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LIAISON / PUBLIC RELATION OFFICER at Bradfield Consulting TAX MANAGER at Opone Johnson and Co HR Intern at Total Health Trust Warehouse/Fleet Officer at Danish Refugee IT Asset Management Associate at Jumia https://joblagos.com |
Sales Executive at Maersk Line https://joblagos.com/jobs/sales-executive-at-maersk-line/ Teller at Standard Chartered https://joblagos.com/jobs/teller-at-standard-chartered/ |
Finance Assistant at Qatar Airways https://joblagos.com/jobs/finance-assistant/ Packaging Sourcing Specialist at Mondelēz International https://joblagos.com/jobs/packaging-sourcing-specialist/ Resident Construction Engineer (M/F) at Louis Berger https://joblagos.com/jobs/resident-construction-engineer-mf-at-louis-berger/ |
Client Service Executive at Total Health Trust https://joblagos.com/jobs/client-service-executive-at-total-health-trust/ Logistics and Admin Officer at Danish https://joblagos.com/jobs/logistics-and-admin-officer-at-danish/ Quality Specialists at SABMiller https://joblagos.com/jobs/quality-specialists/ Hygiene Specialist at SABMiller https://joblagos.com/jobs/hygiene-specialist-at-sabmiller/ Project Officer – West Africa at Nottingham Trent University https://joblagos.com/jobs/project-officer-west-africa-at-nottingham-trent-university/ Finance Manager – FMCG at Mindfield Resources https://joblagos.com/jobs/finance-manager-fmcg-at-mindfield-resources/ High-Value Relationship Executive at Airtel https://joblagos.com/jobs/high-value-relationship-executive-at-airtel/ Head Acquisition at Airtel https://joblagos.com/jobs/head-acquisition-at-airtel/ Head, Human Resources & Admin at Lagos Business School https://joblagos.com/jobs/head-human-resources-admin-at-lagos-business-school/ ACCOUNT EXECUTIVE at Stresert https://joblagos.com/jobs/account-executive-at-stresert/ |
BRAND EXECUTIVE at Lead Way Pensure / Sales Rep South East at Syngenta etc ACCOUNT OFFICER at Reddington Hospital https://joblagos.com/jobs/account-officer-at-reddington-hospital/ RESEARCH ANALYST at Lead way Pensure https://joblagos.com/jobs/research-analyst/ BRAND EXECUTIVE at Lead Way Pensure https://joblagos.com/jobs/brand-executive/ CORPORATE AFFAIRS (SALES AND MARKETING) at Reddington Hospital https://joblagos.com/jobs/corporate-affairs-sales-and-marketing-at-reddington-hospital/ Executive Marketers at Megatek ICT https://joblagos.com/jobs/executive-marketers-at-megatek-ict/ Internship 2017 at SANKORE INVESTMENTS https://joblagos.com/jobs/internship-2017-at-sankore-investments/ Sales Representative South East at Syngenta https://joblagos.com/jobs/sales-representative-south-east-at-syngenta/ Technical Specialist at Tetra Pak International https://joblagos.com/jobs/technical-specialist-at-tetra-pak-international/ Regulatory Affairs Executive at GSK https://joblagos.com/jobs/regulatory-affairs-executive-at-gsk/ HR COORDINATOR – Rosetti Marino Group of Companies https://joblagos.com/jobs/hr-coordinator-rosetti-marino-group-of-companies/ Chief Of Staff at These Executive Minds https://joblagos.com/jobs/chief-of-staff-at-these-executive-minds/ Business Development Manager at LigoWave https://joblagos.com/jobs/business-development-manager-at-ligowave/ Account Receivable Supervisor at Le Méridien Tahiti https://joblagos.com/jobs/account-receivable-supervisor-at-le-meridien-tahiti/ Business Development Executives at Stanbic IBTC https://joblagos.com/jobs/business-development-executives-at-stanbic-ibtc/ Chief Accountant at Le Méridien Tahiti https://joblagos.com/jobs/chief-accountant-at-le-meridien-tahiti/ Assistant Technical Officer at FHI 360 https://joblagos.com/jobs/assistant-technical-officer-at-fhi-360/ Junior Account Manager at Dow https://joblagos.com/jobs/junior-account-manager-at-dow/ Breakwater / Geotechnical Engineer (M/F) at Louis Berger https://joblagos.com/jobs/breakwater-geotechnical-engineer-mf-at-louis-berger/ Engagement Consultant – Nigeria (Abjua or Lagos) at Digital Green https://joblagos.com/jobs/engagement-consultant/ General Manager at TMKG Consulting https://joblagos.com/jobs/general-manager-at-tmkg-consulting/ Good Luck. |
Finance Officer at Coffey https://joblagos.com/jobs/finance-officer-at-coffey/ Territory Account Manager at Informatica https://joblagos.com/jobs/territory-account-manager-at-informatica/ Coordinator at SightSavers https://joblagos.com/jobs/coordinator-at-sightsavers/ Communications Officer at Mott MacDonald https://joblagos.com/jobs/communications-officer/ Account Manager at Main One https://joblagos.com/jobs/account-manager/ Accountant (2-3 yrs experience) at Branch.co https://joblagos.com/jobs/accountant-2-3-yrs-experience-at-branch-co/ HSE Manager at GreenKey Facility Management Services https://joblagos.com/jobs/hse-manager-at-greenkey-facility-management-services/ Software Developer at Cirrusage https://joblagos.com/jobs/software-developer-at-cirrusage/ Senior Finance Specialist at Huawei Technologies https://joblagos.com/jobs/senior-finance-specialist-at-huawei-technologies/ Assistant Sales Engineer at Huawei Technologies https://joblagos.com/jobs/assistant-sales-engineer-at-huawei-technologies/ HR Assitant specialist at Huawei Technologies https://joblagos.com/jobs/hr-assitant-specialist-at-huawei-technologies/ Assistant Engineer at Huawei Technologies https://joblagos.com/jobs/assistant-engineer-at-huawei-technologies/ Assistant Product Engineer at Huawei Technologies https://joblagos.com/jobs/assistant-product-engineer-at-huawei-technologies/ Health, Safety and Environmental Expert at Louis Berger https://joblagos.com/jobs/health-safety-and-environmental-expert-at-louis-berger/ Good Luck!!! |
BUSINESS RELATIONSHIP MANAGER at ACCA https://joblagos.com/jobs/business-relationship-manager-at-acca/ Project Development Officer at IOM https://joblagos.com/jobs/project-development-officer-at-iom/ Presenters at RadioHouse17 – Lagos https://joblagos.com/jobs/presenters-at-radiohouse17-lagos/ Customer Care Representative at DonboscoNG.com https://joblagos.com/jobs/customer-care-representative-at-donboscong-com/ Online Marketers at DonboscoNG.com https://joblagos.com/jobs/online-marketers-at-donboscong-com/ Dispatch Rider at DonboscoNG.com https://joblagos.com/jobs/dispatch-rider-at-donboscong-com/ Front Desk Officer at SmartLink Resources https://joblagos.com/jobs/front-desk-officer-at-smartlink-resources/ HUMAN RESOURCE, INVENTORY OFFICER, Safety Manager, etc at Geoplex https://joblagos.com/jobs/human-resource-inventory-officer-safety-manager-etc-at-geoplex/ Transport Specialist at GMT Part of AMCS Group https://joblagos.com/jobs/transport-specialist-at-gmt-part-of-amcs-group/ Good Luck! |
Safeguarding Advisor at Girl Effect https://joblagos.com/jobs/safeguarding-advisor-at-girl-effect/ Project Development Officer at United Nation https://joblagos.com/jobs/project-development-officer-at-united-nation/ Resource Management Officer at United Nation https://joblagos.com/jobs/resource-management-officer/ Good Luck!!! |
Customer Care Associate at Bridge International https://joblagos.com/jobs/customer-care-associate-at-bridge-international/ CUSTOMER INSIGHT RESEARCH ASSOCIATE https://joblagos.com/jobs/customer-insight-research-associate-at-bridge-intl/ QUALITY ASSURANCE ASSOCIATE AT BRIDGE INTERNATIONAL https://joblagos.com/jobs/quality-assurance-associate-at-bridge-international/ Talent Acquisition Manager, Nigeria at Bridge International https://joblagos.com/jobs/talent-acquisition-manager-nigeria-at-bridge-international/ Real Estate Associate at Bridge International https://joblagos.com/jobs/real-estate-associate-at-bridge-international/ Quality Assurance Manager at Bridge International https://joblagos.com/jobs/quality-assurance-manager-at-bridge-international/ Ambassador at Bridge International https://joblagos.com/jobs/ambassador-at-bridge-international/ TEACHER AT BRIDGE INTERNATIONAL https://joblagos.com/jobs/teacher-at-bridge-international/ LEGAL ASSOCIATE AT BRIDGE INTERNATIONAL https://joblagos.com/jobs/legal-associate-at-bridge-international/ Good Luck!!! |
SOCIAL MEDIA SPECIALIST https://joblagos.com/jobs/social-media-specialist/ STOREKEEPERS https://joblagos.com/jobs/storekeepers/ INTERNSHIP NOTIFICATION AT NHL AND ITS MEMBER CLUBS https://joblagos.com/jobs/internship/ RAPID ASSESSMENT AND RESPONSE OFFICER AT IOM https://joblagos.com/jobs/rapid-assessment-and-response-officer-at-iom/ PROGRAM MANAGER EMERGENCY RESPONSE & RECOVERY AT CATHOLIC RELIEF SERVICES https://joblagos.com/jobs/program-manager-emergency-response-recovery-at-catholic-relief-services/ |
Outbound Call Center at Phillips Outsourcing – Lagos https://joblagos.com/jobs/outbound-call-center/ Customer Care Representative at Delivery Nerd – Lagos https://joblagos.com/jobs/customer-care-representative-at-delivery-nerd-lagos/ Dispatchers at Delivery Nerd – Lagos https://joblagos.com/jobs/dispatchers-at-delivery-nerd-lagos/ Social Media Executive at Delivery Nerd – Lagos https://joblagos.com/jobs/social-media-executive-at-delivery-nerd-lagos/ |
Customer Service at Phillips Outsourcing https://joblagos.com/jobs/customer-service-at-phillips-outsourcing/ Service Executives at Phillips Outsourcing – Lagos https://joblagos.com/jobs/service-executives-at-phillips-outsourcing-lagos/ SL Reports Assistant at Phillips Outsourcing – Lagos https://joblagos.com/jobs/sl-reports-assistant-at-phillips-outsourcing-lagos/ FX Trader at BitPesa Lagos https://joblagos.com/jobs/fx-trader-at-bitpesa-lagos/ Security Supervisor at IPI POWERTECH NIGERIA https://joblagos.com/jobs/security-supervisor-at-ipi-powertech-nigeria/ RETAIL SALES ASSOCIATE at AT DXL GROUP https://joblagos.com/jobs/retail-sales-associate-at-at-dxl-group/ Enterprise Channel Manager at Microsoft https://joblagos.com/jobs/enterprise-channel-manager-microsoft/ GOOD LUCK!!! |
Customer Loyalty & CRM at Arik Air https://joblagos.com/jobs/manager-customer-loyalty-crm-at-arik-air/ Engineered System Sales Executive at Oracle https://joblagos.com/jobs/engineered-system-sales-executive-at-oracle/ E-COMMERCE MANAGER at Arik Air https://joblagos.com/jobs/e-commerce-manager-at-arik-air/ Control & Instrumentation Engineer at Schlumberger https://joblagos.com/jobs/control-instrumentation-engineer-at-schlumberger/ |
Sales Representative (Osun – Ilesa) at Sab Miller https://joblagos.com/jobs/sales-representative-sab-miller/ Admin Assistant – Technical (Lagos) at Fan Milk – Job Lagos https://joblagos.com/jobs/admin-assistant-technical-lagos/ Administrative Officer at United Nations https://joblagos.com/jobs/administrative-officer-united-nations/ Account Leader at Halliburton https://joblagos.com/jobs/account-leader-halliburton/ Content Producer at Sponge Limited https://joblagos.com/jobs/content-producer-sponge-limited/ Solutions Specialist Modern Workplace at Microsoft https://joblagos.com/jobs/solutions-specialist-microsoft/ Software Developer at GMT Part of AMCS Group https://joblagos.com/jobs/software-developer-gmt-part/ Support Manager at Norwegian Refugee Council https://joblagos.com/jobs/support-manager-norwegian-refugee/ |
Exams Officer (Lagos & Port-Harcourt) at British Council https://joblagos.com/jobs/exams-officer/ Officer, Procurement Support at MTN https://joblagos.com/jobs/officer-procurement-support-at-mtn/ Graphics Designer at The Place https://joblagos.com/jobs/graphics-designer-at-the-place/ Management Consultant at The Place https://joblagos.com/jobs/management-consultant-the-place/ Security Officer at Renaissance Lagos Ikeja Hotel https://joblagos.com/jobs/security-officer-renaissance-lagos-ikeja-hotel/ |
Brand Activation Executive at Integrated Marketing Communications https://joblagos.com/jobs/brand-activation-executive/ Outbound Call Center at Phillips Outsourcing https://joblagos.com/jobs/outbound-call-center-phillips/ Freelance Business English Trainer at Learnlight https://joblagos.com/jobs/freelance-business-english-trainer-learnlight/ Service Executive at Phillips Outsourcing https://joblagos.com/jobs/service-executive-phillips/ Customer Service at Phillips Outsourcing https://joblagos.com/jobs/customer-service-phillips-outsourcing/ Good luck |
Sales Executives – EBC at Lagos Renaissance https://joblagos.com/jobs/sales-executive-ebc-lagos-renaissance/ Assistant Manager (Sales) at Source One LLC https://joblagos.com/jobs/assistant-manager-source-one/ Sales Managers at Source One LLC Lagos https://joblagos.com/jobs/sales-managers-source-one/ Good luck |
Food Technologist – Savoury (73603) at Givaudan Archivist at KPMG – Job description Accountant at BBC, Lagos Nigeria Technical Officer, Temporary Hire at FHI 360 Social Media Specialist at Buffer Media Limited Visit https://joblagos.com to apply!!! |
Admissions Representative / US based University / Telemarketing / Phone Sales / Career Counseling https://joblagos.com/jobs/admissions-representative-us-based-university/ Lead Front End Developer at Wakanow https://joblagos.com/jobs/lead-front-end-developer-wakanow/ General Managers at Sweetkiwi, Lagos Nigeria https://joblagos.com/jobs/general-managers-sweetkiwi-lagos-nigeria/ Rigger at Dangote Industries Limited https://joblagos.com/jobs/rigger-dangote-industries-limited/ Asset & Configuration Management Specialist at Dangote https://joblagos.com/jobs/asset-configuration-dangote/ Good luck!!! |
Lagos Business School Young Talents Programme 2017 External Job AnnouncementInternship Lagos, Nigeria July 18, 2017 View more Safety Officer (National Staff Only) at Danish Refugee External Job AnnouncementFull Time Maiduguri, Nigeria July 18, 2017 View more Clinical Consultant, Kwara Management Sciences for Health External Job AnnouncementFull Time Kwara, Nigeria July 18, 2017 View more Community Care Intern, Sokoto State External Job AnnouncementInternship Nigeria, Sokoto July 18, 2017 View more Operations Manager, Business Development at Lagos External Job AnnouncementFull Time Lagos, Nigeria July 18, 2017 Visit https://joblagos.com/ to APPLY |
SERVICE EXECUTIVES AT PHILLIPS OUTSOURCING Service Executives – Phillips Outsourcing – Lagos Description LOCATION: Lagos & Abuja DEPARTMENT: Consumer Marketing & SalesEDUCATIONAL QUALIFICATION: First Degree in Any FieldMINIMUM RELEVANT EXPERIENCE: 1-2 years in relevant (sales) job https://joblagos.com/jobs/service-executives-phillips-outsourcing/ ENGLISH INTERPRETER & TRANSLATOR (DEOKPYEONG FC) Coupang is one of the largest and fastest growing e-commerce platforms on the planet. https://joblagos.com/jobs/english-interpreter-translator-deokpyeong-fc/ SEXUAL REPRODUCTIVE HEALTH AND RIGHTS SECTOR MANAGER SEXUAL REPRODUCTIVE – Job description SEXUAL REPRODUCTIVE HEALTH AND RIGHTS SECTOR MANAGER At CARE, we seek a world of hope, tolerance and social justice, where poverty has been overcome and people live with dignity and security. https://joblagos.com/jobs/sexual-reproductive-health-rights-sector-manager/ GENDER AND PROTECTION ADVISER AT CARE GENDER AND PROTECTION ADVISER – Job description At CARE, we seek a world of hope, tolerance and social justice, where poverty has been overcome and people live with dignity and security. https://joblagos.com/jobs/gender-protection-adviser-care/ more... |
"I want to Sell my Property urgently online but I cannot find the best place to sell my properties". This is what we usually get from customers who really want to sell their properties fast. People post land for sale, house for sale, home for sale, property for sale on any site they see just because they want to sell fast and get their money quickly. We will always advise people to be aware of sites asking them to pay a fee before their properties can be listed on their sites. Some will ask you to pay to be listed on featured list. The only site that will not ask you to pay anything, yet allows you to post an unlimited number of properties for FREE and for a lifetime is https://propertycheck.ng. It is the Nigeria's number 1 Real Estate and Property Rental Portal. It is high time you started selling your properties fast without delay. Just upload, give details of your property, contact details and you are up immediately. They will not hide your contact details like phone number and email from customers. See some of the properties listed on their site for FREE by clicking --> https://propertycheck.ng/property-search/? |
Property – How to Sell My Property Without a Realtor Owning a home is one of the biggest investments most people ever make. When it’s time to sell your property, the standard practice is to find a real estate agent. After the sale, your agent and the buyer’s agent will share about 7% of the sale price as their commission, which amounts to a hefty portion of your equity being lost to the real estate agents. After buying and selling multiple properties, I eventually realized that I was paying the real estate agents too much money for something I could handle myself. I discovered how to sell a property while retaining significantly more equity than if I had hired an agent. What Does a Real Estate Agent Do? A real estate agent essentially does four things for his or her commission: Lists your house with the Multiple Listing Service (MLS) For FREE like https://propertycheck.ng. Markets your house through fliers, advertisements, and a website. Facilitates showings of your house and possibly hosts open house events. Acts as an intermediary when entering negotiations and accompanies you to the closing. After working with Realtors on several occasions, I decided to try selling a home on my own. Here are the steps to follow if you decide to forego using a real estate agent to sell your home: How to Be Your Own Real Estate Agent Selling Your Home 1. Price Your Home to Sell Before you list the property on the Multiple Listing Service (MLS) or anywhere else, make sure you’ve priced the home competitively. Use the Internet to get an idea of selling prices for comparable homes in your neighbourhood, and then price your house accordingly. It’s easy to get hung up on this step and, especially if you’ve lived in your home for some time, you may feel compelled to overprice the home. Don’t fall into that trap. Remember, the goal of this process is to sell your home, so make sure the asking price is realistic. 2. Obtain a Flat Fee Listing on the MLS The MLS is the most comprehensive list of real estate for sale available to Realtors, and in some areas, prospective buyers can also search for homes using the MLS. There are services that allow you to list your property on the MLS for FREE, like [url]propertycheck.ng[/url]. 3. Market Your Property In addition to listing the home on the MLS, advertise by putting up “for sale” signs, creating brochures, putting ads on https://propertycheck.ng/login-or-register/, and building a website to market the property. Marketing your properties on this site is totally FREE! 4. Hold an Open House You can also hold an open house to advertise the sale of your home. Advertise for the open house by posting signs in your neighborhood. Have some light refreshments available and set out brochures about the home that visitors can take with them as they leave. 5. Know Your Property’s Selling Points When writing your ad copy for websites or brochures, make sure to include basic information about the house, including the price, number of bedrooms, number of bathrooms, lot size, location, and of course the specific details that make the house special to potential buyers. Take a look at other listings on PropertyCheck.NG, Realtors’ websites and Yahoo! Real Estate to get a sense of what sort of details sellers and agents are including in their listings. You’ll quickly find out that features like granite countertops, stainless steel appliances, and oversized windows entice buyers. Determine what’s special about your home and highlight those features in your marketing efforts. 6. Prepare to Show Your House You will have to prepare your house for showings and open house events. Deep-clean the house, including scrubbing the kitchen counters and the appliances, shampooing the carpets, cleaning the linoleum, and stashing your keepsakes in a closet (i.e. house spring cleaning tips and checklist). The final result should be a home that’s squeaky clean and stripped bare of most personal items. 7. Show Your House You will have to place a key in a lockbox and answer calls from other agents or buyers. If you are at home during the day, you can show the house yourself. Otherwise, you will have to verify the identity of the agent before giving out your lock box combination. Another option is to find an a la carte real estate agent who will perform this function for a fee without asking you for a commission on the sale price of the house. After an agent shows your house, be sure to call to follow up on the showing. Some agents will share the buyer’s feedback with the homeowner, if they feel it won’t compromise their clients’ confidentiality. 8. Perform Your Own Negotiations Real estate negotiations take the form of a contract that is submitted to the seller. The seller can accept the offer, or revise the contract and submit it to the buyer. The process continues until both parties sign a contract. In most states, there is a standard contract for real estate purchases. If you are not familiar with the contract, you should have it reviewed by an attorney. Or, you can find a real estate agent that will perform this function with you for a flat fee. Having gone through this process before, I was able to consult with family members who were real estate agents and attorneys, and then negotiate with the other party to sell my home. Agents like to close deals quickly so they can get their commission, even if you don’t ultimately receive the price you want for your home. They may even inadvertently relay your negotiating position to the buyer. If you are a distressed seller, that is the last thing you would ever want an enthusiastic buyer to learn. Doing your own negotiating ensures that you do not give away important indications of your financial strengths and weaknesses. 9. Comply with All Laws in Your Area It’s critical that you comply with the laws in your area related to selling homes. Some laws are universal and will apply to the sale of your home no matter where you live. The Fair Housing Act stipulates that sellers cannot discriminate against buyers for reasons including race, religion, and sex. Contracts and agreements found online can help get you started on the selling process, but remember, those forms aren’t specific to your unique situation. It’s best to have a real estate attorney review all documents and contracts related to the sale of your home. Final Word Selling a home is not for everyone. Many people will not have the time or the patience to deal with the process. And for some, if the listing price is low enough, the potential savings might not be worth the time and effort necessary to sell the house without a realtor. Whatever the case, if you are planning to list your home, at least consider the great savings you could enjoy by selling the house on your own. If you know just a little about real estate, and you can put forth the effort to do a good job, you can save a tremendous amount of money by selling your own property. This Tips on how to be a good landlord will also help you, if you do not have a property of your own or are planning to acquire one soon. Have you been through the process of selling your own home? What are your best tips for selling a home without an agent? |
Getting Notice To Vacate Can Come As A Nasty Surprise For Tenants, But It Doesn’t Have To Be All Bad News. Landlords can ask tenants to leave before a lease ends if conditions of the lease have been broken. Each state has different laws stipulating the rules around this, but it usually boils down to common sense. If the rent is overdue, the property has been damaged or the property has been used for illegal purposes, the landlord is likely to have the law on their side. Compensation But if the landlord simply wants to sell the property, the tenant has the right to demand sufficient notice and can even ask for compensation. Investment property advisors say landlords commonly sell properties so they can live in them or to ease financial pressure. Who To Call If the tenant is happy to move, the first point of call should be the leasing agent. Agents can help tenants find another property and keep them informed of new rentals coming on to their list. For easy access to vacant apartments on the go, if your agent is out of reach, quickly visit https://propertycheck.ng and get the various apartment with best deals. Crossley says agents are particularly motivated to help good tenants. “The agent may not want to lose that tenant to another real estate agency if they’re a good tenant,” he says. Rights & Responsibilities Before landlords issue notices to vacate or tenants dispute such notices, both parties need to consult their state or territory laws. Emma Heuston, the principal lawyer at LegalVision, says each party has rights and responsibilities. “The notice period will be dependent on the term of the lease and the reason for the termination and this does vary from state to state,” she says. “The common thing with each state and territory residential tenancy act is there is a right to appeal to a tribunal specific to that state or territory.” There is a fee and usually, the tribunal will encourage both parties to mediate beforehand to avoid a hearing. |
Investing In Rental Real Estate Looks Like A Great Idea On Paper. You Just Buy A Place In A Nice Area, Find Tenants And Let The Cash Roll In. However, There Are Some Matters You Have To Consider Before Buying A Property And Putting A “For Rent” Ad In The Newspaper. Here We Provide A Rundown Of The Pros And Cons Of Owning Rental Property And Give You A Few Tips On How To Turn A Profit As A Landlord. Advantages of Rental Real Estate For Landlord Many people who feel uncomfortable investing in financial instruments have no qualms about investing in real estate, as it is a tangible asset. This is a psychological distinction, as a bad stock and a bad rental property are equally capable of losing money, forcing you to sell for a loss. That said, here are the advantages that show up on paper: Current Income – This refers to the rent money that is left over after the mortgage and related expenses have been paid. Current income is basically monthly cash that you did not have to work for – your property produces it for you. Appreciation – This is the increase in value that properties generally experience as time passes. Appreciation is not guaranteed. However, if you own a property in a stable area (cities), the property will likely increase in value over the years. Even properties in sparsely-populated and less desirable areas may appreciate due to general inflation. Leverage – Rental properties can be purchased with borrowed funds. This means that you can purchase a rental property by putting down only a percentage of the total value. Essentially, you can control the whole property and the equity it holds while only paying a fraction of its total cost. Also, the property you purchase secures the debt rather than your other assets. You may lose the rental property, but you shouldn’t lose your own home. Tax Advantages – Your rental income may be tax-free if you do not receive net cash flow after expenses are deducted. This means that your mortgage is being paid down and you own more of the total value of the property (rather than just controlling it), but you do not pay taxes on the money that is doing this for you. In addition, you can also pull out tax-free money by refinancing your loan if the property appreciates and the interest rates have fallen. Lastly, you may be able to avoid paying taxes on the sale of a rental property if you sell it and reinvest the money in another property (called switching or tax-free exchange). Disadvantages Of Rental Real Estate Liability – What happens if a stair breaks under your tenant’s feet? With the increase in frivolous lawsuits and the impossible to quantify nature of “emotional distress,” liability can be a scary thing. Providing someone with shelter in return for money puts you and the tenant in a relationship where both parties bear responsibility. You have to be certain that the property you are renting out meets all government codes. Unexpected Expenses – What do you do when you pull up the basement carpet and find a crack that opens onto the abyss? It is impossible to prepare for every expense related to owning rental property, so there are bound to be some unexpected ones. Boilers, plumbing and fixtures often need to be replaced and are not prohibitively expensive. However, faulty wiring, bad foundations and compromised roofing can be very expensive to repair. If you can’t pay for repairs, you’ll be left without a tenant and with the grim prospect of selling the property at a significant discount. Also, as building codes evolve over time, lead paint, asbestos, cedar roofing tiles and other materials that passed inspection in the past may be reevaluated to your disadvantage. Bad Tenants – No one wants to have to use a collection agency to collect overdue rent. Unfortunately, almost every landlord has a story that involves police cars escorting his or her tenant out of the property – erasing all hopes of getting the five months’ worth of overdue rent. Bad tenants can also increase your unexpected expenses and even hit you with a lawsuit. Vacancy – No money coming in means that you have to make payments out of your own pocket. If you have an emergency fund, you will be able to survive vacancies with little trouble. If you don’t have one, you may find yourself scrambling to pay the rent to the harshest landlord of all – the bank. Tips: Minimising the disadvantages of owning real estate is actually simple. Here are some guidelines that will help. Keep Your Expectations Reasonable – Have the goal of positive cash flow, but don’t expect to be purchasing a new yacht at year’s end. If you keep your expectations in check, you won’t be tempted to jack up the rent and push out good tenants. Find a Balance between Earnings and Effort – Are you “hands on” or should you work with a property management firm? Current income doesn’t seem so great if you are putting in another full-time shift working on your rental property. There are property management firms that will run your rental property for a percentage of the rental income, while some like https://propertycheck.ng/login-or-register/ will list your property for FREE without commission. Know the Rules – Federal and state laws outline your responsibilities and liabilities, so you can’t claim ignorance when something happens. You will have to do some reading; nevertheless, it is better to spend 20 hours in the library than in the courtroom. Have the Property Inspected – One of the best ways to avoid unexpected expenses is to have the property inspected by a professional before you buy it. Make Sure Your Leases Are Legal – If you make a mistake on the lease, you will find it more difficult to litigate if a tenant violates the terms. Call References and Run Credit Checks – Too many landlords rush to fill a vacancy rather than taking the time to make sure the prospective tenant is a better option than an empty property. If you have time, you may want to drive by a prospective tenant’s current living space – that is what your property will probably look like when that tenant lives there. Join the Landlords’ Association in Your Area – Joining an association will provide you with a wealth of experience as well as sample leases, copies of laws and regulations, and lists of decent lawyers, contractors and inspectors. Some associations may even allow you to join before you buy a rental property. Make Friends with a Lawyer, a Tax Professional and a Banker – If you find that you like owning rental properties, a network including these three professionals will be essential if you want to increase your holdings. Make Sure You Have the Right Kind of Insurance – After learning the rules, you will need to buy insurance to cover your liability. You will need the help of an insurance professional to select the proper package for your type of rental property. Create an Emergency Fund – This is essentially money earmarked for unexpected expenses that are not covered by insurance. There is no set amount for an emergency fund, but 20% of the value of the property is a good guideline. Nonetheless, anything is better than nothing. If you are getting current income from a property, you can pool that money into an emergency fund. |
You’ve heard a lot of stories how many people were able to make good money by getting into real estate investing, and the thought of building long-term wealth intrigues you. But the question is, how do you start? First, you need to determine if investing is a good fit for you. Answer these four questions to find out! HAVE YOU DONE YOUR HOMEWORK? You wouldn’t show up a hospital to operate on a patient without going through intense training first, and you shouldn’t buy an investment property without learning the industry ropes first. Though reality shows can make it seem like there’s not much to it – you just buy and rent or flip and sell – in real reality, it’s not that simple. You need to understand operating costs, tax implications, how to figure out if you’re going to make money on a property, what your funding options are and much more in order to become a successful industry. ARE YOU FINANCIALLY READY? Before you purchase anything, it’s important to figure out where you are in terms of finances. Do you have enough capital for the long term? If not, do you have a savings plan in place that will allow you to save up that capital? How’s your credit? Do you already have a tax attorney and a financial planner? If you answered no to any of these questions, then you should consider looking for this platfornm, https://propertycheck.ng - it allows big and small estate agents to list their properties for free without commission. ARE YOU PREPARED TO RUN YOUR OWN BUSINESS? Real estate investing is a business, and it should be treated as such. Frankly, it’s a lot of work! That’s why you need to have a good system for managing bills, managing your portfolio, organising tax paperwork and so on. If you’re not a real math whiz, you can outsource the financial portion of your business to a certified accountant, just make sure they know real estate investing inside and out. DO YOU HAVE REALISTIC EXPECTATIONS? The most successful investors typically spend years and years building their real estate portfolios. And, since the housing market is fluid and volatile just like the stock market, they are prepared to ride out the highs and lows. To make sure you’re set up for long-term success, you need to understand current market conditions, you’ve calculated what it’ll cost you to own and operate your properties and you’re financially prepared to absorb losses and manage profits intelligently. Getting a mentor who has been investing in your area for a number of years can be a great way to get a real picture of what your path may look like. If you feel confident about diving into the world of real estate investing after critically thinking about the four questions outlined above, you’re ready! |