Buying land is not the best idea!. Do this instead! 😳

Buying land is not by default the best idea out there, despite it being more popularized and it being the primary thing that crosses mind to majority of people after getting money. There are other productive areas one can invest on and get good returns. Disclaimer, I didn't say that land is ultimately bad idea to invest on, I meant that before taking just an idea to invest consider if it's the best option and best for your money.
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[@jonnesmwangi3250]

The best thing I ever did is buying 50 by 100 in Juja Farm. Small piece of land but earning me handsomely. I'm doing poultry and I even quit my job. The advise should not be against owning land, but buying land to stay idle. If you have small money, buy land and invest in battery cage system. Your life will never be the same again!

[@user-fg9qc9gx8m]

Which side of juja farm and how much

[@judithokeyo3141]

Hi 986iiiio 99😊😊😊and itiiutitytiiiiiiii8i😊iiiyt😊īttttttttttttttttttttty😊⁶😊9ui⁷tttttì8iu9u9😊99😊you is r😊😊and 😊😊uii😊😊your loan repayment ìuutuit😊ìuuui😊😊😊😊is usually an important factor to work tomorrow 😊😊😊79nnj😊9jj 99i😊 jjjj😊😊😊

[@jonnesmwangi3250]

Kwa Murage... That time was 500k, right now must be around 800k

[@micaangote2138]

Great

[@user-fg9qc9gx8m]

@@jonnesmwangi3250 I really humbled 🙂 be blessed

[@juliusokodoi687]

I bought land 7m during covid now I'm selling it 23m that is its value,,I still think land is also a good idea

[@simbaKevin]

Bought Land @300K at 22yrs, sold it @1.5M after 10 yrs. For me it is worthy. Not all of us have same thinking. The only thing I can say never buy Land with loans. If you have Idle money and you don't plan to do business go for Land.

[@gw7768]

...comes to also personality. If one is not naturally entrepreneural it makes sense to sell the way you did. A true business person knows that he doesn't need to wait 10 yr to make kes120k per year from kes300k investement. ((1.5-.3)/20=.12)

[@wilsonemmanuel1352]

lol 1.5 M value is way below what u invested. Even fixed deposits could have given u folds of that amount in 10 months. Land is good but not in all cases

[@oduoriwamakokha7581]

Now, it's like you had idle money at that time, and we don't know how long ago that was, otherwise, 300k, if one is business minded, and opportunities are available, and the situation/s is/are apt... ...in one year of proper capital working, even for just a household grocery retail shop, one can make a fair amount of profit/s out of just a fraction of that initial capital... I've been in businesses, and I know it's very possible, with that kind of capital in a good business, to make what you earned in a decade in just about 2yrs, and still keep the business moving on, unlike in your case, whereby you now the cash and again you nolonger have the land... ...sasa umefanyaa? That's my take.

[@user-dc9go9jv6v]

If you considered the inflation costs you may find out that its almost the same. I see land as an asset for beating inflation and keeping the money value. Unless you are buying land to make it generate income or else all you are doing is you are just buying it to keep the money value and beating inflation which isn't bad but you can make more money and beat the inflation far far away than keeping your money in land.

[@mishnjambikinyajui2543]

If you give me that 300k then after 10years l can make almost 6 million even more...10 years mazee 1.5 nikidogo TU sana

[@peterokey536]

This man must be very right. I have actually learnt from experience. Some people here might be saying land first but, I advice you to reinvest that money to enhance cash flow in that your business. This words of wisdom is more especially for who has not seen the other side of the coin called life. Thank you all!

[@achandolyne6261]

Land, residence is the best decision I ever made in life. Nobody can tell me otherwise. However, I agree, people and circumstances are different. What I can say is try as much as possible to avoid loans you can't afford. Lastly, pray about everything and every decision you want to take🙏

[@TripleHelpRipples]

understand him..he says if you dont have money to invest in that land so it can appreciate dont go for that land

[@achandolyne6261]

@@TripleHelpRipples Which I am not disputing but adding, different people, different circumstances. You might not have money now, but get it in a year or so. We should not be boxed into a do or die situation. One has to carefully evaluate themselves, what can I "comfortably" afford to sustain or venture into what my heart desires or what I think would be an achievement. Also, I said, in my case.....was not speaking for all.

[@musondakasenge613]

Yes, we olso need to involve God in our plans and decisions. In my country land appreciate very fast, the price can double after a year or two. 😊 Good presentation though

[@ndirangujoseph-lo6pq]

You are right.land is the best investment you can make.In 20 years' time, you won't believe how much it has appreciated in value plus shielding you from predatory landlords.

[@kennedymwagambo7197]

But the good thing about land it adds value everyday, it doesn't loose value !!

[@gabrielwilson8074]

You opened my eyes when you say, in a young age we focus on growing money not on storing money

[@user-ge6zw9px6j]

Saving...eg through a SACCO

[@hephzibahrain7322]

Buying land is the best investment anyone can ever make in the long run..... If you are a young person, invest in land... Its not only for you but for future generations...

[@djZezeman]

I rather buy it and stay idle,, buying land is the best thing ever 😅😅

[@dummydee962]

I differ because land prices appreciate much quicker anywhere in the world while money can be quickly lost in inflation.

[@marymungai4429]

your right Sir

[@zippyjepps2750]

Very true indeed.

[@innocentotieno7089]

Great mind

[@alqhaha2393]

Am in Qatar working...I invested 400k by opening a shop in Malindi.....2 yrs ago....1 bundle of maize flour was 980.....it went up to 2600 ....and every thing collapsed up to now.....my money got swallowed....I wish I had used the 400k in buying a plot to build rentals..😭😭😭😭

[@ronothebaringoboy.1070]

Also land depreciates when inflation hits as you bought it with money and intend to sell it for money. Kshs.500k in 2010 is not the same as today.Maybe 1M. That is why land is overpriced in Kenya as sellers want to compensate the inflation aspect full.

[@kenlurther]

I agree with him 100% I always tell my friends focus with something that is giving you cash flow don’t go for asset first go for an investment that will able you to buy an asset . For a land to appreciate very fast it’s by luck, which is very rare normally it will take time to appreciate something good maybe after 5,10 years or more. Unless someone have a lot of money then they can consider a piece of land. But if you have small capital of money e.g 1 million.please consider investment that will give you cash flow Guys but please don’t attack me. That’s my point of view.

[@SmartTube-dp6mf]

In Ethiopian context buying land is the only way to become rich in short! Ex-Buying 300-500m2 in capital city or near capital cities by 500K-1000K ETB and sell it after 2-4 years by doubling or quadrupling the buying price.

[@dinnyl-es4791]

In Botswana 🇧🇼 the best way of getting rich is buying land in the city and in those tourist attraction areas. The land is now worth millions of pulas/dollars.

[@emmaolara8290]

Seriously the best advice got from KZbin ever 🙏🙏👍. Bring in more

[@user-vn6qm3qj2b]

its always depending on the situation , the person that is into bussiness always need money to expand and the person that doesnt even know where to invest his money goes for land first before his eyes open and the money should not come from a loan , the worst to me is those that are living in the city on rented house and started building a house in the village that will take them once a year to visit or once two years unnessarily strugling to pay rent in the city, which is not bad to build in the village but timing matters alot.

[@kennedykazidi3186]

Wow! I personally feel n understand your point brother. Thanks for the input. It's so intellectually put

[@user-tl4dn3cd4g]

Great job Joseph! Thank you so much

[@TrumpMAGA-fe4dn]

Great video. Keep up the good work.

[@ogechiogan-ekandem2776]

Many thanks indeed! Cheers!

[@emmanuelkisanga9092]

Perfect illustration, thank you Sir

[@martinbaluku8679]

Great idea. Thank you for Analysing the land Asset issue

[@josephkinyua8285]

Buying land and building my house was the best decision I made in my life, from there I risk without looking back, nobody tell you not to have a home, if you can do it otherwise you live like a bird

[@traveldiarieswithbo6380]

I'm choosing land over anything else.

[@geoffreymatheka9056]

Pertect Illuminating idea, I spead 3 m to build rentals but still struggling to get customers..other lands approximately 3m lock my money, because farming is not giving any profits ..for me have learned through experience what he's talking about make sense to me ...thank you for sharing this game changing idea..now sharing more business ideas and way of generating more money..

[@user-wm3kw6ht1b]

Thank you a whole lot for this video. Honestly you made a lot of senses.

[@wanjirukinyanjui]

You explained it so well! Thank you

[@I_Matheri]

Very informative piece! Makes a lot of sense.

[@mekwunyesunday1226]

With inflation in Nigeria today, land and online business is the best place to invest. Having inventory business is a no no for now in Nigeria.

[@mfonyeshuaa2499]

Rich content. We need to assess our situation, needs and goals, and make decisions accordingly. Thank you, Coach.

[@subchiefJB]

thank you for this advice.

[@nketiahtv5355]

Point well justified. Thanks.

[@josphatboro8500]

You have opened my eyes.

[@anthonymuthengi9879]

You articulated this well.

[@victorwaswa4739]

You are practically a wise man Joseph. Thank you for this. New subscriber btw

[@olaniyiolaleye8710]

Buying land is the best, I bought some pieces of land by 2021. Today, it is selling for seven million naira each. The advice varies with individual situations

[@user-qz3ol8mj2c]

Well explained , I wish I listened to this 5 years ago but it's not still late.

[@mrenomc]

Very insightful. Thank you.

[@IAmOfwona]

You‘re an excellent teacher, Joseph! 👏🏾

[@rotimiabraham7784]

Brilliant presentation

[@gisthub115]

Thank you Uncle 😊

[@josephmgift]

Hey, what you said about people is true, MOST people fear being entrepreneurs and they just play the safe games. Unfortunately they stay in a loop. I have realized how much I have lost many friends when I tell them about investments ( They don't want to hear). Anyways, I don't blame them I'll stick to my decisions. 😅

[@goodjoseph220]

Absolutely that's a very true observations. I lost a turn of friends when I decided to become me 😃

[@josephmgift]

@@goodjoseph220 🫡

[@alexmajuta6843]

I think what he is saying makes sense and means a lot to a business minded people. Depending on your financial age, you will think of a certain way and see what you need and priorities. There are those that want to make money quickly-short term and those that want to make money after many years meaning long term, all depends on your thinking capacity. If you learn about commerce you will understand all this. Buying land and properties or building flats falls under securities and long term plan.

[@ChebePolycap]

You have a point. Thanks Sir.

[@jmmwangiofficial1594]

This is the best advice to economist people i love it

[@SMBSuccess-op5cg]

Made so much sense! Thanks for this information. Watching from Nigeria

[@BarreMushi-yz4wt]

Wow! I like your good advice.. I'm starting to see the light at the end of the tunnel..

[@gilbertotieno3984]

Great work you do there sir

[@jamesluvisha5485]

What an eye opening ideas,thank you sir .

[@user-hw4ou9ls7h]

Thank you for this video. At first sight I was marveled. Here in Cameroon, we see land as the greatest asset.

[@mbeleshadrack3738]

Good insight , keep it up. I have learnt a lot

[@Moneyman077]

”I learn that I need to check inflation rate and land appreciation yearly to know If I am making money.” This is good! I just found you today. Good stuff!

[@eghosaosayande978]

Perfect illustration. Am not suprice. People should learn to do what right for their growth rather than what we need by ignorance.

[@craigcolbourn8351]

Amazing vid my friend!👍🏻👍🏻

[@miltonochieng6621]

Very good advise thanks

[@kingiolizm]

Right on point! Just subscribed to your channel .

[@nancytenai626]

Thank you for the advice

[@davidokecha1388]

I totally agree with you. I made that investment mistake, where I used my money to buy a fixed asset land and built a house. But later I noticed that my cash flow was tied up, and I learned a hard way.

[@josephatkibet5216]

Thank you for the video. I was going to buy a Land next week but after watching the video I have decided to expand my business with the money and create more cashflow. I bought another land a year ago but has yielded nothing so far.

[@hesbonbwire954]

I bought 1 hectare land at 80,000 shs 20 year a go . I am the most happiest person. Nimepanda maembe etc . Hiyo ni yako . Nenda nunua shamba ushago one day utatoka hapa Nairobi.

[@mimsbaibe6mimsgul737]

Congratulations now I know it's very expensive

[@peterkamweru4402]

But you suffered 20yrs....do investment

[@marynjoki8726]

I have a brother who is a prof in economics.he lecs in one university here in Nairobi.many people seek his advice in maters business.His theory is beautiful and looks realistic but practically it's more hard and very impossible.Himself will never apply his theory he will champion on the next open opportunity.when u ask him he will give that curious look and say...."theory and practical are cousins,age will prove this for you".weee am still learning

[@mangalisopepper4507]

Thank you for a fresh perspective really appreciate it. what you talking about I call it being "Rich on paper" meaning you have title deed but its not bring any Income, unless you sell it which is a different story.

[@geoffreyagoi9102]

Good piece of advice..

[@benjaminkaula4928]

Great video Sir... Thank you

[@johnmash6089]

Buying land is the worst decision I made. It's better to buy a car to depreciate while giving me comfort than buying idle asset called land.

[@rhiophiri6857]

you are the best teacher mr Joseph, watching you from lusaka zambia

[@jameskingori2227]

Waooo definitely your idea is good brother thanks.

[@williamabuta4837]

Agreeable with your thoughts brother.

[@akwelleroland5951]

how I wish I came across this before now. thanks for the revelation

[@janemuthoni584]

Good content 👍🏼👍🏼

[@benjaminmwanga2244]

Good one man José

[@bikojohnfrancis]

Good point noted! You are opening our eyes especially we young guys from Uganda

[@AyiokaKeys]

Know the truth and it will set you free thankyou Good Joseph 🙏

[@jj-pl6jf]

Great advice ❤ I wish I heard this 5 years ago. Uuii I have made big mistakes. My money is sitting on land that it so hard to sell.

[@wagenisteve2567]

Great .thats the whole truth. Cash flow is the key here guys.

[@abelmakori]

You're a good teacher

[@francisafeku7007]

Your explanations are on point

[@davidmaase1744]

Lovely advice

[@philipesuchi73]

Powerful content

[@alckarazderrick5214]

I do understand your point and I believe it's best for one to consider on it first

[@ndodimpeladlamini4589]

This is a great video with insightful education concepts. Thank you.

[@johnwamagana73]

Great advice and mostly to the young investors. Watching from Seattle USA

[@goodjoseph220]

Thank you for watching John.

[@katukatu24]

John bring money we sell you Land 😂

[@motema_mpembe]

This is insightful!

[@rwenji22]

Great ideas but not for everyone. You actually break down things nicely. Cash flow is King.

[@liliannjuguna2923]

Well explained...Now I know better...Thank you

[@SylviaMwila]

I salute you sir.. this info. has opened my eyes 🙄

[@kamandaerick]

Very informative.

[@miriammuller2845]

Thank you 🙏❤

[@josphattanui4546]

i recent did the same but i haven't gotten any value from the piece, you are making more sense to me. Good work Sir

[@joshlinus8493]

Smart guy with excellent lecture

[@ronaldmwangi3773]

Good content.

[@emmanuellucas]

Thanks in advance for your advice

[@daviddzengo6711]

Babaa you are very right!how I wish I got this advice 6yrs a go I would have done exactly what you have advised us...

[@achatwithgoitse]

Thank you! Your advice will work for me. Land is awesome yes, starting to generate cash flow with mine, but it’s land I got for free. Used to buy land before, it never really worked for me. It was in places where it wasn’t appreciating fast. Was about to buy more land but worried it would reduce cash flow I haven’t budgeted for yet. So you’re right. Will wait a bit till I’ve generated enough money to probably buy it cash. Thanks!

[@williamnjezda]

Big up on yourself Joseph

[@eaganbright5716]

Man I love you, this is my first time but you have strengthened my strategic thinking ability Growing Money and Storing money Cash flow and asset, awesome man thank you, am watching from the Philippines. Stay well more education

[@chrisogara4039]

Thank you so much with this your information cash flow is the best

[@user-go3bh8wx2g]

Good advice

[@edwardshaw8312]

You have done many of us a great favor here my Brother!! Thank you for this clarifying presentation!! You should be a Lecturer in the field. You are most insightful!!😊

[@otimpeter1090]

Very true Joseph, but we should learn to analyst why buying Land and valuable utilization planning before borrowing the loan or land

[@okothtonny7350]

You are the right person I must follow up in my life

[@tomorrow_is_pregnant]

Very informative

[@kingnova3104]

very clear & Perfect illustration, thank you Joseph

[@MiracleTumaini]

Lie

[@ProphetWilfredNgwanyi_2023.]

I concur with you, buying land should be considered in terms of investments.

[@isaacissasultan]

Asante ndugu