga?
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.

Mujiza
#5 Posted : Saturday, September 01, 2018 5:22:51 PM
Rank: New-farer


Joined: 9/1/2018
Posts: 19
Location: Kampala
Chaka wrote:
Tinga?
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.


I'm not sure I know what you mean
MugundaMan
#6 Posted : Saturday, September 01, 2018 7:24:53 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 966
Location: Future Dustbowl Citizen
Chaka wrote:
Laughing out loudly Laughing out loudly Laughing out loudly ,I like number 2..

DroolDrool
"The best investment on earth is earth" **Target 1000**
MugundaMan
#7 Posted : Saturday, September 01, 2018 7:29:10 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 966
Location: Future Dustbowl Citizen
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.


Optiven Acacia/ any of the Victory Gardens? If yes, please sell it to me now braddah you do not know what you are sitting on! All of Optiven's plots are seriously serviced including murram roads, perimeter fence, gate, landscaping/trees, water power and caretaker!
"The best investment on earth is earth" **Target 1000**
Mujiza
#8 Posted : Saturday, September 01, 2018 7:56:47 PM
Rank: New-farer


Joined: 9/1/2018
Posts: 19
Location: Kampala
MugundaMan wrote:
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.


Optiven Acacia/ any of the Victory Gardens? If yes, please sell it to me now braddah you do not know what you are sitting on! All of Optiven's plots are seriously serviced including murram roads, perimeter fence, gate, landscaping/trees, water power and caretaker!

No is not Victory gardens. It's those along Namanga road. Very remote area. Sheikina gardens they call it.
MugundaMan
#9 Posted : Saturday, September 01, 2018 8:06:43 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 966
Location: Future Dustbowl Citizen
Mujiza wrote:
MugundaMan wrote:
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.


Optiven Acacia/ any of the Victory Gardens? If yes, please sell it to me now braddah you do not know what you are sitting on! All of Optiven's plots are seriously serviced including murram roads, perimeter fence, gate, landscaping/trees, water power and caretaker!

No is not Victory gardens. It's those along Namanga road. Very remote area. Sheikina gardens they call it.


Hata hiyo siyo mbaya boss. Didn't you see how Atwoli has a plush diggz and farm in Ilbissil hukooo in the middle of nowhere near Namanga as well. These days there is no place too far in Kenya. Guys are buying in Lodwar, Marsabit, Isiolo, Mailua, Elangata Wuas and beyond. With Jubilee Big 4 in place angusharing tarmack roads like a bad smell all these areas are guaranteed to boom in value as soon as infrastructure touches them. You are in on the ground floor, hang in there bro.
"The best investment on earth is earth" **Target 1000**
Conquestador
#10 Posted : Saturday, September 01, 2018 10:00:42 PM
Rank: New-farer


Joined: 8/17/2010
Posts: 63
Location: Nairobi
MugundaMan wrote:
Mujiza wrote:
MugundaMan wrote:
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.


Optiven Acacia/ any of the Victory Gardens? If yes, please sell it to me now braddah you do not know what you are sitting on! All of Optiven's plots are seriously serviced including murram roads, perimeter fence, gate, landscaping/trees, water power and caretaker!

No is not Victory gardens. It's those along Namanga road. Very remote area. Sheikina gardens they call it.


Hata hiyo siyo mbaya boss. Didn't you see how Atwoli has a plush diggz and farm in Ilbissil hukooo in the middle of nowhere near Namanga as well. These days there is no place too far in Kenya. Guys are buying in Lodwar, Marsabit, Isiolo, Mailua, Elangata Wuas and beyond. With Jubilee Big 4 in place angusharing tarmack roads like a bad smell all these areas are guaranteed to boom in value as soon as infrastructure touches them. You are in on the ground floor, hang in there bro.


Surely?? What a pitch? People have graduated from bypass inapita hapa and Daystar is building here to AtwoliLaughing out loudly

Land is opium for petite bourgeoisie. Our children will wonder why we never invested in intellectual property. We'd rather put up cheap flats and buy 1/8 acres instead of investing in energy least cost routing software. Africa yawa!!
MugundaMan
#11 Posted : Sunday, September 02, 2018 1:47:37 AM
Rank: Veteran


Joined: 1/8/2018
Posts: 966
Location: Future Dustbowl Citizen
Conquestador wrote:


Surely?? What a pitch? People have graduated from bypass inapita hapa and Daystar is building here to AtwoliLaughing out loudly

Land is opium for petite bourgeoisie. Our children will wonder why we never invested in intellectual property. We'd rather put up cheap flats and buy 1/8 acres instead of investing in energy least cost routing software. Africa yawa!!


he he he he, you sound like a communist. Are you one?
And how do you suppose you will invest in your intellectual property? Midway in the sky? Laughing out loudly Land is numero uno factor of production. Even Microsoft HQ with all its patents needs to sit on a piece of land ama? :)
"The best investment on earth is earth" **Target 1000**
hardwood
#12 Posted : Monday, September 03, 2018 10:07:21 AM
Rank: Elder


Joined: 7/28/2015
Posts: 7,747
Mujiza wrote:
MugundaMan wrote:
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.


Optiven Acacia/ any of the Victory Gardens? If yes, please sell it to me now braddah you do not know what you are sitting on! All of Optiven's plots are seriously serviced including murram roads, perimeter fence, gate, landscaping/trees, water power and caretaker!

No is not Victory gardens. It's those along Namanga road. Very remote area. Sheikina gardens they call it.


Have seen their website. Plot is 80km from nairobi in the middle of the kajiado bush. I think its only the plot sellers who are making money coz they buy the bush at 500k per acre then subdivide and sell at 750k (price on their website). NB 1 acre produces 7 plots za 50x100, thus they make a profit of 4.5m per acre as you are left holding the bush. I advocate buying land but not in the middle of nowhere. Better to buy the kaploti in naivasha which is also about 80km from the city, and more developed.



Chaka
#13 Posted : Monday, September 03, 2018 11:50:18 AM
Rank: Veteran


Joined: 2/16/2007
Posts: 2,009
How far from tarmack?
Mujiza wrote:
MugundaMan wrote:
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.


Optiven Acacia/ any of the Victory Gardens? If yes, please sell it to me now braddah you do not know what you are sitting on! All of Optiven's plots are seriously serviced including murram roads, perimeter fence, gate, landscaping/trees, water power and caretaker!

No is not Victory gardens. It's those along Namanga road. Very remote area. Sheikina gardens they call it.

MugundaMan
#14 Posted : Monday, September 03, 2018 11:53:55 AM
Rank: Veteran


Joined: 1/8/2018
Posts: 966
Location: Future Dustbowl Citizen
hardwood wrote:
Mujiza wrote:
MugundaMan wrote:
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.


Optiven Acacia/ any of the Victory Gardens? If yes, please sell it to me now braddah you do not know what you are sitting on! All of Optiven's plots are seriously serviced including murram roads, perimeter fence, gate, landscaping/trees, water power and caretaker!

No is not Victory gardens. It's those along Namanga road. Very remote area. Sheikina gardens they call it.


Have seen their website. Plot is 80km from nairobi in the middle of the kajiado bush. I think its only the plot sellers who are making money coz they buy the bush at 500k per acre then subdivide and sell at 750k (price on their website). NB 1 acre produces 7 plots za 50x100, thus they make a profit of 4.5m per acre as you are left holding the bush. I advocate buying land but not in the middle of nowhere. Better to buy the kaploti in naivasha which is also about 80km from the city, and more developed.


Hardwood,

To quote our good friend Wukan to each their own and let everyone stay in their lane. That is YOUR strategy above. Others have their own strategy. You say the only people that make money are the subdividers. Where is the evidence of this? Ask anyone who bought a sacco plot ANYWHERE in the 1990s and early 2000s whether they made money (either from resale or capital improvements) and you will find your statement is in gross error. Naivasha is also a nice area to invest, but has its own dynamics including pricing and so on that differs greatly from dustbowl.

Also, real estate investment anywhere in Kenya has its benefits. If Mugundaman decides to buy 100 acres in the middle of Mailua surrounded by elephants, you can't say that it's a "bad" investment based on your own personal preferences and strategies. For example, to you it might look like a terrible investment but perhaps he has some knowledge and insight that you may not have.

-Perhaps he wants to turn it into a tortoise sanctuary and charge tourists good money to see it

- Or farm cactus and sell bottled cactus juice to Chandarana, as I saw plot owners in Laikipia doing locally

- Or start an estate for devotees of Indian Yoga from all over the world

-Or a free boarding school for children of remandees with strict focus on metalworking

- Or pull an atwoli and build an expansive manse and ranch to keep a concubine very happy there (not my style though)

- Or farm acacia trees because he enjoys climbing them for no good reason

- Or fence it and breed rats just for the fun of it.

- Or perhaps he knows there is undiscovered oil or rubies deep below.

Bottom line one cannot say a real estate investment done with due diligence and with proper title in hand is "bad" without giving some credible evidence, especially on the specifics as mentioned above. And those hidden specifics cannot be known let alone discussed on anonymous online forums like wazoo IMHO.
"The best investment on earth is earth" **Target 1000**
Mujiza
#15 Posted : Monday, September 03, 2018 10:32:23 PM
Rank: New-farer


Joined: 9/1/2018
Posts: 19
Location: Kampala
hardwood wrote:
Mujiza wrote:
MugundaMan wrote:
Mujiza wrote:

I have a plot at one project of Optiven Kenya. Let me tell you I really really regret buying that.
Maybe I should do something with that plot to earn some money to stop all this regret.
The problem is that it is in the middle of nowhere.


Optiven Acacia/ any of the Victory Gardens? If yes, please sell it to me now braddah you do not know what you are sitting on! All of Optiven's plots are seriously serviced including murram roads, perimeter fence, gate, landscaping/trees, water power and caretaker!

No is not Victory gardens. It's those along Namanga road. Very remote area. Sheikina gardens they call it.


Have seen their website. Plot is 80km from nairobi in the middle of the kajiado bush. I think its only the plot sellers who are making money coz they buy the bush at 500k per acre then subdivide and sell at 750k (price on their website). NB 1 acre produces 7 plots za 50x100, thus they make a profit of 4.5m per acre as you are left holding the bush. I advocate buying land but not in the middle of nowhere. Better to buy the kaploti in naivasha which is also about 80km from the city, and more developed.





I was caught up in FOMO when I bought this plot of land. It's not a total loss but I have some regrets especially now that I know that land costs very little money in Laikipia.
In the investments game sometimes you put money in hard to retrieve places and this is one of those times
MugundaMan
#16 Posted : Wednesday, September 05, 2018 6:11:21 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 966
Location: Future Dustbowl Citizen


Smart man.

- 120k on slightly over a 1/4 acre greenhouse size

- No need for fertiliser as the the system is self sustaining

- No need to pay for power as solar and biogas from the system powers everything

- High quality organic produce that is in high demand and no need to transport as buyers come to gate

- Low labour costs. One technician can run the entire thing

These are the youngsters that will build the prosperous Kenya of the future Not those sitting at home all day crying the sky is falling on Kenya's head while sipping sturungi, watching TV and falling asleep to wake up and do it all over again.

Ni hayo maoni yangu tu
"The best investment on earth is earth" **Target 1000**
napthungxebantai
#17 Posted : Tuesday, September 11, 2018 5:48:00 PM
Rank: Hello


Joined: 9/11/2018
Posts: 1
I like it differently.
MugundaMan
#18 Posted : Friday, November 09, 2018 3:38:25 AM
Rank: Veteran


Joined: 1/8/2018
Posts: 966
Location: Future Dustbowl Citizen


This lady is a genius! Makes one want to run to their farm at 3 am to start implementing these ideas immediately! Those cost savings on feed are a huge competitive advantage that can be leveraged into serious moolah.
"The best investment on earth is earth" **Target 1000**
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2018 Wazua.co.ke. All Rights Reserved.