{"id":2918,"date":"2021-01-24T19:28:53","date_gmt":"2021-01-24T19:28:53","guid":{"rendered":"https:\/\/housematesnaija.com\/no-1-rule-of-real-estate-investing-in-nigeria\/"},"modified":"2021-01-24T19:28:53","modified_gmt":"2021-01-24T19:28:53","slug":"no-1-rule-of-real-estate-investing-in-nigeria","status":"publish","type":"post","link":"https:\/\/housematesnaija.com\/no-1-rule-of-real-estate-investing-in-nigeria\/","title":{"rendered":"No. 1 Rule of Real Estate Investing in Nigeria"},"content":{"rendered":"<p><iframe loading=\"lazy\"  width=\"580\" height=\"385\" src=\"https:\/\/www.youtube.com\/embed\/9_AloLsqOKs?modestbranding=1\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\n<br \/>The PLAR Rule of real estate investing is a vital rule that predicts the success of a real estate investment.<\/p>\n<p>P is for Purpose: Do you want to build a residential or a commercial property or you want to go into land banking.<\/p>\n<p>L is Location: The purpose of your investment determines the location of your investment. You should locate a residential investment in a location with good school district, low crime rate, good water supply e.t.c<\/p>\n<p>A is Amenities: An investor should consider the amenities available in a location before setting out to invest in that location. <\/p>\n<p>A residential property should be situated in a location with amenities like perimeter fencing, drainage, water supply and electricity. <\/p>\n<p>Commercial properties are to be in an area with good road network. This is because business owners are concerned about the ease of movement of goods.<\/p>\n<p>R for ROI: The ROI of an investor is greatly determined by the location of his investment. To know the ROI of a location, investigate the price trends of the neighboring properties.<\/p>\n<p>NOTE: ROI of a property is return on investment which is the future value of a property minus the present value.<\/p>\n<p>Novarick Homes Land in Ibeju-lekki and epe.<\/p>\n<p>Wazobia Courts Phase I and II<br \/>\nLocated at Bolorunpelu, Ibeju Lekki.<br \/>\nNeighborhood includes the lekki free trade zone, dangote refinery, proposed 4th mainland bridge, proposed international airport.<\/p>\n<p>Do you want this? <\/p>\n<p>Click here <\/p>\n<p>Nova Gardens<br \/>\nLocated at Ilara, epe lagos development. Neighborhood includes the epe alaro city, epe resorts and spa, St. Augustine university.<\/p>\n<p>Do you want this? <\/p>\n<p>Click here <\/p>\n<p>Contact for further enquiries and expert advice.<\/p>\n<p>0903 124 8152<br \/>\nbibrahim@novarickhomes.com<br \/>\n<br \/><a href=\"https:\/\/www.youtube.com\/watch?v=9_AloLsqOKs\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The PLAR Rule of real estate investing is a vital rule that predicts the success of a real estate investment. P is for Purpose: Do you want to build a residential or a commercial property or you want to go into land banking. L is Location: The purpose of your investment determines the location of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[81],"tags":[],"_links":{"self":[{"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/posts\/2918"}],"collection":[{"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/comments?post=2918"}],"version-history":[{"count":0,"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/posts\/2918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/media\/2919"}],"wp:attachment":[{"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/media?parent=2918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/categories?post=2918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/housematesnaija.com\/api\/wp\/v2\/tags?post=2918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}