A rental agreement is a legally binding contract between a landlord and a tenant that outlines the terms and conditions of a property rental. It serves as a crucial document to ensure clarity and prevent disputes. Here are the essential components and considerations that should be included in a comprehensive rental agreement: 1. Specificity on Abandonment The rental agreement...
Deciding to sell your home is a significant decision that involves many considerations, including whether to use a real estate agent or attempt to sell it on your own. While it might seem like a good way to save on commission fees, selling your home without professional help can lead to numerous pitfalls. Here’s a comprehensive look at some of the challenges and risks associated with...
A major concern for Real Estate professionals is personal safety. Many times you're working alone in showing a property or having an open house. Some personal safety precautions should include: On the first meeting of a client, have them meet you at the office. Get as much personal information as possible. If you have a strange feeling about the client, don’t show property by...
While "green" has become quite the buzzword when it comes to home building and design, what exactly it means isn't always clear. There are a few standards for eco-friendly homes, but the term "green" doesn't have a universal definition beyond being a color made by mixing yellow and blue. So how does a consumer know when a home the builder is calling "green" is actually built with an...
One of the new buzz words in real estate is "rightsizing". Rightsizing is about finding the right size home for where you are in your life - people are searching for the perfect space for their needs. This concept not only applies to your search for personal space, it's also a concept that is being applied to building and city planning. With an aging population, increasing density...
Lagos, often referred to as the commercial hub of Nigeria, is a vibrant city with a bustling real estate market. From the high-end properties in Ikoyi and Victoria Island to the more affordable neighborhoods in the mainland, Lagos offers a diverse range of real estate opportunities. But how well do you really know Lagos real estate? Let's explore some key aspects that define this...
So you’ve seen your umpteenth Ad with the guy in his neatly pressed button-upped white T-Shirt grinning ear to ear waving his rock-solid no-money-down rags-to-riches real estate investment course for 3 easy payments of a gazillion Naira and now you are thinking, "wow this looks like a great deal, I better get it fast before the special offer expires." You notice how there’s...
As we celebrate Investors Week 2024, it's essential to highlight the significance of real estate investment in building financial security and generating wealth that lasts for generations. Real estate has consistently proven to be a lucrative and stable investment option, offering numerous benefits that can safeguard one's financial future. Why Real Estate Investment? 1....
Real estate investing may not be everyone’s cup of tea, but some people who have already tried investing in real estate know that it can be highly profitable and lead to much better quality of life. There are several keys to making significant profits in real estate investing deals. And when the deals are profitable, you will certainly be well on your way to success. For real...
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,...