Charting

VARIOUS STATUS A LAND CAN HAVE

When a SEARCH is conducted, it usually comes back with one of these THREE(3) verdicts

•FREE from all known forms of government acquisition
•Acquired (but not committed)
•Committed (Acquired and committed)

Why Do Real Estate

After graduating what most of us want to do is start working for money. We start the job, we borrow money for transportation ( to and fro our office), we buy lunch and take care of other needs and before we knew it, the whole money is gone only to start longing for another pay day. Worst still, some of us procure items such as wears, foodstuff, and other necessity on credit having exhausted the take home. The routine continues like this year in year out. This is the sole reason some of our parents could not break the cycle of poverty. The fact is the salary which is fondly called  *take home package* can not take them home and still they need to reproduce. This means that their liability increases as their age increases. But is there a way out?    My candid answer is Yes

To break the yoke of poverty you have to do what successful people are doing. What are they doing? They don't work for money, they make money work for them.  One of ways to make money work for you is through real estate. In any angle you look at real estate investment, it is positive, sweet, interesting and rewarding. Before I go further look at this.


*Real Estate is sweet*
*my father bought a Pasat car for #17000 while his friend Mr Balogun bought a plot of land in Surulere. Now the car is rotten at our back yard infested by rodent, spider and other insects; it is valued at 0.00 Naira. On the other hand the property at Surulere is valued at 50million. Imagine, that's your property which you bought for 17,000 naira some years back. That's why I dare say real estate is sweet. Your car is not an investment, my dear its just another liability that will make you poorer, reduce your networth. While the rich know this fact, the poor pretend to know.

*Real estate is rewarding*
It's painful to invest in land particularly. The reason being that you are not deriving the immediate pleasure you would have derived if you had bought a new car. Therefore you are.   feeling like it just 'bush'; it's too far". And as a result you are discouraged.  Never willing to  make  payment for the land. But let me tell you today, if you can just key in to the proposal of people with foresight then you will reap a bountiful reward tomorrow. Mr Balogun whose story I chipped in is way richer than my dad now. But about 30years ago, we were on the same level on the social status ladder. The reason for this is not far fetched. He did what rich men do, my dad simply did what poor men will do. That's the hard fact.

*Real estate is interesting*
The most fascinating thing about real estate is that it grows your networth exponentially. Think about this. If you invest your money in operating a business, you are sure to incur running expenses. These expenses are reccurent and they eat deep into your profit. But if you sell real estate, no running expenses that is reccurent. They are just one off. That's why when you check the profile of billionaires, you will see that they put their hands in real estate.
Without much stories, I believe you want to have a brighter rewarding future, you are guaranteed that in real estate.
Buy land; invest in property
Buy house; invest in areal estate.
Mr PROPERTY says so

If You Want To Be Rich, Don't Save

Some feel that saving money in the bank is a good strategy to building wealth. Though it is very good to save, it is not a good wealth building strategy. The poor save in the bank, the rich take the money and invest in real estate. The gains of real estate investment far outweighs that of saving in the bank for the following reasons.

1. Currency always diminish in value while real estate appreciates: The 

purchasing power of money continually diminishes. The things One million naira could buy five years ago are not the same things it can buy today as the prices of goods have gone up.

However, real estate always appreciates. If you buy a plot of land in a good location, take effective possession and perfect necessary documentation today, in five years time, you can sell it for double (or even triple) the price you bought it.

2. Return on

savings is infinitesimal while returns on real estate investments are huge: When you save your money in the bank or do a fixed deposit, your returns on investment are usually single digit per annum. I remembered when I use to do fixed deposit. I get meagre percentage like 7%. This is laughable.

Conversely, based on the rate of development in the area you purchase your landed property or building, the return on investment are often huge.

If you buy a house for example and let it out to tenants, between a decade to two, you will have recovered your investment and you will continue to make profit for the rest of your life.

3. Your money in the bank simply makes the banker richer while your money in real estate makes you richer: If you save money in the bank, the money will be used by bankers to give loans to customers and you will be paid an interest. The difference between the interest given by the customer who loans your money and the amount given to you is taken by the bank. Thus making the banker richer.

On the other hand, when you invest in real estate, the difference between the price you bought the property and the price you are selling it is taken completely by you. Thus making you richer.

4. Expenses always arise to deplete your savings but your property is always there appreciating in value: When you have money saved in the bank, no matter how disciplined you are, there will always be expenses that will arise to deplete the savings.

When you invest such funds into real estate, your cash is tied into an investment that will be appreciating in value no matter how lose you are with the remaining cash in your possession.

5. None of the rich ascribe their success in gathering wealth to saving but most of them have impressive property portfolios: Of all the wealthy individuals in the world, I do not know of anyone whose wealth strategy was saving in the bank.

However, a cursory look at the wealthiest individuals in the world, in Africa and even in Nigeria show that property investment is the preferred wealth building option.

Therefore, if you desire your money to appreciate with high return on investment which makes you richer and among the wealthy men in the world, consider investing in real estate. If you desire someone to talk to on how to get started, simply call
MR PROPERTY
+2348025354094

....integrity is key as I look forward to a long lasting relationship.

DUE DILIGENCE IS KEY

The popular parlance is investigate before you invest. So how to you carry out your investigation. What and what do you check? I have compiled this for you as a guide to asking the right questions before you make an investment in real estate. If you do your due diligence, you are sure of making the right decision. And eventually you get good value for your money.

10  THINGS  TO  CHECK  BEFORE  BUYING LAND IN   LAGOS  AND  OTHER  PART  OF  NIGERIA.

1. LOCATION: Location is the number one thing to    consider when buying a Land in Lagos .The location will determine what value the land will be in the future because a land in a developed area will cost more than a land in a developing area . The land in a developing area is always cheaper now ,but after some years it will be very expensive.

2. LANDMARK AND NEIGHBORHOOD
You need to check who are going to be your neighbors before buying a land . A lot of people make this mistake before buying land . The landmark in that neighborhood are the key to how fast an area will develop and the value the land will appreciate to.

3. ENVIRONMENT
Checking the environment will help to know the land you want to use for housing purpose is safe to live around , as you don't want to live in a polluted environment.

4. ACCESSIBILITY
While buying a land always check the accessibility of the land to the main road .

5. SECURITY
You need to know how secure the area you are planning to buy a land is before buying land there. Also check if the community itself has a way of tackling challenges.

6. ZONING RESTRICTIONS
It is important to know the zoning permits of the area you are trying to buy land from as this will help you to know what government plan for that area is . You will not bet allow to build a factory where Government has already mark for residential.

7. SOIL QUALITY AND COMPOSITION
Soil composition will determine how you will build your new house .This will tell you the additional money you need to spend on the land when the time comes .

8. SIZE OF THE LAND
You need to also check to know if the size of the land corresponds what the owner said it is. The only way to do this is to get a surveyor who will come  and survey the land and get the actual measurement.

9. LEGAL DOCUMENT
After you have checked the above list , the next thing to check is the legal documents that the land has, by this I also mean the title of the land . The main document to check for is the Survey plan, Deed of assignment, Excision and Gazette .

10. PRICE OF THE LAND
I decided to leave this till you have checked to confirm other things I have listed above first as they will determine what the price of the land should be. For example land without any title can never be priced the same as land with C of O. Because each of this title cost money to get .Therefore, the owner will definitely add these expenses to the cost of the Land  .

For more information, please contact:08025354094

Hot cake of real estate is IBEJU LEKKI

In the 90's it was Lekki. A plot then sold for 50000 naira. Those who took the risk and invested in the then Maroko, are now Multimilllionaire or billionaires. I met an elderly man who told me his story. See below.

I was given a plot in Lekki on a platter. They asked me to invest in landed property in Maroko, which is now known as Lekki

They asked me for #50,000. Then I could afford to buy ten, if I would not exaggerate. But I already had a house of my own so I felt I did not need a house anymore. Besides I did not want to live in Maroko.

But my poor decision became dawn on me when my office needed a piece of land in Lekki and I was to seal the deal two years ago. That parcel of land cost whopping 80million naira. I was nonplussed. That was when I remember about 10yeras ago when they practically were begging me to buy land then.....

That's is the story of my client. He blamed himself . I don't want to suffer a similar fate. Even though you already live in a house of your own, it is not an excuse for failing to invest in this hot cake of real estate- IBEJU LEKKI

The man bought the property in Ibeju Lekki not only because he saw the huge return he would have made if he had bought the Maroko but also the huge government and private investment that are coming Establishment in the coastal area.

THE INTERNATIONAL AIRPORT

this is going to be an ultramodern airport which is going to generate the influx of people of high timber and calibre. If you don't want to live in this area, you can construct a hotel to lodge foreign expatriates. You can have eatery, motel, garage, event centres, recreational facilities, or even lease the property to courier service or bureau de change. The business opportunities are limitless.

THE LEKKI DEEP SEAPORT

Wherever there is a seaport, you should expect that there are warehouse around, either government or private owned. Another business that can be a multiplier effect is hotels, cuisine, and so on.

DANGOTE REFINERY

Wow! If you don't want to invest for any reason, you can invest only because of Dangote Refinery. This is a facility that will provide employment for about 5,000 workers. Think about that... Where are these professional going to live? They will prefer to live in the neighborhood. Such that within 30 minutes they will be in there work place. They don't need only houses, they need shopping mall, recreational facilities, eatery, event centres, schools, mosques, churches, ball, car wash services, cinemas. These are areas where you can look into if you personally do not like to reside in such a fanciful environment.