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Tag Archives: investment

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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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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Developer commences one million homes initiative

houses

Lifepage Group says it plans to build one million houses for different classes of Nigerians between now and 2041. The Managing Director, Lifepage Group, Mr. Oladipupo Clement, said it was part of efforts to bridge the country’s housing deficit. At the inauguration of the group’s ‘Million Homes’ initiative, he said the project and real estate crowdfunding platform would allow subscribers ...

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Buhari wants bigger German investments in infrastructure, power

Buhari

President Muhammadu Buhari on Thursday told the German envoy that Nigeria looked forward to greater investments in infrastructure, especially power. Buhari, who spoke when he received Letter of Credence from the Ambassador of Germany, Birgitt Ory, at the State House, Abuja, said Nigerians ‘eagerly’ expected investments in the power sector that would illuminate their homes and stimulate businesses.  The president, ...

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Risks to Avoid When Using Leverage in Real Estate

Leverage is the use of various financial instruments or borrowed capital to purchase and/or increase the potential return of investment—the term is used on both Wall Street and in the Main Street real estate market. The easiest example for real estate is a mortgage, where you’re using your own money to leverage the purchase. In most cases, a 20% down ...

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How to Invest In Real Estate With Little or No Money

real estate

When you invest in residential real estate, you are getting more than a home or a piece of land upon which to build a home. Real estate investment has become a popular way for people to make money, and it is not uncommon to buy a house or land without any intention of living there. Some people simply buy and ...

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Manufacturers urge FG to fix infrastructure

Manufacturers

Manufacturers in the real sector have urged government across all levels to improve the quality of infrastructure in the industrial areas. The operators in a chat with our correspondent argued that the industrial sector depends heavily on constant power for production and good road network to facilitate logistics, stressing that all of these issues affect competitiveness of the real sector. ...

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Experts seek increased investment in real estate

investment

Housing specialists have advised stakeholders to improve investment in the sector to mitigate existing deficits and create more affordable homes for Nigerians. They spoke at the 2018 end of year programme organised by Brit Property Nigeria Limited in Lagos. According to them, investment in Real Estate gives good returns than other investment instruments in the country. The Chief Executive Officer, ...

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