I'm an architect from Nigeria and I can say you spoke well even though I don't agree totally with all what you said .the rental property I have are not to recoup my money within some years but the main aim is to have income coming in for me for the rest of my life and to also have some thing to pass down to my kids and their own kids .so I don't look at rental investments in short term I look at it long-term .
The title of the msg is "Building Rentals is NOT growing Money". Growing is the Key word there. If your intention is to grow your money, then this video is for you. Very good teaching!
Painful truth. But i still think that rentals provide reliable income and its a good longterm investment.My friend has an office rental property, she gets a big lumpsum per month.
Passive income eg rent income suits people over 60 yrs old . No stress. You sit back and it flows in . So it is wise to diversify your portfolio of investments when you are still young. At 45 start looking at real estate. Unlike shares the volatility is less intense.
I just learned a very painful lesson,because of pressure i built rentals worth 10m ,unfortunately they are renting below the projected amount so it’s going to take me a whooping 18 years to recoup my money😢
Indeed your ideas is so amazing for us the young generation trying to figure out how things are suppose to be done Thank alot Mr Joseph for the positive impact on us
i love your content its very logic..try to do a video on how to accumulate Capital for an investment of up 500k with a salary of 30,000 n you have family in Nairobi what it would take you how ...how long will it take n how you will multitask between business n your investment..? This the range of many kenyans...poor might remaining poor forever n rich will be richer 13:43
This is only because African Governments have failed to provide adequate housing for their people, in developed countries, few people invest in rentals.
What you don’t get it, is that rentals are secret to get you generational wealth,rentals this type of investment is for long term investment, for rich people, who want money to work for them and yk when the value of the house increase, you can also increase the rental or sell it after it has increase massively. So yea
You said is for rich ppl n what he is saying is do business n get money n build rentals to sustain u at old age . He said don’t go into real estate soo early . I just completed my rental units 16 n I have regretted even before watching this video n now I need just 20% of the money I invested to start a business n am not even getting . Am not even making 1% of my money in a month . Is useless to go into rental property as a start if u don’t av good business bringing income or else all ur money will be stack in this property.
@@georgekwakye7936 if real estate -- the easiest and safest investment on earth - is difficult to make money with, do you, logically, think running a business is easier or more profitable?
Insightfull content and you gained a sub. However, considering that even after a long time I will get my money back, that in that period I cannot get the land as cheap as I can get it now, that the asset will still be standing after I break even, that I don't have to lose sleep because of a risky investment, I would still chose rentals. Also, some of us want to retire at 40 or even below, hence the statement rentals are for the old or retired is not absolutely true, I get your point though.
Zero risks are for old people who don’t need to make money anymore rather they want to secure their money. That’s why most old people store their money for example in lands. Us young people we need to create no store money.
Well spoken Sir. It took me over 15 years to Get to this Understanding right here. I should have done more research and Paid for Advice 😊😊, not Many people will understand this Video, and thats ok. Until you have had skin in the Game and Long time too, Then only then will what you are saying Finally sink in. Great Video 🎉🎉
The rental market is.the best . Yes the returns may take long depending on the type of house and the targeted market . However you are guarantee an annual cash flow interest free which can be use to buy more land or go into other biz ventures .
The title of the msg is "Building Rentals is NOT growing Money". Growing is the Key word there. If your intention is to grow your money, then this video is for you.
I interact with landlords very often, they're actually not swimming in money as most people imagine, I have seen them struggle to settle fairly small bills from service providers.
Investment advisors have the same mind all over, they have very little regard to other investments outside of money markets. Yet, even the funds sometimes go, in portions, into real estate.
Tnx for your skillful teachings. And in the future i am planning to buy plot of land in the outskirts (due it's fair prices) of Nairobi to build an apartments in the future starting 2025.
But it's not the best way of growing wealth fastly.before you regain the money you used it will take you some years.its good for already wealthy people
Also what's the security on businesses cos I've done businesses of various types and all have gone down due to one thing or the other but the safest for me now is real estate rental income .it doesn't depreciate it appreciates no matter what
Thanks for the informative betting tricks bookies use to beat the punters. But how can somebody benefit from your predictions. Please keep me posted. Michael from kenya
Please can you breathe when taking so we can understand properly please. Some few words misunderstood, we are learning and we don't wanna miss a word. Thank you
Your subject matter is good but your forgetting that there two kind of people not both May know how to do business therefore choosing rental properties makes him or her comfortable eg government civil servants they have worked there life working in offices and such kind of person may not know any kind of business than to investment in rental properties
Building a rental house is like getting a government civil servant job. You will not become that rich,but atleast you will have security. Atleast you know you will have some cash somewhere and an inheritance to leave to your kids to help them. Rentals is for long time survival as we await to die.
Kindly clarify on labour intensive investment and capital intensive investment please, otherwise you have really made me shift my mindset to the right way.
But i can actually use debt to finance the rentals project. Then as long as my rental income - expenses(including loan payments) is positive, its really doesn't matter. That's the power of a positive cashflow
Imagine you invested in bonds or real estate stocks or any shares inazaa 800k per year this means you have 4 million in investment whereby there is 16% to 20% interest yield do the maths ..and see where you can stretch your muscle 💪
@@walterotieno1491 infrastructure bond from the government of Kenya it's 18% per annum which means every year you have around 720k year or you try a sacco like 2nk which gives a dividend on shares of 25% or tower sacco with a dividend of 20%per share do your months with your 4M bro no need of rentals or building a house now make an investment which will not give you stress
@@walterotieno1491 mind you with an infraspinatus bond you can get a loan against it if you invest it for just one year and guarantee yourself a loan and go and build that rentals you want hope you understand me
try to do a video on how to accumulate Capital for an investment of up 500k with a salary of 30,000 n you have family in Nairobi what it would take you how ...how long will it take n how you will multitask between business n your investment..? This the range of many kenyans...poor might remaining poor forever n rich will be richer 13:43
I have lot of land and don't like the business idea of building and renting but like the idea of leasing the land I just don't like the business that gives headache
Hi there Joseph. Mike here.U always talk of infrastructure bond,does it have that compounding thing.Lets say I get a 1.5m ksh not from saving but a compensation from a GK job and still have the job.where would I highly benefit. I have about 19yrs to my retirement
I know a guy who started a rentals project on loan, fundis fleeced him and he ended up sending 13M plus value of land at 5M thus a total of 18m spent, but mjengo got stalled after doing the 5th floor slab, with finishes still pending in all floors. He still needs more than 6M to finish the project and has been doing loan repayments for the last 5years. Earth is tough.
Question; If a man or a woman inherits amounts of Ksh 5M, froma family property that has just been sold and he/she has received his/her share. But he/she is struggling with no job or business, on & off lives with different siblings. He/she has no skill, and now all he/she has is this Ksh 5M. What can you advise? 🤔
Sub divide yr money as follow : I _since Yu don't have a cash flow ,put yr money in market fund like 1milion which enables Yu to withdraw within 24hrs ad at same time earning an interest of 10per cent. 2:_Understand tat yr not financially stable,live below yr means in order to give yr money time to grow. 13:43 3:_Two Millon buy treasury bills at 91 days ,so as to achieve financial freedom. 4_Te other 2million Yu can buy a treasury bond of 1 year which Wii yield more than 300k per a year. 5_ consult afinancial advisor like our good Joseph to guide Yu on further investments.
@@maryndungu210 Not really coz when ordering Uber you don't see and decide which vehicle to use. All you need is to keep your vehicles in good service.
![[UNCUT] "บอสณวัฒน์" แฉ! แหล่งซุกเงินแก๊งบอส ขยันผิดที่ไม่กี่ปีก็เข้าคุก l คนดังนั่งเคลียร์ l17ต.ค.67](http://i.ytimg.com/vi/BL56qIfXYZM/mqdefault.jpg)
I'm an architect from Nigeria and I can say you spoke well even though I don't agree totally with all what you said .the rental property I have are not to recoup my money within some years but the main aim is to have income coming in for me for the rest of my life and to also have some thing to pass down to my kids and their own kids .so I don't look at rental investments in short term I look at it long-term .
If so, what is that which you said he spoke well?
The title of the msg is "Building Rentals is NOT growing Money". Growing is the Key word there. If your intention is to grow your money, then this video is for you. Very good teaching!
@@lmak2010exactly
Well, in another words is like saying Business vs investing. Business has the highest potential of returns compared to any investment.
@@joshuachimwejo5892What he spoke well was don't do it for immediate profit
Painful truth. But i still think that rentals provide reliable income and its a good longterm investment.My friend has an office rental property, she gets a big lumpsum per month.
Passive income eg rent income suits people over 60 yrs old . No stress. You sit back and it flows in . So it is wise to diversify your portfolio of investments when you are still young. At 45 start looking at real estate. Unlike shares the volatility is less intense.
I just learned a very painful lesson,because of pressure i built rentals worth 10m ,unfortunately they are renting below the projected amount so it’s going to take me a whooping 18 years to recoup my money😢
You are not alone my friend, we made the same mistakes.
True
very hard, water, security and garbage prices are up but huwezi ongeza rent beyond what neighbours are charging to recoup
Assuming that you had invested in MMF,or bonds,you would recoup your money 8 years early.
@@reaganbosco3610 mmf is constantly loosing 2% or more to inflation. U cant compare to real estate. As rents will increase as the town grows.
Indeed your ideas is so amazing for us the young generation trying to figure out how things are suppose to be done
Thank alot Mr Joseph for the positive impact on us
i love your content its very logic..try to do a video on how to accumulate Capital for an investment of up 500k with a salary of 30,000 n you have family in Nairobi what it would take you how ...how long will it take n how you will multitask between business n your investment..? This the range of many kenyans...poor might remaining poor forever n rich will be richer 13:43
Recouping takes time but the risk of loosing your money invested in rentals is next to zero.
This is only because African Governments have failed to provide adequate housing for their people, in developed countries, few people invest in rentals.
What you don’t get it, is that rentals are secret to get you generational wealth,rentals this type of investment is for long term investment, for rich people, who want money to work for them and yk when the value of the house increase, you can also increase the rental or sell it after it has increase massively. So yea
You said is for rich ppl n what he is saying is do business n get money n build rentals to sustain u at old age . He said don’t go into real estate soo early . I just completed my rental units 16 n I have regretted even before watching this video n now I need just 20% of the money I invested to start a business n am not even getting . Am not even making 1% of my money in a month . Is useless to go into rental property as a start if u don’t av good business bringing income or else all ur money will be stack in this property.
@@georgekwakye7936 if real estate -- the easiest and safest investment on earth - is difficult to make money with, do you, logically, think running a business is easier or more profitable?
You are on point bro but that analogy of rental being risky with floods is mathematically far fetched
Insightfull content and you gained a sub. However, considering that even after a long time I will get my money back, that in that period I cannot get the land as cheap as I can get it now, that the asset will still be standing after I break even, that I don't have to lose sleep because of a risky investment, I would still chose rentals. Also, some of us want to retire at 40 or even below, hence the statement rentals are for the old or retired is not absolutely true, I get your point though.
Zero risks are for old people who don’t need to make money anymore rather they want to secure their money. That’s why most old people store their money for example in lands.
Us young people we need to create no store money.
Tell them again.
Amejitolea kutufuza, thanks so much brother
Well spoken Sir. It took me over 15 years to Get to this Understanding right here. I should have done more research and Paid for Advice 😊😊, not Many people will understand this Video, and thats ok. Until you have had skin in the Game and Long time too, Then only then will what you are saying Finally sink in. Great Video 🎉🎉
Thank you very much for that kind message
Great information G.Joseph. you are a great blessing to us.
Love your channel❤❤
The rental market is.the best . Yes the returns may take long depending on the type of house and the targeted market . However you are guarantee an annual cash flow interest free which can be use to buy more land or go into other biz ventures .
This is an Ancient way. Evolve to new ways
Main issue here is how long you get your money back before you start earning interest. We build rentals as a long term investment for security
R.O.I
True to on the safer side
Thank you. At my age, I have learned something new. Wish I knew this 20 years ago.
How old are you now?
This makes alot of sense. I have changed my plans.
The title of the msg is "Building Rentals is NOT growing Money". Growing is the Key word there. If your intention is to grow your money, then this video is for you.
I interact with landlords very often, they're actually not swimming in money as most people imagine, I have seen them struggle to settle fairly small bills from service providers.
Woow.....and I thought..that was the best way to invest.... Crystal clear
Investment advisors have the same mind all over, they have very little regard to other investments outside of money markets. Yet, even the funds sometimes go, in portions, into real estate.
Watching u from Zambia 🇿🇲. I like your knowledge.
Thank you very much
Sir you are very straightforward ❤❤❤❤. You are great. I like what you do
Thanks big
i think when talking about growing money...one should also consider about factors e.g location and essential social am-entities!!
You have changed my mind set positively good Joseph
Tnx for your skillful teachings. And in the future i am planning to buy plot of land in the outskirts (due it's fair prices) of Nairobi to build an apartments in the future starting 2025.
The math has mathed... you've saved me big time.... Thank you sir.....
I don't regret, in all my investments its the most reliable
Until crappy Tenants destroy you property hahaha
But it's not the best way of growing wealth fastly.before you regain the money you used it will take you some years.its good for already wealthy people
This was meant for me. Am that type who believed in multiple streams of income even before stabilizing the main business
Wooooow! This has been very re-awakening.thanks.Gid bless.
Watching from US-oklahoma. Very insightful
Thanks
Good Joseph. I wish I had access to such information 20 years before I retired, I could be a billionaire today.
Me too my dear.
This is the best timeb
This is why I have been hesitant to do rentals kwa kaploti kangu
🤠. You must be smart but one day make sure you bring them forth
I really love today’s topic it has opened my third eye.
True. It takes ten years to get your invested money back.
Some money comes back after you are dead
Money can be stolen but rental are not
Perfectly said
They have their risks too. For example fire or earthquake🤣
Land which you have built your rentals can be grabbed if you are in Kenya😂
thanks good advice , mostly to the young people who are starting investing.
I've learnt more on capital preservation/safeguarding and investment /growing money
Am delighted you learnt this...
Also what's the security on businesses cos I've done businesses of various types and all have gone down due to one thing or the other but the safest for me now is real estate rental income .it doesn't depreciate it appreciates no matter what
Thanks for the informative betting tricks bookies use to beat the punters. But how can somebody benefit from your predictions. Please keep me posted. Michael from kenya
With less than a million the four single bedroom I constructed I get 20K per a month sleeping. A m not complaining
Kununua + kujenga .... How long did it take you to start reaping profits
My future dreaming, I will try it by next year
Have you recouped your money? And how long did it take you?
You have not counted cost of land. Mmf, bonds are still better by far.
@@victorymurangiri5164...looking at the math, it must have taken him 4 years to recoup... @ 240k per annum.... 🤔
Good advise though i still don't regret investing in rentals..
Same here
Please can you breathe when taking so we can understand properly please. Some few words misunderstood, we are learning and we don't wanna miss a word.
Thank you
Your subject matter is good but your forgetting that there two kind of people not both May know how to do business therefore choosing rental properties makes him or her comfortable eg government civil servants they have worked there life working in offices and such kind of person may not know any kind of business than to investment in rental properties
What is MMF ? How does it work with small amounts e.g.starting with 300 k and how much in terms of returns would it produce. I need to learn
Coach on it again🎉🎉
Building a rental house is like getting a government civil servant job. You will not become that rich,but atleast you will have security.
Atleast you know you will have some cash somewhere and an inheritance to leave to your kids to help them.
Rentals is for long time survival as we await to die.
What an enlightenment
I agree....that was a comprehensive and clear one
Kindly clarify on labour intensive investment and capital intensive investment please, otherwise you have really made me shift my mindset to the right way.
Remember rental value increases. I like the idea of rapping it as a business
But i can actually use debt to finance the rentals project. Then as long as my rental income - expenses(including loan payments) is positive, its really doesn't matter. That's the power of a positive cashflow
Kindly advise on what shares to buy as an investment. Thanks
Classify it as along term investment.
What I have understood is that you don't need to strain struggling business for investment.
What is the source of 10m and 2m?.
You're making shift my mindset from investing in rentals to MMF.
Mmf ni pesa bila stress 😬 mi so far ziko poa
Personally after watching this clip, I immediately changed my mind kujenga rentals in the near future...
@@cikuciku4345 invest kwanza imagine hasara Iko saa hii juu ya floods kwa wenye rentals
Excellent advice
what s mmf
Noted. thanks for your guidance
Rentals are for permanent cash-flowing if run// maintaned well !!
Imagine you invested in bonds or real estate stocks or any shares inazaa 800k per year this means you have 4 million in investment whereby there is 16% to 20% interest yield do the maths ..and see where you can stretch your muscle 💪
Which investment gives you 800k in a year with 4M?
@@walterotieno1491 infrastructure bond from the government of Kenya it's 18% per annum which means every year you have around 720k year or you try a sacco like 2nk which gives a dividend on shares of 25% or tower sacco with a dividend of 20%per share do your months with your 4M bro no need of rentals or building a house now make an investment which will not give you stress
@@walterotieno1491 mind you with an infraspinatus bond you can get a loan against it if you invest it for just one year and guarantee yourself a loan and go and build that rentals you want hope you understand me
thankyou Mr Joseph
The real good Joseph
My friend ukishiba unatusumbua sana huku TH-cam,why count in millions, what happened with thousands
Uko na poverty Mindset
😂true
try to do a video on how to accumulate Capital for an investment of up 500k with a salary of 30,000 n you have family in Nairobi what it would take you how ...how long will it take n how you will multitask between business n your investment..? This the range of many kenyans...poor might remaining poor forever n rich will be richer 13:43
😂😂
I have learnt a lot from this channel
Great knowledge 😀
I don't regret by receiving house rent at the end of month
One critical factor of real estate is occupancy.... It might take one year unoccupied.
Vacancy loss. Hahahahaa.
Non-real estate businesses are complicated. Most collapse. Real estate is not too complicated.
I have lot of land and don't like the business idea of building and renting but like the idea of leasing the land I just don't like the business that gives headache
Good Stuff bro...
Good Joseph...
Hi there Joseph. Mike here.U always talk of infrastructure bond,does it have that compounding thing.Lets say I get a 1.5m ksh not from saving but a compensation from a GK job and still have the job.where would I highly benefit. I have about 19yrs to my retirement
Real Estate is a Capital intensive Business. Please say that again so people can listen. Thank you
I know a guy who started a rentals project on loan, fundis fleeced him and he ended up sending 13M plus value of land at 5M thus a total of 18m spent, but mjengo got stalled after doing the 5th floor slab, with finishes still pending in all floors. He still needs more than 6M to finish the project and has been doing loan repayments for the last 5years.
Earth is tough.
That's a very good insight.
Alikuwa na tamaaa
Mimi hata sita Ongea coz it's like una ni ongelea kabisa..
So Nita NYAMAZA tuu..
Uzuri i still get some sleep 😴 n I can still have an ERECTION 😂
Do you usually pray for him? He needs a miracle.
Hi
Thamks for the eye opener.
How can i contact you.
Great video thnxs for sharing
I totally agree with you.
Good stuff
Thank you GJ
Great advice..... Am wiser🙏🙏🙏
I love this channel
Thank you very much
What is your net worth?
I'll post it on the next video at the background. Keep watching
Real Deal,Good Works GJ
Question; If a man or a woman inherits amounts of Ksh 5M, froma family property that has just been sold and he/she has received his/her share. But he/she is struggling with no job or business, on & off lives with different siblings. He/she has no skill, and now all he/she has is this Ksh 5M. What can you advise? 🤔
Put the money in a money mkt fund and it will be giving you around 50k to 60k a month n you still retain the 5m.
Sub divide yr money as follow : I _since Yu don't have a cash flow ,put yr money in market fund like 1milion which enables Yu to withdraw within 24hrs ad at same time earning an interest of 10per cent.
2:_Understand tat yr not financially stable,live below yr means in order to give yr money time to grow. 13:43
3:_Two Millon buy treasury bills at 91 days ,so as to achieve financial freedom.
4_Te other 2million Yu can buy a treasury bond of 1 year which Wii yield more than 300k per a year.
5_ consult afinancial advisor like our good Joseph to guide Yu on further investments.
That's a lie
Good one🎉
Two uber cars at 1.6M can give you much more than that. You are telling the truth
Uber is a good investment. Does vehicle depreciation affect the profit?
@@maryndungu210 Not really coz when ordering Uber you don't see and decide which vehicle to use. All you need is to keep your vehicles in good service.
@@derrickirimi9343I think she meant to ask does depreciation of the car’s value affect the profit ?
@@maryndungu210no
Good JOZE, Good Channel
Pure wisdom
Best mindset.🔥
Good Joseph
Very good knowledge
Rental income is growing money may be if tenants are not paying in time
Good advice
Very well put...
Great insights
Thanks so much
Absolutely yes
Great advise. Subscribed right away.
Great insights👍
I'm about to retire and I thought this the real thing
Thanks