As the subject line states, is there still a profit to be made in building hostels for Tertiary institutions.
I am in it for the long term

hello

i must tell you that it is a good investment,theres only one barrier and that is when you allow families or friends to manage the property for you.

i will strongly advise you to get professionals(Estate Surveyors/valuers) to manage the investment for you and you will forever be grateful.



regards

Mr Jacob
Estate surveyor/valuer
RCO Properties & Co
3-5 sinari Daranijo Victoria island LAGOS
08036282162

Nothing from anyone

Sorry estman, I failed to see your reply.

I have some land already and a bit of money (quite little), what is the likely hood of a bank providing extra funding?
and getting the three institutions close by to recomend my hostels

well it will be more better if you tell me the institutions you have in mind,though i want to believe that the lands you have already are close to the institutions you have in mind for the hostel investment.

this is a good investment if you follow all dilligence in approaching it.meawhile for the banks that give you extra funding,that will not be a problem as far as your project will be viable,because the bank will like to conduct a viability appraisal on the project before dishing out money.

so tell me where the schools are and i will advise you further.

God bless

Hi estman, please what is your email address?

you got it all wrong, what about you try making a deal with the school or talking with someone with the school to see if there is actual a demand for hostels. and yes do not email anybody the location of the institutions because they might try to steal your idea.

hello realnaija
my email is jacobproperties@yahoo.com

and for Mr sunnyjz

i hope you read all my post and see that i advised him from a very professional opinion adn you know that as an Estate surveyor i dont build houses but all i do is to manage them properly for the owners or cordinate a project from inception to completion.

permit me also to indulge you that i studied estate management for 5yrs in the university and 2yrs probationer,so my professional inegrity is not in doubt and please stop insinuating evil imaginations as a quack which i dont beleive you are.

mr realnaija is only asking for our professional opinion and i only expect you to give him that and please try and protect our noble profession.

i dont mean to insult you but sincerely i dont like your last paragragh
and yes do not email anybody the location of the institutions because they might try to steal your idea.

sorry you took my comments the wrong way i was just trying to protect him and his ideas. once again, i didnt intend to make anybody look like a fraud. i will do a better job next time to avoid this kind of confusion.

Thank you all, and God bless,

Estman I will email you later today

By the way the land is not in Lagos but the south south

Hostel investment is still very lucrative if it is in a good location really don't know much abt south south.

Hi Estman,

I have tried to email you twice today, but I get an undeliverable message

In case you are interested in letting us help you obtain land around Lautech- Ladoke Akintola University in Ogbomoso for hostels, pls call 08066088816/07055509118. Our clientele include individuals and institutional investors. We are very professional. For free investment advice, call d above lines or mail us omo310ife@yahoo.com

realnaija:

Hi Estman,

I have tried to email you twice today, but I get an undeliverable message

TRY cruisebigger@yahoo.com or jacobproperties@yahoo.com