One thing that many people do not realize is that to invest in real estate is a process. They don't realize that because they often only see the end result – a prosperous person with a Midas Touch, or a person who always finds themselves in an avalanche of great deals. They think the person is simply lucky. Someone who has truly begun their own real estate journey knows,...
Why bother with “mindset?” Simple. Because the cost of NOT adjusting your mindset is outrageously expensive (in opportunity loss)! If your mind isn't conditioned to think like a wealth-building investor, you are like a sailor paddling around in a boat with holes in it. If you bail water quickly enough, you'll keep it afloat, but you will eventually tire…and sink! ALL...
There are many questions that should be asked before embarking upon a career of real estate investment. The first and foremost question however should be whether or not you are truly committed to making real estate work for you. This is not a business for the faint of heart. In order to truly turn a profit you must be at times ruthless when dealing with buyers and sellers but ethical...
Classic business philosophy teaches that a great part of survival and subsequent success lies in an operation's ability to reduce mistakes. The cost or repairing the mistakes is inversely proportional to the amount of profit potential of the operation. In other words..."Mistakes Kill the Profit Margin!!!!!" Classic business philosophy teaches that a great part of survival and...
You are in the process of trying to sell your house and have your marketing up and running. So, how do you convert callers into offers? Here is one method. Once you have decided to sell a home, there are a couple of steps you have to take. The first is to get the home ready for marketing by doing repairs, landscaping and so on. Once you are ready to go, you have to start marketing the...
What's the difference between Rental and investment property? If you're thinking about investing in real estate to make money, you need to first determine your financial goals. Do you need to make money quickly, invest for your children's university fund, or build wealth for your retirement? If you're thinking about investing in real estate to make money, you need to first determine...
Nigeria’s real estate sector has enormous potential, given rising urbanization, uncensored population growth, and housing needs. However, it remains bogged down by challenges like unclear or impaired land titles, exorbitant costs of available real property, bureaucracy, unnecessary and avoidable infrastructure deficits, and lack of transparency and inefficiency, not only in...
The Lagos State Building Control Agency (LASBCA) has emphasized that developers must obtain a letter of authorization before initiating construction on any building within the state. Gbolahan Oki, the General Manager of LASBCA, made this declaration during the presentation of authorization letters to developers of the Lagos Arena....