How to spot a fake real estate agent
A penny for your thoughts, what comes to your mind when you first read the topic? Did you remember a time you or someone you know was scammed by a fake real estate agent? Let’s face it, some of us have fallen victim in one way or the other to real estate scams by persons…
Nigerian living abroad with no real estate in Lagos? Wake up!
If you’ve been and live out of the country for a relatively long while, or you are currently a Nigerian living abroad, it’s very understandable the apprehension you might have about investing in real estate back home here in Lagos. Matter of fact, many close themselves out of the most profitable, reliable investment known to…
House Hunting in the rain?
Real estate experts say that the rain season is a good time for house hunting and home buying for obvious practical reasons; the house flaws are made bare and visible for you to see. There is no particular season for home scouting, as most avoid the raining season mainly because it is not convenient and…
How to get a mortgage facility for your home
Figuring out the exact financial lapses that will stand out to lenders will strengthen your chances of loan approval. Trained to spot financial mismanagement, mortgage lenders take careful time to review your finances before approving or denying you for a home loan. The role of the lender in approving a loan is to make sure…
Why your work in real estate seems “not good enough”
Many have said, and there are no lies with the saying, that real estate entrepreneurs and business owners are set to live some of the most leisurely, time-flexible, purpose-driven, self-managed and financially rewarding lives, ever. We know for a fact that many real estate entrepreneurs could very well be on some island, with just a…
Investment in land vs Rental Income
Rental income! Rental income!! Rental income! The recent, incessant chant about this stream of income and investment option has become so loud, it’s almost deafening. As thunderous and defiant as Kanye chanting Jesus Walks!!! during his performance of this highly acclaimed song, or the chant of church goers reciting “Oluwa Gbami” (God save me) endlessly,…
Benefits of Purchasing Land
There’s a reason it’s called “real” estate. When you own the land, you have the foundation to dream, plan and build your new home when the time is right. Purchasing land is far more affordable compared to buying a property, particularly when you’re buying land now, to build on it later when you have a…
You already bought a home; you just don’t know it!
Believe it or yes, you already committed to owning your own home a long time alone, you already divested and invested your funds to buying a home, land or property. So congratulation 🎉 you just bought a home! (For some, they’ve bought several). Have you been living on your own from say 21 years of age,…
Rising Rents, Now Might Be the Time to Buy an Investment Property
This growing imbalance between the increasing population and demand for housing in Nigeria will continue to exert an upward increase in rental values. The Increasing rental prices are plaguing tenants in Nigeria, with political and economic worries keeping them from making smart financial decisions. Even so, smart investors are getting into the landlord game themselves,…
Acquiring Property Outside Your Country? AfCFTA and What It Could Mean for You!
The African Continental Free Trade Agreement (AfCFTA) is a trade agreement that was recently signed in Kigali, Rwanda on 21st March 2018, to boost intra-African trade and create a tariff-free continent that can grow local businesses, turn up development and create more jobs. One of the agreements was the Protocol on Free Movement of Persons…
To Sell Your House or To Rent it, Which is the Most Profitable Course?
It is quite likely that as a real estate investor, you have in your investment kitty quite a number of properties. If there ever comes a point in time where you’re contemplating which makes the most business sense, whether to sell outright one of your residential properties or to rent it out, then you’d find…
4 Reasons Why Urban Prime Is the Home for You!
Good neighborhood? Are the roads accessible? how far from work is it? What’s the nearest bus stop? Is there a school close by I can place my kids in? These are some of the important questions that plague our minds when choosing a home. Finding such a home that ticks all your boxes can prove…