Category: Building & Properties

Agency Reporter

A real estate firm, Lifepage Group has rewarded the winners of its Millionhomes bounty offer with cars, apartments, and a trip to Dubai.

In commemoration of the nation’s 60th independence anniversary, Millionhomes, a subsidiary of Group, announced a 60 days independence bounty offer where anyone who subscribes to her products with a minimum of N100,000 stands the chance of winning fantastic prizes like a two-bedroom apartment, an all-expense-paid trip to Dubai, home furnishings, and a car.

Rewarding the lucky winners, an event tagged ‘the gratitude party’ was held on December 3, to celebrate outstanding clients, members of staff, marketing partners as well as investors.

Four lucky winners went home with a Toyota Forerunner car, Home furnishing, an all-expense-paid trip to Dubai, and a 2-bedroom apartment each. Also, four top marketing partners were presented with a 2-bedroom apartment, Exotic cars, while 18 other excellent partners won a couple’s getaway at a resort.

Presenting the prize, the Group CEO of Lifepage Group, Oladipupo Clement urged participants to tap from the company’s promo.

READ ALSO: Guinness rewards trade partners

Clement said part of the company’s long-term goal is to create one million affordable, acceptable, and accessible homes across Africa.

“The company will continue to create more platforms to improve people’s standard of living, as well as help to fund their already existent lifestyle with her products and offers,” he said.

Managing Director of Millionhomes, Francis Ajilore emphasized that people should take advantage of the opportunities available. According to him, the launch of their latest housing project – ‘Orange Terraces’ in Millennium Estate Gbagada, alongside investment options, with up to 100 percent returns on investment is an offer that has never been heard of before.

Reiterating the importance of being a real estate investor, Opeoluwa Oni highlighted that “although people are changing and the market is fast-changing, the demand for real estate will continue to increase.”

By Samuel Oamen

Estate Surveyors And Valuers Registration Board of Nigeria (ESVARBON) has warned newly registered estate surveyors and valuers to shun any corrupt tendencies and uphold integrity in the course of their professional practice.

This counsel was given last week during the registration of 333 new members in Lagos.

Sir Nweke Umezuruike, the Board’s chairman, told the new entrants to always follow the path of integrity.

“Let me commend my testimony to you for emulation. Make integrity your watchword and you will go far in your professional pursuit.”

Umezuruike, who reminded the inductees on his years of service in the profession, said he did all not because of maney, but to ensure things were done rightly.

In his charge, Adamu Danladi Kasimu, the Board’s vice chairman, noted that, the Nigerian economic space had witnessed tremendous changes.

These changes, according to him, had elicited lots of challenges for practitioners of the profession both in the private and public sectors, saying there was need for dynamism in the way they are to be conducting their businesses.

Kasimu, who also chairs Investigation Panel of the Board, said that, the general rules of conduct issued by ESVARBON expect that every estate surveyor and valuer demonstrates to clients, consumers and the public high degree of honesty, integrity and professional standards that the Board proclaims, adding that, being able to show that you are qualified RSV or that your firm is regulated by the Board should be a basis for market confidence.

According to him, registered persons must demonstrate ethical behavior, competence, remain solvent and be ready to share credible information with the Board on matters of professional significance from time to time – feedback mechanism.

Revealing the impact of money laundering on the nation’s economy, the vice chairman warned estate surveyors and valuers against breaching due process under whatever guise.

“Bribery, corruption, money laundering, and terrorism financing – a critical but relatively ignored aspect of the practice is the requirement to comply with the national/international laws relating to bribery, corruption and money laundering. These are serious criminal issues in businesses. The International Monetary Fund (IMF) estimated that money laundering accounts for between 2 per cent to 5 per cent of the global GDP, equivalent to $800 billion to $2 trillion US dollars.

“You are therefore, expected to comply with all statutory requirements against these vices through proper registration of businesses and sometimes transactions reporting and effective archiving of records of customers via ‘Know your Customer’ (KYC) records.

“The arrest and conviction of any ESV by a court may lead to concomitant regulatory disciplinary proceedings by the Board for misconduct. The Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices Commission (ICPC), Nigeria Financial Intelligence Unit (NFIU), Special Committee Against Money Laundering (SCUML) and other statutory bodies are monitoring you and your transactions. Let’s be very vigilant, Kasimu charged.

“Accordingly, be very careful of the Board’s regulations especially those relating to interfering with another ESV’s brief. The Board frowns at unhealthy rivalry and stiff competition for brief amongst members,” he counseled.

The vice chairman, who reminded the new entrants of both the Board’s and NIESV’s membership of the IVSC, urged them to adhere to the tenets of International Ethics Coalition (IEC), which include acting with integrity, always providing a high standard of service, acting in a way that promotes trust in the profession, treating others with respect and ready to take responsibility for their actions.

“Every ESV is supposed to operate within the set rules and practice directives set by the Board from time to time. Specifically, in relation to valuation, adherence to minimum performance benchmarks/templates for valuation reporting is mandatory” he said.

Ifeanyi Uzonwanne, registrar of the Board, who expressed delight over the number of the inductees, said the newly registered estate surveyors and valuers would significantly add value to the nation and the profession.

He urged them to practice their profession of estate surveying and valuation according to the rules and codes, as stipulated by the Board.

Our Reporter

In a bid to reduce the housing deficit around the country, the Federal Government, through the Ministry of Works and Housing, has partnered with Pinnacle Step Construction and Properties Limited and real estate giant, MI Okoro and Associates.

In a recent press statement issued by ace real estate surveyor and valuer, Meckson Okoro, the partnership will see to the building of over 2,000 housing units in Ugbolu in Asaba Delta State and comes on a Public/Private Partnership basis, as brokered by the Minister of Works and Housing, Babatunde Fashola.

“It is expected that Ugbolu in Asaba Delta State will witness the development of close to 2,000 housing units of various categories whose contract was consummated about six years ago between the Federal Ministry of Works and Housing selected well-profiled developers and Pinnacle Step Construction and Properties Ltd is just one out of ten developers. The Ministry honoured her own part of the contract under the PPP arrangement by acquiring about 100 hectares of land; done the roads and tarred same, provided electricity poles with all the electric wires connected and other infrastructural developments, then shared the land to the 10 developers for the construction of the houses but, unfortunately, none of the developers have been able to meet up with his own part of the deal because of lack of development finance,” Okoro said.

However, the Managing Director, CEO of Pinnacle Step Construction and Properties Limited, Engineer Chizoba Udegbe, appears to set his company on the path of history when he consulted a real estate surveyor, valuer and consulting guru, Dr Meckson Innocent Okoro, who perfected a real estate development funding deal with Amaechi Ndili who is the Chairman and CEO of Property Development subsidiary, Ndili Education Science and Technology Limited (NEST) and who doubles as the Founder and Chairman of Golden Tulip West Africa, the largest hospitality industry in West Africa.

Okoro continues: “In other words, history was made yesterday, December 6, 2020 in Lagos when Dr. M.I. Okoro brokered the signing of Memorandum of Understanding (MoU) between property subsidiary, Ndili Education Science and Technology Limited, ably represented by Dr. Amaechi Ndili as sole financier and Development Partner of Nigerview Estate in Ugbolu Asaba, Delta State. Pinnacle Step Construction and Properties Limited, the original allottee of the development site by the Federal Government of Nigeria also represented by the MD/CEO, Engr. Chizoba Udegbe while Principal Partner/CEO of M.I. Okoro and Associates signed as sole marketing agent of all houses to be developed within the Nigerview Estate, though M.I. Okoro and Associates is already partnering with Ventolite Marketing International Company Ltd and NEST Ltd to ensure faster sales of the expected houses.

“The main thrust of the executed MoU is that physical construction at the Ugbolu site where the Nigerview Estate is located will commence on January 21, 2021. The beauty of the funding arrangement is that our funding partner does not require bank loan of any type for the construction of these houses and therefore between January and May 2021, Deltans and other investing public will have a lot of homes to buy from our consortium in Ugbolu, Asaba. Our happiness is that our financier and Development Partner, Dr. Amaechi Ndili is not just a hospitality investment guru, he is also a major player in the oil industry and offshore operational activities including fleet of ships in the high sea that aid oil operations and lifting.

“Therefore, we are confident that his company will bring their enormous goodwill and financial resources to bear in the arrangement and towards ensuring that finance is never a problem again in the development of these houses. Furthermore, our financier and development partner is from Ugbolu Community in Asaba and therefore has emotional attachment for the development of Nigerview Estate which he believed would help the State Government in generating internal revenue, by way of taxation in real estate as well as provide homes for many Deltans of both home and abroad, plus a lot of employment opportunities for the Deltan youths who may like to pick up some jobs. No doubt, Asaba as a state capital will benefit a lot from the development of Nigerview Estate especially when the 2nd Niger bridge that is under construction is completed, the usual traffic jams along Onitsha-Asaba road will drastically reduce by 85%, therefore Asaba town will create home for many Deltans and other Nigerians.

“The major highlight of the MoU include but not limited to the following:
Property development subsidiary, Ndili Education Science and Technology Ltd powered by Dr. Amaechi Ndili will ensure that construction activities will commence at the site on January 21, 2021; be responsible for financing and procuring all building materials and labour required for the construction activities and in conjunction with Pinnacle that the project moves in accordance with quality, time and agreed cost lines.

“Pinnacle Duties: Participate fully with his engineering and construction team in conjunction with Property Development Subsidiary, Ndili Education Science and Technology Ltd (NEST) team in the development of the Nigerview Estate; ensure that the allocated land upon which the project is to be built is available and accessible at all times; ensure that the relationship with the Federal Ministry of Works and Housing and is cordial, warm and supportive at all times and at no time will the allocation be withdrawn or threatened; solely responsible for the bringing of other developers who have been allotted development land under the PPP arrangement, who may like to come under our consortium umbrella; specifically negotiate terms under which the consortium shall be responsible for taking over the development of such undeveloped parcels.

READ ALSO: M.I Okoro partners NIESV on real estate growth, job creation

“M.I Okoro & Associates (Estate Surveyors and Valuers): Lead the sales and marketing efforts including devising sales strategies to attract buyers who will put down initial deposit as sign of seriousness to purchase the housing; preparing all the paperwork for selling and transfer of ownership of the sold/pre-sold units; setting up a sales office on the site and in Asaba with sales materials and brochures; designing and executing sales adverts; maintaining a database of potential buyers and ensuring a system of staying in constant touch with potential buyers on the database.

Some of the housing types to be developed within the Nigerview Estate are 2 bedroom Flats in block of 12 flats each; 3 bedroom flats in block of 6 flats each; 3 bedroom fully detached house plus BQ, 3 Bedroom Terrace Duplex with BQ in 4 per block units, 4 Bedroom fully detached House with BQ, 5 Bedroom fully detached house with BQ.

“From the above housing types, it is obvious that everyone who is really interested in purchasing a house has one to buy.

Although this year has been quite turbulent particularly with coronavirus pandemic, civil unrest and economic dislocations (downturn) etc, with the intervention of Dr. Amaechi Ndili in the area of funding the development of Nigerview Estate and signing of MoU between property development subsidiary, Ndili Education Science and Technology Ltd (NEST), Pinnacle Step Construction Properties Ltd and M.I. Okoro & Associates (Estate Surveyors and Valuers), we can conclude that this year is ending very well for us and with the commencement of construction at the site from January 21, 2021, we can rightly say that the year will start on a very good note for us and we can confirm that nothing is too big for God to solve. To God be the glory.”

Our Reporter

A positive mindset has served David Dodge well throughout his career.

Today, he owns over 50 rentals and plans to take his portfolio to over 150 properties in the next few years.

He and his team at “House Sold Easy” average from eight to ten wholesales per month, adding to over 500 houses wholesaled over the course of his career. David says, “I don’t believe in competition. I look at competitors as strategic partners that I can do deals with, buy deals from, sell deals to, or network with to learn the newest trends and or best practices.”

With these connections, David hopes to get his message out to any aspiring entrepreneurs who are considering entering the real estate industry.

Having gotten his start from the young age of 20 while attending the University of Missouri-Columbia, David had to learn many lessons the hard way, a fate he hopes to save others from by teaching them a better way. He says, “I was over 100 doors and then I had to sell off about half of them to buy out a partner and pay off a ton of bad debt that we had accumulated. But I’ll get back over 100 in a couple of years again, no problem. I know what not to do this time around.”

Leveraging his industry expertise, David has co-authored three books and even launched a podcast, “Discount Property Investor”, where he teaches people all the ins and outs of wholesaling real estate, along with tips and tricks for marketing, land-lording, and rehabbing properties. “I was inspired to get into this industry for a few reasons,” he explains. “I wanted passive income and tax advantages, but I also wanted to be my own boss. I wanted to have the freedom to travel and do what I wanted to do on my own timeframe!”

With over 17 years of experience, David credits his success to the mindset he has carried with him throughout his career. “Fear is just a mindset,” he says. “Success is also just a mindset. Everything is affected by mindset, both good and bad. It’s the most important thing.”

Our Reporter

In 2008, Jamil Damji lost everything he had been working on for close to a decade. The financial crisis had a crushing effect on his independent real estate business, forcing him to briefly work in the comedy industry. But, not to be deterred, he was soon back in the real estate industry. “I believe mindset is everything,” he admits.

“I have strong convictions that our outer lives are a reflection of our inner lives. Meaning, if your current life experience isn’t ideal, it’s likely that you may need some inner optimization to get you vibrating at a higher level.”

Sensing an opportunity for business in Arizona in 2012, he moved there from Los Angeles to begin selling properties that had lost a bit of their values do to the financial crash. “Phoenix had ample opportunity to acquire undervalued real estate, and I quickly established myself as a power player in the space,” Jamil explains. In three years’ time, he had achieved as much as he could independently and realised that he needed a bigger team to achieve more success.

READ ALSO: How I scaled challenges of entrepreneurship – Jaysplash20

“By 2015 I had successfully completed hundreds of transactions with my long time business partner and sister Rahima Athari. Knowing we lacked the systems and infrastructure to scale our operation further, we partnered with Josiah Grimes and Hunter Runyon to form KeyGlee,” he says.

Today, KeyGlee is one of the biggest real estate business in America and it is also remarkably a product of Jamil’s vision and foresight. “The largest challenge I faced starting KeyGleewas convincing a fragmented community of lone wolf investors that we could all do better through collaboration,” he says about changing other people’s mindsets. “When I entered the business there wasn’t a real cohesive real estate investor community. Since then, we have created a very special investor cultural environment. I’m proud of it.”

The leadership of the Chartered Institute of Public Resources Management and Politics, Ghana has inducted Chief Executive Officer of Adloyalty Business Network Dr Freeman Osonuga into its Fellowship Hall Of Fame.

He also received a special gold award for remarkable excellence in national/international economic development of Nigeria, unassailable management ingenuity and his trailblazing technocrat.

The Chartered Institute of Public Resources Management and Politics, Ghana, established in May 1995 is an international institute professionally structured to strategically advance entrepreneurship proficiency, cultivate management excellence, and enhance the drive towards zero tolerance for corrupt practices in the various sectors of a nation’s economy, both in the public and private sector.

The Special Gold award was presented by the governing council and advisory board from the institute led by the Executive Director, Dr. Richard Aquate.

Aquate stated the award is given to any individual who has consistently demonstrated uncommon professional acumen, incorruptible track records of excellent integrity in nation-building, outstanding resourcefulness, exemplary service delivery, corporate productivity and leadership dexterity.

He said Osonuga is a multi-dimensional entrepreneur, a high-value business executive whose name is synonymous with integrity.

Vice President of the institute Ambassador Tom Ohikere, a United Nations Peace Ambassador and incumbent chairman of Africa Electoral Media Congress, stated the institute is very proud of Freeman’s national service and niche he has carved for himself in the real estate sector.

Ohikere urged Osonuga to see the recognition as a motivation to re-dedicate himself and continue with the good services to the nation and humanity in general which he has always been known for.

Reacting to the gesture, Osonuga appreciated the institute for recognising his works and promised to continue his selfless service.

He pledged to continue to remain faithful, loyal, and honest to his country as an ambassador and distinguished compatriot.

By Okwy Iroegbu-Chikezie

A property Developer, Adron Homes has spread her tentacles from the traditional South West to Port Harcourt, Abuja and other Northern States of Nigeria.

In a chat with the media in Lagos, Adron Homes Executive Secretary, Mr. Ayo Ojo-Omoniyi, said it is a strategic move to reach the rest of the country with their tasteful designs, finely finished houses and competitive offers.

In a launch of their latest offer dubbed ‘ Lemon Friday’, he revealed that they are offering as high as 40 per cent discount on all their products.

He further said the Lemon Friday campaign is best time to for Nigerians to start journey of becoming a Landlord.

“The discount is in line with the company’s dedication to continuously give customers opportunities to be homeowners through discounts, royalty rewards and friendly payment plans. For this year’s Lemon Friday sale, customers would enjoy up to 40 per cent discount on all estates in Ikorodu, Epe, Atan-ota, Ibeju Lekki, Badagry, Ijebu Ode, Shimawa, Abeokuta, Osun, Abuja, Nasarawa and Keffi respectively.

“For every purchase you make, you’d be getting a great deal that Adron is best known for. Customers can pay as low as N25, 000.00 initial deposits and enjoy up to 36 months payment plan on all properties. This means you could make payment at your pace and within your budget because at Adron Homes, for every budget; there is a piece of land for you in all our estates” , he added.

Earlier, Director, Sales and Marketing, Adron Home, Mrs., Fiyaso Oloruntoba, stated as a result of festive season Customers would also be getting lots of mouthwatering gift items like Cows, Bags of Rice, Adron Seasoning Pack, Vegetable Oil, Electronics, Turkey and so much more with every purchase.

She explained that the company is also extending special offers on some of its premium products like Eko city subscribing to this Estate will enable each subscriber be entitled to a double door fridge and a choice of an additional item of either a 6 burner gas cooker, a 5KVA generator, a front loader automatic washing machine or a flat screen smart TV upon payment of an initial deposit.

Furthermore, she added that the newly launched estate of the company “New York Parks & Gardens Keffi” is also eligible for this offer.

She also used the opportunity to unveil its three new brand Ambassadors, they include popular Nollywood actors and entertainers, including, Bolanle Ninolowo, Kazeem Ademibola and little landlady, Vanessa Jones.

One of the brand Ambassadors, Ninolowo, who was presented with IPhone and a Lexus Jeep, expressed his happiness to belong to the company family.

He advised Nigerians and his colleagues in the Industry to take the advantage of the offers and become homeowners’ stress free.

Agency Reporter

Clients of the new developing Amen Phase 2 were invited to a meet and greet to enable clients to know themselves.

Amen Estate phase 1 and Amen Estate phase 2 faced the Eleko Beach Road.

According to the General Manager Sales, Amen Estate phase 2 will be better than phase 1.

Amen Estate is a development by Redbricks Home International Limited, an independent but innovative firm, which has attracted some of the top construction and real estate professionals in Nigeria. Our team of architects, builders, and interior designers are committed to providing our clients with ambiance and dignity in estate living.

Our team has created a product that blends with the gracious architecture of the past with flexible and modern plans appropriate for today.

Steeped in a tradition of excellence. Amen Estate is on a completely new plane of quality taste and splendour in the Nigeria real estate sector, located in the Ibeju- Lekki axis of the Lekki Peninsula in Lagos. Amen Estate has set a high benchmark for comfort and convenience in Nigeria’s master-planned communities.

Designed to celebrate the grandeur of Nigeria’s rich architectural heritage.

Amen Estate phase 2 features serviced plots and houses with uninterrupted power, round-the-clock armed security, treated water, good drainage, street lights, good road network with 20% initial deposit.

Feedback forms were given to the invited guest to be filled and they presented the mark of the estate.. The clients were later taken to the estate to have an overview of the newly developed estate.

Our Reporter

Offering online courses and masterminds all over the world, Austin Rutherford and his team encourage aspiring entrepreneurs to take the leap of faith to get started in the real estate industry.

Although it took him sixteen months before turning a profit, Austin believes in the value of consistency, a lesson he hopes to pass down to those in his wake. He notes, “The business is 90% mindset and 10% tactics. I build up myself every morning, manifesting, affirmations, reading, journaling, working out. Your income will never outgrow you. You need to become the person you want to be before the money or success will ever show up there.”

As an agent, investor, and educator, Austin helps others sell, buy, and invest in properties. From a young age, he began trying his hand at any business idea he could come up with. After mowing grass, shoveling snow, and even making and selling jewelry for extra cash, he made enough money to invest in his first property at the age of 20. He says, “When I was 18, I read that 90% of all people who file a tax return with $1 million on it had real estate in their portfolio and I thought ‘Well, that is the way I’m going to get rich then.’”

READ ALSO: Lagos gets first eco-conscious real estate project

At 20, Austin invested in his first property and after a few years of hard work, flipped his first house for a profit of $107,000. Today, as a 27-year-old multi-millionaire, Austin is passionate about teaching others how to build their real estate businesses just as he did. Having seen the value of such an investment in his own life, he wants to return the favor, passing down the lessons he’s learned throughout his career. Through his real estate education company, Elevate, he’s doing just that. “I always wanted to give back to my family and help the people that helped me get to the position I am in today,” he says.

When asked about the obstacles faced along the way, he explains, “There are obstacles all day every day. I don’t think one is necessarily bigger than all of the others, I just think believing in yourself and being confident in yourself on a daily basis and knocking things out that you fear is huge. Getting started is always the hardest obstacle and taking that leap of faith.”

Looking to the future, Austin plans to continue growing this side of his business, building his personal brand in the process. To learn more about Austin, follow him on Instagram.

Our Reporter

When Jarrod Glandt was younger, he had everything needed to be a success: a great work ethic, youthful energy,drive, and an engaging attitude. But a distinct lack of goals scuttled what was a growing career in the online advertisements industry. After dropping out of school as a third year student to focus on this business, he experienced highs and lows.

For one, he became the number 2 sales representative in the United States of America, making over $150K a year, but things fell apart when the crowd he moved in with led him to lose his wealth and lose his drive.

After such a period of success, he moved back to Texas to work at his father’s farm.

“Almost nobody hits a home run their first at-bat, so be willing to fail as many times as needed to hit your big juicy goals.” Glandt says about that moment in his life. He, however, believes that many let fear define them. “Simply put, fear is the result of not knowing something. If you are willing to learn, you can eliminate fear.”

His aptitude to learn led him to famed real estate, Grant Cardone, who at the time offered him a job in his firm. It is an opportunity that Glandt grabbed with both hands, striving to take advantage of this opportunity. “Once I got a clearer picture on what I wanted out of life, how I was going to get it eventually revealed itself to me.”, Glandt says. “I knew that I had to evangelize Grant’s message to be sure that young folks coming up trying to make money didn’t have to suffer through the same frustrations and uncertainties that I had to.”

His work in the firm has been rewarded as he has a net worth of over $10 million and continues to do the hard work of building a world-leading firm at Grant Cardone Enterprises.