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  In life, human needs are never thought, they are usually realized over time, a child is never thought she or he needs air to breathe or food to eat, the hunger for both comes naturally, same way over time young adults, the need to make or earn a living comes up, for many especially those who plan to one day have a family or already have one, there is going to be a desperate need for shelter, that is owning a house. The problem with satisfying this need is the fact that not many understand how this need is exactly met, why? Simply because there is a huge veil of ignorance blinding many, this veil is what makes many weigh their personal wants over their need when it comes to owning a house; this is why I felt the need to write on owning your first house. The basic truth no one tells you, is that there is a huge difference between your first house and your dream house, a lot of people think they are the same, hence why you can find a 40 year old with an averagely good job but yet ...

  The word “affordable” is one of the most abused words in the African real estate market, one would expect for something to be inexpensive or at least have a reasonable price when tagged as affordable, but a complete reverse is usually the case. This is what has set the grounds for this topic, as we will be carefully looking at the concept of affordable housing in relation to Nigeria’s five income classes, Yes five, these five classes can later be categorized into 3 classes, they are; Low income class, with an annual income of #480k and below Lower middle income class, an annual income from #480k to #6m Upper middle income class, an annual income from #6m to #12m Upper income class, an annual income from #12m to #120m Elite income class, with an annual income from #120m and above These 5 classes as you guessed it can further be categorized into 3;   Low income class, which comprises of a staggering 80 million of Nigeria’s 200 million citizens, that is 40% of the total...

Quickly now, we will be looking at the socialist idea behind the feasibility of long term mortgages in Nigeria, using the United states of America as a short case study. Let us note that we will not be going into too many serious details, but simply exploring the idea and its possibility in a country like Nigeria. Firstly we must notes for those who are not aware, that there have at different points in the history of Nigeria, been long term mortgages available to the public, but the obvious infestation of vested interests did not make it a successful venture for real estate investors. A mortgage is simply a legal agreement where a bank or entity lends money, product or services at an interest rate, while holding on to an ownership title or deed of a property or asset, be it a physical or intellectual asset. In general real estate practice, it is a process by which a bank or authorized real estate body/society lends money to approved individuals, to make a real estate property availab...

Quickly, now have you ever wondered what the risk levels are on different businesses?, well say no more, the following outline shows the average success rate on percentage in Africa, for different common businesses you can potentially put your money, time, and intangible assets into; ·          Farming – 40% success rate ·          Tech – 20% ·          Importation – 35% ·          Domestic retail – 50% ·          Mining – 20% ·          Company shares – 30% ·          Oil related services – 15% ·          Real estate – 95% ·          Entertainment – 2% ·          Cosmetic r...

How muc h do real estate investments make?, as long as this question is not properly answered, a lot of potential investors will continue to remain reluctant, but truthfully how much do real estate investments make? Well it generally depends on 3 major categories of investments, they are; ·          Land and property hoarding ·          Property development, and the most popular category ·          Property ownership These 3 categories are generally the most common and easily accessible type of real estate investments around. The first category has been known to set organizations, people and families up for a large payday, when a land or property has been properly hoarded for the right amount of time and market demand, the land or property can go up to a 10 times the value or more, this is usually after 7-8 years at least depending on the location. The second i...

I have seen and heard people tell their stories about how they missed their opportunity to invest in real estate, but the truth is the same way there will never be a better time to succeed than when you have just tasted a defeat, there has never being a better time start to investment in real estate, if not for you, but for your children. The country’s economy is currently trying its best to recover from a recession, and coupled with the pandemic outbreak, things and circumstances have not being more perfect to invest in the real estate sector, as it is always the first to go and last to come back in a recession and recovery. Do not be fooled, there is no such thing as a perfect time to buy land and property, only procrastinators say that, there is also no such thing has waiting for a place to be discovered or grow, the moment a place is “publicly” put on sale, it means, it has been discovered and it will grow at least 5-10 times in value within the following 10 years; that is from the...

Finally now, The beauty of this investment option is firstly it can have the highest returns and the lowest returns almost going into the negative, it can be the most flexible and the least flexible, it can also have the heaviest development to the smallest development involved, it can be one of the easiest but not necessarily the hardest when it comes to maintenance and management. Probably the only good thing about it is it has the longest viability term depending on personal interest and choice. This option is advisably only open to existing land owners of any plot size in a 3-5 star location, a 4-5 star location can get a 50% to 100% annual return, while a 3 star location will get a 30% to 75% annual return, the larger the plot size the better your return. If you do not own any land, it is advisable you do not bother with this option, because your returns might be almost negative. If you are in need of help or want to make some inquiries, feel free to send a direct message or p...