The Okri Property Show (TOPS) is there to educate inves-tors or First Time Buyers. The Show also seeks to expose the last remaining secret of wealth creation through property investments.
As a First Time Buyer, there are many factors to consider before purchasing the first property.
The first-time buyers may appear to be struggling’ amongst property purchasers, never-the-less an essential contributor to the housing market. We shall be exploring ways in which to empower the this group of individuals.
‘Accidental landlords’ are landlords whose decision to let their property is as a result of circumstance, rather than design. There are any number of reasons that someone might become an accidental landlord. Often the owner inherited the property, or has had to relocate. Or, maybe they have separated from their partner. Whatever the circumstances, the owner(s) has decided that their best, or only, option is to let that property rather than to sell it or remain in residence.
We will demonstrate to this group with intention of earning a return on the investment, either through rental income, the future resale of the property or both. An investment property can be a long-term endeavour or an intended short-term investment such as in the case of flipping, where real estate is bought, remodelled or renovated, and sold at a profit.
After spending over 10 years as a lawyer and as a Property Invest-ment Strategist, Godwin Okri is now moving into TV presenting. Mr Okri, who is CEO of Menvo Limited, a property consultancy firm, says that he was ap-proached by BEN TV to create a property investment show. The Okri Property Show (TOPS) was created primarily to educate and create investment awareness to the British public.
The benefits of holding real estate are well established. The asset class offers diversification benefits alongside equities and bonds and has historically delivered returns with relatively low levels of volatility. These returns are founded upon the
generation of rental income.
When it comes to property investment, location is an important factor to take into account. It is fundamental, since you want to invest in an area with low priced property in an area vested with good economic and employment prospects.
The timing of your property investment is of paramount importance. Economic and local property market, inflation, interest rates and consumer confidence index are some of the factors that determine your timely fashion. In so doing, the timing of your purchase makes a veritable difference.
Pending on your current circumstances and your future determination, you have a choice. The choices include the following- residential houses/flats, student accommodations, holiday let, care homes, HMOs
