Tag: Property Investment

Choosing Best Real Estate Rental App Developer
Real Estate

Choosing Best Real Estate Rental App Developer

The online real estate listing industries compete to provide more accurate availabilities and better search options for their clients. These benefits renters as more useful information become available with a tap of a finger. As real estate rental apps evolve, they are making it easier for people to find available apartments, providing people with financial information to potential homeowners, and allowing tenants to pay rent once a lease has been signed. Different types of real estate rental apps Real estate rental app developers provide different rental apps, and real estate agencies need to be aware of the form of the rental apps they require since they connect and communicate with their clients through rental apps. The correct type should be chosen, which may affect t...
5 Proof of Property Ownership Documents You Must Have
Real Estate

5 Proof of Property Ownership Documents You Must Have

Proof of property ownership document is a legal document that transfers ownership of a property from one individual (assignor) to another (assignee). The proof of property ownership document is the protection and control an individual has over a property. Thomas had inherited a house from his mother, which he lived in since he got married. He had no reason to buy land, let alone build a house because he was contented with his inheritance. When he turned 40, he decided he would like to give back to society by building an old people’s home in his hometown. Then, he had to buy land to build on. As someone who had no prior experience in buying properties, he was deceived by people who posed to have an expanse of land for sale. Alright, he was given a few documents, but not accur...
4 Best Office Property Investment Tips You Need to Know
Real Estate

4 Best Office Property Investment Tips You Need to Know

Office property is a building intended to generate a profit, either from capital gains or rental income. Office property investment is not just an investment you can barge into without putting some factors into consideration.  Things have been changing rapidly which has created a different dynamic of how things work. Few years back, it was easy to get away with mistakes made from property investment. But, in this new age, mistakes made in office property investment would hit and eat you hard for a very long time. While investing in office properties Office property is always assumed to be a very good investment for a newbie in property investment because it has the same features and benefits real estate brings. However, it doesn't work out like that. Office property i...
You Want to Buy Land in Ibadan: Consider these 10 Factors
Real Estate

You Want to Buy Land in Ibadan: Consider these 10 Factors

If you want to buy land in Ibadan and hoping not to encounter the same problem as Mr Ade bought a plot of land in a place in Ibadan called Aduloju village In 2001. Little did he know that the land spelt trouble for him. The first problem he encountered was some people coming to claim ownership. In the process of dragging the issue, he got to know that the person that sold the land was not supposed to and some of the documents being given were fake. He had to pay twice as much to the people that approached him just to retain the land. As if that was not enough, a few weeks after which construction had already started, soldiers from the barracks (cantonment was close to the area) laid claims to the land. Instead of having a peaceful conversation, they resorted to dehumanizing any si...
11 Types of Residency Visas for Entrepreneurs in Dubai
Travel

11 Types of Residency Visas for Entrepreneurs in Dubai

You will require a specific permit or visa to live and work in Dubai. You won't be able to open bank accounts, get a driver's licence, or apply for a tenancy contract without a relevant visa like a residency visa. Although a visit visa may allow you to obtain a temporary mobile phone SIM card and even open a non-resident bank account, it is preferable to apply for a residency visa rather than operating on a temporary visa when doing business in Dubai. Keep in mind that if you are on an employment visa and also run a business, you may be limited in what you can do with your side business. TVG Management Consultancy – Dubai Start-Up Advice Series This guide will provide you with detailed information on which residency visas are available to you and how to apply for them. There ...
Off Plan Property: 5 FAQs Before Buying Property
Real Estate

Off Plan Property: 5 FAQs Before Buying Property

Purchasing an off plan property is a good method to get a property for less than its true market worth, making it a fantastic investment option. However, it can be challenging to choose the ideal off plan property with so many possibilities on the market. How will you know if you are receiving the value for your money? The following simple questions in this article will assist you in selecting the greatest units, obtaining the best entry pricing, and obtaining guaranteed profits from off plan properties investment as an investor. Let’s start with knowing the meaning of off plan property. What Is The Definition of Off Plan Property? Buildings that are not yet finished are known as off plan properties. Purchasing a complex before the actual building is completed is known as an ...
Property Financing Options – 3 Things to Know
Finance

Property Financing Options – 3 Things to Know

We can help you find the perfect property financing options. Whether you are looking to build multiA 1-dwelling apartment complex or a skyscraper, we can help you find the most suitable property financing option for your needs. So if you are looking for commercial or industrial development, residential property development or subdividing land, we can help you find the right people who can help with your financial needs. Property financing for development is a type of loan that can help you build two separate properties on one title. Most bakers and lenders divide property financing into two parts for developers and both of these parts can have different approval processes and charges. The two parts are: Residential: Residential property development is considered small-scale d...
7 Types of Land Tenure Systems in Nigeria
Real Estate

7 Types of Land Tenure Systems in Nigeria

The land tenure system in Nigeria differs from the 36 states we have here across the country. An appropriate land tenure system serves as a foundation for economic growth and a source of investment incentives. It allows for secure land ownership and rights, as well as the involvement of vulnerable groups such as women and low-income earners, as well as the reduction of conflict. When land rights are insecure, it leads to conflict, instability, tribal conflicts, and gender inequality, as women are denied the right to own or inherit the land. In this article, we will explain the meaning of the Nigerian land tenure system as well as the major categories of land tenure and their characteristics. Details About Land Tenure System in Nigeria In Nigeria, the Land Tenure System is the...
Importance of Deed of Assignment when Buying Property
Real Estate

Importance of Deed of Assignment when Buying Property

Purchasing a home in Nigeria entails more than just making payments; you must have proof of ownership, just like any other related transaction. You must have the required paperwork like the deed of assignment for a property transfer because they are necessary for proving the seller's ownership interest. If you don't have these documents, you could end up in legal trouble with others or the authorities. This is why you must become acquainted with the many types of property documentation available in Nigeria. And such documents include; Certificate of Occupancy (C of O)Deed of AssignmentSurvey PlanGovernor’s Consent and others But in this article, we’ll get to know more about the document “Deed of Assignment”. What is a Deed of Assignment? A Deed of Assignment is a legal ins...
7 Tangible Assets You Should Try to Own
Lifestyle

7 Tangible Assets You Should Try to Own

Building wealth might feel like it's a lot harder than it should be. However, it's not as difficult as you think. Part of it could be that you haven't invested in the right tangible asset classes. Tangible assets are assets that have finite monetary value and they are usually physical in form. Tangible assets can typically always be transacted for some monetary value through the liquidity of different markets will vary. Tangible assets can also be current assets that may or may not have a physical onsite presence but will have a finite transaction value. Tangible assets are the opposite of intangible assets which have a theorized value rather than a transactional exchange value. Portfolio diversity is crucial whenever you're trying to build long-term wealth. Greater diversity prot...
7 Gold Investment Considerations and Safety
Finance

7 Gold Investment Considerations and Safety

Unlike many other portfolio assists, gold investment is considered one of the safest investment options by many investors. When there is the risk of a rise in inflation, many people flock to invest in gold for the benefit it provides against rising prices. But just like other investments, you also run the risk of making losses, therefore, you should do proper research before investing in gold. Whether you’re a beginner or seasoned investor, taking time to look into an asset before you decide to invest in it is a good strategy to avoid losses. Here are seven things to know before investing in gold. Don’t Put Your Eggs in One Basket First, before putting all your money in one asset, understand that it also can earn losses, just as much as it can make profits. With gold investm...
7 Ways To Reduce Real Estate Investment Risks In Lagos
Real Estate

7 Ways To Reduce Real Estate Investment Risks In Lagos

Risk is a long-term acquaintance in real estate investment and is one of the first factors to consider when assessing the sector's vulnerability. Without proper risk management, real estate investment risk can result in significant financial losses and provide investors with no return on investment, which is not a desirable outcome. It has proven to be a deterrent to many prospective property investors over the years, and it is a major contending issue currently hindering the sector. Fortunately, there are ways to reduce real estate investment risk, though eliminating it is nearly impossible. High profits and dividends are the most likely outcomes when it is kept to a minimum, and here are seven useful approaches for doing so effectively. Real estate investment risk analysis ...
4 Off Plan Buying Phases To Buy Properties Cheap
Finance

4 Off Plan Buying Phases To Buy Properties Cheap

Rising building material costs, Naira depreciation, and a low Return on Investment (ROI) are some of the factors influencing the high cost of a new home in Nigeria. Because of these unfavourable conditions, the real estate market has become expensive and unappealing to most investors. However, the introduction of the off plan buying strategy has ushered in a low-cost payment option in which developers sell off their apartments to real estate investors before they are finished. It is most common in major cities such as Lagos, Abuja, Ibadan, and Port Harcourt, where there are dozens of commercial and residential apartments. This investment plan has some appealing features, but what exactly is it all about, and are there any risks involved? If so, how does one go about doing so? ...
Why Property Management Is Important?
Real Estate

Why Property Management Is Important?

A professional and experienced property manager can bring value to your real estate investment in ways you cannot fathom. As a property owner, hiring a credible property management company is the smartest decision you will ever make. Still sceptical about hiring a local property management company? Then here are some perks and benefits of a property management company that may convince you otherwise. Keep reading till the end. You will get reliable tenants It is not easy to screen tenants, especially if you have no experience in the real estate market, the screening process can soon become a headache for you. Without the help of a reliable property management company, You may select an unreliable tenant. The issue with unreliable tenants is that they empty the property with g...
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