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Real Estate: How To Prevent Losing Money: The Definitive Guide

There are seven options for an individual to get on the real estate investment ladder. These options are;

Inheritance
Gift
Buy options: outright buy with cash, buying through mortgage loans, joint ownership, co-ownership, joint tenancy, and exchange through barter.
Transfer through Marriage
Rent/Lease
Takeover (acquiescence, Government acquisition, adverse possession, squatting, and laches)
Taking over a place where accretion, reliction or alluvium has occured.

This article will focus on the most popular and common option to real estate entry which is the buy option. The buy option is […]

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Real Estate: A universal convertible survival tool. Do you agree?

Abraham Maslow’s hierarchy divides human needs into three (3) broad categories. The basic needs category describes safety and physiological needs such as food, water, and rest. The second category describes our need for esteem, love and belonging. These are psychological needs. The final category describes self-fulfilment and self-actualization needs.
I like to think that human needs as presented in these three broad categories are first emotional. Remember that saying about a hungry man being an angry man. Even food trigger […]

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Before you go to inspect a greenfield (virgin) land, study these 10 nuggets. They’ll help you avoid regrets.

In the game of football, players are expected to keep fit and in top performance level through a sports season or through the lifetime of a player’s career. This expectation also holds true in real estate. An investor is required to keep updating knowledge for a high investment profitability fitness score as often as possible.
An investor achieves high profitability score in real estate by saving money, preventing loses or future stress. In some countries, among the options available to […]

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How crisis affects real estate and what investors can do

A crisis, such as our world is facing now, will cause certain demography to realize the importance of having their own space either through rent or ownership such that by the time the economy revives and stabilizes, there will be an increased demand for residential real estate as people would require bigger or smaller spaces to adjust to current realities.

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Culture and Real Estate Joint Venture Partnership

Culture describes the ‘way of life’ of groups of people. It is the way they do things. Whereas genes are inherited culture is learnt. Culture is reflected in people’s writing, religion, music, clothes, cooking, what they do and how they do it. Different groups may have different cultures.
The concept of culture is very complicated. The word ‘culture’ has many meanings and finds its most common use in three ways:

The excellence of taste in the fine arts and humanities, also known as high culture.
An integrated pattern of human […]

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Photo by Tima Miroshnichenko from Pexels

OFF-PLAN REAL ESTATE: 5 IMPORTANT THINGS TO NOTE BEFORE BUYING

In recent times, buying properties off-plan have become one of the most profitable options for real estate investors. A cheaper option for homebuyers in Nigeria. Although, it takes a lot of gut and effort to buy properties off-plan. It also takes a lot of courage and can-do for a developer to embark on the journey of creating homes from thin air.
Off-plan property purchase means that you are buying into the concept and design of the development with hopes that […]

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HOW TO OWN YOUR HOME IN 5 YEARS WITHOUT A MORTGAGE

Home ownership is usually top on the list of all the reasons why people want to invest in real estate, globally. Real estate is in no doubt an indispensable tool designed for the support and sustenance of human life. It is also a tool created for mankind to express creativity, desires, and ambition. When the Coronavirus pandemic spread across nations, governments were forced to give shelter-in-place orders, causing us all to stay in our homes for months. This shows […]

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Why you need to protect yourself as a taxpayer and investor.

Isn’t it appalling that a few people will obtain huge loans, default and then tax payer’s money will be used to off-set such loans?

AMCON has been on a voracious debt recovery assignment in the past few months. I became worried for AMCON because most assets recovered are pieces of real estate (landed property, machinery and buildings). How would they manage or convert to liquidity? I was also worried knowing that there is so much anomaly in Nigeria’s real estate […]

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Methuselah won the competition

I began investing in real estate as a novice despite family involvement in different forms of real estate. Taking people and investments on face value — believing every detail without thinking about it very much in addition to a large dose of normalcy bias.Looking back now to the starting point, I marvel at such stupidity. The stupidity over a protracted period of almost 4 years. Thankfully, Methuselah won the competition over my stupidity. I gladly lost to 969 years.


Real […]

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Will your real estate business survive the pandemic?

What aspects of the real estate sector an investor should
invest in, or not invest in, during and post-COVID-19 remains an ongoing
conversation. It is still believed to be unclear what the new reality of the
pandemic will be to economies around the world. Most focused on, are aspects of
real estate that meet the essential human needs such as shelter, food, health,
mobility, logistics, storage and security. It is believed that in short to
mid-term periods, hospitality, education, events and commercial real estate may
take […]

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