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2 Pages<12
Invest in Real Estate by pooling resources
timuka
#21 Posted : Thursday, July 25, 2013 6:12:08 PM
Rank: Member


Joined: 1/21/2013
Posts: 427
a4architect.com wrote:
@timuka. Interested people are registering here

www.a4architect.com/discus/topic/joint-investment/

Once a quorum of 12 is reached, implementation will begin.

In Zimmerman, i hear there are such goups with already completed projects using similar concept.
Contact @dunkang for more on the Zimmerman implementation.


I have been closely following your updates on this topic having already gone though your website and taken note of what you have elaborated about the project. I understand the concept but the only area I don't have clarity on is how sectional ownership arrangements works. What form of ownership documentation will i have?
a4architect.com
#22 Posted : Thursday, July 25, 2013 6:17:11 PM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
either a sectional title or shares % within the LLC that owns the property.
As Iron Sharpens Iron, So one Man Sharpens Another.
Mukiri
#23 Posted : Friday, August 02, 2013 12:17:01 AM
Rank: Elder


Joined: 7/11/2012
Posts: 4,576
Can I use this to develop my property, with title under my name... and work-out a plan where rent proceeds will pay-off fellow investors? Then we can move on to their property, under their name.. and so on and so forth
Mgaagaa na upwa hali wali mkavu!
Gathige
#24 Posted : Friday, August 02, 2013 9:17:06 AM
Rank: Veteran


Joined: 3/29/2011
Posts: 1,749
Mukiri wrote:
Can I use this to develop my property, with title under my name... and work-out a plan where rent proceeds will pay-off fellow investors? Then we can move on to their property, under their name.. and so on and so forth


@Mukiri, i doubt the other investors would agree to that. It would be better to form a LLC and your land becomes part of the initial capital with the other member's contributions contributing to the capital for developing the plot. That way, shareholding is clear and risk and returns easily apportioned.

"Things that matter most must never be at the mercy of things that matter least." Goethe
a4architect.com
#25 Posted : Friday, August 02, 2013 9:48:09 AM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
Gathige wrote:
Mukiri wrote:
Can I use this to develop my property, with title under my name... and work-out a plan where rent proceeds will pay-off fellow investors? Then we can move on to their property, under their name.. and so on and so forth


@Mukiri, i doubt the other investors would agree to that. It would be better to form a LLC and your land becomes part of the initial capital with the other member's contributions contributing to the capital for developing the plot. That way, shareholding is clear and risk and returns easily apportioned.



@mukiri. What @gathige has described is the best option. The value of your land will be determined by a registered valuer agreed upon by all members then the value becomes the number of shares you own.
For example, say the value is 2m. If each of the 12 members is to contribte 1m, then you will be deemed to have contributed 2m or 2 shares. You will need another 10 members for the project to complete and bring in rental income.

In the LLC, you will have 2/12 shares or 2 bedsitter units out of 12.
As Iron Sharpens Iron, So one Man Sharpens Another.
JeyT
#26 Posted : Friday, November 29, 2013 9:59:23 AM
Rank: New-farer


Joined: 10/29/2013
Posts: 13
Njung'e wrote:
@Pesa 16,

Pray Iko chida mahali?Pray


Ata mimi naona ivyo
Maji yakizidi unga toroka
a4architect.com
#27 Posted : Friday, November 29, 2013 10:52:03 AM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
JeyT wrote:
Njung'e wrote:
@Pesa 16,

Pray Iko chida mahali?Pray


Ata mimi naona ivyo


shida gani? fafanua tafadhali
As Iron Sharpens Iron, So one Man Sharpens Another.
Bigchick
#28 Posted : Sunday, May 04, 2014 7:35:53 AM
Rank: Elder


Joined: 2/8/2013
Posts: 3,325
Location: At Large.
@a4architect habari.

Any update you would love to share on this?

Would be glad to know.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
a4architect.com
#29 Posted : Sunday, May 04, 2014 9:10:20 AM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
@bigchick. Title deed already acquired and designs recently approved. Check the documents at www.a4architect.com. Bypass road construction still going on till july 2015.
As Iron Sharpens Iron, So one Man Sharpens Another.
a4architect.com
#30 Posted : Monday, May 05, 2014 9:49:34 AM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
a4architect.com wrote:
@bigchick. Title deed already acquired and designs recently approved. Check the documents at www.a4architect.com. Bypass road construction still going on till july 2015.




http://www.a4architect.c...ong-the-southern-bypass/
As Iron Sharpens Iron, So one Man Sharpens Another.
african coloner
#31 Posted : Thursday, May 08, 2014 2:29:33 PM
Rank: Member


Joined: 10/8/2010
Posts: 446
Location: london
a4architect.com wrote:
@bigchick. Title deed already acquired and designs recently approved. Check the documents at www.a4architect.com. Bypass road construction still going on till july 2015.


4architect-would it not be easier for all to own the hotel then share profits like every six month or yearly according to one's contribution? Though I like your Idea.
a4architect.com
#32 Posted : Thursday, May 08, 2014 2:44:15 PM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
@africancoloner, all are part owners of the hotel by owning a share of a4architect investment ltd, which in turn owns the land. Instead of the profits being shared half yearly, its easier for each owner to select how they want to receive their profit eg monthly, yearly , etc.


As Iron Sharpens Iron, So one Man Sharpens Another.
ngapat
#33 Posted : Friday, May 09, 2014 7:55:56 AM
Rank: Member


Joined: 12/11/2006
Posts: 788
@a4, Will all the owners earn equal profits per share or will the profits be determined by how much the particular room an investor owns has been occupied.
“Invest in yourself. Your career is the engine of your wealth.”
a4architect.com
#34 Posted : Friday, May 09, 2014 8:06:06 AM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
@ngapat, all the hotel rooms are the same size. All room owners will earn an equal share regardless of how many times their rooms were used. We are budgeting an occupation rate of 70% per month which is expected to rise to nearly 100% since the land is next to a busy international highway, southern bypass.
As Iron Sharpens Iron, So one Man Sharpens Another.
ngapat
#35 Posted : Friday, May 09, 2014 4:26:19 PM
Rank: Member


Joined: 12/11/2006
Posts: 788
If i join today, how much will i pay?
“Invest in yourself. Your career is the engine of your wealth.”
a4architect.com
#36 Posted : Friday, May 09, 2014 4:36:35 PM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
@ngapat, check here

http://www.a4architect.c...ass-nairobi-sale-price/

kes 2m. The price keeps rising up as time goes by.
As Iron Sharpens Iron, So one Man Sharpens Another.
Boris Boyka
#37 Posted : Sunday, October 18, 2015 5:23:19 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,976
Location: Here
a4architect.com wrote:
@ngapat, check here

http://www.a4architect.c...ass-nairobi-sale-price/

kes 2m. The price keeps rising up as time goes by.

The room is @ 5Million d'oh!
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
popat
#38 Posted : Tuesday, October 20, 2015 6:16:50 PM
Rank: Member


Joined: 12/2/2009
Posts: 292
Location: kenya
I get the feeling Urithi bollowed heavily from this idea of pooling resources in their 'own a room'concept. They have really capitalised on it with their marketing strategy.
Shak
#39 Posted : Sunday, May 29, 2016 6:43:34 PM
Rank: Elder


Joined: 2/22/2009
Posts: 2,136
Location: Africa
I have seen the same idea being fronted by real estate companies developing hotels in Naivasha and also Giraffe Ark in Nyeri has a similar offer
smartbull
#40 Posted : Tuesday, October 25, 2016 11:35:07 AM
Rank: New-farer


Joined: 6/27/2016
Posts: 11
Location: Nairobi
Would to get an update on this project, was it a success?
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