share

Friday

What's In It For You At Ibeju Lekki

What's in it for Importer-exporter,Clearing Agent,Wholesale and Distributors
Haulage business,Oil and Gas workers,Business experts and professionals,Shipping companies,Investors


The zone will create servicing jobs ,the Lekki Deep seaport is marked for import and export and will require the services of various professional and clearing agents to go through custom clearing at the seaport .Professionals in this field can rightly take position  before shipping activities commence at the seaport.Having a second resident or operational office in the zone would only not be a good idea but a cheaper option for you to save cost on transportation and renting of office apartment in the future, by the time you calculate how much you will spend on rent and transportation in a period of five years ,you will understand that its quite cheaper to be a pioneer member.For instance if you rent a 2 bedroom apartment for N700,000 per per you will be spending a total of N3.5 million in five years of renting a home.However if you decide to stay in your present resident and do business at Ibeju Lekki free zone ,it will cost you an average of N1,000 to fuel your car or take a bus to the zone everyday.In a week you will spend N5,000 in a month N20,000 and in 12 months (yearly) you will be sending N240,000 and if multiplied in 5 years of good business your total spending will be N1.2 million on fuelling and transportation to your place of work. How economic is this spending? Being closer to your place of work is a better choice though initially,to get a place of your own may sound like unwise spending not until when the table turns against you before we realise its a wise investment for the future.



Transporters stand a chance to make good business connections at Ibeju Lekki free zone where business opportunities are endless for you,Due to the influx of people goods and services there is an increase volume of movement and as such cost of transportation is getting higher,commuters are now paying more than necessary due to shortage of buses plying the road ,currently only cabs operate from the main Eleko junction to the extreme Folu junction ,unfortunately because of abuse of right they take 4 passengers at the back seat and take 2 infront making six passengers instead of the normal four, at cut throat price. Transporters who are interested in making good return with 14 0r 16 seater bus will definitely make good returns 

Dangote Refinery will also witness the growth of haulage business in the area where petroleum products will have to be distributed to other parts of the country and to some African countries.Haulage business stands to strife most as of 2019 we have witnessed long vehicles here and there at the zone,they are parked on both sides of the road waiting to lift goods from operational factories ,at times i wonder the congestion of traffic the zone shall witness in few years to come when all factories are operational,when the seaport is functional and at that point when trailers will line u to lift petroleum product from Dangote Refinery.

Wholesale and Distributors activities will increase in the zone,there would be the need for warehousing and storage system for goods produced in the zone.The cost of renting warehouse at that point will be exorbitant but for those who take early advantage to get a place for such purpose and can make provision for extra then they stand a chance to save tons of millions for storage purpose at at the same time the extra warehouse will generate residual income for the business person.Just like the case in Apapa warehouse is a striffing business in areas where importation and exportation are running ,at this Ibeju Lekki its a double portion because of the factories located at the free trade zone and as such good meant for exportation and importation will search for warehouse to keep their goods pending movement to its destination so also goods produced at the zone.This is a clear indication for a good avenue to make profit and save cost during operation   

If you are into shipping business then you stand a chance to do good business at the zone,the Lekki deep seaport will require shipping companies to do the bidding for them,they will need to move their good to other arts of the world and at the same time its free trade zone ,importation of specified goods will require the service of shippers and shipping companies.

Do you know that small businesses are striving in the area and there is a continuous growth of people that requires different services such as housing,food,banking services,availability of commodities and the growth of market catering for the casual workers.For instance foreign workers at Dangote and Dana factory live around the Awoyaya and Sangotedo axis a distance of about one hour drive to the zone,and definitely its not convenient but because good housing units are not yet in place,but then the opportunities are diminishing and the demand are getting higher.

If you own cash in banks and safe,how much can you make from a dormant cash stacked in a safe waiting to be spent,the money will just remain helpless and hopeless for as long as you kee it.How much interest can you make in a year from N10 million in a bank account at 10% interest rate at the end of five years you will earn an average of extra N5million on your savings. Alternatively,with the same amount as at 2019 you will get a 3 piece of land at N10 million if you are patient enough to hold it for not less than 5 years at the zone you stand a better opportunity to sell each plot for not less than N8 million the three plots will earn you N24 million and you would have earned a profit of N14 million within the same san of 5 years.The zone will need good housing units for expatriates and professionals,warehouse for good and services ment for other location and those waiting for exportation,shopping complex is also required to cater for the teeming population of company workers who have little or no time to visit the conventional market.Hotel business will also enjoy a high patronage,if only you can witness the volume of holiday chasers who visit the famous Lacampagn Tropicana on weekends you will understand the future of this zone,this holiday inn have been operational since early 80s,when nobody ever dreamt of visiting the axis,they took a vantage position of hectares of land facing the atlantic ocean  ,i can't imagine the peanut amount they bought the land ,which cost N2-3 million per lot as of 2019,the land is worth millions and have made millions of profit for the owners. If you are reading this my piece and you are yet to get the message then you're not meant for the axis.Make hay when the sun shines and let your money work for you for the next few years and then rea the profit with very little effort from your end.

If your fear is to secure your investment then get a good lawyer to get the job done and secure your papers.Our problem is cutting cost a good Lawyer will require some charges to tie the loose end but then what we do is rely on friends and families who are not professional in the field and at the end we lose our properties and investment to land grabbers and fraudsters ,but if you follow good advice and you are ready to follow protocols its cheaper and more profitable.Make sure your the land title you received from the seller are registered by the commissioner of oath in your state, this makes it a legal document recognised by the Government, even without a C of O or Governor Consent as it may require.

Secondly,after securing a good piece of land what you need to do is physically secure it will a perimeter fencing ,could be half or full fence then erect a gate and lock it up,if you can step up on it and mount a security post by the gate then the land is secure,there can be no trespass whatsoever and your investment is safe for as long as you want to keep it. 

If there is any way I can be of help, you can contact me. https://lekkipeninsulanewsletter.blogspot.com/2019/09/whats-in-it-for-you-at-ibeju-lekki.html

This piece was written by 
Akeem Agbaje
Blogger,Business Consultant,Business Owner,
Educationist,Real Estate Professional

Thursday

HOW YOU CAN BENEFIT FROM RENTAL APARTMENT AT THE LEKKI FREE ZONE

GETTING STARTED WITH RENTAL APARTMENT AT THE LEKKI FREE ZONE





Rental apartment at the Lekki free zone really makes sense at this point especially if you already own a piece of land at one of the prime locations in the axis.

The movement have just began as predicted years back,it is now a common feature to see construction workers travelling for up to 30 mins  from Folu town,Igbekodo, Itamarun,Oshoroko town to get to  Dangote Refinery. The cost of renting a mini flat have just increased with over 200% it has gotten to a stage now where stranded workers are renting lock up shops and converting them to residents in an unconducive admosphere not suitable for living. Idotun a town directly opposite Dangote refinery. there is a big struggle for where workers would sleep,workers have to pay to take a shower and defecate in commercially dedicated places for that primary purpose,people are now living on the open street with makeshift bamboo house,not because they lack the money to rent apartment but because housing units are not affordable or unavailable.


I have since noticed few sharp investors building hostel like homes for workers around Idotun and Idasho town with good facilities,however what is presently missing is average homes for workers such as single rooms with kitchen and toilet,single room with sitting room for those with small families and in the next 24 months when the refinery would be operational their will be a high demand for homes meant for middle upper class workers such Accountants,Clerks,Administrative staff,Drivers etc,this category of workers will have a high demand for a 2 bedroom apartment that would accommodate their families and the aftermath would be a need for adequate schools for the kids and good private hospitals to cater for their health. This trend would go on and on until it burst into a full scale over commercialised society and at that point Epe will be the only saving grace to live a peaceful life after a day of hustling and bustling at Ibeju Lekki.

If you already have a piece of land at the Lekki free zone ,just visit the place,create access and build a rental apartment on it so long it is accessible, workers would locate and lease it at good price ,most importantly make sure the finishing is excellent that would earn you extra bucks ,if not, you stand the risk of losing your land to Omonile and even these fraudulent estate developers would later cook a story and relocate you to another further bush that may not see development or access road till the next 5 years. Alternatively, if you have not gotten any land in the axis shine your eyes and get a place for yourself and invest for your kids,nobody would persuade another person to success except for the special few ,put you hand on deck and get a place at the Lekki free zone it is going to be a super commercialised zone like we have never seen in Nigeria , Alhaji Aligo Dangote is leading the team while Femi Otedola is the goal keeper, they are  trusted and tested team why not join this moving train.

If you happen to have read this my article abeg count yourself as one of the fortunate one and share to your loved ones, this content no be lie! lie! this one na real thing wey dey happen for Ibeju Lekki, its a Blessed land its good you have a bite of the cake before the thing finish. A word is enough for the wise,and its good to make hay when the sun shines,though some will read and never take action due to one reason or the other but then be counted among those who will eventually benefit from this lagesse.

You can find this article and other relevant write ups at https://lekkipeninsulanewsletter.blogspot.com/2019/08/how-you-can-benefit-from-rental.html



This piece was written by
Akeem Agbaje
Blogger,Real Estate Consultant,
Business Owner and Educationist
TEL: 08055522183,07014449849





  Subscribe to ZhoomOUT News by Email Buy And Pay Later

Friday

Tapping The Untapped Resources In Epe

Epe is a town that have remained undeveloped for decades but within 4 years of Ambode's Government it moved almost to the top of the ladder with good roads,electrification,recreational and Government presence.


Nonetheless the endless opportunities, investors are still hesitating to take advantage of it . From my professional experience with the Eleko free trade zone axis ,we started marketing for N400k per plot, while facing express was N600k per plot but then in 2014/15 i was practically using all the effort to make investors believe that Government promise to bring Dangote Refinery and seaport in the axis which is a fact but not a fiction most people refused to buy but now hardly can you get a land from the original owners, we sold them off to investors who saw the handwriting on the wall ,however to buy a plot you need not less than N2.5m while facing the free zone road is N5 million except if you settle for a land without title or under processing and with this the risk is very high looking at how Government needs more land for the free zone project.

Epe will eventually serve as the residential hub for Ibeju Lekki business district.If you may recall in the 90's Victoria Island was the corporate headquarters in Nigeria while Lekki Phase 1 became the residential hub but then V.I got saturated too expensive for upcoming business and as such there was the need for a new business hub and and this opened up Lekki phase 1 as the new business district and since late 2015 Lekki phase 1 and Oniru business cyclone is moving faster than expected into the whole Lekki Epe expressway.


 The similitude of Lekki phase 1 is similar to what Epe is to Ibeju Lekki,as you are reading this piece i want you to bear in mind that this kind of advise is rare because those who take action and those who failed to take action would have a reason to regret in the future. My point stern from my experience in the early 90's when a lot of subscribers rejected Government allocation to Lekki Phase one they all moved to other areas in the mainland because the deplorable condition of Admiralty way was pathetic,to get to Dowen College you would practically swim,other streets was flooded,security was a big concern because i could remember armed robbers came in severally through the Admiralty way Lagoon but now those who rejected the allocation are still regretting because the place have turned into a commercial gold mine and on the other hand those who stayed put actually regretted not buying more than one piece from those who angrily sold their plots to move to the mainland.


On this note i will also recall the same fate is befalling most people to refused to take the right decision on the Lekki free trade zone axis. Why Ibeju Lekki will soon get out of hand is simply because of the flow of commercial activities blowing so fast from Lekki phase 1,for instance just by the Golden jubilee bridge you will find the Ado Ajah road 10 years ago it was a low neighbourhood but now its so congested that on the long stretch of the road commercial activities have taken over the neighbourhood so also several places in the Ajah axis.



Also,Epe will soon become an alternative to Ibeju Lekki ,if you survey the bigger than life projects located in the local Government, i see it as too much for one geographical location, the area has an international airport project,a deep seaport,and also a resident to over 200 manufacturing companies of which over 20 of them are operational.

Eventually,these 3 projects if they are fully operational would be fantastic and would garner a lot of commercial hype not forgetting the ongoing Dangote Refinery under construction.Apapa only had a seaport we can all witness how congested the whole area has turned and yet Government is still struggling to improve amenities to accommodate commercial activities.Also an international airport would attract a lot of hospitality business such as hotel and servicing companies such as freight forwarders. Also the much awaited Lekki deep seaport would serve the over 250 manufacturing companies in importation and exportation imaging a replication of heavy duty vehicles such as how they scattered all around the carter bridge ,bonded terminals everywhere including the need for countless trailer parks, imaging all these activities in one local government ,just take a deep breath an imaging the commercial commotion that will ensue.

 Epe is where most people approach for a peaceful living,ibeju will be too commercialised and not conducive for living ,traffic will be moving anti clockwise from Victoria Island to the Lekki free zone against what we have presently and as such the road would be very congested the only light movement would be toward Epe.

 Currently, the difference in price are outrageous a good land in Epe in the average is N500,000 (five hundred thousand naira only) while a good land in Ibeju Lekki without any encumbrances is (N2.5 million) and as such everybody is focusing on Ibeju Lekki and the free zone neglecting Epe, a good investor who is ready to buy ,wait and profit will buy into Epe now before everybody start rushing and this will hype prices but if you have it now you stand a better chance to buy at a very good profit.


Surprisingly,you can even get a good land reserved for farming at (N200,000) most wise investors will buy this category after a while you will be able to use it for other purposes.Most of the prime land in Ibeju Lekki were initially farmland but today development have overtaken farming activities in Ibeju lekki and as such Government are forced to ratify the land document into mixed use.

If i may recall, do you know that most people who are landowners (Omonile) today inherited large expanse of land from their great grandfathers who are predominantly farmers? also do you know that most omonile who did not inherit large expanse of land are children from fishermen,artisans and those whose great grandfathers do not have much stamina to cultivate large size farm?. Land was almost free in most community all they needed was to approach the community head for permission or just cultivate on the land and it automatically becomes theirs.

This condition is still relevant but you will pay a premium ,for instance in this 2019 with as low as (N1.2 million) one million two hundred thousand you can acquire 6 plots of farmland in Epe,in Ijebu Isiwo with N300,000 you can acquire 6 plots of land,in Ogbomosho and iseyin with as low as (N120,000) one hundred and twenty thousand naira this list goes on and on the opportunities are endless.

In respective of the position you might be today remember that the only constant thing about life is change,someone was was in your position before you got there,Government policies are changing and may not favour your business tomorrow ,workers have been retrenched unannounced,companies have folded unannounced,people have been caught in the web when you least expected remember the kids may not be as lucky as you are ,please keep assets for them to make up life.

coming back to Epe prime developing properties you can still get between N500k-N800k, the ones near tarred road are more expensive like N800k but good, in the interior dry and solid ground as a matter of fact you don't need raft foundation to build in Epe unlike the water logged Ibeju Lekki.

If there is anyway i can be of help contact me

This piece was written by 
Akeem Agbaje
Blogger,Business Consultant,Business Owner,
Educationist,Real Estate Professional



  Subscribe to ZhoomOUT News by Email Buy And Pay Later

Thursday

Benefit Of Baking Soda that you might not know

                              

Baking soda tricks and hacks that every woman should know. Many women pay special attention to the products they put on their skin, body, and hair. There are always more natural ways to keep your body healthy. Take baking soda for example; it has hidden health benefits when used on its own. These home remedies and hacks are useful. There are many DIY hacks using a box of baking soda. Its main functions are to make baked goods rise, remove acid-induced odors, and it can be used as a cleaning agent to scrub just about anything. Treat Kidney Disease Cure Occasional Heartburn & Indigestion Oral Hygiene Mouthwash Soothes Canker Sores Whitens Teeth Deodorant Could Improve Exercise Performance Treats Itchy Skin & Sunburns Whitens Your Laundry Removes Carpet Stains


- According to Dr. Julian Whitaker, is an alkaline substance that is produced by the body which buffers acids and helps keep our pH levels in check. Whitaker adds that people who suffer from kidney disease have a hard time removing acid from their body. But a recent study conducted by British researchers shows that sodium bicarbonate actually slowed the rate of kidney decline by two-thirds. - Over the counter medication such as Alka-Seltzer, Tums, and Rolaids contain some form of bicarbonate. So Whitaker states that if those medications have success in relieving indigestion and heartburn, then taking natural baking soda would work even more efficiently. He suggests stirring half a teaspoon of baking soda into half a cup of water and drink it an hour after eating a meal. - Whitaker explains that brushing your teeth by simply dipping your toothbrush in baking soda may not be the best idea. With its abrasive qualities, it would wear down the protective enamel over time. He suggests sticking with the commercial products that contain baking soda in their toothpaste. - I’ve already mentioned what baking soda can do when it’s on a toothbrush, but I haven’t mentioned what it can do as a mouthwash. Healthline states that baking soda can reach corners and crevices of your teeth, tongue, and gums that can be missed when brushing your teeth. The easiest way to utilize baking soda as a mouthwash is to mix half a teaspoon with half a glass of warm water. - In 1973, a Mouth Clinic was formed at Sunnybrook hospital. Most of the patients that came into that clinic were suffering from chronic ulceration. It was tough to diagnose and even tougher to treat at times. But specific therapy that included baking soda improved the conditions of 7 out of 10 patients, according to Healthline. - According to Medical Science Monitor, the reason why baking soda is so effective when it comes to whitening teeth is because of its mild abrasive properties allow it to break the bonds of molecules that stain the teeth. Baking soda also contains antimicrobial and antibacterial properties that can help fight harmful bacteria. - John Henderson Lamb, M.D., from the School of Medicine at the University of Oklahoma explains that baking soda acts as a natural deodorant because it can eliminate the smell of sweat by making the odor less acidic. - Muscles produce lactic acid, which is why you get that burning sensation during exercise. Lactic acid lowers the pH inside your cells, which could be the reason why your muscles get tired. - A study was published in BioMed Central, and it concluded that the participants who consumed sodium bicarbonate before exercise elevated their peak blood lactate levels, and lowered the rating of perceived exertion. - According to WebMD, baking soda contains properties that can help soothe the redness that’s caused by itching and the stinging sensation caused by sunburn. There are many over-the-counter products that contain baking soda. But you can make your own paste out of baking soda, or take a bath and add it to the water. - According to research done at the University of Nebraska, because baking soda is an alkali when it’s dissolved in water. It has the ability to interact with the acids from stains to help remove them. - According to an article published in the U.S. National Library of Medicine, when you combine baking soda and vinegar, it creates a compound called carbon acid. This ingredient is common in cleaning products. Together, they create a fizzing sensation that seeps into the carpet and removes the stains.








  Subscribe to ZhoomOUT News by Email Buy And Pay Later

Sunday

How To Buy Properties When Others Are Not Buying To Earn 500% Profit




It remains a fact that to become successful as a real estate investor you must learn to buy properties when they have no value,especially when others are not buying due to one reason or the other .The discipline you must apply is three, one is patience,second is patience and third is patience to wait to see your investment grow to a point when others are rushing to buy.

If you look around your environment ,you will realise that at one point in the area you live today was once underdeveloped and suddenly everybody wants to reside  there for one reason that could range from high rise of properties in the nearest community,new road construction, establishment of factories or servicing companies that attracts workers etc, at that rising point those who have bought when it was a no go area stands to make between 100% - 1000% profit from that single exodus ,and when they do , they still look around for such abandoned properties and reinvest and wait for another rainy day to hit a new jackpot.

Take for instance 10 years ago a property company invested in a 78 plots of Land in Oribanwa along the Lekki Epe Expressway he invested (N500,000) five hundred thousand per plot he held his patience since then and for the last 12 months  buyers are begging to buy for N3.5million per plot while he insisted on N4million and luckily for him a company around the corner have taken up the project of interlocking the road,which have added more value to the property ,and definitely in the next few months if the road project is completed each plot would  value above N6million per plot. In calculation he will be making a huge profit within a 10 years investment, he invested N39million and sold for N312million and makes a profit of N273million and the longer the property stays in the market the more profit he makes.

Akeem Agbaje
(Landprince)
08055522183
08073224143 





  Subscribe to ZhoomOUT News by Email

  Buy And Pay Later







Friday

Learn how to sponsor Land Deals

You are on the right page to learn details on Real Estate Sonsorship deals




As I have said earlier, have you ever heard of Land Sponsorship Deals? or let me put it straight like this, What is Land Sponsorship ? in an attempt to answer these questions, remember you need to fully understand the ,What are the do’s and don’ts ? do you know who this business is meant for? and in curiosity, why not say ,Why Land Sponsorship? and the most important question is ,Where to get informed

You will get answers to these questions if you click and follow the link on 


Landprince Investment Ltd
2348055522183, 2348073224143


#Agent #Agents #EstateAgent #EstateAgents #Realtor #Realtors #findingaRealtor #howtofindaRealtor #findrealestateagents
#howtofindarealestateagent #bestRealtornearibejuepelekki






Subscribe to ZhoomOUT News by Email Buy And 

Monday

7 profitable commercial real estate investing strategies

7 profitable commercial real estate investing strategies,buy expensive real estate properties at cheaper price and lesser amount



What we shall be discussing today in this forum is what you need to do if you want to buy an expensive land or Luxury #Real Estate and other real Estate with little money especially if that is all  you have at your disposal for this purpose  or no cash on ground to make a purchase .


There are various methods of solving #housing need, but before then you must have assessed your income level .The choice that best suits your other needs such as religion ,nearness to working place, retirement plan, social status, and accessibility to road networks. Most importantly, how much  can afford to pay for a property. At this point,it will be ripe to make the right decision on these various methods.



Like this child at every point in our lives we have
make a decision on what is best for us and as such,
you must take a decisive action with reasons  when
you want to buy a land ,house or property. 
Before then #Religion,workplace, #business,schooling, 
retirement and career have to be considered before 
taking such a decision

We shall examine few case studies to make it more practicable for those who will take up advantage of buying expensive properties at very little amount.

1 OUTRIGHT PAYMENT


To own a property most people
rely only on outright purchase
option.But the question is How
many people can afford to buy
properties at their places of choice.
hope have eluded millions of
home seekers and they end up living
where they can only afford,rather
than where they wish to live.The
only way out is to  apply real estate
alliance method. 
For every layman who wants to buy a property the first thing that comes to his mind is money ,and how to get the cash to pay for such a huge amount .This is the first option of payment and it is
the most common. This is a method where you can decide to give full payment for a plot of land (s) when you are looking at Houses for sale or real estate properties of your choice.

On the other hand ,before you make payment , there are few things to consider. Before you pay for this property make sure you make official inquiry from the ministry of land and registry to ascertain that the property is not within #Government acquisition area, or have been previously sold, or is located on an access road etc. Better still; find an expert in this area to help you out with these findings before you make final payment. 




Buyers lose millions of their income  to fraudsters,people 
lose their money  out of ignorance or penny wise pounds foolish  rather than paying professional service charges which is nothing compared with what they will eventually part with  when they do it alone to save money. For instance #Lawyers charge fixed amount less than 10% as professional charges to investigate and ensure the deal is safe to go ,buyers tend to ski this important stage to safe money but at the end they lose the whole 100% investment rather than paying professional fee to safe their fortunes and hard earned money. Do not be penny wise and pounds foolish.

To be safer ensure that properties have C of O #Certificate-of-Occupancy or a Government certified paper to guaranty credibility and authenticity of ownership,ensure that you get a Lawyer or Solicitor to verify these claims before you make payment. This will take us to the second creative option.

2. FORMING AN ALLIANCE TO BUY A PROPERTY


You can easily break a stick of broom but a bunch of broom will require additional
force or  leverage to break, likewise ,a group of people can still buy proprieties
in their choice area despite cash limitation if they can pull their resources
together to purchase the same property , split and utilize in the most advantageous
way that will benefit all and derive the same satisfaction like other individual buyers.









This  is a creative option that can be used by individuals, groups, or cooperate bodies who could not meet up with immediate cash for outright purchase of a property. Rather than losing hope they can form an alliance and check out #Apartment For #Sale  or  Find Land For Sale then buy the property with a memorandum of understanding that will govern the entire process prior and after paying for the property. However, I shall list the various methodologies to achieve this aim by forming an alliance ,depending on individual differences ,limitations goals. The options available are  

2.1) Individual Real Estate Alliance
2.2 #Cooperative Society Real Estate Alliance
2:3  #Companies Real Estate Alliance
2:3 Traders Real Estate Alliance
2.3 Specialized Traders Real Estate Alliance
2.3 Service Provider Real Estate Alliance
2.4 #Manufactures Real Estate Alliance
2.5 #Distributors Real Estate Alliance




1, INDIVIDUAL REAL ESTATE ALLIANCE
We can perform better in real estate purchase if we can
join hands together to pursue the same goal.Once you
have made up you mind to purchase and its
the location you want, don't wait for when you will 
get the complete cash do not seek for a loan you
may never get out . Rather,look out for a colleague, a
friend or family member who has the same goal with you then 
pull the resources and cash together to do the purchase.
This is a method when two or three individual will team up to buy a plot of land or acres of land in bulk purchase. Cash pulled together at a very little cost will meet up with their choice of property and ending up with their dream home as desired.Most importantly, they stand to enjoy a high discount on bulk purchase , and installment payment option  

CASE STUDY 1


A Prime property located in an estate  along  Lagos Lekki  Epe road with over 50 undeveloped plots was sold for 20m per lot. In this regard, how many middle class worker can afford to pay out-rightly ,but there is a better hope to live in such choice and exclusive area. Mr John Duru and Mr Colins Ayantuga of #Zenith Bank decided to make the purchase  and eventually constructed a semi-detached  3 Bedroom duplex rather  than losing hope on the property you can also persuade your friend, colleague, or family to form an alliance to live in their choice location despite the financial constraints,both families now enjoy a serene environment with like mind neighbors, good road in the estate ,better facilities and a good management to oversee the estate facilities and life become much more blissful and meaningful.

CASE STUDY 2



Family units house like this are easily achievable for
two or three families..Once you locate your choice area
make inquiries if more than one family unit apartment
can be approved  by Town planning official
,once this is done you can go ahead  to pull resources
with one or two persons to purchase a land of between
800sqm to 1000sqm to build your dream home.

Four people can also contribute money to buy a plot of land.
Example in #Diamond-Estate a 1000sqm corner piece land was sold at 30m, 3 years ago, but because of the meagre income of Mr Ayomide Lewis ,Mr Jide Cole and Badmus Komolafe who worked with an Insurance company ,they were able to get a soft loan with their organisation and secured the place, they eventually  build a 4 unit Terrace duplex of 4 Bedroom each. Most importantly, they bought the property by contributing very little money and achieved the prestige of living among the rich in an expensive neighborhood that eventually improved their living standard.



CASE STUDY 3

There is also Alliance with moderate properties,In a good neighborhood on Badore road Ajah Lagos, a plot of 648sqm was sold for 6m, the land is located in a gated community near cooperative Villa,and has a tarred road and beautiful neighborhood.


Mr Udoh Ekanem and Mrs Tolu Balogun had the opportunity to buy a plot in a nearby community at 2m per plot but this is a total opposite of the land in Badore ,no good road, more of a slum and no provision for security, eventually they met and bought the land at Badore at 5m of which they both built a detached  3 bedroom flat on a 320 sqm land, and afterwards life made more sense and were able to nurture their children in a serene environment. 

CASE STUDY 4



In the #Ikorodu Area of #Lagos a plot of land was sold for 2m
  you can buy up the property, with your friends, colleague who is also willing to buy. You can end up building two unit of  three (3) bedroom flat and you would have saved yourself a lot of procrastination. 

In this instance similar to other areas you might be familiar with, don’t end up procrastinating because the cost of the land is not affordable, people failed to build their dream home because they continue to wait endlessly for a time they will be able to have enough money to buy an expensive property ,you can start by building your first house with LITTLE MONEY then you can proceed to more expensive properties as you perfect the system.


CASE STUDY 5

It makes sense for six families to sum up their cash to build a six unit
Terrace apartment of 4 bedrooms each and two living rooms.
What else do you need if at first you can eventually own your own
apartment  




You can team up with other four people of the same interest to build a 6 unit 3 bedroom apartment, or alternatively you can team up with only one person with an Equity contribution and build a detached twin duplex or semi detached duplex. You can adopt this very simple method if you intend buying up a property at a lower cost. You can use the excess money to buy up another property at a different location.

 However, this property will retain value due to its location. The individual beneficiary will still enjoy hundred percent advantage accrued from such expensive neighborhood, such good school, up to date Estate facilities, good road network ,accessibility to important places such as #Victoria Island, #Ikoyi, #Epe Axis and most importantly the benefit of living in a rich neighborhood.


Individuals enjoy more benefit if they form an alliance. After buying one property, the individuals could repeat the same process repeatedly, becoming a big Real Estate investment with acres of lands at Choice properties in different locations.

2.2 Cooperative Society Real Estate Alliance


Just like individual estate alliance, a cooperative society in an area, a company or establishment can also procure acres of land and properties to be shared among members of the cooperative group. 

Do you know that buying land in bulk is like  buying at a give away price.
 Landowners prefer to sell at once saving them time and stress in 
getting to sell  the property and in most cases such large
 hectares of land are typically located in  undeveloped areas of the city
 with very little facilities most suitable for farmland .Now this is the trick
 the owners beg people to buy, he wants to get rid of the land
 and move on with life because its more of a stress than  asset
and as such you will be helping him out by doing a purchase at
a very low price.. invariably because of the large numbers of people coming
 to live in the neighborhood  it will drive in new market,new development
 ,new people and a new community all this will add value to the neighborhood
 bringing in all necessary facilities. 



















A 50 Plots of land in #Mowe,#Ibeju-lekki,#Badagry or epe  could be purchased by a cooperative society and then shared among 100 members or more, they can also construct a twin semi detached duplex on a plot, for two members.

 However, the cost of each member to procure this land will be lesser than individual purchasing.

In other words, cooperate bodies can choose to investment cash running into millions  to purchase this 50 plots for their staff to maintain their loyalty to the organization and establish a residential estate that will bear the company name which will continue to serve as a good management will to employees,example of such is found in Satellite Town Ojo Lagos In Nigeria,where companies such as #Exxon-Mobil, #Agip Oil,#Chevron International ,#First Bank,#Union Bank and Multinationals over twenty in number,pulled resources and created a new Town  for their employees,they bought the land, built 2 and 3 bedrooms and sold it out for their staff on monthly installment


 This will in turn increase productivity by the staff and future staff,
another examples of such is #Chevy Estate opposite Chevron Headquarters Lekki ,owned by chevron cooperative society members,also #Thomas estate,#LNG Estate,Mobil Estate Lekki and countless other states all in the name of employees Cooperative Societies.In other instance, a cooperative society can also group members in 2’ to 3’ or 4’ to form an alliance to buy up a land or property at heir choice location. A plot of land of 500,00 could be shared by 2 or more members with a total contributory cost of only 200,000 to 300,000 each to procure the land. This will allow more members to secure land at their choice location at a small cost.


2:3    Companies Real Estate Alliance


We have heard of #Mergers and #Consolidation in the financial sectors #banks come together to form a bigger and stronger bank with a huge capital base and 
also this is done in the insurance sector. Therefore, it is ripe for companies, organizations and bodies to form an alliance in the real estate sector.


Like Donald Trump he buys up rundown house , renovate and drives traffic
to it,in this scenario, companies and individually who cannot locate
themselves in the best commercial location because of low 
purchasing power can pull resources with 2-6 other companies
to buy a building and share. This is  more beneficial than remaining
a tenant in your choice commercial location  


Inflation is climbing higher coupled with global economic downturn. It is becoming difficult for bodies to purchase land and property at their choice areas, especially Commercial lots for sale
in commercial centers where property are at the peak, for instance a plot of land in Ikoyi cost between N200 million to N300m. A 4 bedroom detached house in VGC cost between 150million to 200million a plot of land at Lekki epe express road in Oniru cost between N40m- 250million, a 4 bedroom in Parkview cost 50million, a 6,800 square miter at #Adetokunbo #Ademola cost 1.5billion.

 Because of this Inflationary trends, more companies are finding it difficult to position themselves is choice location for the present and future market place. Therefore, the visible solution is company estate alliance ,where companies can pull resources to secure #Real Estate To #Sale ,rather than  waiting endlessly trying to do it alone.

Two, three or four companies will pull their resources together and buy a plot of land along Lagos Epe express road at the cost of 150 million. If 3 companies form an alliance they will pay a reasonable cost of 50 million each other resources will go for construction of the edifice that will accommodate them and save excess cost, or better still, financial house can take up their construction bill and then pay back their loan over a period of time.

With this type of alliance, their will be hope for younger and smaller companies to locate themselves among giant companies who have enough financial capital to throw around. This will also guarantee a fair market competition between the young, small and giant companies. The economic challenges of the future will soon consume any company that fails to read the emerging danger in the estate and property sector, this is indeed is a global real estate warning.

2:4 Traders Real Estate Alliance


Traders are not also left behind forming estate alliance. It could be for #residential purpose or #business purpose.


Shoprite  of South Africa  is one typical example  of traders amalgamation it
 comprise of numerous trading units by individual and corporate bodies,.
They have achieved in driving market to their location because of market
concentration.To achieve this  traders will organize themselves in
such a manner and pull their resources together to buy a land 
 in a present market location or a future market ,put up
 a to accommodate  all stake holders.














Amalgamated traders such as what we have in trade fair complex (Aspamda) in Lagos #Badagry express road, where traders can come up and buy 60 plots of land for instance in a choice area at the cost of 60 million, 10 plots will be used for parking space and other uses while the remaining 50 plots will be shared by one thousand traders at a small cost.

In this type of #traders alliances, banks and #financial houses will scramble to help in developing the market because of the huge potential that will be earned in the future. Today #Aspamda in Lagos – Badagry express road, is a market  to reckon with throughout the country, and it has positioned itself firmly to becoming a world class market in the future. 

The best is yet to come, opportunities are still lurching everywhere for amalgamated traders to reproduce the likes of aspamda .

More so, banks and financial houses are concentrating more on financing residential estates, not knowing fully well that other profitable sectors remain untapped. Amalgamated traders forming alliance is a new form of financing that would give more than 100% profit, most especially if these financial houses step forward in the future  maintenance of the market, this will guarantee continuous income for several years.

2.5 ) Specialized Traders Real Estate Alliance

There are traders located in only one geographical location to sell the same products. They are concentrated in the same venue and place and are controlled by the same situation and circumstances. They are subject to price control, and easy access to manufacturers and distributors of such products. 

The inability of other traders of this particular product to locate themselves in such a market is always a hindrance to the sales, profit and cost of doing business. 

For instance, individuals #
Motor #Sparepart #Dealer scattered in every general market would not be exposed to change in trends, price and fluctuation in the business, unlike those located in a specialized spare part market such as #Ladipo spare part market in Mushin #Alaba electronics and electrical market at the Owode-oniru and #Aswani textile market in Apapa expressway Lagos.

 However, these markets enjoy local and international patronage because of their convergent in one place.

Nevertheless, other traders can still reproduce this trade monopoly for instance; 4 acre of land along Badagry express road shortly after Agbara will serve as a good market for plastic and polyester traders. This location will serve as a good international market from west Africa countries and beyond, who travel all the way to central Lagos for his purpose.

Also, other traders could also take the advantage of the 4th mainland bridge in Ajah and locate themselves on plots of land in Ikorodu worth 21 million. The advantage to this real estate alliance is so numerous that a large population of at least 320 of this traders can share the 42 plots and each will be required to pay a token of 65,625 to become a land owner.

Banks and financial houses will be willing to finance the construction because of the huge profit and the high number of traders involved, also, individuals could also decide to build on their own.

2.6) Service Provider Real Estate Alliance

This is a very productive real estate alliance because of the interdependence of the services provider. What goes around comes around and the fact remains that no man is an island on his own. We all need to depend on other people and professionals to perfect our own profession.

For instance, an architect need a surveyor to get his figures for drawings while a construction engineer needs an accurate drawing from an architect to build a reliable structure, however a builder need the services of a craftsman such as carpenter, bricklayer, iron bender etc to put up a structure. 

This is Ikota Complex In Lekki Lagos,it is on about 10 hectares of land,
established by HFP an Israeli company,any group of people can do the same,
it comprise of service providers such as lawyers,Agencies, Surveyors,
consultants,retail outlets and several others.It is the heart of Lekki.
When this project was conceptualize it looks like a waste but toady an
office space is sold foe half a million.  Hakeem Agbaje
















Therefore, if all these services converge in one place, they will have easier access to each other, there will be continuous business referrals, services will increase and as such profit will also be maximized. Such a scenario could be experience in VGC complex along Lagos Epe express way sponsored by HFP Engineering. In this office complex, activities are at peak level, with increasing numbers of banks, airlines, architectures, surveyors, estate agents, laundry, insurance brokers, stock brokers, construction engineers, dentist, opticians to mention but few.

More so, it will be a very profitable venture if 
Estate 
Developers
could replicate this VGC complex in a geographical location where offices are scattered, you have to take a bus or drive far distance from surveyors office in Lagos mainland to see an architect in Lagos island, this is an example of a waste of time and resources  that hinders productivity.

For instance, an individual investor or developer can buy up  one (1) acre of land along Lagos Ikorodu road at N20m and use it for office complex, a cue of construction design can be taken from the VGC complex and before you know it, all offices scattered along Lagos Ikorodu will identify the complex as the center of all service providers.

Apart from this, individual service provider numbering like 50 can team up together and buy up the one (1) acre around N20 million individuals will only need to contribute only 400,000 to get spacious measurement enough for an office apartment.





2.7) Manufacturers Real Estate Alliance

Manufacturers are the pioneers of this real estate alliance what makes the difference is that in most industrial layout, it is the pet project of the government and the state and in several cases location of these industrial layout are not suitable for production and distribution.

Industrial layout are the prerogative of Government,but lately the Government
of our country have neglected the need for industrialization,however
these have increased unemployment in most countries.the private
 manufacturer can manage their future perfectly if they take the
bull by the horn by converging at the same place to practice their trade
.Hakeem Agbaje
















However, we have instances such as the industrial layout along Lagos Apapa express road, though manufacturers are affected with the present economic downturn and the increasing reliance on imported product due to lack of adequate Government support ,they will enjoy a far greater benefit if they chose to converge in one place, rather than the present state where distributors in a geographical location are scattered.  It will help the distributors to create a bigger market where all retailers will find it more reliable to visit the center rather than buying their products from distance distributors.

 Also manufacturers will save cost of transportation and time unlike when they are in far distance, also distributors will be able to have a place of their own rather than the use of rented apartment or leased properties.

For instance, an acre of land at N20 million located on Lagos Ikorodu express road can be purchased by five (5) distributors of soft drinks or alcoholic drinks.


 Each of then will only need to contribute a token of 4 million to create a bigger and faster market in that geographical area other distributors of similar products also take up such advantage and they will be a force to reckon with by both their retailer and the manufactures.


However, plots of land  available for this purpose suitable for groups of distributors are along #Ajah – #Badore road Lagos-Badagry express way, Lagos Epe express way and Lagos Ikorodu express way etc.

Also, manufacturers of some products such as #Pepsi, #coca-cola, #Mirinda, 7up, #Fanta, Schweppes ,#Bottled water companies and other soft drinks can also pull their resources together and buy up acres of land at a strategic location and lease then up for various distributors of their product in that area. 

The advantage among others is that it will help to converge the distributors in one place, this will generate a bigger market, it will make it easier for retailers to locate them, it will reduce time and cost of transport distribution it will also general more market for both the distributors and manufacturers. 





Whatsapp Us if you need assistance or more information on this and related topics

counter