Many prospective property investors are becoming wary of the gale of promotions for off-plan sales characterised by incentives for buyers of new homes. The concept has gone more radical recently, with the private developers offering mouth-watering discounts, installment payments and dangling other attractions to buyers. The traditional marketing ploys include the use of glossy and beautiful brochures and advertising to ...
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Estate Developers halting construction activities as 2019 Elections draws near
According to an online report, real estate developers in Nigeria have begun halting construction activities as anxiety and uncertainly about the coming 2019 general elections continues to build. Although, the Nigerian real estate market has been less influenced by political-spending but more by the general economic standing of the country and people, the recent incident where an incumbent governor was ...
Read More »6 Must-Read Real Estate Books For Investors in 2018
The importance of personal development by reading content-rich real estate books cannot be overstated, especially if you are an investor and your money is at stake. An investment in oneself, they say, is the best form of investment you will ever find. It’s the secret to separating yourself from the pack, the bridge that carries you toward the goals you ...
Read More »LASG dithers on preferred bidders for 4th Mainland bridge
It appears the Lagos State Government is struggling to secure investors’ buy-in for the development of the much anticipated 4th Mainland Bridge, as the government has failed to name the preferred bidder for the project contrary to its promise to do so by June 2018 which has just ended. The state had assured in April this year that it would ...
Read More »Dangote, Larfarge cement, looking up to investors for growth
Dangote Cement Plc and Lafarge Africa Plc are said to be looking up to investors to help raise capital that will enable the companies to take advantage of proposed infrastructural budgets in Sub-Saharan African countries, including Nigeria. This, they hope, will ensure growth in the sector and overall economic development. Recall that the Nigerian Government had earlier this month passed ...
Read More »Use These Investment Strategies With Risks And Returns
Are you an investor, or just setting out as one? Good news! There are some investment strategies you can use with returns. This article focuses on the risks and returns in Real estate business Below are four defined categories of property investment based on their respective levels of risk and return. Knowing these four types of investment ...
Read More »Buy Now Pay Later: Who Can Be Trusted?
This is the second part of the “Buy Now Pay Later” Series. Remember we are still discussing THE DYNAMICS OF LANDED PROPERETIES WITH FLEXIBLE PAYMENT OPTIONS. Last time, we discussed the reason it seems many real estate companies are in the business of “Buy Now Pay Later”. If you missed it, you can read it here. Today, I shall be ...
Read More »Why You Shouldn’t Rush Into Investing In an Undervalued House
The best possible scenario for a real estate investor is to find a undervalued house to be able to then turn around and sell it for a profit. Obviously, this can be a difficult prospect as real estate markets becoming increasingly clogged with willing investors, but what happens when you do find a possible target? How do you evaluate its ...
Read More »Owning A Rental Property: The Pros and Cons
Pros and cons of owning a rental property in layman’s language simply means the favourable and unfavourable factors of owning a rental property. This article sheds more light on what ordinarily should be a worthy venture When I was an undergraduate schooling in Benin, my first overtures away from the school hostel opened my eyes to the profitability of residential ...
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