ChangeAgent Property

Mowe in Ogun State… one of the suburbs With areas that were once affordable now out of reach, low-income renters are being forced to outskirts and border towns in major Nigerian cities.The soaring cost of renting is pushing tenants away from the centre of most capitals. For instance, Lagos, Abuja and Port Harcourt are now experiencing the highest demand from prospective tenants. The persistent changes of use of certain streets from residential to commercial have also put pressure on property owners to increase their rents for apartments.   Studies show that affordable housing is becoming increasingly out of reach for many low- and even moderate-income renters in the nation’s urban centres and their surrounding suburbs, as supply did not keep pace with this growth in demand, vacancy rates decreased, the average number of people living in a rental unit increased, and, in most areas, rents rose. The situation is worsened by the recession in Nigerian economy due to differen...

Got me thinking! Is technology the way? Interesting, read and you will be inspired. Technology has seeped into virtually every aspect of the human experience these days and the sharing economy is just one manifestation of its impact. Tech startups like Uber and Airbnb represent the vanguard, reshaping the way we spend our vacation or simply travel across town. In recent years, the concept of utilizing shared resources has gained traction in

‘Do I have to have some sort of experience as a landlord before I’m likely to be lent money? Question: I’ve recently turned 20 years old and I’ve taken a year out from my degree course to get some industry experience, and I’ve also been saving up. I haven’t got enough to invest in an amazing property, but I do think my savings will go some way in helping me get my foot on the ladder.

In this real estate training blog post you will learn some amazing statistics about using video when marketing real estate investments.  When it comes to real estate, video has been shown to attract sellers AND buyers, boost listings and increase sales. Videos are highly sought, and you’ve no doubt noticed that video results are appearing along with text results when you search for anything in Google or other search engines these days.  By by 2017 it’s estimated that 74% of all Internet traffic will be video.

Real Estate is a business with many different parts. Utilizing these different parts effectively can also lead to many different ways to make money. However, it seems that a large number of investors are only focusing on one aspect of the business which leaves a lot of money on the table and not in their pockets. In this article I will describe the top four methods I believe work the best for producing money for your real-estate business. Rental Properties A very powerful tool that every investor should have in their business arsenal is rental properties. I know they are a pain, but it’s consistent income every month. If your rentals can bring in enough rental income to cover your monthly living expenses plus you can save for a rainy day you are not stressed out to find the next deal. Instead you are looking to find the right deal. A forced deal or deal out of desperation usually takes more time to sell and often just doesn’t make sense or just seems to not work out at the en...

We know that there are multiple different ways to get real estate financing. The problem is that most real estate investors have no clue these options exist. They are tricked into thinking they need their own CASH or Bank Financing to fund their deals. They are lead to believe that they must WHOLESALE properties for quick cash and create a "buffer" of assets prior to doing BIG DEALS. But that just isn't true. There are many options you can use for funding real estate deals such as...

Is one of your goals to become a real estate millionaire? Do you have a plan, a road-map, for making a million dollars in real estate? You can achieve your goal of becoming a real estate millionaire if you follow the 3 success steps outlined by millionaire real estate coach JV Crum III in this blog post. JV is an expert at bringing salespeople to their highest level – helping real estate agents & investors sell more houses, make more commissions, and become real estate millionaires.

Real estate prospecting is a BIG part of a real estate professional’s job. No prospecting means no client and subsequently it becomes difficult to make ends meet. This article gives useful tips on how to make headway in real estate prospecting. To be at the top of your real estate game you have to invent and re-invent new ways to stay afloat or you will be lost in the sea of faces that has made real estate business their forte. Let’s take a look at the best tactics for prospecting, whether online or offline. The tactics for prospecting have been grouped into three sections; General, online and offline prospecting. General prospecting:

Before the Land-Use Act in 1978 was enacted, Traditional families who had so much land power under their control benefited from taking pleasure over all the rights given to the land owners. Because of this mega-power they wielded with land, they gave out lands to individuals under a tenancy system for them to use the land either for fishing or farming while they still maintained control over the portion of the land given to the individual. It wasn’t until the creation of Lagos Executive Development Board in the 1950s that individuals where now able to acquire land from the board directly in exchange for a sum of money instead of going to meet the traditional families to obtain land. This led to the Traditional Families now

Planning is a big word that most people fail to appreciate.  Negotiation planning begins as soon as your goals are set.  For instance, if I were to decide to become financially independent by the time I were 40, the very next activity I’d engage in would be negotiation – with myself! Suppose we were to outline the process of getting rich.  We’d have to start with an allocation of our time, effort, priorities, money, career choices, family choices, etc.  We’d have to assess our strengths and our weaknesses and design a remedial program of education and experience to shore up those in which we were deficient.  That process would require us to make trade-offs, sacrifices, etc.  That’s what negotiation does.

One of the most important aspects of investing in and managing commercial real estate includes understanding leases. There are a variety of leases employed by landlords to manage their tenants, and it is necessary whether you are leasing or renting a commercial space that you completely understand the agreement (lease) that you are signing. What is a Commercial Lease? A lease is like a partnership. It outlines how the business relationship between the lessor and the leasee will proceed. Following are some types of commercial leases that you, as an investor, may encounter. The Triple Net Lease (which is abbreviated as “NNN” in advertising)is used extensively in commercial real estate. It is popular for multi-tenant and single-tenant industrial and retail properties. The three elements—the “triple”—are Taxes, Insurance, and Operating Expenses. In a true NNN lease (and many so-called NNN leases are not “true” NNN), the tenant pays a basic rent to the landlord, and in addition pa...

When you’re first starting out as an investor, there are lots to learn and there are lots of mistakes to be made. Small property mistakes usually equals small pains. That’s why it’s smart to start off with a small cash flow property.  But is very important is to understand the commercial investing industry “slang” and to be able to figure out deal listings on Loopnet. I shared with you Part 1 of “8 Commercial Real Estate Terms Investors Should Know” on my previous blog  so you will have all the right information you will need to make an offer on an apartment or commercial investment deal. Below are the remaining 4 of the commercial investing terms investors should know for doing real estate investing deals. 8 Commercial Investing Real Estate Terms 5. Price Per Unit This term is at the heart of where to start in determining what a property is worth and also what to offer when you’re considering buying a property.  At the heart of knowing how much you’re going t...

You’re about to discover 8 commercial real estate terms that you should know if you plan on investing in commercial real estate. 7 of these Key Terms are mandatory to understand for any property you are looking to purchase. There is one last bonus term per se that is the key to making all your deal transactions successful. I’ll share that secret commercial investing key term last. What I want to do in this short training is very quickly share with you what’s in the heart of every commercial real estate investment deal that you will find and come across. 8 Commercial Investing Real Estate Terms 1. Net Operating Income (NOI)

Unilag Estate Magodo There are numerous TV shows showcasing the fix and flip business. It looks like a fun way to make some extra money, or an exciting career as an investor. It has the potential to become very lucrative, but you should be careful. You can’t just jump in without any knowledge, and buy the first fixer upper that you find. In the beginning you need to ask yourself: what kind of houses are good for new fix and flippers? While there is not one specific property type that’s best for beginners, there are definitely some qualities that make some houses better investments for those who are just starting out. 5 TIPS For New Fix & Flip Investors

Now is a great time to purchase commercial real estate and invest in apartments! Let's face it; we are now living in a buyer's market. With more and more properties on the market, sellers are facing some stiff competition, and are being forced to lower their prices in order to contend with other hungry sellers. This environment is perfect for ambitious real estate investors with so many great opportunities. Timing could not be more perfect to buy your first piece of real estate, then now. It is vital to know what kind of negotiation tactic is going to best to help you maximize your

Landlording – selling, buying or leasing out property for cash flow – can be serious business.  Whether the property is an older building or new construction, getting the lowdown on your property is of utmost importance prior to making an investment.  Code violations and maintenance problems can be quickly identified; however, many of the most common and usually minor problems go unnoticed. There are a few common problems that landlords and property managers should look out for before or during  the home inspection of their current property.  Potential tenants should also be alerted of these problems before signing an apartment rental agreement.

I'm going to show you how a solid internet marketing strategy will help you market and sell your properties like a pro. I've personally been using this system for the past five years and it has made me a ton of easy money wholesaling houses online. The best part about these concepts is that they should only take you a few hours a week to implement. Yep, just a few hours, not days. First, I’m going to touch on the basics - how a proper real estate investing internet marketing strategy will help you sell your properties fast. Then I'm going to teach you a super-secret concept that only online marketing ninjas have mastered. When applied, it'll make flipping houses online seem like child's play. Finally, we're going to go over 3 of the 6-step process that I use to drive a

You’re a Real Estate Entrepreneur or Investor, and you’re out there in the market place looking for deals. I have a question for you. Are you doing a bit of advertising and just hoping that a deal will fall in your lap, or are you operating in a way that makes certain it will happen. If you don’t have a process for making sure deals happen, you don’t yet understand the importance of having a marketing plan. The sad fact is that even after all their training, less than one percent of all real estate entrepreneurs and investors actually have a marketing plan. Even though it’s very simple, don’t underestimate its power.

Ibeju lekki  Most people who purchase land in Lagos and elsewhere don't really understand the meaning of these Real Estate terms. As a potential buyer wishing to buy a land or build a new house you must be conversant with a few of these figures. The first hurdle is to understand the system of Land measurement in Nigeria. In Nigeria today, Land is measured in Hectares, Acres, Meters and Feet. These measurements are affected by factors, which include development pattern, human and environmental factors.

"Make it simple. Make it memorable. Make it inviting to look at. Make it fun to read."Lee Burnett (Advertising Executive, 1891-1971) Business cards speak volumes about who you are, what you offer and how serious you are at marketing your real estate investing as a business. A school bell rings letting kids know class has started. Your business card is your bell announcing its time to get together too or your are ready to help people solve their problems. The following are some proven tips using business cards to increase your chances of creating and maintaining more business opportunities.