LaNick aka Karline EM

LaNick aka Karline EM Sharing business insight and tips in building your empire�

Look into your horizons for inspiration 💫
07/06/2021

Look into your horizons for inspiration 💫

20/11/2020

In business, pay attention to changing market trends🕦

03/08/2020



Here's what you need for a standard 3 BEDROOM HOUSE.
Cement 281 bags =210,000
River Sand =122,000
Ballast =67,500
Foundation Stonnes =50,000
Hardcore 11,000
Gladiator (termite killer) =3200
BRC Mesh = 26,000
Timber and fascia =120,000
DPM = 9100
DPC =12500
Kitchen Boards and sinks =50,000
Wardrobe boards = 30,000
Roof material (versatile) 80pcs =180,000
Machine cut stones 2800 stones =90,000
Tiles(30 by 30) 80 Boxes = 62,000
(60 by 60) 23 Boxes = 27,000
Bathroom tiles 14 Boxes = 10,920
Gypsum ceiling installation for sitting and dining 2,500/m² = 84,250
Wooden flowered chipboard for other rooms = 43,000
Doors = 40,000, Windows =90,000
Valley tray and ridge cap =20,000
Paints,primer & undercoat & brushes/rollers =80,000
Round poles = 6,000
Electric materials = 50,000
Wall pass 3 rolls = 9,000
All plumbing materials =60,000
Nails = 5,000
Y10 = 14,000, R6 = 6,000, Y12 9,500
Binding wire 10kgs = 1,500
Labour and transportation 300,000
Unknowns = 40,000
TOTAL 1,990,000.

Prices be be slightly lower or higher depending with where (location)
you want to do it,

25/07/2020


BUYING LAND IN KENYA

If you are buying land from an individual or a group, please follow the following steps:

1. Ask to see the title deed or copy of title deed. Then do a search at the ministry of lands to confirm who the real owners are or if the title has any Caveat on it. The search will cost you kshs 520.

2. Do a search with the local authorities to check of any unpaid land rates. If any, agree with the seller on who will settle the debt. Nb: land can't be transferred if there are unpaid land rates.

3. Go to the ministry of lands and buy 2 maps, one showing the exact measurements of the piece u are buying (called mutation) and the other showing the neighbouring lands. Each costs Ksh 350.

4. With your 2 maps and a surveyor (you can even do it yourself) , visit the land you are buying and verify the details on the map. Check out all the beacons.

5. Sit down with ua seller and bargain the price. Write down an agreement. The agreement can be done before a lawyer or yu may decide to do it yourself. It's not a must to be written by a lawyer. According to LSK, if the value of the land is below 1 million, you pay the lawyer 3k. If above 1m, yu pay 8k for the agreement.
The spouse MUST BE present! Ask me why the spouse must be present.

6. Pay some amounts or as per your agreement. Don't pay everything, hata k**a unazo pesa. Don't pay cash. Do a bank transfer to the seller or pay direct to his or her account. This shows evidence of who paid and the payee. Cash atakuruka.

7. Book a meeting with the lands control board(LCB). They meet once a month. It will cost you kshs 1,000. But there is a special LCB meeting which yu can book at 5k. LCB will issue consent for the land to be sold.

8. Pay the remaining balance after getting consent from LCB.

9. With the consent from LCB, a recent search(not more than 6 months), clearance form from County land rates, your 2 maps, the agreement, KRA PIN, 2 Passports and copy of the title deed, go to the ministry of lands to change ownership. Cost kshs 5000.

10. At this stage, you no longer need the seller. Now go and pay stamp duty ie according to the value of the land.
4% of sale value in municipalities
2% " " " in reserves

11. Now the land belongs to you. But before celebrating, go to the ministry and do a search to confirm if it really reads your name..

BUS101Start small and remain focused
25/07/2020

BUS101
Start small and remain focused

20/06/2020

Sharing business insight and tips in building your empire✍

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