Rockvine Realty

16/11/2022

WHAT TO KNOW BEFORE BUYING ANY REAL ESTATE PROPERTY IN NIGERIA

Aside from the legal requirements, there are several factors that needs to be considered while buying a land or any landed property. These factors are influential in determining the value placed on a landed property. They include;
Proximity to Access roads. The closer a property is, to access roads, the better it is in terms of time saving and cost effectiveness on the long run.

The size of the land. There is direct proportionality between the size of land and the price. A larger piece of land can provide better comfort and more investment and business opportunities.

The texture of the soil. The soil texture is a very stable characteristics that influences soil biophysical properties. The soil texture is interrelated with the soil fertility and quality on the long term. The soil texture is associated with soil holding capacity, gas diffusion and water movement which determines the soil health.

The location of the land. The location of the land is another important factor to consider while purchasing a land. Lands in urban areas are closer to infrastructure and are beneficiaries to significant development.

The purpose of the land is another factor to consider while buying a land. Is it for residential purpose or agricultural purpose? Or perhaps, any other purpose? The purpose of the land could negate some other factors. For example, a land used for agricultural business may not necessarily be located in an urban area.

The price of the land. A comparative market analysis of similar lands or properties in that area could be carried out to determine the right value of the property and ensure it is not overpriced.

The security conditions of the environment should be well examined. No one would feel comfortable living in an area prone to robbery and other forms of insecurity. Hence, it is important to carry out extensive research on the security conditions of the environment.

For more information and enquires:
Email: [email protected]
WhatsApp: +2348136717602
Call: +2348136717602

06/09/2022

See How You Can Easily Manage Your Rental Properties Even When You Are Not In Town (Contd.)

And Lastly...
If you don't really have that time to going through all those steps just to get a property manager for your property all you need to do is;
Get Referrals from Other Investors:

Get people who already have property managers working well for them to refer you to theirs and strike an agreement with them. You are good to go!

04/09/2022

See How You Can Easily Manage Your Rental Properties Even When You Are Not In Town (Contd.)

Interview Multiple Candidates:

In choosing the right property manager, it is important to interview multiple candidates for the job and then choose the best base on;

- Their answers to your test with specific questions
- Reviews from people around
- Their track record
- Their impression

04/09/2022

See How You Can Easily Manage Your Rental Properties Even When You Are Not In Town (Contd.)

Stick with Local Expertise:

Stick with property managers around your vicinity. Nothing worth explaining here. Sticking with the right property manager around the property vicinity offers less management cost, and better management efficiency.

04/09/2022

See How You Can Easily Manage Your Rental Properties Even When You Are Not In Town (Contd.)

Do Your Research:

In real estate, nothing is greater doing your personal research. In fact it is the starting point when seeking for a property manager. Tips that can help you do your research about a property manager include;

- Asking people around

- Using the Internet see details of the firm, and what people say about them.

04/09/2022

Leasing a Property Manager - What To Look Out For When Choosing A Property Manager

In our last post, we discussed who property manager is, the job they perform and why they are important. In this post, we will be looking at what we need to look out for when hiring a property manager.

With rental properties continuing to boom, finding the best property manager can take your real estate investment to the next level.

Rental management is a complex undertaking involving legal matters, handling tenant communications, and taking steps to protect the property itself.

In this way, property management firms are popping up everywhere. That said, not all rental managers are created equal. To find the best fit, examine these tips in the following posts to find the best property manager.

05/08/2022

If You Missed Oyins Garden, Here is Another Opportunity To Buy Real Estate Today

-THE GLADES, KETU EPE

Right from our inception, providing the opportunity for everyone to own a piece of the future that is safe, secure, affordable and guarantees great return on investment has always been one of our promises, and over the course of the launch of our different estates we have kept that promise.

An investment in an area with a huge potential for capital appreciation and maximum return on investment; where the investor enjoys the pride and prestige of ownership is the best form of investment… and ketu in Epe provides this unique blend of opportunity and experience... hence our love for it.

Ladies and Gentlemen we introduce to you THE GLADES from the stables of Homenest Development Limited. Another exquisite and newly acquired property strategically located in the very heart of the serene but fast burgeoning commercial Hub called Epe.

The Glades is a 50 Acre parcel of premium dry land, with breath taking scenery and natural ambiance that is second to none. The Glades promises to be one of best investment that is genuinely suited for both residential and commercial purposes.

LOCATION: KETU,
TITLE: FREEHOLD

Pre-Launch Price: N850K /Plot OUTRIGHT Purchase
: Buy 5 Plots OUTRIGHT and GET 1 Plot FREE

INSTALLMENT PAYMENT PLAN
3 months — N950,000
6 months — N1,000,000

IINITIAL DEPOSIT: N350,000

LANDMARKS /NEIGHBOURHOODS

- Proposed Lekki-Epe International Airport
- Alaro City
- Pan African University
- Epe Resort And Spa
- Augustine University
- Proposed Shoprite
- Recreational Center Epe
- Government College Ketu…and many more

FEATURES

- Perimeter Fencing
- Gate House
- Earth Road
- Street Lights
- Green Areas
- Remarkable Layout and Landscapping

We are already aware of the huge potentials Epe offers right now in terms of property investment, hence owning a plot or more at The Glades is a good investment because the various ongoing infrastructural developments in this location will positively appreciate its value

Are you looking at positioning yourself and business investment for future reward and benefits ? then look no further than The Glades.

THE GLADES …. Natures Invite to Wealth

For more details call/whatsapp 08136727602

04/08/2022

See How You Can Easily Manage Your Rental Properties Even When You Are Not In Town.

Rental property is one of the numerous ways to make money in real estate and increase your wealth. On the surface, it seems a really easy way to make money but in reality, it's usually more stress.

The challenges start early, and they almost always involve time and money.
These challenges include; maintenance, finding tenants and you may also find yourself having to deal with stubborn tenants.

There are ways to make the process easier which is, living in proximity to the unit, Making it a full-time endeavor or hiring a property manager.

Hiring a property manager can lessen the burden of managing a rental property. This is the best option for those not living in close proximity to the property or really don't want to involve themselves in any hassle involving property maintenance and tenants management.
Although, hiring a property manager will cut into your profits and leave you with lesser profits for your rental property.

So let's take a look at who a property manager is, and the responsibilities he must perform to ensure your properties are well managed.

- A property manager is one who is put in charge to carry out many of the duties of running a rental property. This includes marketing, selecting tenants, maintenance, budgeting, and collecting rents. You may consider hiring a property manager if you want to delegate these tasks.

- Property managers can handle a variety of roles. What that is, exactly, is up to you to negotiate with your manager. It is essential to identify what their role will be and develop a list of duties and responsibilities. Will your property manager find tenants? Or will they handle day-to-day maintenance and collecting rent?

A property manager can be an independent contractor or an employee. You should speak with your tax accountant to determine the most favorable approach and determine specific obligations you may have.

In our next post, we will be discussing what you need to look out for before choosing a property manager. Stay tuned!

02/08/2022

9 Easy Steps To Get Started With Mortgage in Real Estate Investing

01/08/2022

How To Get Started in Real Estate Investing With No Money?

In this article, you will gain some insights into how to begin investing in real estate without spending tens and hundreds of millions. Investing in real estate refers to any property owned solely to generate profit, either through rental income or through market value appreciation.

There is no such thing as no money down in real estate because the money has to come from some source. If you want to invest in real estate with little or no money, you need to develop the ability to recognize, understand, and even take advantage of other people’s money.

Investing in real estate is a great step towards achieving that much desired financial freedom. If you want to start earning a consistent & reliable passive income, you need to start investing in real estate.
Now, we look at ways you can start investing with little or no money.

1.) Purchase Money Mortgage
The first proven way to invest in real estate with no money is through mortgage. This is when a buyers secures a loan from financial institutions to finance their reals estate investment in which mortgage and the interest is paid at an extended period of time.

2.) Hard Money Lenders
If you have no money to invest in real estate you can opt for hard money lending as a viable funding option. Instead of coming from a bank, the funds used in real estate investment will come from groups or private individuals. Since these types of loans do not necessarily need to go through corporate procedures, they tend to have fewer qualification requirements. This, in turn, means that they can be secured fast.

3.) Forming Partnerships to Invest in Real Estate With Little Money
Real estate partnerships are common for investing in real estate with little or no money. If you want to invest in a property, but the price tag is out of range, then an equity partnership may be what you need. An equity partner is an individual whom you bring into a transaction, to help finance a property. There are different ways that partnerships may be structured, and thus it is up to the buyer and the partner to agree on a more viable structure.

31/07/2022

The Categories of Real Estate You Need To Know Before You Start Investing on Properties

If you're intent on developing, acquiring, owning, or flipping real estate, you might come to a better understanding of what you're facing by dividing types of real estate into several categories.
So today, we will be looking at the various divisions of real estate what they mean.

Residential
Residential structures are properties such as houses, apartment buildings, townhouses, and vacation houses where a person or family pays you to live in the property. The length of their stay is based upon the rental or lease agreement. Most residential leases are on a 12-month basis in Nigeria.

Commercial
Commercial properties consist mostly of office buildings and skyscrapers. If you were to take some of your savings and construct a small building with individual offices, you could lease them out to companies and small business owners who would pay you rent to use the property.
It isn't unusual for commercial real estate to involve multi-year leases. This can lead to greater stability in cash flow, and even protect the owner when rental rates decline. One consideration is that markets do fluctuate, and rental rates could increase substantially over a short period of time. However, it may not be possible to raise rates if commercial property is locked into older agreements.

Industrial
Industrial real estate consists of industrial warehouses, storage units, car washes, or other special-purpose real estate that generates sales from customers who use the facility. Industrial real estate investments can often have significant fees and service revenue streams, such as adding coin-operated vacuum cleaners at a car wash, to increase the return on investment for the owner.

Retail
Retail properties consist of shopping malls, strip malls, and other retail storefronts. In some cases, the property owner also receives a

30/07/2022