Real Estate Articles

The first Housing estate in Nigeria was the Bodija Housing Estate, Ibadan. The Ibadan Housing Estate was birthed in 1959 when the regional government decided to increase the number of modern houses available in the city. The Estate was built on a 400-acre of land in the area known as Bodija. At the time, the location of what is now ...

Have you ever thought about how to become a millionaire in one year? Do you know that salary alone can no longer sustain you in the present Nigerian economy? Do you know that the real estate sector is where the rich hide their money? Do you want to learn the secret behind all this even if you do not have ...

Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time. You may even use it as a part of your overall strategy to begin building wealth However, you need to make sure you are ready to start investing in real estate. For one, you will ...

In the real estate investing business, real estate investors need to be familiar with the term Escrow to make the most out of an investment. If this term is new to you, then keep reading! In this article we would discuss what escrow means, how it works, escrow accounts, their uses in the real estate business, what influences escrows, and ...

With the fast rising cost of owning a house in Nigeria, you are probably on the lookout for an alternative low-cost house that helps you become a homeowner without drilling a gaping hole in your pocket. Architects have maintained that a growing population of people are opting for building their own homes as opposed to buying a property. This explains ...

In the real estate industry, Nigeria is experiencing rapid urbanization, with an estimated annual national population growth rate of just over 2% and an annual urban population growth rate of about 4%. The population is becoming more and more focused to the urban areas, towns and cities with just under 50% of the population living in urban areas — and ...

Social housing gives people a home. It’s cheaper to rent than privately rented housing and usually provides a long-term tenancy, giving renters the chance to put down roots. Social landlords tend to be councils or housing associations. The Nigeria National Housing Policy defines ‘Housing’ as the process of providing functional shelter in a proper setting in a neighborhood, supported by ...

As agents, helping clients find their dream home is about understanding what their needs are and making sure you do your best to meet or exceed them. While it’s common that buyers ask you questions, you should also be asking them questions to help you get a bigger picture of their needs. I know that sometimes the easiest path to selling ...

Small businesses and real estate investors are discovering that the new business landscape demands a ‘share or die’ mentality. However, when is it smart to participate in real estate collaboration efforts and when is it more beneficial to keep information to yourself? Several articles have been published on sharing and real estate collaboration. Recent developments in social media have made ...

Landlords don’t just collect rent checks. Successful landlords must understand the law, negotiate different personalities, and adapt to various problems that can pop up at any time. Here are six things every potential landlord should consider before taking a launch. Being a landlord is not a 9 to 5  job structure Landlords don’t punch time clocks and work regular hours. ...