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

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

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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Ewekoro Local Government Strengthens Ties with Community and Celebrates Unity at Recent Events

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Ewekoro Local Government Strengthens Ties with Community and Celebrates Unity at Recent Events

Ewekoro, Ogun State – December 7, 2024

 

In a series of significant events underscoring the commitment to community welfare and development, the Nigeria Security and Civil Defence Corps (NSCDC) Ewekoro Division, led by Division Officer Mrs. Oyebade Folukemi, paid a congratulatory visit to the newly elected Chairman of Ewekoro Local Government Council, Hon. Adesina Sikiru Adisa. This visit, which took place on December 2, 2024, marked a crucial step towards strengthening collaboration between the NSCDC and local government officials, aimed at enhancing the safety and security of the Ewekoro community.

Mrs. Oyebade expressed her congratulations to Hon. Adesina, emphasizing the NSCDC’s commitment to supporting local governance and ensuring a secure environment for residents. The visit served as a platform to discuss strategies for improving safety measures in the area, illustrating the proactive approach of the NSCDC in fostering a safe community for all.

In another notable event, market women from Ewekoro Local Government paid a visit to Hon. Adesina to express their gratitude for his administration’s efforts in empowering local traders. Under his leadership, significant projects have been implemented, including the construction of modern market facilities, such as the 183 lock-up shops at Arigbajo Market. These developments have greatly enhanced the socio-economic activities of market women, contributing positively to their livelihoods and the overall well-being of the community.

Led by Alhaja Ejire, the head of market women, the delegation thanked Hon. Adesina for his unwavering support and commitment to their cause. The discussions during the visit focused on exploring further collaboration to address the challenges faced by market women, reinforcing the administration’s dedication to people-oriented projects that uplift the community.

The strong presence of local leaders during this visit, including Vice-chairman Alhaja Abisola Nuratu Aliyu and other key administration officials, highlighted the unified effort to promote the welfare of Ewekoro’s residents. The Chairman’s administration has earned recognition for its initiatives that significantly impact the lives of market women and the broader community.

Additionally, the recent Obada Day 2024 celebration, held on December 1 at Owiwi Primary School in Obada Ward 10, showcased the unity and love within the communities of Obada Town. Hon. Sikiru Adesina joined dignitaries such as HRM Oba Olufemi Solaja, the Olu of Obada Town, and HRH Oba Kasimawo Ogundare, the Olu of Opelifa, to celebrate this significant event. The celebration emphasized the importance of love, unity, and progress in Ewekoro Local Government, Ogun State, and Nigeria as a whole.

In a related announcement, the Ewekoro Local Government has informed all revenue consultants that the 2025 Internally Generated Revenue (IGR) Sales of Form will commence on December 2 and close on December 13, 2024. Those interested in securing a position are encouraged to purchase the form during this period.

These recent engagements and celebrations reflect Hon. Adesina Sikiru Adisa’s commitment to fostering community spirit, enhancing local governance, and promoting economic growth in Ewekoro Local Government. As the administration continues to work hand-in-hand with various stakeholders, there is a renewed sense of optimism for the future development of the community.

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FG Issues Alert on New COVID-19 Variant XEC Found in 29 Countries

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FG Issues Alert on New COVID-19 Variant XEC Found in 29 Countries

FG Issues Alert on New COVID-19 Variant XEC Found in 29 Countries

 

The Federal Ministry of Health and Social Welfare has raised an alert on the new XEC COVID-19 variant, urging heightened surveillance across Nigeria’s healthcare facilities.

The XEC variant, first identified in Australia, has now been detected in 29 countries and is showing a growth advantage over existing strains. Health experts are concerned about its potential impact on public health.

The warning was conveyed in a letter dated December 5, addressed to the Committee of Chief Medical Directors and Medical Directors by the ministry’s Permanent Secretary, Dr. O.N. Anuma.

“I am directed to inform you of the newly detected XEC COVID-19 variant which has already spread to 29 countries globally. This variant has shown a growth advantage over other circulating strains, raising concerns about its potential impact on public health,” the letter read.

Call to Action

Dr. Anuma emphasized the need for immediate vigilance in hospitals nationwide.

“Alert systems should be activated immediately for a high index of suspicion in patients presenting with COVID-like symptoms,” he said.

The ministry also stressed the importance of collaboration among health institutions to monitor the variant and share critical data.

“We urge you to work with relevant stakeholders to implement enhanced monitoring protocols and ensure timely information sharing with the Federal Ministry of Health for effective response strategies.”

Global Spread and Implications

First identified in Germany in June, the XEC variant has since been reported in France, the United States, the UK, Denmark, and other countries. Over 600 cases have been recorded globally, with scientists noting that while the variant has mutations that may aid its spread, vaccines are expected to remain effective in preventing severe cases.

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Bunmi Olu: A trailblazing woman and epitome of excellence reaches another incredible milestone ~By Oluwaseun Fabiyi

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Bunmi Olu: A trailblazing woman and epitome of excellence reaches another incredible milestone

~By Oluwaseun Fabiyi

 

A London-based Nigerian entrepreneur celebrates a landmark birthday with outstanding entrepreneurial acumen at fifty plus on Saturday, 7th December 2024

Bunmi Olu’s leadership style, marked by exceptional courage, integrity, and dedication to duty as founder of Dreamfo Widows and Widowers International NGO, has earned her a special place in the hearts of good Nigerians at home and abroad, and indeed the world at large

Your tireless pursuit of excellence in public service is a beacon of inspiration, and your remarkable legacy amongst women of virtue in the public sphere continues to inspire others to achieve greatness

As a trailblazing woman of substance, you continue to demonstrate remarkable courage in all your endeavors, while also committing to develop a responsible management system that ensures the efficient utilization of international resources at Dreamfo, a hub for thousands of widows and widowers

Your project vision has showcased considerable positive impact on womanhood and society as a whole, and it remains impressive. Your ability to make substantial contributions to the growth of future generations and create employment opportunities to some Dreamfo widows and widowers is indeed exceptional and second to none

Ma, your accomplishments as a distinguished woman in the battalion serve as a testament to your lasting influence on the community and its residents

Your exemplary work ethic and steadfast commitment to the well-being of the people have won their trust and appreciation, a reflection of your exceptional leadership

I’m delighted to extend my sincerest congratulations to you on this momentous birthday occasion

May this birthday celebration continue to motivate you to reach greater heights of achievement and service to humanity

Congratulations once more ma! May God continue to bless and guide you. Amen!

Oluwaseun Fabiyi a seasoned journalist writes from Lagos

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