₦airaland Forum

Sam Gosling, a Professor of Psychology at The University of Texas believes we all leave clues about ourselves in a space we live in through something he calls “identity claims”. He explains identity claims to be deliberate statements we make to others about who we are. The items in your home could be a statement about your culture, beliefs or values. In most cases this is majorly for the benefit of guests who come visiting. Identity claims help paint a picture of who the owner of the space is. It helps portray the values they hold, hence identity claims could be traits of an extrovert. That is because they most likely want to host guests to come spend sometime with them. Choosing a painting design for your room or house is pivotal in reflecting your identity.

Asides “identity claims” there are other items that make us as individuals feel or think about certain things. Most people have items in their spaces that hold memories of times, people or places that are important to them. That is because it gives them this nostalgic feeling. Unlike identity claims, these items are not for guests. They are for the owner of the space as they draw inspiration from it, find it interesting or hold sentimental ties to it.

There are three types of home owners:
1. The minimalist
These type of home owners are individuals who have the idea that they don’t have to acquire house hold items they don’t need. This belief also shapes the way they design and decorate their home. For example they believe the bedroom is for sleeping and shouldn’t be furnished with house hold items or decorations. Because that will defeat the main purpose of the bedroom which is for sleeping. The ideal minimalist may not have a TV in their bedroom because it might distract him/her from sleeping when in the bedroom.

2. The glamorous
These home owners go all out to make their homes as fabulous as possible. Some even go as far as re-creating movie sets from their favourite movie scenes. For it’s all about surround themselves with latest trends.

3. The creative
Creatives cold be bohemian in nature, having their own taste and perspective that others might not understand. In most cases artists are day dreamers this could make them have abstract ideas others may perceive to be weird.

Different home owners have their preferences when it comes to interior design, decorations and colour. It all has to do with psychology. The interesting part is that not all interior designers are familiar with this concept. Some interior decorators have taken it upon themselves to play the role of a therapist when selecting designs for their clients homes in order to make the best pick that they resonate with. Now that we have established different types of home occupants and their preferences, lets discuss room colours.

Has it ever occurred to you that the colour of a room can influence your mood?

colours have different meanings attributed to them in different parts of the world. To prevent ambiguity and for the purpose of this content, we will be looking at the African interpretation of these colours.

Blue
Signifies love, harmony, togetherness and peace. Blue is often likened with the sky and water. It is perceived to be cool clear and relaxing, this is just how individuals who make use of this colour would like to feel in their surroundings.”

Maroon

This colour symbolize healing, and is also believed to be the colour of Mother Earth. Maroon is a dark, brownish-red colour, not as powerful as the colour red. The maroon colour is often used to represent intense and passionate things like; confidence, creative thoughts, excitement, power, risk, passion, love, ambition, courage, strength, warmth, and beauty, these are emotions and feelings home owners who make use of this colour want to experience often.

Purple
An interesting colour that represents royalty, nobility and prestige. the colour purple also creates a calm ambience for home owners who fancy its presence.

Pink
This colour also represents feminine qualities, including mildness. painting your room pink could — your in tune with their feminine side or could simply — that one appreciates mildness and beauty.

Red
A loud colour that represents sacrificial rites, bloodshed and death, but also spiritual and political mood. people who choose to paint their room red are seen as assertive individuals who aren’t scared to stand out or make controversial statements

Yellow
Similar to the attributes associated with gold, but also including beauty and preciousness. The colour yellow creates a beautiful bright ambience that will always help its habitat feel cheerful and fill of life.

Green
Signifies growth, both spiritual growth, and also relating to the land, harvest, vegetation and crops. individuals who make use of this colour for their interior are perceived as people who want a calm natural undertone in their home.
Grey
Symbolises ash, as well as cleansing and healing rituals. This neutral colour is a reflection of simplicity, depicting home owners who don’t like to complicate things

click here https:///3qev1Td to continue reading:

Sam Gosling, a Professor of Psychology at The University of Texas believes we all leave clues about ourselves in a space we live in through something he calls “identity claims”. He explains identity claims to be deliberate statements we make to others about who we are. The items in your home could be a statement about your culture, beliefs or values. In most cases this is majorly for the benefit of guests who come visiting. Identity claims help paint a picture of who the owner of the space is. It helps portray the values they hold, hence identity claims could be traits of an extrovert. That is because they most likely want to host guests to come spend sometime with them. Choosing a painting design for your room or house is pivotal in reflecting your identity.

Asides “identity claims” there are other items that make us as individuals feel or think about certain things. Most people have items in their spaces that hold memories of times, people or places that are important to them. That is because it gives them this nostalgic feeling. Unlike identity claims, these items are not for guests. They are for the owner of the space as they draw inspiration from it, find it interesting or hold sentimental ties to it.

There are three types of home owners:
1. The minimalist
These type of home owners are individuals who have the idea that they don’t have to acquire house hold items they don’t need. This belief also shapes the way they design and decorate their home. For example they believe the bedroom is for sleeping and shouldn’t be furnished with house hold items or decorations. Because that will defeat the main purpose of the bedroom which is for sleeping. The ideal minimalist may not have a TV in their bedroom because it might distract him/her from sleeping when in the bedroom.

2. The glamorous
These home owners go all out to make their homes as fabulous as possible. Some even go as far as re-creating movie sets from their favourite movie scenes. For it’s all about surround themselves with latest trends.

3. The creative
Creatives cold be bohemian in nature, having their own taste and perspective that others might not understand. In most cases artists are day dreamers this could make them have abstract ideas others may perceive to be weird.

Different home owners have their preferences when it comes to interior design, decorations and colour. It all has to do with psychology. The interesting part is that not all interior designers are familiar with this concept. Some interior decorators have taken it upon themselves to play the role of a therapist when selecting designs for their clients homes in order to make the best pick that they resonate with. Now that we have established different types of home occupants and their preferences, lets discuss room colours.

Has it ever occurred to you that the colour of a room can influence your mood?

colours have different meanings attributed to them in different parts of the world. To prevent ambiguity and for the purpose of this content, we will be looking at the African interpretation of these colours.

Blue
Signifies love, harmony, togetherness and peace. Blue is often likened with the sky and water. It is perceived to be cool clear and relaxing, this is just how individuals who make use of this colour would like to feel in their surroundings.”

Maroon

This colour symbolize healing, and is also believed to be the colour of Mother Earth. Maroon is a dark, brownish-red colour, not as powerful as the colour red. The maroon colour is often used to represent intense and passionate things like; confidence, creative thoughts, excitement, power, risk, passion, love, ambition, courage, strength, warmth, and beauty, these are emotions and feelings home owners who make use of this colour want to experience often.

Purple
An interesting colour that represents royalty, nobility and prestige. the colour purple also creates a calm ambience for home owners who fancy its presence.

Pink
This colour also represents feminine qualities, including mildness. painting your room pink could — your in tune with their feminine side or could simply — that one appreciates mildness and beauty.

Red
A loud colour that represents sacrificial rites, bloodshed and death, but also spiritual and political mood. people who choose to paint their room red are seen as assertive individuals who aren’t scared to stand out or make controversial statements

Yellow
Similar to the attributes associated with gold, but also including beauty and preciousness. The colour yellow creates a beautiful bright ambience that will always help its habitat feel cheerful and fill of life.

Green
Signifies growth, both spiritual growth, and also relating to the land, harvest, vegetation and crops. individuals who make use of this colour for their interior are perceived as people who want a calm natural undertone in their home.
Grey
Symbolises ash, as well as cleansing and healing rituals. This neutral colour is a reflection of simplicity, depicting home owners who don’t like to complicate things

click here https:///3qev1Td to continue reading:

Land Investment isn’t just for the rich and famous. For some, it started with: “Tell me the price and I will pay”. Then, the fragment of ‘investors’ who went through all the stages of research, online presence check, offline reputation, site inspection, coordinate checks at the ministry, and a lot more are reaping benefits on it.

One year from today, especially after such an encounter as this: you would either take the opportunity to see what is possible in the real estate sector experientially and where your life will be at or you would continue to panic and run the other way. Your decision to follow through with this piece is a clear indication that you take your business, income, and finances very seriously. You may be at the stage of making things happen, watching things happen, or staying put whilst things keep happening to you. No matter which of the three stages you may currently fall into, one thing is certain: you want more.

Most of the New investors that come to us, has one of these question..

Which investment is right for me?

Should I invest in land or homes ?

Click here to continue reading: https:///3EBnDqM

HOW TO BECOME A SUCCESSFUL REAL ESTATE AGENT

Becoming a realtor requires some work and determination just as any other occupation or discipline. If you have some free time and need something to do or if you need a side hustle, you should consider a career as a realtor. Being a realtor is a rewarding endeavour and can help you grow a network of quality people that can refer you to new prospects if you can maintain a good relationship.

UNDERSTANDING THE MARKET
Firstly you have to take out some time to study and understand the real estate market to know what you delving into. You have to understand that some client might that when a client says real estate, he or she might be interested in bare land to build on or an already built property to pack into, a rental property or a service apartment.

PRODUCT KNOWLEDGE
As a realtor, you have to be up to speed on what you selling and ever ready to pitch it with confidence to clients and prospects who might find your products or property relevant. a good products knowledge cuts across understanding the following

Title
Price
Payment plan
Location of the property
Land marks
Level of development
Due to the capital intensive nature of real estate, Any client in the market for property requires full information before making any decision and would most times only buy from anybody who has all the answers

PEOPLE SKILLS
Working as a realtor requires constant communication as you will have to interface with both buyers and sellers in the industry, hence it is of high importance to have good communication and people skills to become an excellent real estate agent. each prospect is unique and how you real and interact with each should be different. Some client needs constant reminder before booking an inspection. While others will place your calls on the spam list if you call more than twice a day. your strategies of relating with your client should be adaptable to various prospects you meet daily

ABILITY TO NEGOTIATE
You have to develop negotiation skills to make it as a real estate agent as you constantly have the selling price your listing price and your commission in mind every time a prospect tries to bargain the price.

ATTENTION TO DETAIL
Realtors have to be attentive to details so that they don’t miss out on key information prospects are trying to convey when transacting, and also to pick out the best match that can suit the taste of their prospects.

PROBLEM-SOLVING MINDSET
The desire to solve problems should be the major driving force for a real estate agent as selling shouldn’t be the aim or goal but helping prospects solve their housing problems. With all these attributes in place, you’re on your way to becoming a successful real estate agent. As stated earlier you will have to put in some effort in terms of researching how the market works, interfacing with prospects, and seeking the suitable properties that will get your prospect’s problems solved.

PITFALLS REALTORS SHOULD AVOID
On the quest to becoming a successful real estate agent, there are a handful of pitfalls to avoid. These mistakes can mar the reputation of the realtor and breach the trust of prospects, hence leaving the agent with poor credibility.

According to Melissa Kubek of metro living, the top 5 complaints clients have about their realtors in regards to selling a home
Lack of Communication.
Over Promise – Under Deliver.
Lack of Knowledge of the Marketplace.
The client’s interests are not protected.

Lack of communication
Lack of communication can disrupt a potential transaction from taking place in various ways, it could arouse suspicion in the mind of a prospect leaving them the impression that the realtor is holding some information back. Like the popular saying out of sight is out of mind, when there is a lack of communication this is the case, a party can tend to become occupied with other activities and forget about pending deals

Overpromise – Under deliver
Sometimes overzealous real estate agents could overpromise prospects raising their expectations only to underdeliver, this is a red flag real estate agents should avoid, by all means, it eliminates any trust the client or prospect has in an agent and such agent will have to work twice as hard to earn back the trust of his/her client

Lack of Knowledge of the Marketplace
It is key for a realtor to have a good knowledge of the marketplace before starting to deal in real estate, for example, it could be embarrassing if prospects ask questions about the best locations that will be suitable for them and the realtor can’t answer because he/she isn’t aware or up to speed on the market.

Real estate is a very rewarding industry and has a handful of benefits, you could engage in real estate full time as an occupation or part-time as a side hustle and still earn big, you just have to find the right balance that works for you. Real estate firms like Pwan max hold training for newbies showing them the ropes on how to be successful realtors, if you are interested in becoming a real estate agent kindly leave a message in the comment session.

Recommended reading: Beginners guide to real estate investment

HOW TO BECOME A REAL ESTATE AGENT WITH PWAN
PWAN is a real estate network marketing company with over 8 years in real estate providing affordable properties and making homeownership dreams of Nigerians a reality. The mission of the PWAN group is to reduce the housing deficit in Nigeria. You can be a part of this Noble cause when you join our ranks as an independent consultant popularly known as PWAN BUSINESS OWNERS ( PBO). Pwan group is made up of over 36 affiliates and registration as a consultant gives you access to sell any property owned by any individual affiliate

Becoming a consultant with us is as simple as ABC and in less than 3 simple steps you will be fully registered. Registration as a consultant occurs in levels and the most popular being the first and second level.

At the first level, you can register with just 1650 which gives you access to 10% commission on any sale you bring into the group

At the second level, you can register with 37,650 which gives you access to a 15% commission on each sale you bring into the company.

Steps involves in registration include

Decide on which level to start with
Head over to https: //pwanbusinessowners.com/registration/ to register and fill out your sponsor details
Click on this link to join our WhatsApp group to meet experts in the business and get updates on new properties in the market
Being a consultant with Pwan max comes with various benefits eg you have about 12 ways you can earn money which you can learn all about by clicking here. As a PBO you get an opportunity to meet new people, upgrade your network, travel on all-expense paid trips, access to free training and so much more

CONCLUSION

Being a realtor with Pwan max is a business you can start as a side hustle or full-time work, either way, you are positing yourself and your generation to tap into the massive wealth that comes with the real estate business.

Have you been to a maze before?

Not the Hollywood kind of maze, but a death trap with the sole purpose of putting you in a frenzy, a state of absolute confusion. To navigate out of a maze or to locate any particular item, the services of a map are employed. A map guides your movement and steps. Maps keep you on a particular path and conveys you to your desired location without any unnecessary detours.

A building plan is like a map to your home before it’s creation, it guides the construction of a building. Building plans are designed by architects and shows the cross-section view of your building.

A building plan is defined as a graphical representation of what a proposed building project would look like after construction, it shows the cross-sectional layout, the floor plan, site plan, elevations, electrical, plumbing, and landscape drawings for the ease of construction at the site.

WHY DO YOU NEED A BUILDING PLAN
Building plans helps in Costing
Building plans go beyond just a regular drawing on a piece of paper. It shows the cross-sectional representation of the finished building. This drawing guides other construction arms such as the builders, structural engineers, contractors, etc to make an informed decision about the building. A building plan also helps the quantity surveyor to provide the costing analysis for the building project. Without the right cost analysis, it is almost impossible to finish any building project without exceeding the set budget.

Building plan Saves construction time
If you have ever engaged in any Construction project you can agree with me that it’s not a ”trial and error” process. Any serious investor is always looking for the fastest timeline to complete a particular project and resell it. Time is money and any time wasted on any project is probably costing investors tons of money. A cohesive building plan helps the contractors save time on the project by providing a blueprint they can follow through when building

Building plans give Clear direction
Having established the fact that construction is not a trial and error process having a comprehensive building plan provides a clear direction for the building teams to follow in order to achieve the desired result in a timely manner

You might be asking, how many building plans does one need for a particular project? well, in this article we are here to cover all the different types of building plans you need to know about.

There are 5 basic types of building plans
SITE PLAN
FLOOR PLAN
CROSS-SECTION
ELEVATION
External
Internal
LANDSCAPE PLAN


SITE PLAN
A site plan is a comprehensive detailed drawing of the building or an apartment representing the whole plan of a building. It shows property boundaries and means of access to the site, and nearby structures if they are relevant to the design.

For a construction project, the site plan also needs to show all the services connections like drainage and sewer lines, water supply, electrical and communications cables, exterior lighting, etc.

It’s the first design that is made for any project before going into the detailing process. Drawing up a site plan is a tool for deciding both the site layout and the size and orientation of proposed new buildings.

These drawings should comply with the local development codes, including restrictions on historical sites. It acts as a legal agreement for the permission of construction from the relevant government authority. For this, it is required that the site plan is made by a licensed professional like architect, engineer, landscape architect or land surveyor.

FLOOR PLAN
A plan means, top view of any building or object. The floor plan is the most fundamental architectural diagram, a view from above showing the arrangement of spaces in a building in the same way as a map, but showing the arrangement at a particular level of a building.

The floor plan view is defined as a vertical orthographic projection of an object onto a horizontal plane cutting through the building. This shows the walls, windows, door and other features such as stairs, fittings and even furniture too.

The floor plan is usually given in the 2D form, which has all the measurements and details. Nowadays for a better understanding and conceptualizing of the plan prior to the construction, floor plans are made in 3D where one can see how the entire apartment looks.

CROSS-SECTION
Geometrically, a cross-section is a horizontal orthographic projection of a building onto a vertical plane cutting through the building. A cross-section is a vertical cut section of any building which shows the details of dimension, the thickness of any component of a building. It also represents the sill height, lintel height, floor height, and other minute details of a structure.

The section plane where the plan is vertically cut is represented in the 2d floor plan by a bold dotted straight line.

ELEVATION
An elevation drawing is an orthographic projection drawing that shows one side of the house. The purpose of an elevation drawing is to show the finished appearance of a given side of the house and furnish vertical height dimensions. Majorly it is divided into 2 types,

External Elevation
Exterior elevation is the outside representation of a building. It consists of details of the type of finish, floor height, and projections if any.

Exterior elevations can be 2D or 3D drawings. 2D drawings typically have measurements on them, showing where the relationship between exterior elements like doors and lights. 2D elevations also can have callouts to different kinds of bricks, stones, and paints, so you know exactly where each material needs to go.

3D exterior renderings are similar to their 2D counterparts, except they focus entirely on the visual. Most of the time, a rendering is a concept drawing to take to whoever is constructing your project to give them an idea of what you want the exterior to look like. From the concept, they’ll create the detailed exterior elevation they need to build from.

Interior Elevation
Interior elevations are very similar to exterior elevations in purpose. Elevations are extremely useful when constructing a room such as a kitchen or a bathroom, which require visualization of built-in elements.

Usually, interior elevations are made in 3D that show your furniture in your space. The inner elevation affects a lot on the living condition and peaceful mind. These days great importance is given to interior elevation than exterior elevation. Interior elevation has the paint color, lighting types, furniture design, and floor patterns.

LANDSCAPE PLAN
A perfect home or a building has a lush green garden adjacent to it, which enhances the beauty and aesthetic appearance of the building. Hiring a landscape architect for the beautification of houses is trending nowadays.

On landscape plans, you’ll see everything from flowers to sidewalks and lawn decorations to fountains. It majorly consists of sidewalks, plantations, and other decorative features that can enhance the living area.

Conclusions
As a real estate investor or realtor the value of product knowledge can never be over emphasized. knowledge serves are your guide into the vast, ever changing world of real estate. if you are a new investors , consider going through our content, real estate investment for beginners to provide first hand real estate investment tips.

Fore more real estate updates click here: https://pwanmax.com/blog/

Land survey entails all activities carried out to locate and map the boundaries and corners of any piece of land. It might also include the topography of the parcel, and the location of buildings, and other improvements made to the land.

Land surveyors often work on a variety of projects including the designs and plans of both existing and new properties, roads, bridges, and other infrastructures. A property survey is an important process that comes before construction when commencing a building project as they confirm lands boundary lines and legal description.

PROCESS INVOLVED IN LAND SURVEY
• Field Reconnaissance
This involves physical inspection to know the site location, proximity, access (in and out), and also the best method to adopt when carrying out the survey.

The Reconnaissance Survey is often used for planning purposes, it also provides data on broad categories such as property types, architectural styles, basic integrity, and overall condition, sorted by historical period, context, or geographic location.

Field reconnaissance is carried out to be sure of the findings derived from the field. Additional information that will foster the success of the ongoing project is collected and simple index tests on-ground properties are carried out.

• Office Reconnaissance

This is a verification done with the acquired details from the field reconnaissance, it gives the surveyor a deeper knowledge of the area to be surveyed, if there’s an existing survey on the property or an existing dispute in the area, if there’s an existing government acquisition/allocation or commitment in the area. This is also used to prepare the information and plan for data capturing.


• Data capturing
This is the process of acquiring/collecting adequate data needed to prepare a plan, map of the area to be used for planning and designing. Data capturing makes it possible for the establishment and adjustment of site survey stations. The use of GPS techniques to establish and verify station coordinate


• Data Processing
These are the crucial steps that follow collection/capture, the aim is to manipulate/ transform the raw data acquired into meaningful results. It is done by computing and processing the data acquired in the field in any survey software tool, and ultimately presented in a plan


• Data interpretation
This is the process of extracting the geographical data which is been interpreted using the rules and mapping relationships so that output data or plan can be created

• Map/Plan Production
This is a representation of the data acquired on a map or plan with a suitably chosen scale.

It is also called the result of the data acquired in the field after it might have undergone all the required processes. This is done by arranging map or plan elements on a sheet of paper, in a way that even without many words, the average person can understand what it is all about. These results are called Survey Plan or Maps.

Recommended reading : Beginners guide to real estate investment in Nigeria

WHY NEED A SURVEYOR ? click here read more https:///3pViENf

Just like watching a toddler walk for the first time, It can be a thing of joy to watch your building progress from start to finish. As opposed to buying a house, building a house from scratch affords you the luxury of designing the house to your taste, and seeing this plan come together can be rewarding. Depending on topography, soil texture and structure, type of designs etc. The house building process could vary in different locations. However in this article, We will be covering general ones that most likely may work generally in Nigeria.

Before starting any building construction, especially in Nigeria, you have to go through some preliminary phases in order to get authorization and approvals needed to start your project.

Building drawings and permits
When you want to start a building project, the first step is to get architectural drawings that suit your taste from an architect and structural drawings drawn by a structural engineer. Once all drawings have been made, a quantity surveyor then prepares for you a bill of quantities quoting the likely amount of money you will expend to bring the project into reality. You should then obtain your building approval from the relevant government authorities. It is only when the building has been approved for construction that you are legally free to start site preparation and construction.


Site Preparation:
After the “documentation and permitting stage”, the project can progress to the next phase called “site preparation”. This stage entails clearing weeds on the land and filling the land with laterite if it is waterlogged to avoid flooding and to facilitate smooth construction.

After the preliminary phase, it’s safe to proceed to the construction proper consisting of :

Foundation
Farming
Walling
Roofing
Plumbing, Electricals & Insulation
Finishes
Install Exterior Walkways and Driveways

Foundation: Foundation is the first construction activity to be carried out physically on site. Firstly the building is set out to locate the positions for the foundation footing and building walls. After setting out, concrete for foundation footing is poured and the foundation is constructed in alignment with the specifications gotten from architectural and structural drawings. The Builder is the professional who should be on-site to manage and supervise all construction activities. After the foundation is done, the floor (also made of mass concrete) is constructed.

click here to continue reading https:///3nGeqGr

Looking to start a building project? You might need some information as to what to be aware of like building plans, architecture, budget, and types of building foundations.

Not to worry, this article will shed some light on basic types of foundation you need to be aware of and which is most suitable for your structure and type of building you are planning to erect.

Foundations provide support for structures, transferring their loads to layers of soil or rock that have sufficient bearing capacity and suitable settlement characteristics. Basically, a foundation is like a framework where your building are constructed on. Constructing the right foundation is an integral part to your success as a builder or commercial real estate investors. A foundation is the integral structural element of a building, bridge and other similar engineering structures that primarily transfers the loads of the structure to the soil or strata underneath it. The foundation provides stability as they serve as the point of connection between the structure and the soil or strata bearing the load. There are different types of foundation depending on the type/ complexity of structure and the strata directly beneath it.

As a beginner in the real estate investment sector, its important to understand the different types of building foundations and which types fits a specific type of building or soil. Foundations can be categorised as shallow foundations or deep foundations. Shallow foundations are mostly used for bungalows or simple structures with low bearing capacity. Deep foundations are necessary where the bearing capacity of the surface soils is not strong enough to support the loads imposed by a structure and so they need to be transferred to deeper layers with higher bearing capacity. In some something areas of Nigeria with weak or swampy soil, deep foundations are necessary to maintain the strength of the building

The most common types of building foundations you might come across are:
Strip foundation
Raft or Mat foundation:
Pile foundation
pad foundation
Strip foundation
Strip foundations are most suitable for soil which are of fairly good bearing capacity. They are mostly used for light structural loadings such as those found in many low-rise or medium-rise domestic buildings – where mass concrete strip foundations can be used. In other situations, reinforced concrete may be required. In simple terms, strip foundations are used in light weight constructions like bungalows and is not advised to be used for story buildings and high rises. Older buildings may have brick strip foundations.

Strip foundation is commonly used:

For bungalow construction.
When the soil is fairly of good bearing capacity.
When light weight construction is to be done.
Very broadly, the size and position of strip foundations are typically related to the wall’s overall width. The depth of a traditional strip foundation is generally equal to or greater than the overall wall width, and the foundation width is generally three times the width of the supported wall. This results in the load being transmitted at 45º from the wall base to the soil. In Eastern part of Nigeria where the soils are hard and compact also accepts the use of strip foundation. strip foundation are generally cheap compared to raft and more popular in the eastern part of Nigeria as an acceptable type of building foundation for low rise buildings.

Soil recommended for strip foundations are:

Rocky soil
Uniform firm and stiff clay Soil recommended for Raft foundations are:
Soft clay
Peat

Raft foundation
A raft foundation, also called a mat foundation, is a continuous slab resting on the soil that extends over the entire footprint of the building, thereby supporting the building and transferring its weight to the ground......... click here to continue reading: https:///3jkljf3

Looking to start a building project? You might need some information as to what to be aware of like building plans, architecture, budget, and types of building foundations.

Not to worry, this article will shed some light on basic types of foundation you need to be aware of and which is most suitable for your structure and type of building you are planning to erect.

Foundations provide support for structures, transferring their loads to layers of soil or rock that have sufficient bearing capacity and suitable settlement characteristics. Basically, a foundation is like a framework where your building are constructed on. Constructing the right foundation is an integral part to your success as a builder or commercial real estate investors. A foundation is the integral structural element of a building, bridge and other similar engineering structures that primarily transfers the loads of the structure to the soil or strata underneath it. The foundation provides stability as they serve as the point of connection between the structure and the soil or strata bearing the load. There are different types of foundation depending on the type/ complexity of structure and the strata directly beneath it.

As a beginner in the real estate investment sector, its important to understand the different types of building foundations and which types fits a specific type of building or soil. Foundations can be categorised as shallow foundations or deep foundations. Shallow foundations are mostly used for bungalows or simple structures with low bearing capacity. Deep foundations are necessary where the bearing capacity of the surface soils is not strong enough to support the loads imposed by a structure and so they need to be transferred to deeper layers with higher bearing capacity. In some something areas of Nigeria with weak or swampy soil, deep foundations are necessary to maintain the strength of the building

The most common types of building foundations you might come across are:
Strip foundation
Raft or Mat foundation:
Pile foundation
pad foundation
Strip foundation
Strip foundations are most suitable for soil which are of fairly good bearing capacity. They are mostly used for light structural loadings such as those found in many low-rise or medium-rise domestic buildings – where mass concrete strip foundations can be used. In other situations, reinforced concrete may be required. In simple terms, strip foundations are used in light weight constructions like bungalows and is not advised to be used for story buildings and high rises. Older buildings may have brick strip foundations.

Strip foundation is commonly used:

For bungalow construction.
When the soil is fairly of good bearing capacity.
When light weight construction is to be done.
Very broadly, the size and position of strip foundations are typically related to the wall’s overall width. The depth of a traditional strip foundation is generally equal to or greater than the overall wall width, and the foundation width is generally three times the width of the supported wall. This results in the load being transmitted at 45º from the wall base to the soil. In Eastern part of Nigeria where the soils are hard and compact also accepts the use of strip foundation. strip foundation are generally cheap compared to raft and more popular in the eastern part of Nigeria as an acceptable type of building foundation for low rise buildings.

Soil recommended for strip foundations are:

Rocky soil
Uniform firm and stiff clay Soil recommended for Raft foundations are:
Soft clay
Peat
Raft foundation
A raft foundation, also called a mat foundation, is a continuous slab resting on the soil that extends over the entire footprint of the building, thereby supporting the building and transferring its weight to the ground

A raft foundation is a type of building foundation often used when the soil is weak or has a low bearing capacity, as it distributes the weight of the building over the entire area of the soil, and not over smaller zones (like individual footings) or at individual points (like pile foundations). This reduces the stress on the soil. consider a location like Ibeju Lekki part of Lagos or Ogun state, where the soils are relatively waterlogged. A raft foundation is need for any type of construction even in fencing. A raft foundation is more expensive when compared to a strip or pad foundation. A popular type of Raft foundations is Beam and Slab raft foundation. This foundation type can also be called mat foundation consists of a wide area of interconnected reinforced concrete ground floor and beams spreading over the entire footprint of the building. they are built on a soil with a low bearing capacity. Majority of buildings in the fast developing marshy areas of Lagos have a rafted foundation.

Raft foundation is commonly used when:

A building is to be erected on a marshy soil or water logged soil.
the soil can be sand filled.
Pile
A Pile foundation is usually a deep foundation with a slender column or long cylinder made of materials including concrete or steel, used to support structures transferring the load at the desired depth and could be by end bearing or skin friction. Pile foundation is mostly used when heavy loads from superstructure are imposed. A Pile foundation is usually a deep foundation with a slender column or long cylinder made of materials including reinforced concrete or steel, used to support structures transferring the load at a predetermined depth.

Pile foundation is commonly used when:

A bridge or building is to be constructed over a water body
heavy loads from superstructure are imposed.
When the groundwater table is high
heavy and un-uniformed loads from superstructure are imposed.
when soil excavation is not possible up to the desired depth due to poor spoil.
Soil recommended for Pile foundations are:

Soft clay
Foundations depending on the type can cost up to 20 to 40 percent of the building’s total construction cost. It is one of the most important component of a building, hence its construction must be managed and supervised by relevant and experienced construction professionals such as Builders and Civil Engineers.

Pad foundation
This type of building foundation is formed by a rectangular, square and sometimes circular spread of reinforced concrete footing. Loads from upper floors and roof are transferred to the beams while the beams transfer them to the columns and then to the pad footing and ultimately to the soil at a predetermined depth that has a suitable bearing capacity.

Pad foundation is used when:

Constructing a storey or high-rise building.
The bearing capacity of the soil beneath it is high
A popular type of Pad foundation is combined footing. Combined footings are constructed for two or more columns when they are close to each other and their foundations overlap.

Soil recommended for Pad foundations are:

Soft clay
Uniform firm and stiff clay
For more information on pad foundation visit click here

Conclusion

These are the basic and most common types of foundations we will be discussing, foundations types are not limited to these, they are still a few others that could be advised by your engineer depending on the nature of the building project. Now that you have a basic knowledge of foundations and soils they are suitable for, you will have a better understanding when discussing with engineers and professionals as to what’s to be done on your project. you can also contact us for your next building project as we have a team of construction experts that will bring your project to live. If you are new to the real estate world, before diving deep into investment and construction, you might want to check out our article on guide to real estate investment for beginners

Real estate investment in Nigeria is a dynamic sector with new trends and ways of earning constantly evolving. These trends also vary with location as rent-based real estate being predominant in eastern Nigeria. The real estate industry has been plagued with many inconsistencies over the years due to government policies, technology, scammers, land grabbers, etc. Some of these inconsistencies have lead to loss of funds, properties and lives. Problems surrounding real estate industries can be avoided through proper research and partnering with a trusted real estate brand

Despite these inconsistencies, real estate remains a profitable venture that will serve as a link between other profitable businesses or a standalone investment that thrives. Real estate investments all over the world offer so many benefits that any investor cannot seem to neglect.

Before investing in real estate it is important to seek professional advice, this is why we have come up with a comprehensive guide containing information you should have before delving into real estate. Click here to continue reading https:///3mxp8P6

According to Andrew Carnegie, ”90 % of all the world millionaires have stakes in real estate investment”. Furthermore, Real estate investments have produced more ROI than in all industrial investments combined.


Why is that?

What is this investment?

Why are world elites Stacking up their bank account through this investment?

The answer boils down to few reasons;

Real estate investment is everlasting:
One key benefit that attracts smart investors in real estate investments is that it’s an imperishable asset. Unlike its counterparts, land does not come with an expiration date. It’s indestructible, it cannot be lost, stolen or can it be destroyed. Once acquired and fully paid for, it lasts forever


Appreciation
The growing population of the human race is driving the demand for land. This increase in demand for land leads to increases in price. As the need to cater to the need of the growing population, the prices will always go up.


inflation-
The Uber wealthy classes are always mindful of inflation; will my money today buy the same value of products in 3 years? As a result of inflation, a specific amount of currency will buy less than before over some time. Inflation isn’t always bad because investors can plan for inflation by investing in assets that outperform the market during inflationary climates. As inflation rises, so do property values, and so does the amount a landowner can resell their property or charge tenants. This results in the landowners making more money over time. This helps to keep pace with the rise in inflation. For this reason, real estate income is one of the best ways to hedge an investment portfolio against inflation.


Passive income
One thing the rich understand better than anyone else is ”diversification”. The fact that one tree doesn’t make an ocean. In a bid to multiply wealth, the elites often distribute their asset into several investment portfolios with real estate taking a large share of the stock. The stability and potential return of the real estate market makes the investment not only safe but a means of generating passive income

One of the perks of investing while working full time is to create a steady income stream that assures you of lifetime security that can be converted to immediate cash or used as a further investment for future wealth creation. As a business person, an entrepreneur, or a stay-at-home parent, property investment serves both immediate and futuristic purposes especially when it is gotten through the right medium.

The world of real estate is vast, for a beginner looking to venture into an investment, it might seem scary and intimidating. However, like every new journey, it’s one step at a time. By going through this write-up, you will understand everything a beginner needs to know before venturing into real estate investment.

If you are a beginner in the real estate sector or have experience in real estate investment, in this blog post you will get first-hand information on clear-cut reasons why you should invest in real estate. With our proven experience over time, we hope to make your transition into the real estate sector as smooth as possible.

guide to real estate investment

Real estate investment is quite vast as it covers areas such as Development, Sales and marketing, Brokerage, Property management, Lending, and Professional services. Research has shown that no matter what the market presents, real estate still offers many moneymaking opportunities for both first-time and experienced investors. These opportunities can be through either on a rental basis, homeownership, or land banking. This edition will focus more on the fundamental aspects to consider when putting together an investment plan.

One of the major things to look out for before buying any property especially when considering high return on investment is;



1. Land Title in real estate investment
It makes sense to start this discussion with the elephant in the room: land titles. For every new investor in real estate that we encounter one question, we always come across is ” what is the title”. The importance of Land Titles in real estate cannot be overemphasized. It formes the very foundation of real estate investment. Any oversight on land titles can lead to loss of funds, damages to lives and property. Before you acquire any property, it is pertinent that you ask, know, and verify what title comes with the property. Let’s walk you through different types of land titles to help you better understand what to look out for when buying any piece of property


C OF O
Arguably one of the most popular land titles in Nigeria and justifiably so because any property with a C of O guarantees the owner freedom from government acquisition. Certificate of Occupancy is usually issued by the State Government and it connotes that the state government has officially leased the piece of land to the applicant, for 99 years.

Excision
Government can decide to release a parcel of land back to the indigenous owners or some company as a form of compensation for residential and commercial developments. Such properties are considered excised, and an excision document is issued. This type of title also signifies that the property is free from government acquisition. Any excised property, when verified is safe to purchase

Gazette
A Gazette is an official record book where all special government details are spelled out, detailed, and recorded. A gazette will show the communities or villages that have been granted excision. This document shows the number of acres or hectares of land that the government has given to them. It is within those excised acres or hectares that the customary landowners or company are entitled to sell to the public.

Governors consent
Governors’ consent is considered a second-generation C of O. There can only be one (1) Owner of the Certificate of Occupancy on any property and it can not be replicated for another person once the land has been sold or transferred to another person. Any subsequent buyer will have to obtain a governor’s consent on their property before it can be seen as a legal transaction by the government. it’s essential a C of O property that has transferred ownership which means it’s a good property to invest in.

Deed of assignment and registered survey
This is simply an agreement between two parties over the landed property in which one party relinquishes their power of attorney and title to the other party. The deed of assignment is an important legal document that transfers interest or assigns the title of property from the seller (an assignor) to a new buyer called (the Assignee). The deed of assignment is assigned after the completion of any land transaction and the assignee now holds all the legal rights on that property including any future sales. It is also important that when the deed of assignment has been exchanged between the parties to the transaction, it is recorded or registered with the appropriate land registry where the land is situated for perfect purposes

Recommended reading: Different land title documents in Nigeria and their effect on real estate investment or land titles in real estate
2. Role of LOCATION In Real Estate Investment
Real estate investment comes in a different format, rental apartments, real estate development, land banking, etc. location plays a varying degree of importance in each form. For instance, the level of development in a location of raw land for the purpose of land banking is somewhat irrelevant compared to land for ”buy and build”
purposes.
For land banking, investors will have to access the future worth rather than the present state while a ”buy and build” property relies heavily on the level of development in the area.

The location is a vital component of real estate investment that any new investor should keep an eye on. location can determine how quickly you can get your ROI. location also affects the value and price of any property. for example lands in Lagos go for an average of N30,000,000 on the mainland and N130,000,000 on the island and this is due to the high level of real estate investment activities in the metropolis. Apart from Lagos state, properties closer or on major access road gets a lot of demand and hence the price is higher. However, Smart investors are securing properties in developing sites of Lagos i.e ibeju lekki as they can foresee the economic value of such areas in the future. Other investors prefer to buy properties lower in price and sell later when the demand and price are high.


3. Budget
The budget is the first thing to be considered when buying land. it does not matter if you have determined to buy land in Lagos or any other part of the country, the most important thing is having a budget. it is not about just having the desire to buy land, the real question is do you have the budget for it?

Irrespective of the amount you might have saved, it is always important to make research on the cost of buying land and the extra expenses that are associated with it. Irrespective of the real estate company, it’s important to ask for any other extra charge aside from the price of the property. Generally, most companies will have the following extra charges but not limited to this

Deed of an assignment fee
Registered survey fee
Plot demarcation fee
Agency fee
Development fee
having a knowledge of all these extra charges can help prepare your mind and pocket before venturing into the investment cycle

Continue reading: https:///3tVoBth

According to Andrew Carnegie, ”90 % of all the world millionaires have stakes in real estate investment”. Furthermore, Real estate investments have produced more ROI than in all industrial investments combined.

Why is that?

What is this investment?

Why are world elites Stacking up their bank account through this investment?

The answer boils down to few reasons;

Real estate investment is everlasting:
One key benefit that attracts smart investors in real estate investments is that it’s an imperishable asset. Unlike its counterparts, land does not come with an expiration date. It’s indestructible, it cannot be lost, stolen or can it be destroyed. Once acquired and fully paid for, it lasts forever

Appreciation
The growing population of the human race is driving the demand for land. This increase in demand for land leads to increases in price. As the need to cater to the need of the growing population, the prices will always go up. Take Lagos as an instance, prices of properties skyrocketed with direct proportion to the increase in population sizes of Lagos

Inflation
The Uber wealthy classes are always mindful of inflation; will my money today buy the same value of products in 3 years? As a result of inflation, a specific amount of currency will buy less than before over some time. Inflation isn’t always bad because investors can plan for inflation by investing in assets that outperform the market during inflationary climates. As inflation rises, so do property values, and so does the amount a landowner can resell their property or charge tenants. This results in the landowners making more money over time. This helps to keep pace with the rise in inflation. For this reason, real estate income is one of the best ways to hedge an investment portfolio against inflation.

Passive income
One thing the rich understand better than anyone else is ”diversification”. The fact that one tree doesn’t make an ocean. In a bid to multiply wealth, the elites often distribute their asset into several investment portfolios with real estate taking a large share of the stock. The stability and potential return of the real estate market makes the investment not only safe but a means of generating passive income

One of the perks of investing while working full time is to create a steady income stream that assures you of lifetime security that can be converted to immediate cash or used as a further investment for future wealth creation. As a business person, an entrepreneur, or a stay-at-home parent, property investment serves both immediate and futuristic purposes especially when it is gotten through the right medium.

The world of real estate is vast, for a beginner looking to venture into an investment, it might seem scary and intimidating. However, like every new journey, it’s one step at a time. By going through this write-up, you will understand everything a beginner needs to know before venturing into real estate investment.

If you are a beginner in the real estate sector or have experience in real estate investment, in this blog post you will get first-hand information on clear-cut reasons why you should invest in real estate. With our proven experience over time, we hope to make your transition into the real estate sector as smooth as possible.


Real estate investment is quite vast as it covers areas such as Development, Sales and marketing, Brokerage, Property management, Lending, and Professional services. Research has shown that no matter what the market presents, real estate still offers many moneymaking opportunities for both first-time and experienced investors. These opportunities can be through either on a rental basis, homeownership, or land banking. This edition will focus more on the fundamental aspects to consider when putting together an investment plan.

There are a number of things to look out for before buying any property especially when considering high return on investment, click the link below to discover more:
https:///3DZWLka