Land speculation, what if the best investment you ever made was one that you never built on? Wealth more often than not for most people is shrouded in a layer of rather mystical secrecy & energy. Most people when they hear about the Dangotes, the Otedolas and Adelekes of this world, it seems to them as if they belong to another world, have 2 heads perhaps even possibly bleed gold if they are...
What Is The Single Most Lucrative Real Estate Investment You Can Make In 2025? In September of last year I wrote an article titled, “The new goldmine? How to Make 100% More with Short Let Apartments in Lagos: A Guide for Real Estate Investors.” In my article I wrote on the lucrativity of short lets in Lagos over traditional rentals, and I went into a detailed guide on every single...
On the 28th day of February, 2024. Real estate developer, Ichechi Okonkwo, the CEO of Victoria Crest Homes, popularly known as _CEOofLagos, shared some price stats on her Instagram page showing the massive changes in the price of construction materials. If you remember, February was the height of the price inflation especially in the construction sector as the price of a bag of cement rose from about...
Explore international real estate opportunities, why invest in Nigeria when you could own properties in Dubai, Singapore, the U.S., or the U.K.? I was reading an article the other day by The Guardian, according to the article over 800 properties worth about $400 million in Dubai, United Arab Emirates have been traced to Politically Exposed Persons(PEPs) in Nigeria. A politically exposed Person is...
Nigeria economy, In June of 2015 the official exchange rate was $1/₦196.95. In June of last year it stood at $1/₦770.38. Am writing this article on the 15th day of June 2024 and the current exchange rate as I am writing this is 1 USD ⇛ ₦1,490.36. Let’s imagine that there is an alien that likes visiting Nigeria. It came in 2015 and exchange rate was just N195/$. It visited again in 2023 and it...
My dear investors, there are some things that appear to be common knowledge and common sense which upon closer examination turns out to be a costly mistake. In real estate one of those things is buying dry land. For 99% of real estate investors, nothing is a deal breaker when buying land more than to see even a puddle of water. “the land is waterlogged. I can’t buy it. I want a dry land. if it...
Epe used to be the best kept secret in the real estate industry. An investment jewel that was known only to a very select few savvy investors but that all changed about two years ago. When all the emerging real estate companies with their army of half baked realtors and agents entered Epe. Now am 100% sure that you have seen an ad or post on your Facebook or Instagram featuring one realtor...
Our children mean everything to us. They are our world. As far as we are concerned, the world starts and ends with them. It doesn’t matter how much they have grown over the years. It doesn’t matter how old they are at the moment, they are still our babies. We still remember how we held them when they were born. How tiny and vulnerable they were. We still remember our tears of joy. How we cradled...
Investing in real estate is so important that there is no room left for exaggeration but as Nigerians we rarely obsess or put much thought into investing our money somewhere. We prefer to ‘chop life’. To eat today’s resources, hoping that tomorrow will bring its own resources which will of course, be eaten again. Thus continues the cycle till one day, the cycle is abruptly broken. Maybe by...
Hmmm, Epe. This reminds me of a conversation I had yesterday. I was talking to a lady on the phone. She had reached out to me, wanted to acquire some lands so I hopped on a phone call with her. Understanding 5 key real estate development stages and mastering timing in your real estate investments. We discussed some properties we have at Ibeju-Lekki, she said the price was more than she budgeted. So...
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