Land for sale in Enugu
Co-ownership of commercial real estate:
(By the end of this post, we hope to show you that you can own profitable real estate as a co-ownership and at a fraction of the cost of 100% ownership)
Enugu without a doubt is the most beautiful city in the South East of Nigeria. I will also add that it is one of the most profitable cities to invest in real estate in Nigeria.
The low valuation and high yield of real estate in Enugu means that one can buy a plot of land is somewhere like thinkers corner for N12m, building a block of (4) 3bedroom flats for N25-N30million and be able to rent out the flats for N1m per annum. I would like to see you try that in Lagos or Abuja.
The problem with real estate is that it's capital intensive. Most agree that it's the safest and easiest to manage investment but it just costs to much to get into.
So, Fedenni homes came up with the solution we call CO-INVESTMENT REAL ESTATE. Simply put, it means a couple of people coming together, contribute funds and jointly purchase and own commercial real estate.
This investment strategy isn't for everyone and of course, it comes with a set of risks
So you are advised to consult your lawyer before signing any agreements and consult your accountant before making any cash deposits etc.
As an added bonus, Fedenni homes works to mitigate those risks for prospective clients.
You can tell from our success with HOPE LLP that we have stumbled upon a gold mine.
So, here's how it works:
Step 1:
You indicate interest that you want to be a co-investor in one of fedenni homes projects. Please know that Fedenni homes only promotes investments in income generating properties like block of flats, hostels, hotels, shopping plazas, event venues etc.
Step 2:
Fedenni homes informs you of an investment opportunity, the property type and the contribution of each investor and the prospective dividend yield of the project.
Step 3:
Individual investors sign an agreement with Fedenni homes and deposit their contribution into a bank trust account. All funds will be returned to investors if for any reason the target property eventually isn't acquired
Step 4:
Once all funds have been deposited into the bank trust account, Fedenni homes will go ahead and for a limited liability partnership with Fedenni homes as general manager while all other co-investors are designated limited partners.
Step 5:
We acquire the target property, renovate and resell for a profit or rent it out. What we do with the property will depend upon the investment goal.
Step 6:
Distribution of profit/dividend to co-investors.
And that, my friends, is how we are doing it.
In conclusion, real estate is one asset class that has stood the test of time. If you are really interested in accumulating wealth then you need to consider this class of asset. Its far more profitable that stocks and bank deposits in Nigeria. Real estate is a great way to create multiple income streams, plan for retirement, create emergency funds and even save up for your kids university education. You can't go wrong with real estate investment
If you want to begin the life changing experience of real estate investing then:
CALL US TODAY @ 08110346512 OR WHATSAPP US @ 08110346512.
ASK FOR UGOCHUKWU OKAFOR.
