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Simple Homes
dunkang
#21 Posted : Thursday, March 09, 2017 10:52:29 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,809
Location: -1.2107, 36.8831
And it came to pass.

Only people buying land, sub-dividing it and selling plots are making money.

All others in the Real Estate cycle are folding up.
Receive with simplicity everything that happens to you.” ― Rashi

mkeiy
#22 Posted : Thursday, March 09, 2017 4:32:53 PM
Rank: Member


Joined: 1/27/2012
Posts: 851
Location: Nairobi
Has anyone heard of Africa Plantation Capital. Some sort of real estate thingy doing bamboo farming in Kilifi county? You buy a parcel, say quarter an acre for about 800k,they manage for you. You then start getting paid as from the 5th year.

Sort of 5+4=6.
Chaka
#23 Posted : Thursday, March 09, 2017 6:34:08 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,102
mkeiy wrote:
Has anyone heard of Africa Plantation Capital. Some sort of real estate thingy doing bamboo farming in Kilifi county? You buy a parcel, say quarter an acre for about 800k,they manage for you. You then start getting paid as from the 5th year.

Sort of 5+4=6.

I could be wrong but plants like bamboo don't require management.Once you plant,you forget about them..
The Great
#24 Posted : Friday, March 10, 2017 6:17:28 AM
Rank: Member


Joined: 9/9/2015
Posts: 233
A fool and his money are lucky to come together in the first place. But thats how we learn
"Buy when there's blood in the streets, even if the blood is your own."
majimaji
#25 Posted : Friday, March 10, 2017 11:17:00 AM
Rank: Veteran


Joined: 4/4/2007
Posts: 1,160
Chaka wrote:
mkeiy wrote:
Has anyone heard of Africa Plantation Capital. Some sort of real estate thingy doing bamboo farming in Kilifi county? You buy a parcel, say quarter an acre for about 800k,they manage for you. You then start getting paid as from the 5th year.

Sort of 5+4=6.

I could be wrong but plants like bamboo don't require management.Once you plant,you forget about them..


I've never seen bamboo on the Kenyan coast. But then, what do i knowPray
mkeiy
#26 Posted : Friday, March 10, 2017 7:22:52 PM
Rank: Member


Joined: 1/27/2012
Posts: 851
Location: Nairobi
Chaka wrote:
mkeiy wrote:
Has anyone heard of Africa Plantation Capital. Some sort of real estate thingy doing bamboo farming in Kilifi county? You buy a parcel, say quarter an acre for about 800k,they manage for you. You then start getting paid as from the 5th year.

Sort of 5+4=6.

I could be wrong but plants like bamboo don't require management.Once you plant,you forget about them..


By managing they meant irrigating, harvesting,processing bamboo fiber, marketing etc, etc!
maka
#27 Posted : Thursday, March 16, 2017 5:20:37 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,234
Location: Nairobi
dunkang wrote:
And it came to pass.

Only people buying land, sub-dividing it and selling plots are making money.

All others in the Real Estate cycle are folding up.



True...
possunt quia posse videntur
Dahatre
#28 Posted : Sunday, March 19, 2017 11:15:40 AM
Rank: Member


Joined: 12/21/2009
Posts: 515
Trashy newspapers:
First they sell us fake investments

Then a year+ later:
They tell us Kui was a front for Argwings Kodhek's son, and they are now canoodling in Kilifi together.

Dunno who to be mad at tbh-the cons, or the standard who could have warned gullible wananchi with just a little investigation. Grrrrr...
Bree
#29 Posted : Sunday, March 19, 2017 3:34:35 PM
Rank: Member


Joined: 7/17/2008
Posts: 475
Location: Old Trafford
Dahatre wrote:
Trashy newspapers:
First they sell us fake investments

Then a year+ later:
They tell us Kui was a front for Argwings Kodhek's son, and they are now canoodling in Kilifi together.

Dunno who to be mad at tbh-the cons, or the standard who could have warned gullible wananchi with just a little investigation. Grrrrr...


Dont we have Consumer Protection agency in Kenya..or something of the sort? It's a fact there are gullible Kenyans out there who needs protection & not exploitation.
chemirocha
#30 Posted : Sunday, March 19, 2017 6:28:22 PM
Rank: Member


Joined: 1/30/2016
Posts: 332
Location: Rift Valley
Bree wrote:
Dahatre wrote:
Trashy newspapers:
First they sell us fake investments

Then a year+ later:
They tell us Kui was a front for Argwings Kodhek's son, and they are now canoodling in Kilifi together.

Dunno who to be mad at tbh-the cons, or the standard who could have warned gullible wananchi with just a little investigation. Grrrrr...


Dont we have Computer Protection agency in Kenya..or something of the sort? It's a fact there are gullible Kenyans out there who needs protection & not exploitation.


You know what they say about fools and their money. Its important to conduct due diligence before making such a significant commitment.
Taurrus
#31 Posted : Monday, March 20, 2017 10:45:17 PM
Rank: Member


Joined: 8/25/2015
Posts: 773
Location: Kite
In this one there is a retired magistrate,the other one on jobs are pilots, why should people talk about Sonkos E or Chewgum Es!
Angelica _ann
#32 Posted : Tuesday, March 21, 2017 6:53:26 AM
Rank: Elder


Joined: 12/7/2012
Posts: 10,922
maka wrote:
dunkang wrote:
And it came to pass.

Only people buying land, sub-dividing it and selling plots are making money.

All others in the Real Estate cycle are folding up.



True...


Cytonn is doing great in real estate!!!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
obiero
#33 Posted : Tuesday, March 21, 2017 6:58:23 AM
Rank: Elder


Joined: 6/23/2009
Posts: 12,374
Location: nairobi
Angelica _ann wrote:
maka wrote:
dunkang wrote:
And it came to pass.

Only people buying land, sub-dividing it and selling plots are making money.

All others in the Real Estate cycle are folding up.



True...


Cytonn is doing great in real estate!!!!!

Alma is inspiring.. But we have to be extremely cautious
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 221,100 ABP 12.68
Sober
#34 Posted : Tuesday, March 21, 2017 8:48:56 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,596
chemirocha wrote:
Bree wrote:
Dahatre wrote:
Trashy newspapers:
First they sell us fake investments

Then a year+ later:
They tell us Kui was a front for Argwings Kodhek's son, and they are now canoodling in Kilifi together.

Dunno who to be mad at tbh-the cons, or the standard who could have warned gullible wananchi with just a little investigation. Grrrrr...


Dont we have Computer Protection agency in Kenya..or something of the sort? It's a fact there are gullible Kenyans out there who needs protection & not exploitation.


You know what they say about fools and their money. Its important to conduct due diligence before making such a significant commitment.


It is not the mandate of the paper to find out what the end user wants. They are in it as a marketing tool, hence the interested party should go ahead and get more information before jumping in.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Lolest!
#35 Posted : Tuesday, March 21, 2017 9:09:32 AM
Rank: Elder


Joined: 3/18/2011
Posts: 11,764
Location: Kianjokoma
Sober wrote:
chemirocha wrote:
Bree wrote:
Dahatre wrote:
Trashy newspapers:
First they sell us fake investments

Then a year+ later:
They tell us Kui was a front for Argwings Kodhek's son, and they are now canoodling in Kilifi together.

Dunno who to be mad at tbh-the cons, or the standard who could have warned gullible wananchi with just a little investigation. Grrrrr...


Dont we have Computer Protection agency in Kenya..or something of the sort? It's a fact there are gullible Kenyans out there who needs protection & not exploitation.


You know what they say about fools and their money. Its important to conduct due diligence before making such a significant commitment.


It is not the mandate of the paper to find out what the end user wants. They are in it as a marketing tool, hence the interested party should go ahead and get more information before jumping in.

Exactly!
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Wororo
#36 Posted : Tuesday, March 21, 2017 11:51:28 AM
Rank: Member


Joined: 1/30/2011
Posts: 206
maka wrote:
dunkang wrote:
And it came to pass.

Only people buying land, sub-dividing it and selling plots are making money.

All others in the Real Estate cycle are folding up.



True...


This is quite disheartening...

What do you great guys know about Urithii Sacco...

Both good and bad.

Would you recommend one to invest through their housing projects?
Enuma Elish
#37 Posted : Wednesday, March 22, 2017 7:22:13 AM
Rank: New-farer


Joined: 6/5/2014
Posts: 46
Bigchick wrote:
Who were the Directors?

This property things are a serious scam waiting to explode.

There is a clip going round on Gakuyo Real and his Ekeza Sacco and am very very afraid for the investors.Once one goes down then we expect others to follow on quick succession.


There's another one called JEAST, affiliated to Jubilee ChristianChurch (JCC)-Eastlands. In 2014, they sold us air disguised as plots in Lukenya behind Daystar Uni. Efforts to get refunds from them have hit a brick wall. There's an alert against them on "Buyer Beware" FB page.
murchr
#38 Posted : Wednesday, March 22, 2017 1:50:20 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,948
There's a very interesting post by Patricia Wanjiru on Buyer Beware

Quote:
I am a former employee of Simple Homes. I was contracted to manage legal affairs in the month of January. A position I remained in until the end of the month when I terminated my contract deeply deeply troubled by what I saw. And legal affairs were myriad. Unlike other employees who have been sending information to the administrator of this group secretly. I am doing so opening. I want to call attention to the fact that Simple Homes could not have existed without The Standard newspaper. It is hypocritical for The Standard newspaper to now be at the forefront of exposing a story they seem to be creating as they go along. Even as complaints swirled on social media about Simple Homes The Standard not once. Not twice. Not three times. Not four times. Not five times. But six time wrote glowing tributes to Simple Homes and the Simple Homes model. Was it because The Standard and one of the directors had a fiduciary relationship? Excuse me for asking questions. I only speculate. But one thing is for sure. When other newspapers were declining to cover Simple Homes. The Standard was at the forefront of promoting them at the rate of once every two weeks. With full page stories and developments they knew were fake. And now I say to you that the Standard is part of an elaborate and well thought out cover up to point the general public in one direction as the real culprits get away. I am not saying the people who The Standard is touting as responsible are not guilty. The quesrion has to be asked what are they acruallt guilty of? I am saying that Simple Homes was not two people. Simple Homes was crafted and executed by three lawyers and an expert at off plan property development. A real estate expert who knew all the legal documentation that required to be signed for off plan sales and how to get developers to play along. To demonstrate this one of the shareholders of Simple Homes engaged The Standard newspaper investigative reporter Vincent Achuka who has been covering the story in a conversation presenting evidence that Achuka deliberately ignored. Or covered up in arriving at his conclusions. The Standard newspaper is out to kill the truth in this story. Their first article on the 12th of March 2017 was littered with truth. The subsequent one on the 19th of March 2017 presented a completely different and ultimately confusing narrative. My conclusion is that Achuka was told by big dogs at The Standard to take the lead and kill the story so that their role would never be questioned. Because if you read the communication why would Achuka have accepted and published Susan Langat's story even though the evidence clearly shows it is untrue and Langat was a major participant and willing player in the scam? Why would Joyce Manyasi's testimony go unchallenged when it is clear that she was elected Chairperson of the company, went on to craft the relationship between the company and the cooperative and finally was the director responsible for cleaning out the company's bank accounts in February? How can Gathogo be believed? At every critical stage. Every critical meeting he is present and participates in making decisions? Finally what has caused him to absolve Ken Mutuma whose company Apex Advancement Limited the only company that actually had not only shares in Simple Homes but was "sponsoring" a property development for which deposits were actually collected, has deep ties within The Standard Media Group and who in the first article Achuka emphatically identifies as "one of the brain child's of the scheme". Read the conversation. Examine the evidence. It appears we are being taken for a big ride. A big big ride with the biggest lie being that investors lost Kshs 500 million. Simple Homes could not have turned over revenues in excess of Kshs 50 million. If you go by Langat's interview Simple Homes existed for 49 weeks. At its peak it was doing Kshs 10M per week. But for seeveal weeks in December it was closed. And many a week sales fell as low as Kshs 3M (look at the employees commission tabulations. They show the actually revenues in the period). Why have the figure been inflated by ten times by The Standard? From less that Kshs 50M to "at least Kshs 500M". Is the aim to cover our eyes with that huge figure to bamboozle the general public. It is time to dump "fake news" and go with evidence. A scam took place but we have to question. What was the scam? Who actually perpetrated it and who actually lost money.












"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
tom_boy
#39 Posted : Friday, August 30, 2019 4:27:31 PM
Rank: Member


Joined: 2/20/2007
Posts: 724
mkeiy wrote:
Has anyone heard of Africa Plantation Capital. Some sort of real estate thingy doing bamboo farming in Kilifi county? You buy a parcel, say quarter an acre for about 800k,they manage for you. You then start getting paid as from the 5th year.

Sort of 5+4=6.


These guys have re surfaced. Giving investment seminars.
Has anyone dealt with them
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
MugundaMan
#40 Posted : Saturday, August 31, 2019 6:40:10 AM
Rank: Elder


Joined: 1/8/2018
Posts: 2,000
Location: DC (Dustbowl County)
tom_boy wrote:
mkeiy wrote:
Has anyone heard of Africa Plantation Capital. Some sort of real estate thingy doing bamboo farming in Kilifi county? You buy a parcel, say quarter an acre for about 800k,they manage for you. You then start getting paid as from the 5th year.

Sort of 5+4=6.


These guys have re surfaced. Giving investment seminars.
Has anyone dealt with them


Heh heh heh you mean people are still gullible enough to fall for these scams in the year 2019? Kenyans, jameni!
**Destination 2k posts and it's curtains!****Dustbowl County is the Future of Kenya. Join us investing here or perish!!****I know you miss me but I'm NEVER coming back Laughing out loudly** shalom
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