Nigeria’s population is expected to reach over 228 million by 2024, according to the reliable website Worldometers. This means that real estate investment opportunities in Nigeria would be abundant. Investing in real estate or starting a banking company in Nigeria has the advantage of providing steady cash flow and passive income. Even for your generation, you can have a never-ending pathway to wealth creation with a good real estate investment.

Many well-known figures from a variety of fields, including technology and music, have taken use of real estate investment opportunities to earn money that will last for generations. According to Forbes magazine, people such as Donald Bren, Stephen Ross, and others became billionaires just through the real estate business.

You will almost definitely increase your net worth right away whether you market yourself as an agent, flipper, or investor in real estate. I’m going to take you through how to invest in real estate in 2024 in this piece of writing. Previously, it was reported in the media that Governor Sanwo-Olu listed five reasons for Nigerians to put money into Epe, Lagos. He pointed out that Epe is currently the most sought-after location in Lagos State because of its social infrastructure, which includes restaurants, colleges, and even international airports due to the influx of foreigners.

Below are three major ways you can invest in real estate in Nigeria in 2024

Real Estate investor: You can purchase a property as an investor in real estate to turn it into a profitable rental. There are verifiable cases of land being sold for N10 and now selling N100 million or more. John Rockefeller once said, “He who works all day has no time to make money.” Keep that in mind. This quotation emphasizes how crucial it is to work both hard and intelligently. An intelligent real estate investor does not occasionally consider labor as the solution to wealth creation.  As a real estate investor, you become the person who exchanges money for time rather than time for money. You can buy land today, and keep it for a particular time, after it is ready to be sold you see back your return on investment (ROI).

Real Estate Flipper: Here’s what a real estate flipper does, in case you weren’t aware. Being a real estate flipper means that you go out and purchase a property for a low price, typically less than the market value. You then renovate the property and add more features—that is, you remodel it—and sell it for a higher price while keeping the profit.

Let’s take a case study where a house was built in the 1990s, but the owner chose to build it near a location that subsequently received many social amenities, such as good roads, electricity, schools, colleges, and others. The location also gained even more international recognition due to the presence of international airports, which brought in more foreign visitors who attended global churches like The Synagogue Church of All Nations.

The building in question was constructed in the 1990s, and although foreigners have seen it, they have not succeeded in settling there or purchasing the property. Although the building had good features like spacious rooms and durable building blocks, it had not been remodeled to the standards of what a house should look like in the modern digital age. Now, a tech guy named Tunde noticed the building and approached it with the mindset of investing in real estate. He found that most of the rooms were filled with cobwebs.

After purchasing the property from the owner, clever investor Tunde decided to renovate it by repainting it and adding smart home technology, which enables homeowners to remotely control a variety of features in their homes, such as the smart door lock, automatic blinds, smart security, and others. Also, the house has a POP ceiling and 3D wall designs. After the renovations were completed, Tunde had numerous offers to purchase the home for a whopping 200 million naira, which he had purchased from the owner for just 5 million naira. Each offer exceeded his wildest expectations. This is how a Real estate flipper makes his or her money.

Real Estate agent: This is another way you can invest in a real estate business in Nigeria, a lot of people are in this category. Their job involves obtaining a license, which allows them to approach clients and earn commission-based compensation for their sales.  As a real Estate agent, you don’t need to invest much penny into it, what you need are the following set of skills good negotiation, communication, networking, listening, and marketing. However, in Nigeria, as a real estate agent, you can legally work for buyers and sellers in real estate without a license. For instance, a house at Epe costs 1.5 million naira, and the agent commission is just 10%, meaning the real estate agent would earn a sum of 150,000 from the transaction.

 

It is very necessary for you to know how to prepare for an interview, you don’t have to wait till you have an interview before you prepare.

In this article, we will take a look at everything you need to know before you go for your coming job interview.

You might have successfully gone through perfecting your CV, filling out the application form, and now you are at the final hurdle which is the job interview and they can be very tricky and daunting.

In order not to miss your chances you need to have the knowledge of how to prepare for an interview.

Taking time to thoughtfully consider your goals and qualifications relating to the position and employer is primarily what preparing for an interview entails.

To achieve to, you need to perform a thorough research on the company, making sure you review the job description to understand why you would be a good fit.

Below are 10 effective tips to prepare for a job interview:

(1) Carefully Examine The Job Description:

In case you don’t know, job description is the list of the qualifications, qualities and background the employer is looking for in an ideal candidate.

The employer will be able to see that you are qualified when you try to align yourself with the job description details.

Another thing about the job description is that it gives you ideas about likely questions the employer may ask during the interview.

(2)Consider Why You Are Interviewing And Your Qualifications:

Before attending any interview you must have a good understanding of why you want the job and why you’re qualified for the position.

It is very necessary for you to be able to explain your interest in the opportunity and why you’re the best person for the role.

(3) Perform Research On The Company And Role:

One of the important part of preparing for an interview is to research everything about the company you are applying to.

Apart from the fact that it will help in providing context for your interview conversations, it will also help you in preparing thoughtful questions for your interviewers.

Make sure you research about the product or service about the company you are applying to.

Although you don’t necessarily need to understand each and every detail, expecially if it is a technical product and you are applying for a non technical position.

All you have to do is to have a basic understanding of the main product or services the company offers.

(4) Researching about the role you are applying for will also prepare you with thoughtful, targeted questions about the position during the interview.

If possible try to research about similar positions and read reviews from individuals in those positions, so you will be able to have an idea of what the day-to-day activities will be.

(5) Consider Your Questions To Common Interview Questions:

You won’t be able to predict all the questions you’ll be asked in an interview, but you can always plan your answers for some few common questions you will be asked.

You can also consider developing an elevator pitch that describes who you are, what you do and what you want.

If you are apply for jobs that require test or evaluation during the interview , jobs like computer engineering, development or analytic role and so on.

It will be good for you to consult with colleagues in the industry for examples of test they’ve been given to prepare.

To prepare for this question perfectly, try to learn about the product, service, mission,history and culture of the company.

In your answer, make sure you mention the aspect of the company that appeals to you and at the same time align with your career goals.

(6) Practice Your Speaking Voice And Body Language:

It is very necessary for you to leave a positive and lasting impression during the interview process.

In achieving this, you can start by practicing a confident, strong speaking voice and friendly, open body language.

Even if it comes naturally to you, you can still try to practice with trusted friends or family or in front of a mirror.

(7) Prepare Thoughtful Questions For The Interviewer:

Employers feel confident about candidates who ask creative and thoughtful questions about the company and the position.

The questions you asked your interviewers shows them how much you’ve researched the company and you are well versed about the position.

You can ask your interviewers questions like “ What does a typical day look like for a person in this position?, What qualities do your most successful employees have? and so on.

(8) Conduct Mock Interviews:

Practicing interviews is the best way to relieve anxiety and improve your confidence.

Although it may feel tedious, but if you keep on experiencing the interview process it will make you more comfortable and help you give the right impression.

If you find out that your answer sounds awkward or it doesn’t convey what you wish when it’s spoken, try to refine your answer and commit them to memory.

The more you repeat your interview, the more confident you’ll be during the real thing.

(9) Print Hard Copies Of Your Resume:

Many employers ask for copies of your resume during the application process but they may not have access to it during the interview itself.

Taking extra copies of your resume to your interview , shows your interviwer that you’re prepared and organized.

You must have at least three coples to provide for multiple interviewers, plus one for yourself to follow along.

Apart from taking extra coples of your resume to your interview, make sure you rehearse explanations for any gaps that may appear or other oddities.

Like the rest of the interview, it’s best to prepare for these questions by writing notes and rehearsing your answers out loud multiples times prior to the interview.

(10) Get To The Location Early:

It is advisable for you to leave for your interview early, even if it means arriving way too early.

If you decide to leave for your interview few minutes to the time, some obstacles may occur that will make you extra late, such as traffic, accident and so on.

If you are wondering about what to do to while away time when you get to your interview location early, you can always use the time to go over your notes and mentally prepare for your interview.

We all want that beautiful, glowing and shining skin, but sometimes it can be quite expensive so in this series of “how to” the daily page will be educating you on how to make a homemade body oil for you skin.

Firstly, you need only five  ingredients to make this homemade body oil.

1. Carrot 

2. Tumeric (turmeric powder or natural turmeric)

3. 1 Lemon

4. Aloe vera

5. Oil ( coconut oil, castor oil… ) you will also need a grater and a cooking pot.

These are the ingredients you need so let’s take all the steps together.

STEP 1

The first thing you will do is to wash all the carrot, turmeric (s) and  lemon.

STEP 2

After washing them clean, you will then peel the back of your carrots and turmeric If the turmeric you are using is not powdered.

STEP 3

After this is done the next thing to do is to bring out your grater and grate your carrots, turmeric and the back of the lemon and also cut your aloe vera into smaller pieces.

STEP 4

So now that you have you carrots, turmeric, and lemon grated, you have your aloe vera sliced. The next thing you need to do is to put it all inside a pot and add the oil of your choice into the pot and then put it on your gas cooker, stove, hot plate whatever it is that you own at home and cook it.

It should be cooked under a very low temperature for the next thirty to forty minutes. While it is being cooked you will stir it until the mixture becomes translucent ( until the mixture becomes clear or transparent )

STEP 5

After thirty or forty minutes you will wait for it to cool down then you will sieve the mixture. You can either use a stainless steel sieve or any one of your choice.

STEP 6

After this is done you will transfer the liquid into a bottle of any container of your choice.