My name is Adebisi Adebisi, am a real estate coach, consultant, director of a real estate company in Lagos Nigeria.

Have been into Real estate business for more than ten years.

Will be teaching everyone who wants to know what real estate investing is all about. People who want to start Real Estate business, investors, consultant, etc

Likely topic to talk about is legal documentation on real estate, Advantage and disadvantages, Type of Real estate market, Mortgage, traditional valuation, investment decision etc.

We will be starting the class by knowing the advantages and disadvantages of Real Estate investment.


CHAPTER 1
THE ADVANTAGES OF REAL ESTATE INVESTMENT

Low rick compared to other investments: there is always a demand for land a real estate, is you do your due diligent and look at good geographic area, stability of the market, you should do fine. the value of land usually does better then inflation. Minimal starting capital: You can purchase real estate for a low as 10% downpayment, which is called HIGH RATIO FINANCING. Investment skills can be easy: compared to other investments, buying your own property can be easy. it mostly take motivation, drive, and desire of knowledge,

Using leverage:

Leverage is using small amount of your own money and borrowing the rest. USING OTHER PEOPLE MONEY (OPM). for example the high ratio financing, you borrowing 9 times the money you put in and for the lender its not risky because generally property is secure.

Appreciation: the growth of value over time.

Equity buildup: when you pay your mortgage you pay the principle over time. the amount of clear value in the property that does not include the money owed. Inflation Hedge: the value of property appreciates more the regular inflation, although when getting a mortgage your paying in inflation dollars which over time you will make up with raises towards inflations. Tax advantages: some advantages are, tax free capital gain on your principle property, ability to write off a portion of a home based business income against, write off depreciation of building against income.

Income potential:
property at the right value can give you potential income Attractive return on investment: the return on most real estate investment are usually quite high, Increasing demand for land: due to the increase rate of population and decrease of supply the demand for land is getting larger and larger.

DISADVANTAGES OF REAL ESTATE INVESTMENT

subjective feeling:
some people make bad decisions based on there emotions rather then being prepared. Lack of liquidity: you can not turn your real estate investment into quick cash. You need a buyer in order to sell Extended holding period: most real estate investments are held for a long period of time like 5-10 years before you can make some money Potential high risk: without doing your due diligent your risk can be high, but following the steps in the book the rick can be also very minimal
The lack of comparisons: because no two property are the same you really can not compare. Exposure to government control: the government has quite of bit of control on real estate for example rent control, zoning laws, use of property and building codes. Different types of tenants: personal tenant, commercial tenant, others example you buy land and rent the land.