Welcome to the world of real estate, where dreams can transform into tangible wealth. Investing in real estate has long been regarded as a reliable path to financial success. In this blog post, we will uncover 10 captivating strategies that can guide you towards creating wealth through real estate. So let’s dive in and explore
A land lease involves leasing land for a long-term period to a tenant who then constructs a structure on that property. After the lease period, the land and all improvements the tenant makes return to the property owner. A land lease is a type of lease extension that gives the renter (or “lessee”) the option
Real Estate Titles are legal rights to ownership of a property including the right to sell. While most people confuse Deeds for Titles, they are entirely different and need to be understood differently. In Real Estate, titles refer to the evidence of a person’s rights to or ownership of land or landed property. It can
The term “Mortgage” is a very common word, not only in the world of realtors but also generally. Simply put, a mortgage is a loan provided by a mortgage lender or a bank that enables an individual to purchase a home or any other property. Mortgages allow you to pay for a house in installments.
In Nigeria today, very few people are familiar with short-let apartments. On the other hand, many people do not know the difference between a short-let and a hotel. Short-let or serviced apartments are fully furnished apartments available for short/long term stay or for business travelers. They are mainly studio apartment typically found in urban locations
A Certificate of Occupancy (C of O) is the land owner’s best friend. It is as fundamental as owning the key to your dream home. It is one of the most essential land documents in Nigeria as it is required by law that every house owner must possess one. Issued by the government, the C
Many Nigerians try to run from tenancy, especially those who reside in the same apartment as their landlords. The reason for this mindset is not far-fetched; people have had and heard of many displeasing experiences with trespassing and disturbing landlords alike. The reason for this apathy is as a result of the ignorance of some
All across Nigeria you’ll find houses of different forms, regardless of this fact, there is still a housing deficit of about 10 million in the country. As the most populous country in Africa as well as the economic capital of the continent, Nigeria has a very competitive real estate market. In an attempt to bridge
Real estate investments have evolved over the years and this has brought about new ways to diversify and make money via real estate investments. With increased ROIs and commitment springing up amongst the young and old, the real estate industry itself has become one of the top drivers of the Nigerian economy. Land flipping is
Smell is often called humans’ most powerful sense, and good (and bad) smells tell us a lot about the world: what we should eat, even whom we should kiss. When it comes to our homes, if a space smells fresh, that’s a great sign. If the smell is bad? We feel uneasy. But the secret
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