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Is Real Estate a Good Investment?

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 ...

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THE MAGIC OF ESCROW IN REAL ESTATE INVESTMENT

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 ...

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Easy Guide to Building a Low-Cost House in Nigeria

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 ...

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Ten major issues affecting Real Estate Industry in Nigeria

Real Estate Industry

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 ...

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What are the importance of social housing?

social housing

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 ...

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Questions Every Agent Must Ask Their Clients

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 ...

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Real Estate Collaboration: Sharing Versus Keeping the Edge

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 ...

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What does it take to become a Landlord?

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. ...

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7 Important Reasons Why You Should Invest In Real Estate

In a bid to attain financial stability, many go about searching for proper investments with their income. Real estate is one of the most robust investment options, especially in the long run. Highlighted below are 7 important reasons why you should take advantage of this robust investment option and invest in real estate. It’s as Safe as Houses  “Safe as ...

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All you need to know about National housing fund scheme

National housing fund

NREH was in an interview with Mr. Odukwe Emmanuel, the head of mortgage banking services at Citicode mortgage Nigeria. This interview addresses the things you need to know about the National Housing fund scheme. Things like the criteria needed, those that are eligible to apply, frequently asked questions and how long it takes to process. Mr. Odukwe: Criticode is one ...

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