PREMIUM I earn Sh40,000, how do I become a homeowner in eight years? Life & Style 17 min ago Listen
Your current income leaves you with very little room to accumulate the kind of capital required to purchase a 100 by 100 plot, construct rental units and eventually build your own home within the next eight years.
Years 6–8: Build the rental units first, allow them to begin generating income and then construct your own home.
Before asking whether your plan is realistic, it is important to assess whether your current financial position can support it and, if not, what needs to change over the next eight years.
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