Property development can be a very exciting and challenging career choice and also a highly rewarding one if you play your cards right. Like any business, real estate development also has its risks. You can call them pitfalls of a property development if you prefer. However, the opportunity to make massive property development profits over...
Are you looking to get into real estate investing but don’t have the time or energy to manage a property? Passive real estate investing may be the perfect solution for you. Passive real estate investing is a great way to make money without actively managing a property. In this blog post, we’ll discuss the basics...
The process of designing and constructing a commercial or residential building does not just commence out rightly. There are many crucial factors and stages involved that will enable you to have the perfect or ideal building that fits your lifestyle. Below are the most important things that you must bear in mind if you want...
Research has shown that about 900 million people around the world live in slums, lacking access to adequate water and sanitation or adequate housing. It is estimated that 1.6 billion people, a fifth of the world’s population, would lack access to secure, adequate, and affordable housing by 2025. The United Nation’s statistics indicated that the...
Owning a home isn’t only an emotional experience. It’s also a financial decision that can pay dividends as you build up equity in your home and see your property value increase over time. The rate of this property value increase can depend on a number of different factors, including the community where your home is...
Nigeria is a country with almost 200 million occupants, and also due to the economic and political issues, it has had a negative impact on the real estate market. Inexperience: Some people will claim that they don’t have the knowledge to invest in real estate and manage it effectively, especially Nigerians in the diaspora who...
Statistics have shown that infrastructure represents about 50% of the construction cost for property developers. This indicates that good infrastructures are a key operator of where real estate investment millions go. Nigeria’s real estate sector posted a 3.85% growth in the second quarter of 2021, representing its highest growth in six years. This has been...
When it comes to owning a home or renting, there is always so much which is debated about. Both sides have valid reasons to which is better, so it can get a bit confusing. Renting is an agreement where a payment is made to the owner of the house (landlord) to reside for an agreed...
Owing to the growing population, the purchase of land in Nigeria has been in high demand. People aspire to own land in Nigeria, expatriates aspire to take a share of the lands to serve a commercial or residential purpose. With the growing demand for landed property, it’s a pity that only about 12% of land...
Real estate investments have existed for so many years but not everyone has tapped into this. There are so many financial potentials for investing in real estate. Imagine the benefits of investing in real estate, do you think you would be able to retire comfortably when the time comes? Real estate investing when done correctly,...
