Connect with us

News

Accelerating Property Investment Goals in Nigeria within 6 Months by Dennis Isong

Published

on

284 Views

Achieving property investment goals within a short time frame requires a strategic approach, especially in a dynamic market like Nigeria. This may sound unachievable but it is doable when you follow the guidelines below.

● What exact aspect of real estate do you want to invest in?

Begin by setting specific and realistic investment goals by clearly defining the type of property you want to invest in, the expected returns, and any constraints you may have. Having a well-defined plan will guide your actions and decisions throughout the process. List all the workings out to know what to do and not get stuck in the process.

● Are you familiar with the market before jumping into it?

If necessary, explore financing options and ensure your budget aligns with your financial capabilities.

Real Estate is not a business you can walk into , blindfolded. You have to understand the local real estate market is crucial and the determinant of what your investments will turn out to be. Research trends, property values, and emerging areas with growth potential. Identify areas where demand is high but supply may be limited, as this could present lucrative opportunities.

● Can you adequately finance it?

Evaluate your financial capacity and set a budget for your investment. Consider all associated costs, including property acquisition, legal fees, and potential renovations. If necessary, explore financing options and ensure your budget aligns with your financial capabilities. Then, set aside funds for miscellaneous or any unforeseen circumstances.

● Move with like-minded people.

Building a network within the real estate industry can open doors to valuable opportunities. Attend local property events, join online forums, and connect with professionals in the field. Collaborating with experienced individuals can provide insights and support for successful investments. Then, make use of social media platforms.

● Be aggressive (positively) in your approach.

You can’t be slow in response when it comes to real estate investment. Hesitation can lead to missed opportunities. Once you’ve identified a suitable property, act decisively. Be prepared to negotiate and finalize transactions promptly. Timeliness is often a key factor in securing the best deals.

● Know what you are investing in.

Before finalizing any property transaction, conduct thorough legal due diligence. Don’t invest in a property that will stress you out with little or no significant returns. Also, verify property titles, confirm ownership, and ensure there are no encumbrances. Engage legal professionals to guide you through the process and avoid potential legal pitfalls.

● Don’t be hesitant on improving property value.

If your goal involves improving property value, plan and execute renovations efficiently. Focus on upgrades that enhance appeal and functionality, ultimately increasing the property’s market value.

● Implement an effective marketing strategy.

If you intend to sell or lease the property quickly, implement an effective marketing strategy. Utilize online platforms, social media, and traditional advertising methods to reach potential buyers or tenants.

● Be intentional with your progress.

Regularly monitor the progress of your investments and be willing to adjust your strategy if needed. Stay informed about market changes and adapt your approach accordingly.

▪︎Dennis Isong is a TOP REALTOR IN LAGOS. He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

UNICEF Lauds Nigeria’s Remarkable Progress in Birth Registration (Photos)

Published

on

12 Views

ighlights 14 Million Children Registered in Two Years.

The United Nations Children’s Fund (UNICEF) has commended Nigeria for achieving a significant milestone in child rights, with 14 million children’s births officially registered over the past two years.

This surge represents impressive advancement in ensuring every child is counted and recognized through legal identity.

The announcement came during a courtesy visit by UNICEF Country Representative to Nigeria, Ms. Wafaa Saeed Abdelatef, to Senator Oluremi Tinubu, the First Lady of Nigeria, at the State House in Abuja.

Ms. Abdelatef praised the First Lady’s exemplary leadership in championing children’s issues and family welfare nationwide. She described the progress in birth registration as unprecedented in her experience across various countries.

“Birth registration is the first right of every child—to be counted and recognized,” she stated. “It is really impressive. I have served in many places, but I have not seen such progress in two years as we have witnessed here in Nigeria.

“She highlighted key enablers of this success, including the digitalization of the registration system at health facilities and community levels, as well as ongoing legislative efforts with a relevant bill before the National Assembly.

“Things don’t just happen like that; we scale with leadership,” she added, expressing gratitude for the First Lady’s role in driving this initiative and allowing UNICEF to celebrate this “fantastic leadership.

“The UNICEF representative also acknowledged the First Lady’s broader contributions, referencing her involvement in initiatives such as the national library and food bank launches, as well as commendations from African women leaders at the African Union for her continental impact.

She linked these efforts to Nigeria’s Renewed Hope Agenda, which she said is instilling hope for children and citizens alike.In response, Senator Oluremi Tinubu welcomed UNICEF’s recognition and reaffirmed her commitment to ensuring universal birth registration. “Every child counts,” she emphasized, noting that registration immediately after birth grants children nationality, legal identity, and access to essential services like health and education.

The First Lady described the news as a source of joy and a foundation for national development. “This is how nations develop,” she said. While celebrating the gains, she stressed the need for sustained efforts: “We are not there yet. We have to keep at it and make sure every child is counted.

“She pointed out that birth registration is just the starting point, extending to the issuance of birth certificates. Highlighting Nigeria’s lack of a recent census, she noted that starting with children would provide critical data on the child population to guide government planning and resource allocation.

Senator Tinubu also addressed persistent challenges, expressing concern over persistently high rates of tuberculosis, HIV/AIDS, and maternal and child mortality in Nigeria’s large population.

“These numbers are still high, and it is worrisome,” she said, while assuring that the administration is actively working to position the country for a better future.

She expressed appreciation for UNICEF’s longstanding support and reliable data, pledging continued collaboration in any area of mutual interest. “In any area you want us to collaborate, we are here,” she affirmed. “We want to thank UNICEF for the interest and the work you have done.

“This development underscores Nigeria’s ongoing push toward universal civil registration, aligning with global goals to provide legal identity for all children and support broader child rights and development objectives.

Continue Reading

News

Navy’s Chief of Operations, Rear Admiral Katagum dies in Egypt

Rear Admiral Katagum previously served as the Director, Naval Intelligence., he’s one time Deputy Defence Adviser, Paris, France and was at the Defence Headquarters before his recent appointment as Chief of Operations by the Chief of Naval Staff, Vice Admiral Idi Abass.

Published

on

By

16 Views

Photo: Rear Admiral Musa Katagun

Chief of Operations at Naval headquarters, Rear Admiral Musa Katagun is dead at a hospital in Egypt.

News of Rear Admiral Katagun’s death was confirmed by military sources on Thursday.

Katagum is said to have traveled to Egypt for follow up medical evaluation after undergoing an initial surgery in September last year.

Rear Admiral Katagum previously served as the Director, Naval Intelligence., he’s one time Deputy Defence Adviser, Paris, France and was at the Defence Headquarters before his recent appointment as Chief of Operations by the Chief of Naval Staff, Vice Admiral Idi Abass.

Continue Reading

News

Ondo monarch gunned down outside palace

The armed men were said to have attempted to kidnap him but he refused, resulting to being shot.

Published

on

By

33 Views

•Kehinde Jacob Faledon

Kehinde Jacob Faledon, the traditional ruler of Agamo Community in Akure North Local Government Area of Ondo State, has been shot dead.

Police Public Relations Officer in Ondo, Jimoh Abayomi, confirmed the incident, said that the monarch was killed after gunmen forced him out of the palace, on Wednesday night.

The armed men were said to have attempted to kidnap him but he refused, resulting to being shot.

“Information reached the division at about 7:50pm from a community leader, High Chief Ajewole Clement of New Town, Itaogbolu, that about six armed men stormed the residence of the monarch and forcibly took him away,” Abayomi said.

“The victim was subsequently found with gunshot injuries and was confirmed dead at the scene.

“The divisional police officer supported by tactical teams of the command, mobilised officers in collaboration with local hunters, Atuluse Security, and Amotekun operatives are combing the surrounding bushes and neighbouring communities.

Continue Reading

Trending