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HOW YOUR PROPERTY PORTFOLIO SHOULD LOOK LIKE IN 2024 BY DENNIS ISONG

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Today, we’re delving into the realm of real estate, specifically focusing on how your property portfolio should shape up in 2024.

Whether you’re a seasoned investor with a track record spanning five, ten, or just a couple of years, or if you’ve taken your initial steps into investing this year, this discussion is tailored to guide you through the nuances of crafting a property portfolio that aligns with the opportunities and challenges that the year 2024 holds.

It’s a practical example designed to offer insights regardless of your level of experience in the real estate journey. So, let’s embark on this insightful exploration together.

  1. CASH FLOW REAL ESTATE

Real estate is like having money-making machines. You buy properties and they make you money regularly. There are three main ways they do this:

• Rental Income:You can own a house or apartment and let someone else live there. They pay you rent every month, and that’s your income.

• Short-Term Rentals:If you own a place in a cool location, you can rent it out for a short period, like a vacation home. People pay good money for short stays.

Equity-Based Returns: This is like having a share in a property. Even if you don’t own the whole thing, you still get a piece of the profit.

It’s like having different money streams – some from homes, some from businesses, and even some from farms.

If you own a place in a cool location, you can rent it out for a short period, like a vacation home. People pay good money for short stays.

2. LAND BANKING:

Imagine buying land like planting seeds for the future. Here’s how:

• High-Yield: Some lands grow in value super fast. You buy low, and before you know it, it’s worth a lot more. Quick and exciting!

• Joint Venture (JV): Team up with others to make something big. You have the land, they have the skills to build. Everyone wins.

• Short-Flip:Buy land, hold it for a bit, and then sell it quickly for a profit. It’s like the fast lane of land investing.

It’s like being a smart farmer – planting seeds in different fields, each with its own strategy.

3.STRATEGIC POSITIONING

Think of real estate like playing a game of chess. You want to position your pieces (properties) in the right places:

• High-End Zone: It’s like the VIP area. People pay big money to live or do business there. Eg Ikoyi

• Student Zones: Where there are students, there’s always a need for housing. Universities and colleges are like gold mines for real estate.

• Business Areas: If there are offices and companies, there’s a need for commercial spaces. Invest where the businesses are.

• Upcoming Regions:Like predicting the next big thing. If you can spot an area on the rise, investing there can bring huge returns eg epe ,ibeju lekki

It’s like placing your chess pieces wisely on the board to win the game.

Let’s talk about addition tips that will help you;

PORTFOLIO MANAGEMENT:
Managing your real estate portfolio is like taking care of a garden:

• Check Your Plants (Current Investments): See how your properties are doing. Are they growing well or need attention?

• Balance Your Garden (Real Estate Types): Like having a mix of flowers, veggies, and fruits. Balance different types of real estate for the best results.

• Get Professional Gardeners (Portfolio Managers): Sometimes, you need experts to help your garden flourish. Similarly, professionals can manage your portfolio for better outcomes.

It’s like having a beautiful garden that keeps growing and blooming.

LONG-TERM PLANNING:
Planning your real estate journey is like mapping out a trip:
• Careful Analysis: Study the map and plan your route. Similarly, analyze your options and plan your investments.

• Consider Different Stops (Cash Flow, Land, Positioning): Like planning where to rest and refuel, think about your cash flow, land investments, and where you position your properties.

• Create a Roadmap:Plan for the long term, just like planning a road trip. Know where you want to go and how to get there.

It’s like having a well-thought-out plan, ensuring a smooth and successful journey in real estate.

So, as we wrap up our chat about building your property portfolio for 2024, remember, it’s like creating a map for your real estate journey. Whether you’ve been in the game for a while or you’re just starting out, the key is to mix things up – a bit of renting here, a piece of land there, and maybe even a joint venture.

Don’t forget to position your properties wisely, like chess pieces on a board.

Taking a closer look at your existing investments and balancing them out can lead to a portfolio that’s not just strong but also ready for whatever the real estate world throws your way.

Planning for the long term is like setting out on a road trip with a well-thought-out map – it may take time, but it’s worth it.

So, let’s get out there and turn those property dreams into reality. Unlock the door to your success in real estate – the keys are in your hands.

Happy investing!

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

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FG Jails Ex-minister Mamman 75 years for N33.8bn fraud

Furthermore, the court ordered the forfeiture of various foreign currencies that were recovered from the convict, as well as four choice property in Abuja that were traced to him.

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Former Minister of Power, Saleh Mamman, has been sentenced to 75 years in prison for having stole public funds totalling about ₦33.8 billion.

Mamman was sentenced on Wednesday, 13 May, 2026, by the Federal High Court sitting in Abuja.

The court, in the judgment delivered by Justice James Omotosho, convicted and sentenced him on all 12 counts of fraud and money laundering charges preferred against him by the Economic and Financial Crimes Commission (EFCC).

Whereas he was handed seven years each on 10 counts of the charge, the court jailed him for three years and two years on counts four and five of the charge.

Justice Omotosho held that the sentence should run consecutively without the option of fine except on count four which he allowed the payment of N10 million fine.

Furthermore, the court ordered the forfeiture of various foreign currencies that were recovered from the convict, as well as four choice property in Abuja that were traced to him.

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Senator Oluremi Tinubu Flags Off Menstrual Hygiene Campaign in Benue

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..….Urges support for girl child

The wife of the President of Nigeria and Founder of the Renewed Hope Initiative, Oluremi Tinubu, has launched the “Flow with Confidence” Menstrual Hygiene Campaign Programme in Benue State, with a call for collective action towards empowering school girls through proper menstrual hygiene management and access to sanitary products.

The programme, held at the Old Banquet Hall, Government House Makurdi, was organised under the Renewed Hope Initiative with the theme, “Empowering School Girls through Menstrual Hygiene.”

In her address, delivered by the Benue State Coordinator, Office of the First Lady and Renewed Hope Initiative State Coordinator, Scholastica Ben-Sor, Senator Oluremi Tinubu said no girl should be forced to miss school because she cannot afford sanitary pads.

The First Lady described the situation where girls resort to unsafe alternatives or stay away from school during menstruation as unacceptable, especially in rural communities, stressing that the intervention was designed to restore dignity, confidence and educational continuity for young girls across the country.

She disclosed that the Renewed Hope Initiative would distribute one-year supplies of disposable sanitary pads to 370,000 school girls in rural communities nationwide, with each state and the Federal Capital Territory receiving 10,000 packs for distribution through State First Ladies and RHI Coordinators.

According to her, the initiative is aimed at supporting girls who are unable to afford sanitary products, while also promoting proper reproductive health and hygiene.

Senator Tinubu revealed that the Renewed Hope Initiative expended over N2.5 billion in procuring the customised disposable sanitary pads from a local manufacturing company, Uniglory Nigeria Limited, Ikorodu, Lagos State, and appealed to corporate organisations, agencies and well-meaning Nigerians to support the programme.

She urged Local Government Chairmen and their wives to take ownership of the intervention and ensure that the sanitary pads reach deserving girls in rural communities, warning that the items must not be sold under any circumstance.

The First Lady also called on traditional, religious and community leaders to monitor the distribution process and support efforts aimed at helping girls grow into responsible and informed adults.

Addressing the beneficiaries, she encouraged the girls to remain focused on their education, support one another and never allow stigma associated with menstruation to diminish their confidence.
“I believe in you because you are the future of this nation,” she stated, as she formally flagged off the distribution of the “Flow with Confidence” Menstrual Hygiene Packs.

Earlier in her opening remarks, Hon. Scholastica Ben-Sor welcomed participants to the programme and described the Renewed Hope Initiative as a people-oriented intervention covering health, education, agriculture, social investment and economic empowerment

She urged the participants, especially the wives of Local Government Chairmen, to pay close attention to the message of the First Lady and ensure the intervention reaches vulnerable girls at the grassroots.

Hon. Ben-Sor explained that her office had resolved to sustain the initiative annually in Benue State by complementing the sanitary pad distribution programme to reach more beneficiaries, including girls in government secondary schools, Internally Displaced Persons camps and rehabilitation centres for children with special needs.

In her remarks, wife of the Benue State Deputy Governor, Christy Sam Ode, represented by Hon. Mrs Patience Erube, described menstruation as a natural part of womanhood that should never attract shame or stigma.

She encouraged the girls to carry themselves with dignity and confidence, while paying attention to lessons on menstrual hygiene and self-care.

Different lectures and goodwill messages from health professionals and wives of chairmen of local government areas in Benue State were received at the occasion.

The event also featured an interactive session during which the school girls asked questions and sought clarifications on issues relating to menstrual hygiene, and personal safety, with the keynote speakers providing detailed responses and guidance.

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INEC Moves to Upgrade Staff Healthcare Facilities, Welfare

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The Chairman of the Independent National Electoral Commission, Joash Amupitan, has announced plans to improve healthcare services and staff welfare through the renovation of existing clinic facilities and the acquisition of a larger healthcare centre for workers of the Commission.

Prof. Amupitan made this known during the grand finale of the 2026 International Nurses Week celebration held at the INEC Headquarters in Abuja.

Speaking at the event themed “Our Nurses, Our Future: Empowered Nurses Save Lives,” the INEC Chairman disclosed that the decision followed reports on the poor state of the Commission’s clinic facilities.

According to him, due process for the renovation of the Kubwa Clinic has already commenced after an assessment report was submitted to management.

Prof. Amupitan also revealed that the Commission is making arrangements to acquire a bigger clinic facility in Area 10, Abuja, to further strengthen healthcare delivery for staff.

He stressed that the nature of INEC’s operations exposes employees to significant risks, making access to quality healthcare and welfare support essential for a productive workforce.

The INEC Chairman described nurses as the backbone of healthcare delivery and commended their dedication, professionalism, and compassion in caring for people across different sectors of society.

He assured nurses and staff of the Commission’s commitment to improving welfare despite existing challenges and urged medical personnel attached to INEC to continue monitoring the health of workers and management staff.

In her remarks, National Commissioner and Chairman of the Health and Welfare Committee, Rhoda Gumus, described nursing as a valuable profession to humanity and praised nurses for their contributions to healthcare delivery, disease prevention, and community wellbeing.

Other goodwill messages delivered at the event also highlighted the critical role nurses play in sustaining effective healthcare services.

The Registrar and Chief Executive Officer of the Nursing and Midwifery Council of Nigeria, Ndagi Alhassan, said that the theme of the 2026
celebration reflects a major policy direction aimed at strengthening the nursing profession in Nigeria.

Highlights of the ceremony included tributes to Florence Nightingale, presentation of awards to top INEC officials, and recognition of retired nurses for their meritorious service to the Commission.

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