Hello All,
I know of someone from Benin who is into REAL ESTATE. He wants to divert his investments into other sectors. What can he do ?
He has up to 70 Million Naira to invest. As a realtor, he owns a property in one of the upscale commercial roads in Benin City(GRA).
He has contemplated becoming a distributor for one of the big electronics brand(NOT LG). But he has this feeling he will not be able to compete with the LG shops as LG products are cheaper.
He doesn't mind going into manufacturing, but what will he manufacture ?. Farming might not be the best idea as the south south barely grows annual cash crops. I can't think of any.
His budget is flexible (He can make it a 100 Million from now till December if needed).

Please Nairalanders, i need your advice. Any bright partnership ideas are 100% welcomed. In as much as profit will be generated and he doesn't have to leave his beloved city (Benin City).

Real estate is good business. He should come to a suburb in Abuja. That money can get him somewhere good.

Real estate is still the best....

stboff:
Hello All,
I know of someone from Benin who is into REAL ESTATE. He wants to divert his investments into other sectors. What can he do ?
He has up to 70 Million Naira to invest. As a realtor, he owns a property in one of the upscale commercial roads in Benin City(GRA).
He has contemplated becoming a distributor for one of the big electronics brand(NOT LG). But he has this feeling he will not be able to compete with the LG shops as LG products are cheaper.
He doesn't mind going into manufacturing, but what will he manufacture ?. Farming might not be the best idea as the south south barely grows annual cash crops. I can't think of any.
His budget is flexible (He can make it a 100 Million from now till December if needed).

Please Nairalanders, i need your advice. Any bright partnership ideas are 100% welcomed. In as much as profit will be generated and he doesn't have to leave his beloved city (Benin City).

why not buy lands along Uniben and build hostels? I am based in Benin and I wouldn't mind him teaching the rudiments of realestate. Can you help? I don't need anything but to teach me. I don't mind meeting him


Another area is self-contain. It's hot cake but quite underserved in Nigeria.

I have another area I could suggest but I can't expose it here on nairalander. It's left for him to run with the idea or not.

Thanks.

2sex:
why not buy lands along Uniben and build hostels? I am based in Benin and I wouldn't mind him teaching the rudiments of realestate. Can you help? I don't need anything but to teach me. I don't mind meeting him


Another area is self-contain. It's hot cake but quite underserved in Nigeria.

I have another area I could suggest but I can't expose it here on nairalander. It's left for him to run with the idea or not.

Thanks.

Cool, however he doesn't want anything to do with Real Estate. He is already a guru in that area. He has some hostels he is managing in Ekosodin and Osasogie. He builds, furnish and resell at a very high cost.
Real Estate is very profitable, you just need the contacts. (BIG CONTACTS). The moment you establish your name (ONE LAND DISPUTE CASE can spoil your reputation for good) you are good to go.
PM and let me know your interest in real estate. I might link you to one or two persons.

stboff:

Cool, however he doesn't want anything to do with Real Estate. He is already a guru in that area. He has some hostels he is managing in Ekosodin and Osasogie. He builds, furnish and resell at a very high cost.
Real Estate is very profitable, you just need the contacts. (BIG CONTACTS). The moment you establish your name (ONE LAND DISPUTE CASE can spoil your reputation for good) you are good to go.
PM and let me know your interest in real estate. I might link you to one or two persons.

I get it. Varieties makes it awesome.

I just sent a PM. You may check your junk folder if you don't see it thought.

Thanks.

stboff:
Hello All,
I know of someone from Benin who is into REAL ESTATE. He wants to divert his investments into other sectors. What can he do ?
He has up to 70 Million Naira to invest. As a realtor, he owns a property in one of the upscale commercial roads in Benin City(GRA).
He has contemplated becoming a distributor for one of the big electronics brand(NOT LG). But he has this feeling he will not be able to compete with the LG shops as LG products are cheaper.
He doesn't mind going into manufacturing, but what will he manufacture ?. Farming might not be the best idea as the south south barely grows annual cash crops. I can't think of any.
His budget is flexible (He can make it a 100 Million from now till December if needed).

Please Nairalanders, i need your advice. Any bright partnership ideas are 100% welcomed. In as much as profit will be generated and he doesn't have to leave his beloved city (Benin City).

Bros,

Anytime, any-day I will recommend real estate, bros the money he has made in real estate in BENIN is small (with due respect), if he makes some 1B in Lagos or Abuja, then he will know real estate is the big thing. As a real estate lawyer, the number of properties that I have that are in the range of 500m and 1B are uncountable. The owners of those properties cannot but continue to invest in real estate.

Anyway, since you guys have made up your mind not to invest that money into real estate, there is no point over flogging it. The next big thing you should be thinking is IMPORTATION.

I have always loved this biz but had to stop it due to location and i think contact. I stay in Suleja not too far from Abuja. Can someone give me an insight on how i can make it with real estate over here?

Presently my husband was given properties to sell but the right contact is a problem. One thing is certain some people stay here and work in Abuja. If I had capital i will build and rent or sell to these Abuja people. But as the capital no dey nko? Please advise me. Thank you.

#speechless# i rili dnt know what to type. #faints# sumbody pour me water abeg

If he doesn't know have a plan for what to do with the proceeds of the real estate sale then he should not be thinking of selling it. The decision to sell should come after discovering a profitable business that needs a lot capital. He's putting the cart before the horse and that's a bad sign.

Seun:
If he doesn't know have a plan for what to do with the proceeds of the real estate sale then he should not be thinking of selling it. The decision to sell should come after discovering a profitable business that needs a lot capital. He's putting the cart before the horse and that's a bad sign.

[b]
Exactly, I think he should do his market survey and check where his interests lies just like naijacutee said.

I once read an article by Econet Wireless CEO ~ Strive Masiyiwa; how that someone introduced him to a highly profitable diary farm business and after going through the nitty gritties of running the business, he came to a conclusion that it was much more easier for him to run a multimillion dollars telecoms company than to run a diary farm.

Seeing the prospects in the business and the high profit margin over the years, he opted to be a major shareholder, which of course means taking the easier route while those who were currently managing it at the time continued with it.

But the owner wanted out of the business totally because he wanted to go into something else. While I kept trying to wrap my hands around why someone who had a profitable business with everything seemingly going well for him would want to just sell off, I was astounded at the fact that Strive Masiyiwa didn't buy the diary farm.

Paraphrasing his words, he said it was a bigger risk buying into a business he termed as more complicated and one he had little understanding about. It would actually take him time to understand fully how to run the business. Time he didn't have because the owner wanted sell ASAP.

Taking a cue from Strive, I would say understand the terrain you are about to jump into before making a move.




[/b]

yebo36:
I have always loved this biz but had to stop it due to location and i think contact. I stay in Suleja not too far from Abuja. Can someone give me an insight on how i can make it with real estate over here?

Presently my husband was given properties to sell but the right contact is a problem. One thing is certain some people stay here and work in Abuja. If I had capital i will build and rent or sell to these Abuja people. But as the capital no dey nko? Please advise me. Thank you.

smart woman. Well it doesn't have to be Abuja na, does it?

kinglekan:


[b]
Exactly, I think he should do his market survey and check where his interests lies just like naijacutee said.

I once read an article by Econet Wireless CEO ~ Strive Masiyiwa; how that someone introduced him to a highly profitable diary farm business and after going through the nitty gritties of running the business, he came to a conclusion that it was much more easier for him to run a multimillion dollars telecoms company than to run a diary farm.

Seeing the prospects in the business and the high profit margin over the years, he opted to be a major shareholder, which of course means taking the easier route while those who were currently managing it at the time continued with it.

But the owner wanted out of the business totally because he wanted to go into something else. While I kept trying to wrap my hands around why someone who had a profitable business with everything seemingly going well for him would want to just sell off, I was astounded at the fact that Strive Masiyiwa didn't buy the diary farm.

Paraphrasing his words, he said it was a bigger risk buying into a business he termed as more complicated and one he had little understanding about. It would actually take him time to understand fully how to run the business. Time he didn't have because the owner wanted sell ASAP.

Taking a cue from Strive, I would say understand the terrain you are about to jump into before making a move.




[/b]

impressive! Learnt something new

Contact me for innovative business ideas.
1 milla per idea

2sex:
smart woman. Well it doesn't have to be Abuja na, does it?

No it must not be Abuja. But they are the ones that stay in the best houses here. Any tips you can offer? Believe me you need to see the hold up in the evenings when this Abuja workers are returning home.

If I was capable, I will do what the state government has failed to do.

yebo36:


No it must not be Abuja. But they are the ones that stay in the best houses here. Any tips you can offer? Believe me you need to see the hold up in the evenings when this Abuja workers are returning home.

If I was capable, I will do what the state government has failed to do.

you are right. Real estate is a must for smart people. I don't have any tip o.

Rice importation business. i guarantee fast profit making
for more let talk on whatsapp:07062707991

Hmmm... Real estate

let's invest for you.from 3months to one year at 15% interest at aiico capital.my number 08185199332

Yebo36

Before I give concrete advice, let me ask you 1. What kind of properties does your husband have for sale,? Lands or houses?
2. How much capital do u think u need to venture into real estate

yebo36:
I have always loved this biz but had to stop it due to location and i think contact. I stay in Suleja not too far from Abuja. Can someone give me an insight on how i can make it with real estate over here?
Presently my husband was given properties to sell but the right contact is a problem. One thing is certain some people stay here and work in Abuja. If I had capital i will build and rent or sell to these Abuja people. But as the capital no dey nko? Please advise me. Thank you.

stboff:
Hello All,
I know of someone from Benin who is into REAL ESTATE. He wants to divert his investments into other sectors. What can he do ?
He has up to 70 Million Naira to invest. As a realtor, he owns a property in one of the upscale commercial roads in Benin City(GRA).
He has contemplated becoming a distributor for one of the big electronics brand(NOT LG). But he has this feeling he will not be able to compete with the LG shops as LG products are cheaper.
He doesn't mind going into manufacturing, but what will he manufacture ?. Farming might not be the best idea as the south south barely grows annual cash crops. I can't think of any.
His budget is flexible (He can make it a 100 Million from now till December if needed).

Please Nairalanders, i need your advice. Any bright partnership ideas are 100% welcomed. In as much as profit will be generated and he doesn't have to leave his beloved city (Benin City).

One business that is profitable is PUBLISHING. There is this publication that is in hot demand right now. I will discuss further if you or your friend is interested. Partnership..... that works!

opalu:
Yebo36

Before I give concrete advice, let me ask you 1. What kind of properties does your husband have for sale,? Lands or houses?
2. How much capital do u think u need to venture into real estate market

He has houses, land and one hotel.

Secondly talking about how much i need will depend on the location. I have a large heart for this already know my target market but with 8 to 10 m i can start small. I will really appreciate your advice. Thank you.

He can try entertainment. It brings crazy returns, music or movie industry or media industry. He can venture into oil business. He. Can put into the fashion industry another money spinner.