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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

 

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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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An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro’s Leadership Legacy

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An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro's Leadership Legacy

An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro’s Leadership Legacy

 

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In the intricate mosaic of Nigeria’s societal fabric, Otunba Adejare Adegbenro stands as a beacon of commitment, resilience, and service.

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Born on March 6th, 1973, in Lagos, he draws from a lineage steeped in political legacy, being the grandson of the late Premier of Western Region, Alhaji Daudu Sooroye Adegbenro. Raised in a family that values service to the community, Otunba Adegbenro has carved his path as a distinguished figure in Nigerian society.

The culmination of his familial heritage and dedication to community service was marked by his installation as the first Otunba Laje of Owu Kingdom in Ogun State, Southwest Nigeria.

This historic event, which took place on January 20th, 2018, under the auspices of His Royal Majesty Oba Olusanya Dosunmu II, traditional ruler of Owu kingdom, reinforced Otunba Adegbenro’s deep-rooted ties to his cultural heritage and commitment to uplifting his people.

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Beyond his traditional titles, his influence extends globally, with his appointment as High Commissioner by the International Human Rights Commission (IHRC), where he spearheads foreign special missions aimed at preventing illegal migration and human trafficking. This appointment is a testament of his reputation as a renowned security expert and industrialist, whose expertise transcends national borders.

In his role as the acting Director-General of the National Commission against the Proliferation of Arms, Light Weapons, and Pipeline Vandalism (NATCOM), Otunba Adegbenro has demonstrated a steadfast commitment to combating threats to national security. His vast experience in security consultancy and supply of security gadgets has positioned him as a pivotal figure in Nigeria’s security landscape.

However, Otunba Laje of Owu Kingdom’s contributions extend beyond the realm of security.

Through his foundation, the Otunba Adejare Adegbenro Foundation (OAAF), he channels his resources towards uplifting the less privileged in society. With initiatives ranging from the provision of boreholes to communities lacking access to clean water, to scholarships for deserving students, he exemplifies the spirit of philanthropy and communal solidarity.

Reflecting on his journey, Otunba Adegbenro once acknowledged the challenges he has faced, from navigating the complexities of entrepreneurship to confronting societal stereotypes.

Yet, through it all, he remains resolute in his commitment to service and upliftment. His philosophy, rooted in faith and compassion, drives him to make a tangible difference in the lives of others, regardless of obstacles encountered along the way.

Otunba Adejare Adegbenro stands as a testament to the power of leadership, resilience, and unwavering dedication to the common good. In him, Nigerians find not only a visionary leader but a compassionate steward of progress, whose impact reverberates far beyond the shores of his homeland.

 

An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro's Leadership Legacy

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Bullying: Victim may sue As Abuja School Shut

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Bullying: Victim may sue As Abuja School Shut

Bullying: Victim may sue As Abuja School Shut

 

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Lead British International School Abuja, which has been in the eye of the storm over viral videos of bullying involving some of its students, has been shut for three days.

The shutdown order was issued on Tuesday by the Minister of Women Affairs, Uju Kennedy-Ohaneye.

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The Public Relations Officer of the FCT Education Secretariat, Kabiru Musa,  confirmed that the school had been shut down by the minister.

“Yes, it was shut down by the honourable Minister of Women  Affairs for 3 days,” Musa in response to a Whatsapp message by one of our correspondents.

 

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staff member of the school, whose name could not be ascertained as of press time, had earlier announced the shutdown of the school by the minister.

The PUNCH reports that an X user, @moooyeeeee, had on Monday night posted two videos of a female student of the school being repeatedly slapped by another female classmate.

The user called for justice for the victim. Since they were posted, the videos have drawn the wrath of many users of the microblogging platform, who condemned the incident and called for the school authorities to investigate and punish the culprits.

 

A third video depicting a separate case of bullying at the Lead British International School, Abuja emerged on Tuesday.

In the new video posted on Tuesday, some male students in the school’s uniform are seen surrounding another boy who appears to be in casual attire.

A student slapped the boy, who was on his knees, and then some of the other boys who were gathered appealed to stop the ‘bully’ from further harming the boy, who was later whisked away in the nine-second video.

An X user, @PopoolaJoke4, who posted the video wrote, “No be the same school?”, in response to the first viral video of bullying in the same school that was released earlier.

In one of the videos of the minister’s visit, the  representative of the school was heard saying, “By the request of the Minister of Women Affairs, we are Nigerians who respect rules and regulations and we are under the law because our school is actually recognised and our school is under the Federal Capital Territory, and we are registered and based on that, Lead British International School, Abuja is hereby shut  for three days.”

As of the time of filing this report, our correspondent could not ascertain whether the FCTA would use the occasion to investigate other private schools in which alleged cases of bullying take place in the FCT.

Victim threatens lawsuit

 

Namtira Bwala, the student assaulted by her fellow students at Lead British International School, has written the school management, demanding a thorough investigation and heavy sanctions for the 11 students who bullied her.

Two of the bullies were identified tobe Maryam Hassan and a certain Faliya.

Bwala, in a letter addressed to the management of her school through her lawyers at the Deji Adeyanju and Partners Law Firm, gave the school an ultimatum of 48 hours after which she will seek legal redress.

 

A copy of the letter obtained by The PUNCH read, “Our client and several other parents in Lead British International School have informed us and we verily believe them that this act of bullying is a reoccurring issue in the school, and despite several attempts to draw the school’s attention to it, the issue has persisted, leaving our client traumatised from the emotional and physical effect of the oppressive acts by these daredevil bullies.

“Our client completely dissociates herself from the statement issued by the school on April 22, 2024, wherein a case of battery was unconscionably referred to as an ‘incident between minors’.

“Sequel to the foregoing, we have our client’s instruction to demand an immediate investigation and the pronouncement of the stiffest possible sanctions in the student’s rule book on Ms. Maryam Hassan, Miss Faliya and nine other students who have formed a cult of bullies in Lead British International School, Gwarimpa, Abuja.

“Please note that if the school fails to sanction the student bullies within 48 hours of the receipt of this letter, we have our client’s further instruction to seek an immediate and severe legal redress against Lead British International School, Gwarimpa, without further recourse to you.”

 

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Yahaya Bello: Appeal Court fails to hear EFCC’s suit against order restraining ex-Gov’s arrest

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Kogi AG Vs. AGF: Supreme Court cautions against continued harassment of Kogi officials

Yahaya Bello: Appeal Court fails to hear EFCC’s suit against order restraining ex-Gov’s arrest

 

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Hearing on the appeal instituted by the Economic and Financial Crimes Commission against an interim order of the Kogi State High Court restraining the Commission from arresting, detaining, harassing or prosecuting Yahaya Bello, pending the determination of the substantive originating motion for the enforcement of his fundamental human rights, suffered a setback on Monday, as the Court of Appeal failed to sit.

 

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Governor Yahaya Bello Reveals His Preferred Successor

 

The appropriateness of the siege on Bello’s residence by operatives of the Commission last Wednesday had elicited a heated debate across the country, particularly with the realisation that there had been a restraining order against such action, which had not been vacated as of the time of such action.

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The EFCC had appealed the order on March 11, 2024 and sought for a stay of execution in Appeal No: CA/ABJ/CV/175/2024: Economic and Financial Crimes Commission v. Alhaji Yahaya Bello. The Court of Appeal did not grant the stay of execution but fixed Monday, April 22 for hearing.

However, the Kogi High Court, on Wednesday, April 17, 2024, had delivered its substantive judgment in the matter and directed the commission to seek the leave of a superior court before taking further step against Bello. The judgment was read at about 12pm.

As at about 8am, when EFCC laid siege on Bello’s Abuja residence, the interim injunction, which restrained them from arresting or harassing him, among others, was still subsisting.

Justice Isa Abdullahi had, in his latest verdict, held: “Looking at the Orders sought by the applicant (Yahaya Bello), I am inclined to grant them subject to some alterations which in my view will meet the justice of this case, in the following terms;
1. An Order is hereby granted enforcing the Fundamental Rights of the applicant to liberty and freedom of movement and fair hearing, by restraining the Respondent (EFCC) by themselves, their agents, servants or privies from continuing to harass, threaten to arrest or detain or in any manner whatsoever arresting, detaining or prosecuting the Applicant on the basis of the criminal Charges now pending before the Federal High Court, Abuja to wit; Charge No. FHC/ABJ/CR/550/2022 between FRN v. Ali Bello & Anor, without prejudice to the power of the said Federal High Court, to make any Order as it may deem just in the determination of the rights of the Applicant and the Respondent as may be submitted to her for consideration and determination.

2. An Order is hereby granted directing the Respondent to bring before the said Federal High Court, or any such appropriate Court, such criminal Charge, allegation or Complaint in respect whereof the Applicant is reasonably believed by the Respondent to have committed any offence subject of its jurisdiction, provided that the Respondent shall not invite, arrest or detain the Applicant on account of a reasonable belief that the Applicant has committed any financial crime, without first obtaining the leave of a superior Court of Record, especially haven regard to the antecedents of the Respondent in the manner it has managed its engagements with the Applicant.”

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