I love the foundation of this topic REITS, I now understand it better unlike before. You're such an amazing gem coach. Have really grown financially through your channel. Thank you so much and God bless you.
REITs is a relatively new investments vehicle in kenya but I have heard about it since year 2004 in USA, Now coach Susan thanks for talking about Vuka. I have heard of Qwetu students accommodation and the beautiful thing about REITS is being mandated to pay dividends twice a year. I am an investor and that very informative so I won't mind investing in REITS.
0:00-5:20 What are REITS 5:22-9:54 How to make money on REITS 9:56- 24:30- Why it is an attractive investment 24:40- 26:30 - Vuka Advertisement 26:39- 28:40- What is an Income REIT 30:21- 32:18- Vuka Advertisement Again: + Hidden cost KSH 299 32:54-35:23- Plans when Investing in REITS
I am very happy that you have talked about this. I emailed you a couple of times asking if you could address us about Vuka and you have finally done it. Thank you Susan
I didn't know anything about Real Estate Investment Trusts in Kenya now l know and thanks for explaining it so clearly. Am going to consider this as a portfolio
Thank you Susan for this. Despite investing, I have never heard of REITs. Never knew of a trust fund focusing on just real estate. We learn every day...Asante mwalimu!
That's a very insightful and an eye opener topic. Thanks a lot. Can you also give us advice on how one can invest pension funds and earn interests monthly. Many people could be interested.
Watching this now😅I’m always late to watch but thank you so much for enlightening us…you truly are heaven sent . Keep teaching us the in’s and outs of investing and building wealth !!🥳👏🏽👏🏽
That is a great overview of REITS. What I like about it is the "low" entry amount, the underlying investment (real estate) offers diversification into real estate, one can put in additional capital at lower amounts as well, the WHT is 5% not so bad. What I don't like is that the value of the units can fluctuate, the dividend payout is dependent on earnings and not sure how much it fluctuates, there is a 1% fee to exit (its not a lot but the more money have in it the more costlier that gets) I could be wrong but am pretty certain there is a management fee in the woodworks somewhere, it could be worked out in the returns such that whatever dividend allocation shared is less the management fee - there is no free lunch. Generally what I don't like is inherently some of the risks of investing in this asset class. Otherwise, that is a great video on REITS - of course minus the sales pitch - lol - that's just me.
Absolutely right, and the culture of corruption that has become the norm in our society, after all inherent expenses and management fee, there will be no dividends to take home. Better buy what is referred to as idle land and put up Mabati temporary structures and grow from there.
@@mukuhinjenga9489 From their financial reports, in 2022 they paid a dividend of 0.64 per unit and in 2023 paid 0.77 per unit. So in 2023 if you had 100K invested that is 4545.45 units @.77 that's Ksh 3,500 before taxes and whatever fees that could be associated with the investment. I could be wrong but that is how I interpret the math. So to be fair there is some dividends right there. Is it worth the investment? Can one get better returns in a different investment vehicle? That is a different question and up to each investor to decide. Again the challenge with buying land and putting up the mabati structure is the upfront capital which REITS tries to address.
That was very informative! I am glad to have come across your channel recently. However, I still have my reservations in investing in real estate firms after the Cytonn scandal. Let me just stick to MMFS…
We understand your concerns, its wise to invest in regulated products with proper structure when it comes to real estate investing. We also encourage you to consider diversifying to other asset classes.
Hi Coach,the last time I checked their ROI was about 5%.What will convince me to choose REITs and leave MMFS which we all know have ROI of above 13% Remember we are all fighting against inflation.
You do not need to be convinced to leave MMF, she asking you to add another road aka diversification) to your financial freedom. Not all roads to financial freedom are the same 13 lanes aka 13% ROI some are 5 lanes . The goal is to keep adding more roads so that if there is a road closure on one road you my dear are still moving. The Goal is to LIVE in FINANCIAL FREEDOM ESTATE! SOFT LIFE ehhh.
I am so glad to see REITS in Kenya... I had seen this in UK markets and it seems like an investment most of us would benefit a lot from. Thanks a lot for this well thought out and insightful dive into an alternative form of asset class that lets regular mwananchi own a part of real estate! Great job
Hi, the I-REIT units are derived from the Net Asset Value of the Assets. This means the unit price is reflection to the value of the property which constantly appreciates.
@arthurgumbo5597 D-REIT focus is on development of commercial properties say, shopping complexes, office space complex and such infrastructure. It’s ROI is usually big. You also require at least Ksh 5million to invest in D-REIT. That’s why most investors in it are big orgs or institutions, and pockets of wealthy individuals. I-REIT is more on rental income. It’s more of being a virtual landlord. These angle of investment products are more common in the developed world as compared to developing countries. Kenya stands out as one amongst the few firsts in Africa with these class of investment
Hello Coach, unlike MMFs where the fund doesnt sit in the Fund managers balance sheet thereby derisking the investor incase the the fund manger collapse does the REIT fund sit in the balance sheet of the fund manager ?
HI, Real Estate Investment Trusts (REITs) and Money Market Funds (MMFs) operate under different structures, particularly in how they relate to the fund manager's balance sheet. Similar to MMFs, REITs are structured as separate legal entities. The assets and liabilities of a REIT are kept on the balance sheet of the REIT itself, not the fund manager or REIT manager. This separation provides a degree of protection to investors. If the fund manager collapses, the assets of the REIT remain intact and separate from the fund manager's assets. The REIT's performance and value are tied to the underlying real estate assets and operations, not the financial health of the fund manager. Additionally, in a REIT, your funds are asset backed, hence it's considered low risk.
Hi Susan. Please share details on Business name registration & Company name registration. Differences, under what circumstances do you choose to register business name or company & so forth. I hope you come across this text. Thank you ❤
That’s good breakdown. However, I personally tried to open an account with Vuka but they have so high charges that amounted upto 17% of your interest. They have joining fee, annual fee, 3%on transactions, 15% withholding tax etc. They listed the charges I had to drop my application. Please educate people well if you mean well for them coz majority of many Kenyans don’t thoroughly investigate hidden charges.
Hi Mercy, we don't calculate Withholding tax how you have added it amounting to 17%. And the charges are not "hidden" because they are clearly stated on most investment websites. I do have a follow up video coming up that will answer and teach you how to calculate your net return, please stay tuned to learn how to do it. Also, I do mean well. That is why I do what I do. Don't come for my ethics just because you don't fully understand something. We stay kind of this channel. 😊
@@susan.wanjiku_ I didnt mean to offend you or challenge your ethics. I meant to probe you to share more details with your listeners because I listened to a video & rushed to apply to vuka only that am inquisitive and when they reached out, I asked so many question which helped me learn about the 299 opening non-rfundable (depending with the category), the 3% on every transaction, the annual fee, and the withholding tax. I didn't mean withholding is hidden, but the other charges, unless one is inquisitive will never be mentioned publicly-its obvious for businesses. Small piece of advise-don't get provoked by your listeners comments to feel the need to justify yourself or defend your ethics-just be happy to respond or ingore. They're not meant to harm you but seekers yearn for more.😌
Can we trust the trustees 100 percent to make decisions on our behalf,moreso when declaring the 80percent that members are supposed to share as dividents?
Who else hit that like button ❤.... Coach you really are doing a great job 💯🔥
I always just know is good stuff, so i first hit the like button before i watch aaha.
I love the foundation of this topic REITS, I now understand it better unlike before. You're such an amazing gem coach. Have really grown financially through your channel. Thank you so much and God bless you.
Thank you for the good work
I hope Vuka see the value of your community and send us someone to break down further the information and partner with you long term.
Profoundly insightful, please kindly host someone from Vuka for further light. We're forever grateful❤
You are the best Financial literacy coach, Thank you so much💝
REITs is a relatively new investments vehicle in kenya but I have heard about it since year 2004 in USA, Now coach Susan thanks for talking about Vuka. I have heard of Qwetu students accommodation and the beautiful thing about REITS is being mandated to pay dividends twice a year. I am an investor and that very informative so I won't mind investing in REITS.
0:00-5:20 What are REITS
5:22-9:54 How to make money on REITS
9:56- 24:30- Why it is an attractive investment
24:40- 26:30 - Vuka Advertisement
26:39- 28:40- What is an Income REIT
30:21- 32:18- Vuka Advertisement Again: + Hidden cost KSH 299
32:54-35:23- Plans when Investing in REITS
I have listened to this twice. Thank you. You have no idea how much you have helped me.
I am very happy that you have talked about this. I emailed you a couple of times asking if you could address us about Vuka and you have finally done it. Thank you Susan
Been waiting for you to bring this topic here. I pumped into it somewhere and wasn't sure if it's legit. Thank God you brought it. It's a good sign.
This is very informative Coach Susan. Thank you for simplifying finance jargon that is a hindrance to financial literacy.
I am sold😊
I didn't know anything about Real Estate Investment Trusts in Kenya now l know and thanks for explaining it so clearly. Am going to consider this as a portfolio
IF MY MATHS TEACHER WAS THIS DETAILED BACK THEN.....
You know!?
😂😂😂😂I know
Brilliant video!. Personally i like the VUKA I-REIT in Kenya. 👏🏽👏🏽👏🏽
Thank you coach, This is gold to me. Its amazing how you explain clearly. May God bless you abundantly.
Dear coach ,may you live long you are a precious gem❤❤❤❤
Good morning coach. Ready to learn. Thanks 🎉🎉🎉🎉
Never even heard of REIT, here to learn
Thank you Susan for this. Despite investing, I have never heard of REITs. Never knew of a trust fund focusing on just real estate. We learn every day...Asante mwalimu!
The video I have been waiting for! Thank you for simplifying it and the plug as well.
Woow. That's my coach. God bless you
Yeahh.... That's me, already hitting the like button even before watching the video....
Can't wait to gain more. Thanks Coach.😊😊
Have been waiting for this topic from you
joined Vuka in April. thanks couch for elaborate explanation.
That's a very insightful and an eye opener topic.
Thanks a lot.
Can you also give us advice on how one can invest pension funds and earn interests monthly. Many people could be interested.
Very insightful gal
Good staff.
Woow so insightful. Must join!
Coach Suzie you are a blessing to my generation
Thanks Susan, this is amazing, i will definately share, and i have just registered with vuka
Yeah i am aslo doing finance
Thanks for explaining this so well.
Morning Coach. I know nothing other than the buy & build traditions. I look forward to my bubble being "burst".
Watching this now😅I’m always late to watch but thank you so much for enlightening us…you truly are heaven sent . Keep teaching us the in’s and outs of investing and building wealth !!🥳👏🏽👏🏽
Lovely, well said and explained very clearly, now I know about REITs and I look forward to investing in
Looking forward to assisiting through this journey.
@@vukainvestment3424hello I just listened this video now how can I join vuka?
Very educative.
Taking notes 📝💻📝
Thanks my couch 🎉
That is a great overview of REITS.
What I like about it is the "low" entry amount, the underlying investment (real estate) offers diversification into real estate, one can put in additional capital at lower amounts as well, the WHT is 5% not so bad.
What I don't like is that the value of the units can fluctuate, the dividend payout is dependent on earnings and not sure how much it fluctuates, there is a 1% fee to exit (its not a lot but the more money have in it the more costlier that gets) I could be wrong but am pretty certain there is a management fee in the woodworks somewhere, it could be worked out in the returns such that whatever dividend allocation shared is less the management fee - there is no free lunch.
Generally what I don't like is inherently some of the risks of investing in this asset class.
Otherwise, that is a great video on REITS - of course minus the sales pitch - lol - that's just me.
Absolutely right, and the culture of corruption that has become the norm in our society, after all inherent expenses and management fee, there will be no dividends to take home. Better buy what is referred to as idle land and put up Mabati temporary structures and grow from there.
@@mukuhinjenga9489 From their financial reports, in 2022 they paid a dividend of 0.64 per unit and in 2023 paid 0.77 per unit. So in 2023 if you had 100K invested that is 4545.45 units @.77 that's Ksh 3,500 before taxes and whatever fees that could be associated with the investment. I could be wrong but that is how I interpret the math. So to be fair there is some dividends right there. Is it worth the investment? Can one get better returns in a different investment vehicle? That is a different question and up to each investor to decide. Again the challenge with buying land and putting up the mabati structure is the upfront capital which REITS tries to address.
Hey Susan, this is awesome, I love this foundtion.
Great information. I wish I knew this several years back
Wow couch Susan,keep it up n may God keep adding u more knowledge to save His people,makofi dadangu
Thank you it was helpful and insightful am happy I learnt something new.
This was amazing well explained
We’ve been waiting for this. Thanks for delivering it well coach ❤
Thank you for this information
This is really insightful. I love this idea.
Thank you Susan …
That was very informative! I am glad to have come across your channel recently. However, I still have my reservations in investing in real estate firms after the Cytonn scandal. Let me just stick to MMFS…
Bonds.stocks?Balanced funds?bond funds?fxds?
We understand your concerns, its wise to invest in regulated products with proper structure when it comes to real estate investing. We also encourage you to consider diversifying to other asset classes.
This is soo profound
Very informative thanks girl
Very educative
Insightful, helpful...
Nice topic
This was super insightful ❤❤thankyouu‼️
Dipak loves you
Very insightful.. .. please invite someone from Vuka as you have stated to give us the nitty gritty stuff.
One on one conversation is always best.
Hi Coach,the last time I checked their ROI was about 5%.What will convince me to choose REITs and leave MMFS which we all know have ROI of above 13%
Remember we are all fighting against inflation.
You do not need to be convinced to leave MMF, she asking you to add another road aka diversification) to your financial freedom. Not all roads to financial freedom are the same 13 lanes aka 13% ROI some are 5 lanes . The goal is to keep adding more roads so that if there is a road closure on one road you my dear are still moving. The Goal is to LIVE in FINANCIAL FREEDOM ESTATE! SOFT LIFE ehhh.
Amazing!!! Thank you!!
Thank you coach. I am taking baby steps to save & invest. Please receive your flowers from me.
It's so helpful
Hi Susan congratulations for your good coaching courses , keep up the good work 👍 and is Vuka office in Narok county
Vuka online..reach out to their customer care
Go listen to @The Weath tribe,she's delved further
I am so glad to see REITS in Kenya... I had seen this in UK markets and it seems like an investment most of us would benefit a lot from. Thanks a lot for this well thought out and insightful dive into an alternative form of asset class that lets regular mwananchi own a part of real estate! Great job
The minimum number of units one can buy is 10. Currently one unit is Kshs. 22.03
I am from Tanzania,
Can i buy shares to VUKA?
@@sumayrenatus482 Hi, you can only do so if you are a Kenyan Citizen at the moment.
Have not heard of them
Waiting for the link of vuka
It is in the description box of this video.
Hey, love your channel. I found that branch app offers a fixed acc. for a flat rate of 16%.would you recommend them?
Hi Susan. Thank you for such an informative post.
Can the REITs units depreciate in value?
Hi, the I-REIT units are derived from the Net Asset Value of the Assets. This means the unit price is reflection to the value of the property which constantly appreciates.
Morning, first time I am hearing about this
Awesome. We would like to get to know better, tell you more about us and see how we can add value to your investment goals.
Hallo couch I like to start investing in security market please advice me on one stock broker I would do business with
Good Day Susan and thank you for sharing the information. what are some of the REIT investments you can recommend in Kenya.
What potential risks or disadvantages can REITs have?
Take us through bitcoin and crypto currency.....
This is good. How can I join vuka
Thanks coach Susan, you always come in handy, thank you. am watching from Uganda, how do i follow, i tried and it only shows Mpesa
Hello, you can also invest via bank transfer etc. The investment is only open to Kenyan citizens at the moment.
Thanks Coach. Can you mention the difference between D-REIT & I-REIT ?
@arthurgumbo5597 D-REIT focus is on development of commercial properties say, shopping complexes, office space complex and such infrastructure. It’s ROI is usually big. You also require at least Ksh 5million to invest in D-REIT. That’s why most investors in it are big orgs or institutions, and pockets of wealthy individuals. I-REIT is more on rental income. It’s more of being a virtual landlord. These angle of investment products are more common in the developed world as compared to developing countries. Kenya stands out as one amongst the few firsts in Africa with these class of investment
Will the I-REIT company tell the investor the estate they are investing in? eg we are building a commerical house ABC
Susan, good information about investment my first time to here about this.
How can. I register if I'm outside the country-Enos
Hello Coach, unlike MMFs where the fund doesnt sit in the Fund managers balance sheet thereby derisking the investor incase the the fund manger collapse does the REIT fund sit in the balance sheet of the fund manager ?
HI,
Real Estate Investment Trusts (REITs) and Money Market Funds (MMFs) operate under different structures, particularly in how they relate to the fund manager's balance sheet.
Similar to MMFs, REITs are structured as separate legal entities. The assets and liabilities of a REIT are kept on the balance sheet of the REIT itself, not the fund manager or REIT manager. This separation provides a degree of protection to investors. If the fund manager collapses, the assets of the REIT remain intact and separate from the fund manager's assets. The REIT's performance and value are tied to the underlying real estate assets and operations, not the financial health of the fund manager.
Additionally, in a REIT, your funds are asset backed, hence it's considered low risk.
Hi Susan. Very informative video. As a non Kenyan can I invest in real estate in Keynes?
Hi Susan. Please share details on Business name registration & Company name registration. Differences, under what circumstances do you choose to register business name or company & so forth. I hope you come across this text.
Thank you ❤
Thanks for the information, already gain knowledge,apart from nrb,is vuka in other places such as Nakuru or Eldoret?
Please could you comment on how Etica MMF operates
Go to their website you will get all the info you need.
It works in Kenya only or even other countries
That’s good breakdown. However, I personally tried to open an account with Vuka but they have so high charges that amounted upto 17% of your interest.
They have joining fee, annual fee, 3%on transactions, 15% withholding tax etc. They listed the charges I had to drop my application. Please educate people well if you mean well for them coz majority of many Kenyans don’t thoroughly investigate hidden charges.
Hi Mercy, we don't calculate Withholding tax how you have added it amounting to 17%. And the charges are not "hidden" because they are clearly stated on most investment websites. I do have a follow up video coming up that will answer and teach you how to calculate your net return, please stay tuned to learn how to do it.
Also, I do mean well. That is why I do what I do. Don't come for my ethics just because you don't fully understand something. We stay kind of this channel. 😊
@@susan.wanjiku_ I didnt mean to offend you or challenge your ethics. I meant to probe you to share more details with your listeners because I listened to a video & rushed to apply to vuka only that am inquisitive and when they reached out, I asked so many question which helped me learn about the 299 opening non-rfundable (depending with the category), the 3% on every transaction, the annual fee, and the withholding tax. I didn't mean withholding is hidden, but the other charges, unless one is inquisitive will never be mentioned publicly-its obvious for businesses. Small piece of advise-don't get provoked by your listeners comments to feel the need to justify yourself or defend your ethics-just be happy to respond or ingore. They're not meant to harm you but seekers yearn for more.😌
Does REITS really have compounding power as MMfs ?
Hello, yes they do when you choose to re-invest your earnings.
After registration what next@@vukainvestment3424
What's your experience with Vuka? How often is there dividend?
He coach Susan, what's the estimated percentage of dividend p.a that Vuka pays?
*Hey
This is quite informative, what would you say about Mansa x
Coach do a video on crypto currency
Hello, I do not teach or discuss Crypto at all. I am not an expert in that area.
Apart from Vuka, where else can I get REITs?
Hi thank you for the insightful video. Are there other REITs apart form Acorn Vuka? Or is this an advert for Vuka?
Check business page in gf dailies
Hello madam please , according to the investment that you always me ntion is its ub all countries like that
Hi coach Susan, could you kindly please share the link for joining vuka? Thankyou so much
The link is on the description.
Can we trust the trustees 100 percent to make decisions on our behalf,moreso when declaring the 80percent that members are supposed to share as dividents?
The minimum of distribution of 80% net income to security holders is actually a regulation.
Hi Susan, I'm from Ghana and would like to invest in Vuka. Can you help me out.
How do I invest?
Hey Suzan, thank you for this!
How possible is it for a foreigner to be specific a Ugandan to invest in such Ventures in Kenya!
Thank you.
Hi Susan where do I go to buy REIT
This has been very insightful,Asante Asana. However is this available to foreigners (people who are not Kenyans and don't live in Kenya)
Hello, kindly note that the investment is currently restricted to only Kenyans with Kenyan ID's and KRA PINs as we're regulated by the CMA.