Property Investment

About Property Investment

Today, like many other potential investors, you may be asking the question: “Where and in what you should invest this time and season?”

Picking the market or what you want to invest in, is not what The Black Jewels Network does. You all have enough advisers, and hopefully enough common sense to make your decisions. Nevertheless, we can surely give you these good tips:

• The rise in property investing in recent years has been unprecedented in the African continent (most especially in Ghana, Nigeria, South Africa). While many foreign investors have started taking advantage of the unparalleled opportunities of investments in Africa, the number of indigenous private developers is growing per day, and many investors have now recognized that their homes are their highest-performing asset.

• When properties are continually going up, you don’t need a lot of help in making a buying decision, certainly not from an investment point of view anyway. However, when the property goes into decline, a large number of investors, those who are timid and those who are over-stretched will be forced off the bandwagon. Many people will give up out of fear, but the largest group leaves because of bad cash flow and insufficient reserves.

• Therefore, it is needful to plan your investment strategy based on the bad times, not the good times.

• Always look for strong local economies, good standards of living, and relatively high salaries for those living and working in your chosen destination. If you are thinking of buying properties, one would suggest you only consider investing in a market where the locals earn enough money to easily rent or ideally buy your investment property. If they don’t, it means the only person you could sell to in times of difficulty would be ANOTHER investor. By definition, when the financial markets are in turmoil there won’t be many other investors around. Never restrict your investment in this way.

• When the markets are rising just about everywhere, you could stick a pin in a map of the world and still have a chance of doing well. It’s at times like this that any fool can (almost) buy any property and make money. But when the markets are in turmoil, the rats leave the ship, and only the experienced stay on board.

• In times like this, Africa is the next property good spot. You may ask, “But why this assertion?” it is because every market has supply and demand cycles. So the key for investors is the need to spot a country where demand is rising and supply is limited. Africa has many of these emerging markets like Egypt, South Africa, Nigeria, Ghana, e.t.c. prospective foreign investors, African Americans, Nigerians, and Africans in Diaspora should get in there and make good returns on their investments.

Right now, some investors are catching in on this time dispensation (a period of great investment opportunities in disguise). For instance, a Nigerian sister with her family based in the United States of America, came briskly to Nigeria some few years back to invest in real property. She secured some acres of land through the Public-Private Partnership initiative of the Federal Ministry of Lands and Housing. Today, she has completed the first phase of a housing estate project in Osun State, Nigeria. Fortunately for her, the Nigeria Police agreed with a good offer.

For experienced property investors, this is the time to buy more properties, even though they do not know which way the market is heading in the short term. The reasons to invest are simple:

1. As a sensible property investor, like many other markets, one expects the property market to go up and down – so it is not something that bothers an experienced investor. We are all in it for the long term and any drop in prices is considered as a buying opportunity, not a selling opportunity.

2. Africa’s market continues to suffer from under-supply, while demand is not falling. In fact, due to the rate of population growth and more migration of the people to the cities, the demand is increasing per day. Today, there is great demand not only for residential properties but spaces for a business like shopping complexes.

Therefore, there are opportunities for private investors and even banks to have working modalities with the State Governments and appropriate organs of the government to build low-cost houses and shopping complexes in the Central Business Areas, most especially in the State capitals.

The Black Jewels Network provides adequate information for investors, who want high potential returns on property investment while managing their risk. Through this medium, you can get into property investment quicker and smarter: minimizing financial outlay and maximizing capital returns.