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<v Speaker 1>Hey, hey folks, welcome everyone, Welcome to a little about

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<v Speaker 1>the space in calu Asha. On the space, every week

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<v Speaker 1>we're talking money, the economy, and of course pastal finance.

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<v Speaker 1>This week we're talking real estate, so I hope we

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<v Speaker 1>can't talk real estate. And Guy invited a word to

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<v Speaker 1>talk to us about real estate. It's an interesting as

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<v Speaker 1>a class real estate because it's one class that gives

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<v Speaker 1>you security and also gives you income. So if you

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<v Speaker 1>get real estate, if you buy the house, the house appreciates.

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<v Speaker 1>What if you buy like a commercial property or you

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<v Speaker 1>have a rental, of course you earn income. So you're

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<v Speaker 1>a unique as a master in anyone's spot for you.

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<v Speaker 1>And there are many ways to get exposure to of

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<v Speaker 1>course real estate. You can buy the house, or you

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<v Speaker 1>can buy the paper that signifies to buy the house.

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<v Speaker 1>The people would be like a real estate real estate

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<v Speaker 1>investment trust or even a new sho'll fund that investing

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<v Speaker 1>in real estate. So many many ways for you to

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<v Speaker 1>get access to that market. And that's what we'll talk about.

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<v Speaker 1>To compare which is better, you know, buy the house

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<v Speaker 1>or buying the location itself or actually just going straight

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<v Speaker 1>to the paper. So I'm a market guy, So I

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<v Speaker 1>can talk about the paper. I can give you the

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<v Speaker 1>rate of victim and dividend yield of maybe a read

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<v Speaker 1>in Nigeria and all that. But I only didn't want

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<v Speaker 1>this one to talk to us about the real estate space.

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<v Speaker 2>He set me unlessay is having.

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<v Speaker 1>Some difficulty logging in, So I have a bit of

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<v Speaker 1>Latin time. So if you can log in, we're gonna

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<v Speaker 1>talk to something else. Guys, I apologize, but we'll see

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<v Speaker 1>how it goes. So just by way of information or

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<v Speaker 1>should it just just by way of comparison?

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<v Speaker 2>I looked at the when let me put this way.

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<v Speaker 1>When you buy real estate and you want to compare,

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<v Speaker 1>and you say should I buy real estate?

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<v Speaker 2>Or should I buy stocks? Or should I buy bonds?

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<v Speaker 2>I got a question.

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<v Speaker 1>A lot of people say, I have ten error? What

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<v Speaker 1>should I do? Should I buy land? Should I buy property?

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<v Speaker 2>And all that.

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<v Speaker 1>When you want to compare, you're trying to compare the

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<v Speaker 1>return on your investment.

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<v Speaker 2>That's the first thing, right.

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<v Speaker 1>If you want to buy bonds, you want to buy stocks,

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<v Speaker 1>you want to buy real estate, this has to give

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<v Speaker 1>you a return. If it's not giving you a return

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<v Speaker 1>per se, then you really can compare life for like, So,

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<v Speaker 1>what I mean is you cannot compare is stock paying

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<v Speaker 1>you a dividend to a piece of land that is

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<v Speaker 1>not paying you a dividend. Those are two things. It's

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<v Speaker 1>not because one is a stock and one is a dividend.

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<v Speaker 1>But one is giving you a return and the other

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<v Speaker 1>one isn't You have to compare the returns on boats

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<v Speaker 1>so that you can say it has a higher return.

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<v Speaker 1>Hence I want to go for high returns or I

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<v Speaker 1>want to go for safety. So the very very first

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<v Speaker 1>thing you must do when you want to compare, to

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<v Speaker 1>ask yourself is there a stream of income from that

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<v Speaker 1>asset class. So if I was say forty years old,

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<v Speaker 1>and I got a fifty million ere alone in Nigeria,

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<v Speaker 1>where should I invest?

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<v Speaker 2>Ask Monilo Nigeria. Remember, if you put.

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<v Speaker 3>It in equities, which is a stock market, you are

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<v Speaker 3>going to get an appreciation in the investment should put in?

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<v Speaker 1>So the principle, this is simple. What the principle might increase? Right,

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<v Speaker 1>you might invest fifty million and it's now worth.

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<v Speaker 2>Sixty million because of inflation.

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<v Speaker 1>But what's the actual return that fifty million is paying you?

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<v Speaker 1>That's what we're trying to figure out. What's the actual

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<v Speaker 1>return the fifty million is giving.

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<v Speaker 2>Back to you.

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<v Speaker 1>If you build a house for fifty million era, the

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<v Speaker 1>house is worth fifty million next year inflation is worth

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<v Speaker 1>sixty million.

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<v Speaker 2>But what is the rental from the house. That's what

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<v Speaker 2>we want to figure out as well. So I try

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<v Speaker 2>to compare.

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<v Speaker 3>The rental from the house, and then the dividend yield

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<v Speaker 3>from the stocks, and even the bond yield from the bond.

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<v Speaker 3>We are comparing yield and not the valuation per se

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<v Speaker 3>of the stock. Many times we make that mistake, especially

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<v Speaker 3>with real estate. We say, if I buy a house,

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<v Speaker 3>what's fifty million in ten years is worth five hundred million.

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<v Speaker 2>So my principle has appreciated. That's fine, But what is

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<v Speaker 2>the yield?

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<v Speaker 1>The yield is the real return that you want to

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<v Speaker 1>be comparing with. Otherwise it might be shocker better for

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<v Speaker 1>it to simply put your money in the bank and

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<v Speaker 1>get the return, because of course you have no cost

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<v Speaker 1>of maintenance, you have no cost of paying this to

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<v Speaker 1>the local government or pain that all you have to

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<v Speaker 1>do is invest and get the money.

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<v Speaker 2>That's the difference between.

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<v Speaker 1>As a classic comparison, you have to compare the return

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<v Speaker 1>i e.

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<v Speaker 2>The yield it's giving you so question for us.

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<v Speaker 1>Now, I look at the market and I ask my computer,

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<v Speaker 1>what's the highest yielding investment in Niger.

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<v Speaker 2>This is the dividend yield.

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<v Speaker 1>So if I invested one naira, which companies in Niger

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<v Speaker 1>would give me the highest return in terms of return

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<v Speaker 1>not the appreciation in the stock price, but they return

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<v Speaker 1>to me visa base dividends. Number one was Uba about

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<v Speaker 1>eleven percent. Number two was Access Bank about ten percent.

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<v Speaker 1>Number two was then in Bank about nine percent, so

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<v Speaker 1>banks bank spans. The fourth one was s Fsral.

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<v Speaker 2>Sset Investment Trust.

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<v Speaker 1>So a real sset investment trust takes your money like

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<v Speaker 1>the mutual fund and.

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<v Speaker 2>Then invests in properties.

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<v Speaker 1>So s Fsrail Investment Trust is offering me a return

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<v Speaker 1>of eight point eight percent eight point eight nine percent.

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<v Speaker 1>That's the dividend yield it's offering to me eight point

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<v Speaker 1>eight nine percent. What that means If I invest one

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<v Speaker 1>hundred naira, I get eight nira eight nine cobo back.

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<v Speaker 2>That's what it means.

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<v Speaker 1>This is what you want to use to compare with

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<v Speaker 1>the stalks and the bonds. So you want to ask yourself,

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<v Speaker 1>if I buy a federal government bond, what's a federal

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<v Speaker 1>government bond gonna pay me.

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<v Speaker 2>If you did a federal.

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<v Speaker 1>Goverment savings bond for about two years, you're gonna get

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<v Speaker 1>buy eleven percent. So you can see just off the

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<v Speaker 1>bat with no risk feller goverment savings bond compared to

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<v Speaker 1>relative investments and making more.

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<v Speaker 2>Money in the federal government bond.

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<v Speaker 1>But the federal goment bond is only two years, the

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<v Speaker 1>Silians bond only two years. After two years, what happens?

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<v Speaker 1>And number two, I really don't have any principalwer appreciation.

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<v Speaker 1>I am not buying anything. I'm buying a house that

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<v Speaker 1>would appreciate. But in this bond, I'm putting my principal

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<v Speaker 1>down and I'm getting the rictory tone on it. But

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<v Speaker 1>I want you guys to find what I'm doing here.

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<v Speaker 1>You are looking at the yield, and your yield is

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<v Speaker 1>what you make as a fraction of what you invested.

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<v Speaker 1>You don't look at the yield automatically. You don't look

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<v Speaker 1>at the growth of the asset per see. You look

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<v Speaker 1>at the yield what you are making from that investment.

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<v Speaker 1>So I just want to set that stage for us

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<v Speaker 1>when we're talking relative state. We have to stop looking

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<v Speaker 1>at the asset appreciation itself. But try to look at

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<v Speaker 1>the return that that principle I have invested has returned

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<v Speaker 1>for me, which means if you are if you have

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<v Speaker 1>property today and that rental is.

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<v Speaker 4>Giving you less than what the federal government will pay

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<v Speaker 4>you if you invest in the bond, then quote unquote,

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<v Speaker 4>you are losing money because you should not get anything

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<v Speaker 4>less than what the federal commute is the risk free

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<v Speaker 4>rates in nigerioras is to the point because the federal

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<v Speaker 4>government is risk free, risk free, and then you are

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<v Speaker 4>taking the risk to buy property.

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<v Speaker 2>But when you buy property.

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<v Speaker 3>You should get at least what the federal going is

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<v Speaker 3>going to pay you because that's the risk prey rate.

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<v Speaker 2>The property tenant should pay you more than that to

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<v Speaker 2>make your returns higher.

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<v Speaker 1>But it's a difficult thing to talk about. So that's

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<v Speaker 1>why I brought an expert in here.

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<v Speaker 3>Devo non devo. For more than ten years, I've been

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<v Speaker 3>a customer. Also because a friend and I think it's

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<v Speaker 3>been that space. It's very hard to get put that

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<v Speaker 3>in that space consistently that come and talk to us

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<v Speaker 3>a barrow. I brought him in here this week to

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<v Speaker 3>talk to us about relatives have a lot of topics.

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<v Speaker 2>We're gonna cover devo.

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<v Speaker 1>If you're here, you're not on mute, hit that on

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<v Speaker 1>mute button, Go ahead and introduce yourself. Done the little

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<v Speaker 1>talk on the yields setting the stage up. Go ahead, So.

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<v Speaker 2>Thank you very much, Thank you very much, and.

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<v Speaker 5>Glad to be here.

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<v Speaker 2>Thank you for giving me.

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<v Speaker 6>It's a pleasure.

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<v Speaker 7>And yeah, good day to everyone on this space.

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<v Speaker 6>I'm sure that we are enjoying into various parts of

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<v Speaker 6>the ward.

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<v Speaker 2>Wherever you are in this could be excellent. But who

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<v Speaker 2>are you? Let's get to know you. Who are you,

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<v Speaker 2>what you do? How long have you done it?

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<v Speaker 8>Okay?

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<v Speaker 6>Great?

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<v Speaker 2>So my head is staple at the journey.

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<v Speaker 9>Trained as an agric engineer University of Learning, nineteen.

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<v Speaker 2>Ninety four, told have in nineteenninetyeople for us who strike

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<v Speaker 2>ninety served in the dugue and then started my banking

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<v Speaker 2>career in nineteen ninety six. Wanted the bank.

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<v Speaker 9>For eight years, I was in an equity bank which

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<v Speaker 9>later joined with Go acquired by Intercontinental and then Kasnaga

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<v Speaker 9>later goes to a bass So then left for Fortune Bank.

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<v Speaker 6>Was one of the founding members of.

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<v Speaker 2>Fortune Bank middle management.

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<v Speaker 9>Level and I exited banking in two thousand and four

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<v Speaker 9>to set up my real estate spreneurship career in two

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<v Speaker 9>thousand and five. So what led me into real estate

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<v Speaker 9>was that my last three years in the banking sector,

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<v Speaker 9>I was moved to market.

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<v Speaker 2>In my first five years was in operation.

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<v Speaker 9>So real estate was part of the portfolio I was

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<v Speaker 9>managing and another to write credit, you have to do

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<v Speaker 9>research and all of that, and all of that open

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<v Speaker 9>being up to the world of real estate.

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<v Speaker 2>I got who done it?

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<v Speaker 9>I guess and I have now recovered saying so I've

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<v Speaker 9>been into doing the real estate spaces.

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<v Speaker 2>Two thousand and.

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<v Speaker 9>Five as an entrepreneur, started Relative Point Limited with a

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<v Speaker 9>few investors.

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<v Speaker 6>We are leveled in number.

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<v Speaker 2>And we were sat together today.

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<v Speaker 9>Company, by the grace of God, has been in existence

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<v Speaker 9>for almost twenty years.

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<v Speaker 2>Now.

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<v Speaker 9>Next year we'll be celebrating our twenty eight year business.

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<v Speaker 9>And yeah, we started from the low bodget transactions and

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<v Speaker 9>then we moved on our cross the space. We now

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<v Speaker 9>do development, proper development as well as the full skill

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<v Speaker 9>development we also do. We have not left the low

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<v Speaker 9>bod yet. We just you know, continue to as to

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<v Speaker 9>what we do. We are very strong on learning and

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<v Speaker 9>development in the space as well. We're all arguably maybe

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<v Speaker 9>for the for the and the risk concerning the modest

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<v Speaker 9>maybe the foremost real ested learning and development initiative in

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<v Speaker 9>the Jerior Court School of insted that business. And we

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<v Speaker 9>also are into investment application.

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<v Speaker 2>In some sense, using very.

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<v Speaker 9>Dynamic innovative instruments to ensure that people can invest.

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<v Speaker 2>In real estate.

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<v Speaker 6>Attend.

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<v Speaker 9>Our own drive is really to democratize rel essay, that is,

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<v Speaker 9>for what they want. So our target market usually includes

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<v Speaker 9>the low head.

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<v Speaker 2>That is not to say that we don't.

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<v Speaker 6>Deal with the igh head, but we usually have low and.

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<v Speaker 2>We do in our institution in most of our produce.

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<v Speaker 10>So that's the not.

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<v Speaker 5>Yeah.

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<v Speaker 9>Emb in marketing and then attended the Love Years two

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<v Speaker 9>thousand and tender as well.

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<v Speaker 2>MP fourteen don't business and we do business both in

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<v Speaker 2>Nigeria and in the UK.

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<v Speaker 9>We've done to buy before we've got our fingers points with,

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<v Speaker 9>but we actually do business in Aginia.

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<v Speaker 10>And the UK.

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<v Speaker 11>Presenting us a song that is interesting to us, are study.

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<v Speaker 9>In that creating maybe alliance series and connections that they

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<v Speaker 9>enabled us to that.

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<v Speaker 2>So that's well, that's a nice one.

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<v Speaker 1>You mentioned all those banks, Fortune and Oppro back memories

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<v Speaker 1>in Nigeria and the gen Z guys will follow all

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<v Speaker 1>those banks.

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<v Speaker 2>That we had used to have in the past. You know.

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<v Speaker 1>Interesting, Yeah, and nearly twenty years in the business coruessations

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<v Speaker 1>that that's a milestone.

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<v Speaker 2>For you in Nigeria. Did you know table that the

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<v Speaker 2>average age of a Nigerian startup is two years?

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<v Speaker 1>Did you know that I saw that that's a point

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<v Speaker 1>so where the average age of Nigerian startup is two years?

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<v Speaker 2>Well, okay, I don't know it's two years.

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<v Speaker 6>But I know that it lost five years.

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<v Speaker 2>Do you know why it's two years there? Do you

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<v Speaker 2>know why why it was around two years? Do you

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<v Speaker 2>know why? Big?

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<v Speaker 1>Because you paid two years rent in Nigeria, So when

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<v Speaker 1>the rent expire, that's when it actually dies and my

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<v Speaker 1>die in six months, but that's two years rent to expires,

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<v Speaker 1>the business has to close down formally, so many does

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<v Speaker 1>just die in one month, three months, seven months?

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<v Speaker 2>Or what's that?

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<v Speaker 1>Your rent has inspired your take down? Your sign post

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<v Speaker 1>that we say a well business? Very interesting, very interesting?

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<v Speaker 1>All right, that let's get right into it right. Lots

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<v Speaker 1>of folks are listening in the totalisted what's the overall

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<v Speaker 1>real estate? You know, opportunity or sense what's the market doing?

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<v Speaker 1>If you can take us through Nigeria, you know, what's

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<v Speaker 1>the market? What what's the market looking like now? I

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<v Speaker 1>mean we have have high interest rates from the Central

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<v Speaker 1>Bank of Nigeria. We have dollar about one six three something.

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<v Speaker 1>You know, we have stocks to contact. What's the rest

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<v Speaker 1>of the market doing it healthy? Should we be talking

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<v Speaker 1>having this bit around it? Just go ahead, okay, thank you.

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<v Speaker 9>So the real estate market is quite interesting in Nigeria.

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<v Speaker 9>It can be very healthy and also can be very problematic.

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<v Speaker 6>And that's why I encourage you and I also.

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<v Speaker 2>Like what you're doing.

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<v Speaker 9>People need to get acknowledged before they go into any

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<v Speaker 9>investment essent echever one.

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<v Speaker 2>So what overall if you're doing play real esses knowledge,

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<v Speaker 2>it's very interesting.

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<v Speaker 6>And yes, it's still it's still.

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<v Speaker 12>An assets has to really look at and it's still

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<v Speaker 12>very very very very.

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<v Speaker 2>Profitable when it comes to investment.

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<v Speaker 6>Especially where you are still at.

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<v Speaker 9>The appreciation you know, growth investment schange m hm.

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<v Speaker 1>And by that you mean you're a very young you're

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<v Speaker 1>a young guy that has a lot of death, they

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<v Speaker 1>very low income and in the stage of your life.

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<v Speaker 9>Exactly exactly real estage is still one of asset class

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<v Speaker 9>you should invest.

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<v Speaker 13>And that is primarily because so I heard you talk

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<v Speaker 13>about the treasure. That's primarily because you don't have time

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<v Speaker 13>for a precision to read.

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<v Speaker 2>Kicking and kicking very well. If you, if you, if

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<v Speaker 2>you put the right.

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<v Speaker 9>Properties okay at their a stage, okay, you have enough

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<v Speaker 9>time for.

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<v Speaker 6>A precision to kick in.

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<v Speaker 2>And I take, for example, there's a property in a

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<v Speaker 2>Budja that.

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<v Speaker 9>Suited for five million mira in whenever Songier was doing privatizing.

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<v Speaker 9>I mean it's a private you know, and the ready

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<v Speaker 9>way selling for the governments and monetization, and it was

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<v Speaker 9>also post called if I if I, if I'm correct,

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<v Speaker 9>you know, so some.

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<v Speaker 2>People bought that property, that particular property.

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<v Speaker 9>For five million there as our last year.

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<v Speaker 2>I don't know the value as our last year. When

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00:16:13.519 --> 00:16:14.519
<v Speaker 2>I had something.

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<v Speaker 9>To do with that property in October last year, I

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<v Speaker 9>was going for a warm fifteen million.

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<v Speaker 2>Wow. Wow, yeah, it was going for fifteen million.

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<v Speaker 6>But this is a two thousand.

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<v Speaker 14>And five and two and twenty three as eighteen years.

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<v Speaker 2>I couldn't get what it did all through the years.

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<v Speaker 9>But I figured looking at the market data that the

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<v Speaker 9>property would have climbed in terms of appreciation.

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00:16:48.600 --> 00:16:52.399
<v Speaker 2>Particularly post code, because.

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<v Speaker 9>Property values are in some cases tree put between twenty

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<v Speaker 9>nineteen and now.

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<v Speaker 1>Would you say, would you say that in Nira is

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<v Speaker 1>it dollar appreciation tripling or is it.

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<v Speaker 2>Like the scarcity of properties to the person's gone up?

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<v Speaker 1>What's driving the appreciation of property in Nigeria?

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<v Speaker 6>Okay? Major?

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<v Speaker 2>You know? For properties, it's really reacts to inflation. Major

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00:17:21.880 --> 00:17:23.799
<v Speaker 2>you know, so it helps to hedge.

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<v Speaker 10>Against and that is that is?

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00:17:26.720 --> 00:17:30.039
<v Speaker 2>That is what I would say is the major is

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<v Speaker 2>the major using for me?

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00:17:32.160 --> 00:17:34.079
<v Speaker 6>Uh, nothing more than that.

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<v Speaker 9>It's just the market forces of majors.

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00:17:39.920 --> 00:17:43.359
<v Speaker 2>Our inflation has been crazy for school. So does this

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<v Speaker 2>come across all cities in Nigeria?

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<v Speaker 3>If I had property in Abba or Calamba or you'll

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<v Speaker 3>be would it still rise to this high inflation rate

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<v Speaker 3>or is it just yeah, they're still done for me?

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<v Speaker 2>Okay?

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<v Speaker 9>So the prominent cities very pronounced in Legos, is there

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<v Speaker 9>in some degree a Bouja? And then important cause don't

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<v Speaker 9>you feel this more? In Legos?

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<v Speaker 2>These are legal stata.

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<v Speaker 15>I means, for example, recorded the highest you.

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<v Speaker 6>Know, in terms of apprecision in this period. And I think.

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<v Speaker 5>Beta has it that last year in low Lita has

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<v Speaker 5>it that would.

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00:18:28.960 --> 00:18:32.119
<v Speaker 6>Be dip twelve percent in one year.

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<v Speaker 1>Represent Why is it because the bridge why good is

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<v Speaker 1>at the beside the Jata.

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<v Speaker 2>It's next to tell the land bridge. It's not like

359
00:18:42.119 --> 00:18:43.519
<v Speaker 2>it connects to everywhere.

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00:18:44.440 --> 00:18:47.680
<v Speaker 9>Yeah, Google connected everywhere and then we do one side

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<v Speaker 9>of Google.

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00:18:48.599 --> 00:18:49.319
<v Speaker 6>I'm talking about it.

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<v Speaker 2>The beauty. That's the one that different to watch and.

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00:18:53.400 --> 00:18:57.119
<v Speaker 6>That beauty of area. We are very nice properties there.

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<v Speaker 2>Gr gr is in very prominent into the place.

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<v Speaker 5>There and like the criminal a cream place, one of.

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<v Speaker 9>The best places of the mainland, you know. And proximity,

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<v Speaker 9>like you've mentioned, also makes it a very interesting place

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<v Speaker 9>that people want to stay. Talk about airport opportunity to that,

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00:19:17.079 --> 00:19:21.039
<v Speaker 9>talk about that's pontimuity to me. Talk about the mail

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00:19:21.160 --> 00:19:24.039
<v Speaker 9>and that's oportunity because you can get out and get

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<v Speaker 9>it into Googo uh straight into the out of mainland

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<v Speaker 9>or streets on your way.

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<v Speaker 6>To the island, you know.

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<v Speaker 9>So and then airport is just still through us into

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<v Speaker 9>where so that makes it and of course it's.

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00:19:38.799 --> 00:19:39.519
<v Speaker 10>Duty of the area.

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<v Speaker 9>So it's the development that is available there as it were,

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00:19:44.720 --> 00:19:48.000
<v Speaker 9>you know, so that's demand is high more of that.

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00:19:48.160 --> 00:19:51.519
<v Speaker 9>So the verses of inflation, and then of course demand

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<v Speaker 9>as well, discussing supply.

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00:19:54.160 --> 00:19:58.599
<v Speaker 1>So lets legs is fantastic. Let's let's find legosy away.

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00:19:59.000 --> 00:20:03.519
<v Speaker 1>What other city is there opportunities in Nigeria? If I'm listening,

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<v Speaker 1>I'm a Nigerian guy. I want to invest in something

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00:20:07.000 --> 00:20:10.200
<v Speaker 1>short lived? What's that's just five legos to five?

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00:20:11.960 --> 00:20:12.359
<v Speaker 16>The same?

387
00:20:12.440 --> 00:20:12.920
<v Speaker 2>Short lived?

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<v Speaker 1>Particularly no just investment in form I can give me,

389
00:20:16.039 --> 00:20:20.039
<v Speaker 1>like you said, rental or the opposition will be there

390
00:20:20.079 --> 00:20:22.720
<v Speaker 1>to be rental. What are the good opportunities we are

391
00:20:22.759 --> 00:20:27.920
<v Speaker 1>the floridas in in Nigeria, Well, the glory.

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<v Speaker 5>There and let's be because and then a.

393
00:20:31.240 --> 00:20:32.400
<v Speaker 6>Bit of potal courts.

394
00:20:32.920 --> 00:20:36.920
<v Speaker 9>But because of the political I would see.

395
00:20:36.920 --> 00:20:39.839
<v Speaker 2>To in portal courts to our next day. It has

396
00:20:39.920 --> 00:20:47.880
<v Speaker 2>also retarded the growth in case you know, I said

397
00:20:47.920 --> 00:20:52.559
<v Speaker 2>that it's flacing one challenge or in could is constant challenge.

398
00:20:53.160 --> 00:20:57.960
<v Speaker 2>They went is left weekends challenge you know. So that's

399
00:20:58.119 --> 00:21:01.920
<v Speaker 2>also created the mun security, the oil bound creat and

400
00:21:02.000 --> 00:21:03.759
<v Speaker 2>also all of that has.

401
00:21:03.680 --> 00:21:09.000
<v Speaker 9>Someffect because a lot of I think towards sometimes between

402
00:21:09.079 --> 00:21:12.400
<v Speaker 9>twenty twenty nineteen and twenty twenty one, a lot of

403
00:21:12.400 --> 00:21:15.480
<v Speaker 9>people migrated from what I could have located during.

404
00:21:15.480 --> 00:21:16.680
<v Speaker 2>The security and all of that.

405
00:21:16.880 --> 00:21:19.880
<v Speaker 9>So I would say that this is how we classify

406
00:21:20.000 --> 00:21:25.759
<v Speaker 9>these cities begus if recording the city okayja.

407
00:21:25.359 --> 00:21:28.400
<v Speaker 2>Okay, and you can follow it up with the.

408
00:21:28.640 --> 00:21:31.279
<v Speaker 6>Likes of what our course I didn't.

409
00:21:31.079 --> 00:21:34.799
<v Speaker 5>Can start taking maybe a quiemble okay.

410
00:21:34.920 --> 00:21:38.839
<v Speaker 2>Acquirement was also doing relatively well using is the normal

411
00:21:39.000 --> 00:21:40.319
<v Speaker 2>industries moving over.

412
00:21:40.319 --> 00:21:45.799
<v Speaker 9>There in landscape is beautiful and infrastructure wise, it is

413
00:21:45.880 --> 00:21:49.400
<v Speaker 9>talking much as twenty So it's witnessing lots of fun

414
00:21:49.559 --> 00:21:54.799
<v Speaker 9>dimaging investments, especially along the line of manufacturing to dog

415
00:21:54.880 --> 00:21:56.839
<v Speaker 9>shown processing and stuff like that.

416
00:21:57.400 --> 00:22:00.839
<v Speaker 2>So it's causing some activities in space there.

417
00:22:01.559 --> 00:22:05.440
<v Speaker 5>Then you start talking about like the panor of this.

418
00:22:05.640 --> 00:22:10.680
<v Speaker 9>World and maybe so those are the places that I

419
00:22:10.680 --> 00:22:12.720
<v Speaker 9>would see people can look at.

420
00:22:12.920 --> 00:22:14.839
<v Speaker 2>But I would still say, if you have the option

421
00:22:15.039 --> 00:22:15.759
<v Speaker 2>and if you.

422
00:22:15.759 --> 00:22:19.119
<v Speaker 5>Can afford to, maybe you just want to share the investment.

423
00:22:19.640 --> 00:22:23.559
<v Speaker 1>And Legos and aber What about the twenty when in

424
00:22:23.599 --> 00:22:26.200
<v Speaker 1>the US they have called tri cities. You have the

425
00:22:26.319 --> 00:22:30.720
<v Speaker 1>Ogon state Legos access, you have the Nasara Bucher access,

426
00:22:30.799 --> 00:22:34.319
<v Speaker 1>you have the bar Prota access. Is there any trend

427
00:22:34.400 --> 00:22:37.200
<v Speaker 1>to say if I go to Ogon, I did the

428
00:22:37.359 --> 00:22:39.759
<v Speaker 1>Legos demand robs off on me and I'm able to

429
00:22:39.799 --> 00:22:43.079
<v Speaker 1>get the same return, but in an organ state. Same

430
00:22:43.119 --> 00:22:47.480
<v Speaker 1>thing with Nasarawa, same thing with a bar to protacon.

431
00:22:47.640 --> 00:22:50.000
<v Speaker 1>Is there any any manage in that conversation.

432
00:22:51.000 --> 00:22:52.160
<v Speaker 10>Yeah, thank you very much.

433
00:22:52.279 --> 00:22:56.440
<v Speaker 2>So the these settlements in the fringes.

434
00:22:56.000 --> 00:23:01.359
<v Speaker 17>Of town, okay, yes, where you talking about legos for example,

435
00:23:01.359 --> 00:23:02.240
<v Speaker 17>if you're talking about the.

436
00:23:04.240 --> 00:23:05.960
<v Speaker 6>Movies of those worlds.

437
00:23:05.880 --> 00:23:11.640
<v Speaker 10>The back forward the I mean, I I mean.

438
00:23:12.400 --> 00:23:14.559
<v Speaker 6>More way of further that acts.

439
00:23:14.839 --> 00:23:20.160
<v Speaker 9>Yes, it's already enjoying beligous robin off.

440
00:23:20.839 --> 00:23:25.519
<v Speaker 2>Well, not exactly the same rate. It's just that exact.

441
00:23:25.200 --> 00:23:28.720
<v Speaker 9>Places that where you show yourself likely based on maybe

442
00:23:28.839 --> 00:23:31.960
<v Speaker 9>comptter activities and stuff and information, it would be the

443
00:23:32.079 --> 00:23:35.920
<v Speaker 9>right time now, and so someone in firstructure would help

444
00:23:36.000 --> 00:23:40.440
<v Speaker 9>despike that results and very appreciable.

445
00:23:41.519 --> 00:23:43.160
<v Speaker 6>Good in terms of appreciation.

446
00:23:43.759 --> 00:23:45.720
<v Speaker 16>Then so the end.

447
00:23:47.279 --> 00:23:47.799
<v Speaker 2>Is legals.

448
00:23:47.880 --> 00:23:48.759
<v Speaker 6>But then there's the.

449
00:23:48.880 --> 00:23:53.079
<v Speaker 9>General side that is bout around that eparancy. So that

450
00:23:53.319 --> 00:23:59.079
<v Speaker 9>also starts to enjoy legos also who stay goodment, have

451
00:23:59.240 --> 00:24:00.440
<v Speaker 9>the first sights then do.

452
00:24:00.559 --> 00:24:04.480
<v Speaker 2>The road you know, almost like yeah it is not

453
00:24:04.680 --> 00:24:06.799
<v Speaker 2>because we can compare to because of the respects. But

454
00:24:06.960 --> 00:24:11.599
<v Speaker 2>then with good standards rode that who can es came

455
00:24:11.720 --> 00:24:15.160
<v Speaker 2>to be able to and con fee and stuff like that.

456
00:24:15.319 --> 00:24:19.720
<v Speaker 6>So that also has caused some business and appositions.

457
00:24:19.119 --> 00:24:19.720
<v Speaker 18>In that area.

458
00:24:20.200 --> 00:24:23.599
<v Speaker 10>And then that agree well, but that did.

459
00:24:23.480 --> 00:24:26.119
<v Speaker 9>As it then es actually talking about, but that is

460
00:24:26.160 --> 00:24:28.920
<v Speaker 9>only enjoining what he does can do. But then on

461
00:24:29.079 --> 00:24:32.720
<v Speaker 9>that axis of that bad bad so in still as well,

462
00:24:33.079 --> 00:24:36.599
<v Speaker 9>So that area also kind of because is also kind

463
00:24:36.680 --> 00:24:37.599
<v Speaker 9>of robbing of that.

464
00:24:38.119 --> 00:24:39.880
<v Speaker 2>Yes, so what you're saying exist.

465
00:24:39.920 --> 00:24:42.799
<v Speaker 9>I can imagine that for our back and the product

466
00:24:42.880 --> 00:24:49.759
<v Speaker 9>of Abia because of what is happening, has also started to.

467
00:24:49.880 --> 00:24:53.720
<v Speaker 2>See some appreciation and some interest in.

468
00:24:53.839 --> 00:24:58.000
<v Speaker 9>Real estate as a tures.

469
00:24:58.079 --> 00:24:59.880
<v Speaker 6>Of course, the areas of this world my.

470
00:25:03.440 --> 00:25:04.599
<v Speaker 2>On the other side.

471
00:25:07.799 --> 00:25:14.160
<v Speaker 6>Areas of joy.

472
00:25:16.559 --> 00:25:19.839
<v Speaker 2>Yeah, I mean, I remember when I went to Caliber.

473
00:25:19.920 --> 00:25:22.240
<v Speaker 1>I took going to Calaba in August a long time ago,

474
00:25:22.319 --> 00:25:24.680
<v Speaker 1>in August, and I know, I asked the hotel guy

475
00:25:25.200 --> 00:25:27.279
<v Speaker 1>if I could book a room then in August for

476
00:25:27.400 --> 00:25:29.599
<v Speaker 1>like December, I look for the Cannibal. The guy told

477
00:25:29.640 --> 00:25:35.720
<v Speaker 1>me from November there's nothing available in Calaba, not just

478
00:25:35.839 --> 00:25:36.480
<v Speaker 1>the hotels.

479
00:25:36.920 --> 00:25:39.599
<v Speaker 3>Before this was before there was Airbnb. He was like,

480
00:25:39.720 --> 00:25:42.400
<v Speaker 3>people will even give their house house in Calaba the.

481
00:25:42.599 --> 00:25:45.160
<v Speaker 1>Residents And then they're sort of like maybe moved somewhere

482
00:25:45.200 --> 00:25:47.279
<v Speaker 1>else off the street because they give their house homes

483
00:25:47.759 --> 00:25:50.440
<v Speaker 1>off the streets and then they moved for for that

484
00:25:50.640 --> 00:25:53.799
<v Speaker 1>one month period of December. So why bringing calabic That

485
00:25:54.160 --> 00:25:57.079
<v Speaker 1>is there a correlation between when the state government invest

486
00:25:57.200 --> 00:26:01.960
<v Speaker 1>in infrastructure. Again, the example of aquair Bum I used

487
00:26:01.960 --> 00:26:04.039
<v Speaker 1>to be in. I went to aqui Bum when they

488
00:26:04.119 --> 00:26:06.000
<v Speaker 1>had the governor, not not the Senate president.

489
00:26:06.079 --> 00:26:06.599
<v Speaker 6>They one before.

490
00:26:06.759 --> 00:26:07.519
<v Speaker 2>I think it was David.

491
00:26:08.200 --> 00:26:10.480
<v Speaker 1>I don't always name was the guy before the current

492
00:26:10.559 --> 00:26:14.039
<v Speaker 1>Senate president. I went to Aquaibum when the guy was

493
00:26:14.079 --> 00:26:14.519
<v Speaker 1>the governor.

494
00:26:14.799 --> 00:26:17.200
<v Speaker 2>And I'm not kidding. I was not in an Aquaibum.

495
00:26:17.920 --> 00:26:18.720
<v Speaker 2>This senate.

496
00:26:19.960 --> 00:26:23.640
<v Speaker 1>Yeah something I got his name, This current certain president.

497
00:26:23.799 --> 00:26:25.920
<v Speaker 1>I mean, I don't like the guys the way he

498
00:26:25.960 --> 00:26:31.359
<v Speaker 1>has run the Senate, but that guy did wanders in Aquaibum,

499
00:26:31.640 --> 00:26:34.359
<v Speaker 1>and I mean, if you haven't gone to Aquaibum, you

500
00:26:34.440 --> 00:26:37.160
<v Speaker 1>should go. You'll be amazed. I mean when I was there,

501
00:26:37.279 --> 00:26:39.920
<v Speaker 1>they build this on the ground drainage. It used to

502
00:26:39.960 --> 00:26:43.240
<v Speaker 1>be flooded. Now they build this thing that was burger.

503
00:26:44.000 --> 00:26:45.839
<v Speaker 2>They build this thing. You know, it's range. You don't

504
00:26:45.839 --> 00:26:49.319
<v Speaker 2>see any rain. It's a masterpiece in they used the

505
00:26:49.400 --> 00:26:50.720
<v Speaker 2>oil money well in that place.

506
00:26:51.039 --> 00:26:53.519
<v Speaker 1>So my question is is there the correlation you would

507
00:26:53.519 --> 00:26:57.079
<v Speaker 1>see within infrastructure and the price of land.

508
00:26:57.720 --> 00:27:01.240
<v Speaker 2>Gombe State is the estates in Nigeria.

509
00:27:01.359 --> 00:27:05.559
<v Speaker 1>Accordingly data from doing Basic Nigeria to do business in Nigeria,

510
00:27:06.160 --> 00:27:09.799
<v Speaker 1>Gumbe has invested a lot in recoglations in laws. But

511
00:27:09.839 --> 00:27:12.400
<v Speaker 1>I don't hear anyone say I'm going to invest a

512
00:27:12.559 --> 00:27:13.519
<v Speaker 1>factory in Gumby.

513
00:27:14.279 --> 00:27:17.720
<v Speaker 2>But Legos. They talk about Abara. The road to Abara

514
00:27:17.920 --> 00:27:18.640
<v Speaker 2>is shambles.

515
00:27:19.240 --> 00:27:22.319
<v Speaker 1>But everybody is going to I mean what I mean

516
00:27:22.400 --> 00:27:26.680
<v Speaker 1>everybody multinational. There's Nestle, there is Guinness are out there.

517
00:27:27.400 --> 00:27:31.599
<v Speaker 1>So what is the role of infrastructure in this no prastructure?

518
00:27:31.599 --> 00:27:33.079
<v Speaker 1>Does my land price go up?

519
00:27:33.200 --> 00:27:35.319
<v Speaker 2>That's my question? Yes?

520
00:27:35.559 --> 00:27:38.480
<v Speaker 9>I mean other said when you say when infrastructure come

521
00:27:38.559 --> 00:27:42.319
<v Speaker 9>sing doesn't impact the prices of properties one hundred percent?

522
00:27:42.559 --> 00:27:47.400
<v Speaker 2>Because does no doubt about that all across the country.

523
00:27:47.960 --> 00:27:52.400
<v Speaker 17>I mean within sound, outside of town into states where

524
00:27:52.759 --> 00:27:58.839
<v Speaker 17>infrastructure comes from girl imparts of properties enumus for example,

525
00:27:59.240 --> 00:28:00.680
<v Speaker 17>the access you.

526
00:28:00.720 --> 00:28:08.000
<v Speaker 5>Know, since this project, since I s excited, went back how.

527
00:28:07.920 --> 00:28:11.519
<v Speaker 6>Many years it was starting from where I was that

528
00:28:11.799 --> 00:28:12.240
<v Speaker 6>I think.

529
00:28:12.160 --> 00:28:15.640
<v Speaker 9>Around that you remember it probably still around at the

530
00:28:15.680 --> 00:28:16.599
<v Speaker 9>time when it sided.

531
00:28:16.359 --> 00:28:20.400
<v Speaker 5>From an other mobile in the d Miracle, you know,

532
00:28:20.799 --> 00:28:21.599
<v Speaker 5>that was where.

533
00:28:21.400 --> 00:28:24.799
<v Speaker 2>I decided this would put it and his still future,

534
00:28:25.119 --> 00:28:28.160
<v Speaker 2>you know, but it continues to impact and the world

535
00:28:28.240 --> 00:28:29.519
<v Speaker 2>of descending.

536
00:28:29.599 --> 00:28:32.440
<v Speaker 5>The mobile and all about that road, you know.

537
00:28:32.880 --> 00:28:33.440
<v Speaker 10>Just down to.

538
00:28:35.119 --> 00:28:38.960
<v Speaker 9>Toy face one and then all and it's since then

539
00:28:39.039 --> 00:28:41.640
<v Speaker 9>it has impacted I imagine. I can remember what I

540
00:28:41.759 --> 00:28:44.279
<v Speaker 9>did to lay face wrong when I when I when

541
00:28:44.319 --> 00:28:48.759
<v Speaker 9>I difirst culture in first culture started and till today

542
00:28:48.920 --> 00:28:51.119
<v Speaker 9>it's still what is causing.

543
00:28:50.799 --> 00:28:53.000
<v Speaker 6>The kind of opposition that we're we missing on that

544
00:28:53.240 --> 00:28:53.680
<v Speaker 6>access to.

545
00:28:55.680 --> 00:28:58.039
<v Speaker 10>You know more, you know, so that's.

546
00:28:57.960 --> 00:28:58.599
<v Speaker 6>That's in then.

547
00:28:58.640 --> 00:29:02.839
<v Speaker 9>I remember when Legos in Battle God's improved eventually after

548
00:29:03.400 --> 00:29:06.519
<v Speaker 9>a normal at tense right from Barbela kings that believing

549
00:29:06.920 --> 00:29:09.880
<v Speaker 9>and then that sc a lot of those, but I

550
00:29:09.960 --> 00:29:12.839
<v Speaker 9>mean all of that usually consist what weekend is doing

551
00:29:13.039 --> 00:29:13.880
<v Speaker 9>now in a Bouja.

552
00:29:15.119 --> 00:29:19.039
<v Speaker 2>You know. It's also just like starting to tell on prizes.

553
00:29:18.759 --> 00:29:20.680
<v Speaker 6>Or properties create too.

554
00:29:20.759 --> 00:29:24.079
<v Speaker 2>I mean I was in a Buja Thursday and Friday.

555
00:29:23.799 --> 00:29:27.240
<v Speaker 5>For my program and I had like about a one hundred.

556
00:29:27.680 --> 00:29:30.720
<v Speaker 2>Really simplayers in the room for our seminar.

557
00:29:30.440 --> 00:29:35.519
<v Speaker 6>And you ter us in Nigeria, Unnary, it's bad.

558
00:29:36.279 --> 00:29:41.279
<v Speaker 9>That's true because terd an address about two point five cents.

559
00:29:41.759 --> 00:29:44.519
<v Speaker 1>Okay, thev that was my next topic to you to

560
00:29:44.680 --> 00:29:47.039
<v Speaker 1>ask you now about it because if I'm an investor,

561
00:29:47.160 --> 00:29:50.039
<v Speaker 1>I live in America, I have dollars in America.

562
00:29:50.240 --> 00:29:54.039
<v Speaker 2>Dollars in America is paying me today today?

563
00:29:54.559 --> 00:29:58.279
<v Speaker 1>Is paying me anywhere from two percent to five percent

564
00:29:58.400 --> 00:30:01.440
<v Speaker 1>in America. If I take that all out and I

565
00:30:01.640 --> 00:30:05.079
<v Speaker 1>converted to I get about so one six, so I

566
00:30:05.160 --> 00:30:08.079
<v Speaker 1>make some good NIRA and I invest in the propertect.

567
00:30:08.200 --> 00:30:10.799
<v Speaker 1>Then you are telling me the rental year. Is it

568
00:30:10.880 --> 00:30:13.839
<v Speaker 1>broken down by state state? Or let's start with this,

569
00:30:14.279 --> 00:30:16.279
<v Speaker 1>which is better for rental? Is it going to be

570
00:30:16.400 --> 00:30:18.000
<v Speaker 1>commercial or residential?

571
00:30:19.079 --> 00:30:23.559
<v Speaker 2>Commercial? Commercial? What kind of commercial?

572
00:30:24.359 --> 00:30:31.839
<v Speaker 6>Stable as residential? So you make the better greater you,

573
00:30:32.079 --> 00:30:32.759
<v Speaker 6>but then the.

574
00:30:32.880 --> 00:30:34.359
<v Speaker 2>Risk of void is also there.

575
00:30:35.279 --> 00:30:36.839
<v Speaker 10>The vote is more than.

576
00:30:37.440 --> 00:30:43.200
<v Speaker 9>Longer that residential. Okay, what what does BOYD mean vacancy?

577
00:30:43.319 --> 00:30:47.960
<v Speaker 9>The period we experience an empty competition when.

578
00:30:48.720 --> 00:30:51.400
<v Speaker 1>Police and get another When you say commercial, are you

579
00:30:51.440 --> 00:30:54.240
<v Speaker 1>invent to shopping more students, accommodation or what is just?

580
00:30:54.319 --> 00:31:00.799
<v Speaker 9>Because just inten to residential and combacial, So it includes

581
00:31:00.920 --> 00:31:05.359
<v Speaker 9>anything that is commercial. If you talk about retail malls,

582
00:31:05.799 --> 00:31:08.799
<v Speaker 9>you talk about hospitality a lot of those.

583
00:31:09.119 --> 00:31:12.960
<v Speaker 6>You get more retors with commercial property.

584
00:31:13.240 --> 00:31:16.200
<v Speaker 9>But if you're not breaking down even within the commercial space,

585
00:31:16.640 --> 00:31:19.680
<v Speaker 9>and you see retail malls, hopitality.

586
00:31:22.440 --> 00:31:25.559
<v Speaker 2>Of the ready, I don't know those are those.

587
00:31:25.440 --> 00:31:29.440
<v Speaker 1>Are in factories, warehouses are My friend does students accommodation?

588
00:31:30.680 --> 00:31:31.480
<v Speaker 10>Okay, well you.

589
00:31:31.599 --> 00:31:35.119
<v Speaker 6>So, okay, So we do that accommodation.

590
00:31:35.960 --> 00:31:40.799
<v Speaker 9>Once you have patients capital and you can mitigate the

591
00:31:41.039 --> 00:31:41.519
<v Speaker 9>risk of.

592
00:31:43.160 --> 00:31:47.119
<v Speaker 2>Maybe of course vandalization with insurance, and then the risk

593
00:31:47.240 --> 00:31:49.519
<v Speaker 2>of strike, especially if you're dealing.

594
00:31:49.400 --> 00:31:53.799
<v Speaker 9>With governments and institutions, by making sure that you tie

595
00:31:53.880 --> 00:31:57.079
<v Speaker 9>your rainter to the year.

596
00:31:57.319 --> 00:31:59.839
<v Speaker 2>It's not the academical leader. Okay.

597
00:32:00.960 --> 00:32:04.319
<v Speaker 6>Once you can do all of that, the returns are good.

598
00:32:04.440 --> 00:32:08.880
<v Speaker 11>It's just that in most cases the places are saturated.

599
00:32:09.279 --> 00:32:11.519
<v Speaker 2>Okay, but let's go back to your point.

600
00:32:11.559 --> 00:32:13.720
<v Speaker 1>So if you go back to your your commandment about

601
00:32:13.720 --> 00:32:16.599
<v Speaker 1>the rental you so on the average is you study

602
00:32:16.720 --> 00:32:18.960
<v Speaker 1>about two it's about.

603
00:32:18.759 --> 00:32:20.079
<v Speaker 6>Two point five thirty percent.

604
00:32:20.720 --> 00:32:24.480
<v Speaker 2>However, that is that's excluding the lots of areas. So

605
00:32:24.720 --> 00:32:27.359
<v Speaker 2>lots of area you can conveniently get.

606
00:32:27.319 --> 00:32:29.519
<v Speaker 6>Five percent in legos or pots.

607
00:32:30.079 --> 00:32:32.480
<v Speaker 9>But I was amazed to be here that in a

608
00:32:32.599 --> 00:32:36.559
<v Speaker 9>bog in my timer, for example, you could more easily

609
00:32:36.680 --> 00:32:37.440
<v Speaker 9>get ten percent.

610
00:32:37.799 --> 00:32:39.880
<v Speaker 6>You can get a percent in legos as well, but it's.

611
00:32:39.759 --> 00:32:42.599
<v Speaker 5>Not really good to be guys or Yeah, I understand that.

612
00:32:42.640 --> 00:32:45.640
<v Speaker 2>You could more easily get empercent, especially with my term areas.

613
00:32:45.920 --> 00:32:48.000
<v Speaker 5>You can get a property for a nine hundred millions.

614
00:32:48.400 --> 00:32:55.440
<v Speaker 2>Are you're able to rent out for nineteen million? Param Yeah, However.

615
00:32:55.440 --> 00:32:59.079
<v Speaker 5>What people are then using to meeting to let me put.

616
00:32:59.039 --> 00:33:01.680
<v Speaker 9>Let me say to put the aid of steroid when

617
00:33:01.759 --> 00:33:05.799
<v Speaker 9>it comes to renter you, it's short legs, its service apartments.

618
00:33:06.359 --> 00:33:07.960
<v Speaker 10>You know, that's what people are using.

619
00:33:08.119 --> 00:33:11.400
<v Speaker 19>And if you get it right in certain places all

620
00:33:11.519 --> 00:33:14.119
<v Speaker 19>through the year, you would average out at a very

621
00:33:14.200 --> 00:33:14.799
<v Speaker 19>good retib.

622
00:33:15.599 --> 00:33:20.759
<v Speaker 9>But if you also don't properly choose your location at all,

623
00:33:21.279 --> 00:33:23.480
<v Speaker 9>it could be placer that you have leader she had.

624
00:33:23.400 --> 00:33:26.839
<v Speaker 2>The apartment or Joe try traditional.

625
00:33:26.519 --> 00:33:27.720
<v Speaker 6>Rator other than.

626
00:33:29.400 --> 00:33:31.839
<v Speaker 1>Because when you say ten percent stable, let's pick that

627
00:33:31.960 --> 00:33:35.119
<v Speaker 1>down for people. So if I take one hundred million

628
00:33:35.359 --> 00:33:39.480
<v Speaker 1>NIRA and I build a twin duplex, I stay in one,

629
00:33:39.680 --> 00:33:43.200
<v Speaker 1>I rite rent out on four bedroom duplex, marmal normal

630
00:33:43.319 --> 00:33:47.799
<v Speaker 1>standard legos one in say Soulary what's the renting soulary

631
00:33:47.880 --> 00:33:51.400
<v Speaker 1>for that? For four bedroom duplex? Four bedroom d what's

632
00:33:51.440 --> 00:33:52.680
<v Speaker 1>the renting scelary.

633
00:33:54.680 --> 00:33:55.720
<v Speaker 2>Bedroom duplex?

634
00:33:55.880 --> 00:33:57.519
<v Speaker 5>Bent in sou liary.

635
00:33:58.720 --> 00:34:04.440
<v Speaker 9>Maybe today you may be look at us, depending on where.

636
00:34:04.279 --> 00:34:07.240
<v Speaker 2>It is at the age, maybe between five and it's made.

637
00:34:07.960 --> 00:34:10.000
<v Speaker 2>So even if we take so that's the thing.

638
00:34:10.079 --> 00:34:11.800
<v Speaker 1>So even if we took that five and eight, not

639
00:34:11.920 --> 00:34:15.639
<v Speaker 1>even ten million, which nobody would pay you insulary, it's

640
00:34:15.639 --> 00:34:16.719
<v Speaker 1>still below ten percent.

641
00:34:16.800 --> 00:34:20.119
<v Speaker 2>This is the point that the rental youth. Yeah, when

642
00:34:20.199 --> 00:34:22.599
<v Speaker 2>you when you lead drill down, it's not a lot

643
00:34:23.000 --> 00:34:28.079
<v Speaker 2>because if I take that money, I said this, Yeah,

644
00:34:28.679 --> 00:34:29.119
<v Speaker 2>I hear you.

645
00:34:30.440 --> 00:34:34.280
<v Speaker 1>Yeah yeah, So so then you made you made the

646
00:34:34.320 --> 00:34:36.760
<v Speaker 1>point of patients capital with me. This is the money

647
00:34:36.840 --> 00:34:39.559
<v Speaker 1>that I have that I can afford to invest and

648
00:34:39.679 --> 00:34:42.840
<v Speaker 1>wait for say ten years or so. Is patient's capital.

649
00:34:43.400 --> 00:34:46.039
<v Speaker 1>If I have patients capital, means I'm not paying back interest.

650
00:34:46.519 --> 00:34:50.039
<v Speaker 1>Maybe I have ten thousand dollars, I'm not paying back interest.

651
00:34:50.119 --> 00:34:53.199
<v Speaker 1>But it makes a difference if it's money. If I

652
00:34:53.719 --> 00:34:56.239
<v Speaker 1>work in the bank, my bank gave me loan. I

653
00:34:56.360 --> 00:34:58.679
<v Speaker 1>build this duplex, it's four hundred million.

654
00:34:59.079 --> 00:35:01.639
<v Speaker 2>I stay in one. The guy paid me five million.

655
00:35:02.159 --> 00:35:07.639
<v Speaker 2>Don't that make a difference. This is what I tell yers.

656
00:35:10.039 --> 00:35:11.920
<v Speaker 6>I believe there's a lot of them already.

657
00:35:12.960 --> 00:35:16.119
<v Speaker 2>Some of them they've experienced it, so goes in their figures.

658
00:35:18.159 --> 00:35:22.199
<v Speaker 2>You really don't invest here, please triply a terms.

659
00:35:23.199 --> 00:35:33.119
<v Speaker 16>It doesn't make it instance, oh it in properties that guy,

660
00:35:34.159 --> 00:35:35.079
<v Speaker 16>it doesn't make sense.

661
00:35:35.159 --> 00:35:37.239
<v Speaker 10>Reas is like you said, if you change your.

662
00:35:37.239 --> 00:35:41.159
<v Speaker 2>Ten thousand dollars that you got good money right there, fine,

663
00:35:41.760 --> 00:35:43.079
<v Speaker 2>then you combat and invest.

664
00:35:43.559 --> 00:35:46.199
<v Speaker 9>By the time you have you want to read your money,

665
00:35:47.159 --> 00:35:49.719
<v Speaker 9>you know, and the combative battle dollar.

666
00:35:50.360 --> 00:35:51.360
<v Speaker 6>You're looking for, you principal.

667
00:35:53.239 --> 00:35:55.960
<v Speaker 1>So it's so if I have money that I would

668
00:35:56.000 --> 00:35:58.880
<v Speaker 1>like to invest in nature realisty, I'm putting to nature

669
00:35:59.000 --> 00:36:02.079
<v Speaker 1>and I'm leaving to night exactly.

670
00:36:02.320 --> 00:36:04.719
<v Speaker 9>So I tell people the reason why you're universted that

671
00:36:04.880 --> 00:36:08.519
<v Speaker 9>you have most so maybe you're coming back.

672
00:36:08.800 --> 00:36:11.039
<v Speaker 2>So as we are trying to give your assets.

673
00:36:10.639 --> 00:36:13.320
<v Speaker 10>There, or you have a strategy that the money you

674
00:36:13.440 --> 00:36:14.119
<v Speaker 10>used to sort that you.

675
00:36:14.199 --> 00:36:16.559
<v Speaker 9>Are probably going to raise it for my gae. You

676
00:36:16.639 --> 00:36:21.039
<v Speaker 9>have someone that get very good maybe just getting property.

677
00:36:20.760 --> 00:36:23.039
<v Speaker 10>There, putting into a short letter, putting money.

678
00:36:23.039 --> 00:36:26.239
<v Speaker 6>Back when I need to sort anything, that's how.

679
00:36:26.159 --> 00:36:26.880
<v Speaker 20>I do that.

680
00:36:27.760 --> 00:36:30.559
<v Speaker 5>I know that certain or there has to be worried,

681
00:36:30.679 --> 00:36:33.280
<v Speaker 5>or you have to do something for your family, for your.

682
00:36:33.280 --> 00:36:36.280
<v Speaker 2>Parents and their parents or your brothers or whatever.

683
00:36:37.079 --> 00:36:37.440
<v Speaker 10>That's it.

684
00:36:37.719 --> 00:36:39.880
<v Speaker 9>Is it that you're coming back, you're building the business,

685
00:36:40.400 --> 00:36:42.559
<v Speaker 9>or you want to sorting that magia and you just

686
00:36:42.760 --> 00:36:47.320
<v Speaker 9>have to pay back some family members and stuff like that, doesn't.

687
00:36:49.800 --> 00:36:51.360
<v Speaker 1>There are lots of guys want to talk, and I

688
00:36:51.480 --> 00:36:54.000
<v Speaker 1>know we just up to down open the space off.

689
00:36:54.039 --> 00:36:56.719
<v Speaker 1>I think my last question was going to be on title,

690
00:36:56.760 --> 00:36:58.920
<v Speaker 1>but let's keep that. Let's get the guys into talk

691
00:36:58.960 --> 00:37:01.599
<v Speaker 1>and ask questions. Have maybe they have better questions and

692
00:37:01.679 --> 00:37:04.760
<v Speaker 1>I I'm gonna add and I've got real real guru

693
00:37:04.960 --> 00:37:07.840
<v Speaker 1>energy go first, and I'll get and I'm just gonna

694
00:37:07.840 --> 00:37:09.159
<v Speaker 1>go under line. So really good to go to the

695
00:37:09.199 --> 00:37:10.920
<v Speaker 1>floor their boys here, what's your question?

696
00:37:15.840 --> 00:37:16.400
<v Speaker 2>Real guru?

697
00:37:19.599 --> 00:37:23.039
<v Speaker 1>Go ahead, or if he's still getting it, let's get

698
00:37:23.440 --> 00:37:28.400
<v Speaker 1>let's get ernest andests go ahead, and next, what's your mind?

699
00:37:33.039 --> 00:37:35.239
<v Speaker 2>You guess your question to speak, but they're not available.

700
00:37:35.320 --> 00:37:43.559
<v Speaker 2>Let's get oh cor tai wo, oh coy tai wo. Yes,

701
00:37:44.199 --> 00:37:45.320
<v Speaker 2>I can tell you, go ahead.

702
00:37:47.159 --> 00:37:49.880
<v Speaker 8>Thank you, mister cal appreciate what you're doing.

703
00:37:50.559 --> 00:37:53.079
<v Speaker 2>Are you appreciated? And thank you for making me speaker

704
00:37:53.599 --> 00:37:54.920
<v Speaker 2>this day on this.

705
00:37:55.039 --> 00:38:00.159
<v Speaker 8>Platform, I hand on the order because said I'm I

706
00:38:00.199 --> 00:38:02.400
<v Speaker 8>will not be I think I.

707
00:38:03.039 --> 00:38:07.119
<v Speaker 6>Read to the next part and then to that.

708
00:38:07.199 --> 00:38:11.800
<v Speaker 8>Time the end of continued real estate completely legal.

709
00:38:12.679 --> 00:38:14.599
<v Speaker 21>So I won't really talk much about what he has said.

710
00:38:15.280 --> 00:38:18.280
<v Speaker 21>I feel said lot and the deal that lo Yeah,

711
00:38:18.280 --> 00:38:20.360
<v Speaker 21>a lot of speaker want to talk as well. But

712
00:38:20.639 --> 00:38:24.280
<v Speaker 21>what what I want to speak about me is the

713
00:38:24.400 --> 00:38:24.800
<v Speaker 21>place of.

714
00:38:26.440 --> 00:38:27.239
<v Speaker 6>Because I look at.

715
00:38:27.159 --> 00:38:31.039
<v Speaker 8>Opportunities, they're looking at the best, best partices. So what

716
00:38:31.159 --> 00:38:33.519
<v Speaker 8>I want to talk about is the of tech in

717
00:38:33.679 --> 00:38:34.239
<v Speaker 8>real estates.

718
00:38:35.119 --> 00:38:35.639
<v Speaker 9>And I think that.

719
00:38:37.519 --> 00:38:41.000
<v Speaker 22>That is what that's that I've not been adapted and

720
00:38:41.559 --> 00:38:48.840
<v Speaker 22>fortunately see you all right, all right, I.

721
00:38:48.880 --> 00:38:51.199
<v Speaker 2>Guess you guys you don't mind. Yeah, let me get

722
00:38:51.760 --> 00:38:59.400
<v Speaker 2>the tech. Go ahead. Ox you've got the floor from here, problem, Yeah,

723
00:38:59.400 --> 00:39:06.719
<v Speaker 2>go ahead. Thank you for this opportunation to this position.

724
00:39:08.880 --> 00:39:13.760
<v Speaker 2>So who wants I want to sort of answer.

725
00:39:13.519 --> 00:39:17.000
<v Speaker 5>The question which is a lot it's not the real estate,

726
00:39:17.559 --> 00:39:20.320
<v Speaker 5>not the you know.

727
00:39:20.480 --> 00:39:22.599
<v Speaker 6>The incle or whatever can be better.

728
00:39:24.719 --> 00:39:26.519
<v Speaker 10>I wanted them or to speak.

729
00:39:26.239 --> 00:39:28.320
<v Speaker 2>To profession which.

730
00:39:29.679 --> 00:39:34.880
<v Speaker 23>Professional profession of real estate in terms of documents and

731
00:39:35.039 --> 00:39:35.360
<v Speaker 23>all of.

732
00:39:35.440 --> 00:39:39.360
<v Speaker 2>That all that. Yes, that's what I'm define. I'm talking

733
00:39:39.400 --> 00:39:40.559
<v Speaker 2>about so title.

734
00:39:42.000 --> 00:39:46.599
<v Speaker 23>Particularity in some places I know some states where I know,

735
00:39:46.840 --> 00:39:49.079
<v Speaker 23>I don't want to mention it because so that people

736
00:39:49.119 --> 00:39:53.559
<v Speaker 23>will not speak of people that are intend to do

737
00:39:54.079 --> 00:39:56.239
<v Speaker 23>legacy protagram that because.

738
00:39:59.159 --> 00:40:04.840
<v Speaker 2>I know some states I experience if you haven't tied

739
00:40:04.840 --> 00:40:09.800
<v Speaker 2>to they look at your name before they signed.

740
00:40:09.960 --> 00:40:13.679
<v Speaker 5>They look at your name, your name before they if

741
00:40:13.679 --> 00:40:14.280
<v Speaker 5>you're applying for.

742
00:40:15.840 --> 00:40:19.840
<v Speaker 2>Or you applying for there's something that goes into it.

743
00:40:20.199 --> 00:40:21.320
<v Speaker 2>They look at your name before.

744
00:40:21.840 --> 00:40:27.760
<v Speaker 5>So easy to say that is perfet what what what?

745
00:40:27.840 --> 00:40:28.039
<v Speaker 9>What? What?

746
00:40:29.320 --> 00:40:31.639
<v Speaker 2>People? Yes, it might be positive with some people.

747
00:40:32.519 --> 00:40:35.159
<v Speaker 23>You get your access at bombs because most of these

748
00:40:35.199 --> 00:40:36.000
<v Speaker 23>are Yeah.

749
00:40:37.239 --> 00:40:39.599
<v Speaker 1>Actually, let I know what you're going to with this,

750
00:40:39.760 --> 00:40:42.320
<v Speaker 1>but I want to if you to focus on the

751
00:40:42.400 --> 00:40:44.840
<v Speaker 1>on the business side of this, the equations the one

752
00:40:44.840 --> 00:40:46.880
<v Speaker 1>I did work an answer, they can answer into the

753
00:40:47.000 --> 00:40:48.400
<v Speaker 1>title or like all that stuff.

754
00:40:48.480 --> 00:40:51.639
<v Speaker 2>I get you, right, But I was gonna ask.

755
00:40:51.599 --> 00:40:54.159
<v Speaker 1>Him more titling like if I'm a how can I

756
00:40:54.320 --> 00:40:56.679
<v Speaker 1>what's the process for the legal to title propert.

757
00:40:56.719 --> 00:40:57.440
<v Speaker 2>I wasn't ask him.

758
00:40:57.440 --> 00:40:59.039
<v Speaker 1>I don't want to get to speak so trying to

759
00:40:59.119 --> 00:41:00.480
<v Speaker 1>ask you what he can I was like, he's just

760
00:41:00.599 --> 00:41:05.440
<v Speaker 1>the guy, you know, like you on there so yeah,

761
00:41:05.480 --> 00:41:07.599
<v Speaker 1>you want to rephrase that, fine.

762
00:41:07.760 --> 00:41:13.280
<v Speaker 23>Fine, okay, what what I wokay with not just participate,

763
00:41:13.360 --> 00:41:15.679
<v Speaker 23>But so what I would say is just like they

764
00:41:15.719 --> 00:41:16.239
<v Speaker 23>are missed on.

765
00:41:17.480 --> 00:41:20.360
<v Speaker 2>I don't know how I'm much about aware of River

766
00:41:20.480 --> 00:41:26.920
<v Speaker 2>Stage called real estate, the place where I played. I

767
00:41:27.079 --> 00:41:27.840
<v Speaker 2>played in the past.

768
00:41:28.000 --> 00:41:33.360
<v Speaker 24>Of course, sue River State in the past, and unfortunately

769
00:41:33.599 --> 00:41:36.920
<v Speaker 24>at the time, I really like, I don't know, and

770
00:41:37.119 --> 00:41:38.760
<v Speaker 24>so what have I made from that?

771
00:41:39.360 --> 00:41:42.639
<v Speaker 2>Not much? Not much, you know, So I don't know

772
00:41:42.679 --> 00:41:45.400
<v Speaker 2>what I have experience with River States.

773
00:41:45.440 --> 00:41:47.039
<v Speaker 5>I don't know what I have experience with.

774
00:41:47.760 --> 00:41:49.199
<v Speaker 2>This is like the stage.

775
00:41:49.519 --> 00:41:52.840
<v Speaker 23>Because we've talked so much from Legos, I think of

776
00:41:53.000 --> 00:41:56.440
<v Speaker 23>my gage is it is, you know, it's.

777
00:41:56.960 --> 00:41:57.639
<v Speaker 20>I don't know how.

778
00:41:57.840 --> 00:42:00.679
<v Speaker 5>I don't know how people can to steal, you.

779
00:42:00.760 --> 00:42:04.679
<v Speaker 23>Know, exact from Legos because it is basically saturated.

780
00:42:05.159 --> 00:42:07.519
<v Speaker 25>So I don't know the prospects.

781
00:42:07.119 --> 00:42:11.840
<v Speaker 23>Outside of Legos, labor stage, the out stage.

782
00:42:12.840 --> 00:42:14.559
<v Speaker 2>Moving down to your states.

783
00:42:14.639 --> 00:42:16.400
<v Speaker 5>People say that all your space is portable.

784
00:42:16.880 --> 00:42:17.960
<v Speaker 6>That's a big real estate.

785
00:42:19.440 --> 00:42:22.320
<v Speaker 23>Maybe you can issue as players outside of Legos. But

786
00:42:22.440 --> 00:42:24.239
<v Speaker 23>I go from there are some real estate companies that

787
00:42:24.480 --> 00:42:28.800
<v Speaker 23>play not just Legos. They use, they use they're trying

788
00:42:28.840 --> 00:42:32.039
<v Speaker 23>to get legoss to invest outside of legos.

789
00:42:32.079 --> 00:42:36.880
<v Speaker 2>Yet people legos and they get them to be maybe.

790
00:42:36.840 --> 00:42:41.000
<v Speaker 23>In your stage or even even in the subspace, even

791
00:42:41.039 --> 00:42:44.079
<v Speaker 23>when they are visits or so, I don't know whether.

792
00:42:43.920 --> 00:42:47.119
<v Speaker 2>They are prospects for those kinds of let's talk. Let's

793
00:42:47.119 --> 00:42:53.440
<v Speaker 2>talk about I hear you, but again, people to hear

794
00:42:53.559 --> 00:42:54.599
<v Speaker 2>about how to make money.

795
00:42:54.639 --> 00:42:56.880
<v Speaker 1>I don't think most work here if legos are gonna

796
00:42:56.920 --> 00:42:59.800
<v Speaker 1>make money, panny here about legos that way. Yeah, so,

797
00:43:00.679 --> 00:43:03.079
<v Speaker 1>but I think general sentiment is more or less to say.

798
00:43:03.880 --> 00:43:05.559
<v Speaker 1>I was going to lift titling to the end, so

799
00:43:05.599 --> 00:43:07.119
<v Speaker 1>you can call it those typing. Let me just get

800
00:43:07.119 --> 00:43:09.920
<v Speaker 1>a few other speakers. Let me get Joshua, josh what's

801
00:43:09.960 --> 00:43:10.679
<v Speaker 1>your what's your take?

802
00:43:11.679 --> 00:43:12.000
<v Speaker 2>All right?

803
00:43:12.079 --> 00:43:12.800
<v Speaker 5>Thank you so much.

804
00:43:12.920 --> 00:43:16.559
<v Speaker 2>That managers a question, mister dimbo.

805
00:43:17.199 --> 00:43:19.760
<v Speaker 26>I was going to find out because my day that

806
00:43:20.000 --> 00:43:22.239
<v Speaker 26>had it promptly somewhere around just.

807
00:43:22.320 --> 00:43:24.000
<v Speaker 2>After your number.

808
00:43:24.800 --> 00:43:28.519
<v Speaker 27>The propt in there now is about two plots of land.

809
00:43:28.639 --> 00:43:31.840
<v Speaker 2>There's a little structure in it. It's been there for

810
00:43:31.880 --> 00:43:32.639
<v Speaker 2>over five years.

811
00:43:32.719 --> 00:43:34.320
<v Speaker 6>Nothing has been done, and for.

812
00:43:34.440 --> 00:43:37.519
<v Speaker 27>Us we don't have the financial progress to be able

813
00:43:37.559 --> 00:43:40.480
<v Speaker 27>to use at any you know, structure you know, and

814
00:43:40.880 --> 00:43:44.119
<v Speaker 27>the time value of money and the promptly just ed.

815
00:43:44.400 --> 00:43:47.920
<v Speaker 5>So I don't know if there's will gets a joint.

816
00:43:47.760 --> 00:43:50.880
<v Speaker 2>Venture agreement, because each time if you got the you know,

817
00:43:51.079 --> 00:43:53.519
<v Speaker 2>real estate, there is a companion. I know that. I

818
00:43:53.599 --> 00:43:55.760
<v Speaker 2>pushed down to the kid telling me that place is

819
00:43:55.960 --> 00:43:58.760
<v Speaker 2>you know, it's a bit of the investors are not

820
00:43:58.880 --> 00:44:02.400
<v Speaker 2>really interested. So what what's your advice for for us?

821
00:44:02.599 --> 00:44:02.880
<v Speaker 2>Thank you?

822
00:44:03.000 --> 00:44:07.440
<v Speaker 1>So I think I would said DM devil, and maybe

823
00:44:07.480 --> 00:44:11.360
<v Speaker 1>he will have the DM devil. There was that work

824
00:44:11.400 --> 00:44:14.840
<v Speaker 1>for you if you can do DM you okay, So

825
00:44:15.480 --> 00:44:16.440
<v Speaker 1>where were.

826
00:44:16.400 --> 00:44:28.679
<v Speaker 2>Men I didn't wanted? I apologize, I apologize, lease, go ahead, okay,

827
00:44:28.840 --> 00:44:34.280
<v Speaker 2>thank you. So I have four questions. I'll just get

828
00:44:34.360 --> 00:44:38.280
<v Speaker 2>your okay, yeah, I'll be glad you can.

829
00:44:38.360 --> 00:44:38.960
<v Speaker 5>Run with them.

830
00:44:39.079 --> 00:44:41.880
<v Speaker 2>So the first is do you suggest to build or

831
00:44:41.960 --> 00:44:42.320
<v Speaker 2>to buy?

832
00:44:42.480 --> 00:44:45.519
<v Speaker 18>I'm talking about property in legos now and of course

833
00:44:45.599 --> 00:44:46.440
<v Speaker 18>most of the areas in.

834
00:44:46.519 --> 00:44:49.960
<v Speaker 2>Legals, all the ad land right now, talking out.

835
00:44:49.840 --> 00:44:52.679
<v Speaker 18>Towards if you given my meanings, so but you so

836
00:44:52.800 --> 00:44:56.480
<v Speaker 18>there's in terms of profitability to build up to the

837
00:44:56.559 --> 00:45:01.519
<v Speaker 18>second thing is that having conversations around land for farming

838
00:45:01.679 --> 00:45:04.840
<v Speaker 18>in places like all your and all do you think

839
00:45:05.199 --> 00:45:08.440
<v Speaker 18>I mean, I'm I'm pretty worried about, you know, in.

840
00:45:08.519 --> 00:45:11.920
<v Speaker 2>Secularity and other works. But do you think that's profitable?

841
00:45:12.079 --> 00:45:13.840
<v Speaker 2>I think it's also good for us as a lasion

842
00:45:13.920 --> 00:45:16.599
<v Speaker 2>to begins to farm. But what are the long term

843
00:45:16.719 --> 00:45:22.559
<v Speaker 2>short term implications are going? Certainly, what areas you use

844
00:45:23.239 --> 00:45:26.840
<v Speaker 2>the best for a B and B legos At the moment,

845
00:45:27.280 --> 00:45:30.920
<v Speaker 2>I'm I'm maybe worried that might become quite satiated. But

846
00:45:31.400 --> 00:45:35.719
<v Speaker 2>what would be helpful? And the last one mortgage? Please

847
00:45:35.840 --> 00:45:40.639
<v Speaker 2>the mortgage work? And how can really I can re

848
00:45:40.880 --> 00:45:41.480
<v Speaker 2>enter into.

849
00:45:41.679 --> 00:45:46.119
<v Speaker 18>Mortgage for profitability right now and I do what's working

850
00:45:46.320 --> 00:45:47.679
<v Speaker 18>from thank you?

851
00:45:48.559 --> 00:45:53.920
<v Speaker 2>Excellent questions very so can I go on that? Yeah, yeah,

852
00:45:54.000 --> 00:45:56.239
<v Speaker 2>go for it? And this outside of.

853
00:45:58.559 --> 00:46:01.719
<v Speaker 5>No, I'm hearing like us okay, great, I just.

854
00:46:01.800 --> 00:46:06.679
<v Speaker 9>Think that that's to be able to answer, uhcol.

855
00:46:05.800 --> 00:46:11.800
<v Speaker 2>What is the number one? I share the questions on? So,

856
00:46:13.079 --> 00:46:14.239
<v Speaker 2>I'm not sure if you're hearing.

857
00:46:19.079 --> 00:46:24.360
<v Speaker 9>Structure, Yes, that all means explod beauty because you will

858
00:46:24.360 --> 00:46:26.440
<v Speaker 9>be able to see it because and be able to

859
00:46:26.639 --> 00:46:30.000
<v Speaker 9>have your taste. But if you don't have competencies around

860
00:46:30.039 --> 00:46:35.199
<v Speaker 9>construction on you, I'm not.

861
00:46:35.239 --> 00:46:37.199
<v Speaker 2>Sure if it's me. But when I think it's cutting

862
00:46:37.239 --> 00:46:40.440
<v Speaker 2>off and you hear him now cutting off in manage

863
00:46:40.440 --> 00:46:45.559
<v Speaker 2>people that the woman, Yeah, they were can you start?

864
00:46:45.639 --> 00:46:47.599
<v Speaker 1>Can you start from yeah, start from the very top,

865
00:46:47.639 --> 00:46:49.239
<v Speaker 1>because I know you're cut off the first time, and

866
00:46:49.320 --> 00:46:50.199
<v Speaker 1>it was just me, can you.

867
00:46:50.159 --> 00:46:53.280
<v Speaker 2>Start the top? Yeah? The first question is built of

868
00:46:53.400 --> 00:46:53.920
<v Speaker 2>bye yeah.

869
00:46:55.000 --> 00:46:55.199
<v Speaker 9>Yeah.

870
00:46:55.320 --> 00:46:58.239
<v Speaker 6>So I said for beauty by what I normally can't

871
00:46:58.280 --> 00:47:01.639
<v Speaker 6>sell people, we got you. That is depending on.

872
00:47:03.480 --> 00:47:06.519
<v Speaker 2>What competencies you have. If you have competencies, are long.

873
00:47:06.440 --> 00:47:12.000
<v Speaker 9>Construction line by all means explod building, because then you'll

874
00:47:12.000 --> 00:47:14.199
<v Speaker 9>be able to save costs and be able to have

875
00:47:14.360 --> 00:47:16.840
<v Speaker 9>your design, your taste and stuffs like that.

876
00:47:16.920 --> 00:47:18.760
<v Speaker 2>But if you don't have any, if all you have

877
00:47:18.880 --> 00:47:21.119
<v Speaker 2>is just that you have time, you know you can

878
00:47:21.199 --> 00:47:23.960
<v Speaker 2>go to such you have time, I would say that seriously.

879
00:47:24.079 --> 00:47:27.599
<v Speaker 9>We consider that because the place that in counters and

880
00:47:27.639 --> 00:47:30.079
<v Speaker 9>advantage in terms of being be able to save because

881
00:47:30.159 --> 00:47:33.000
<v Speaker 9>that watching water and now you may not adventually get

882
00:47:33.079 --> 00:47:35.320
<v Speaker 9>it because a lot of gimings are played in that

883
00:47:36.239 --> 00:47:39.800
<v Speaker 9>in the contracting or construction of iniding space. Okay, and

884
00:47:40.000 --> 00:47:43.280
<v Speaker 9>a lot of people who want to build thinking that

885
00:47:43.360 --> 00:47:46.400
<v Speaker 9>they save when they end up spending much more than

886
00:47:46.760 --> 00:47:49.280
<v Speaker 9>if they are boats. Then where you want to buy

887
00:47:49.599 --> 00:47:53.360
<v Speaker 9>you can easily structure finners okay, for your purchases.

888
00:47:53.440 --> 00:47:54.519
<v Speaker 6>You can lease all.

889
00:47:54.599 --> 00:47:58.880
<v Speaker 9>Your available purchases, and structural in finels can be not easier,

890
00:47:59.239 --> 00:48:00.800
<v Speaker 9>particularly if you select.

891
00:48:00.559 --> 00:48:02.159
<v Speaker 6>Your developer careful.

892
00:48:02.400 --> 00:48:02.639
<v Speaker 2>Okay.

893
00:48:02.679 --> 00:48:03.719
<v Speaker 6>So that's what I would say.

894
00:48:03.760 --> 00:48:08.119
<v Speaker 9>Wegets in there, then learn from family, depending on how.

895
00:48:08.119 --> 00:48:10.199
<v Speaker 2>This family transactional structure.

896
00:48:11.320 --> 00:48:12.119
<v Speaker 10>Or if you're a farmer.

897
00:48:12.199 --> 00:48:14.760
<v Speaker 2>So if you're a farmer and somebody's doing family in.

898
00:48:14.719 --> 00:48:16.760
<v Speaker 9>The estate and says, come and buy my land and

899
00:48:16.800 --> 00:48:19.000
<v Speaker 9>then you can family, that's fine.

900
00:48:19.360 --> 00:48:22.079
<v Speaker 2>But what I hear most of them do is you

901
00:48:22.159 --> 00:48:24.960
<v Speaker 2>can we will find for you, okay, and then you

902
00:48:25.079 --> 00:48:26.559
<v Speaker 2>get to search buses.

903
00:48:26.800 --> 00:48:30.960
<v Speaker 10>Hey, I read a Rican gineer. If there is any.

904
00:48:30.880 --> 00:48:36.039
<v Speaker 9>Delicate professional in the world, I mean across the globe

905
00:48:36.559 --> 00:48:37.280
<v Speaker 9>in this family.

906
00:48:37.719 --> 00:48:41.639
<v Speaker 2>And that's why in most developed clients.

907
00:48:41.360 --> 00:48:45.480
<v Speaker 9>They put some warn insurance and they almost like some

908
00:48:45.679 --> 00:48:50.639
<v Speaker 9>guarante pur Jesus. The government replied of stocks and a

909
00:48:50.719 --> 00:48:53.320
<v Speaker 9>lot of buses. Or in Nigeria, when I've come to

910
00:48:53.400 --> 00:48:56.000
<v Speaker 9>realize is that you're not careful with your family.

911
00:48:56.159 --> 00:48:57.559
<v Speaker 10>You don't know what you're doing very well.

912
00:48:58.559 --> 00:49:00.920
<v Speaker 9>Even your success would be a play for you, as

913
00:49:01.000 --> 00:49:05.239
<v Speaker 9>in if you have very good youth, you then have markets.

914
00:49:04.880 --> 00:49:07.320
<v Speaker 5>That will be built in the market, there are things.

915
00:49:07.159 --> 00:49:10.199
<v Speaker 2>Will be able to sell, and so it does. And

916
00:49:10.280 --> 00:49:12.800
<v Speaker 2>then the other thing is that you gonna have diseases.

917
00:49:13.000 --> 00:49:14.840
<v Speaker 2>You gotta have a lot of flow points.

918
00:49:15.440 --> 00:49:20.039
<v Speaker 9>Cows can come into your side and all of those couches,

919
00:49:20.079 --> 00:49:23.119
<v Speaker 9>and so you want you only find a have this structure.

920
00:49:23.599 --> 00:49:26.599
<v Speaker 2>Or if you're a farmer, okay, if they're going to

921
00:49:26.760 --> 00:49:27.159
<v Speaker 2>farm for.

922
00:49:27.320 --> 00:49:30.320
<v Speaker 6>You, I would say they risks too much.

923
00:49:30.679 --> 00:49:32.000
<v Speaker 2>Okay, they risk is too much.

924
00:49:32.119 --> 00:49:33.760
<v Speaker 9>But if you're a found you just want to buy

925
00:49:33.840 --> 00:49:36.079
<v Speaker 9>from them, and they're not pretty your fan, you want

926
00:49:36.079 --> 00:49:37.039
<v Speaker 9>to preach your family.

927
00:49:37.079 --> 00:49:39.880
<v Speaker 2>They are fine, fantastic since you understand what you're going

928
00:49:39.920 --> 00:49:41.559
<v Speaker 2>to be doing. You're going to be doing, you.

929
00:49:44.159 --> 00:49:47.280
<v Speaker 9>Know better because a lot of these abils have common

930
00:49:47.400 --> 00:49:50.559
<v Speaker 9>in pat That's what I'm saying, because you run into

931
00:49:50.639 --> 00:49:53.840
<v Speaker 9>some of these kinds a lot of times and you

932
00:49:54.119 --> 00:49:56.880
<v Speaker 9>can't get to promise to people and.

933
00:49:58.079 --> 00:50:01.280
<v Speaker 2>Basically double the devil real quick.

934
00:50:01.559 --> 00:50:04.800
<v Speaker 1>So for her, now she's asking, is it actually an

935
00:50:04.920 --> 00:50:08.719
<v Speaker 1>investment work continued to buy the land and leave out

936
00:50:08.760 --> 00:50:11.000
<v Speaker 1>to a farmer, or she should buy the land and

937
00:50:11.239 --> 00:50:12.039
<v Speaker 1>farm on her own.

938
00:50:12.119 --> 00:50:14.119
<v Speaker 2>In fact, maybe ask that on her. You have what

939
00:50:14.320 --> 00:50:15.760
<v Speaker 2>is what is it the trend there.

940
00:50:17.360 --> 00:50:21.039
<v Speaker 9>It's better she wants to farm her own that will

941
00:50:21.079 --> 00:50:23.039
<v Speaker 9>be buying it and listened out to a farmer.

942
00:50:22.920 --> 00:50:25.159
<v Speaker 5>When we talked on that is like I said, I

943
00:50:25.239 --> 00:50:29.239
<v Speaker 5>mean then she rested you is not even much.

944
00:50:29.599 --> 00:50:30.360
<v Speaker 6>We talked about it.

945
00:50:30.559 --> 00:50:32.639
<v Speaker 2>So now okay, so family.

946
00:50:32.400 --> 00:50:38.079
<v Speaker 9>Family is poorer in terms of you rating your land. Yeah,

947
00:50:38.159 --> 00:50:40.800
<v Speaker 9>you just use this for the strategy when people give

948
00:50:40.880 --> 00:50:43.960
<v Speaker 9>their land to farmers in Nigeria need jo.

949
00:50:45.199 --> 00:50:53.280
<v Speaker 2>A strategy to that. Okay, you will get to much.

950
00:50:53.519 --> 00:50:55.320
<v Speaker 2>But if you want to buy the land madefore, if

951
00:50:55.360 --> 00:50:55.920
<v Speaker 2>you looked at.

952
00:50:55.840 --> 00:50:59.199
<v Speaker 9>The future and you think that they're speculating the displace

953
00:50:59.280 --> 00:51:00.000
<v Speaker 9>would really.

954
00:50:59.880 --> 00:51:01.639
<v Speaker 6>Be something in the future.

955
00:51:01.960 --> 00:51:06.960
<v Speaker 9>And to use farming as as a security strategy pleaseholder.

956
00:51:09.119 --> 00:51:11.760
<v Speaker 2>And again just a just a general point.

957
00:51:11.920 --> 00:51:14.119
<v Speaker 3>If someone comes to you and says I want you

958
00:51:14.119 --> 00:51:16.800
<v Speaker 3>to invest in my farm and I'm going to give

959
00:51:16.800 --> 00:51:21.000
<v Speaker 3>you a guaranteed rate of return, you are You are

960
00:51:21.079 --> 00:51:22.679
<v Speaker 3>no longer invest in the farm.

961
00:51:23.079 --> 00:51:26.239
<v Speaker 2>You are investing in a bond, no longer a firm,

962
00:51:26.400 --> 00:51:27.199
<v Speaker 2>not just in a farm.

963
00:51:27.360 --> 00:51:31.079
<v Speaker 1>Any point that promises you a fixed rate of return

964
00:51:31.559 --> 00:51:34.199
<v Speaker 1>to do farming, or to do crypto, or to do

965
00:51:34.400 --> 00:51:38.000
<v Speaker 1>property is no longer that it's a fixed rate of return.

966
00:51:38.079 --> 00:51:40.159
<v Speaker 1>So what you want to do is you're not compare

967
00:51:40.199 --> 00:51:43.599
<v Speaker 1>that return with the risk free rates, which is the

968
00:51:43.719 --> 00:51:46.400
<v Speaker 1>rate that you would get if you boss a federal

969
00:51:46.519 --> 00:51:50.199
<v Speaker 1>government savings bond. If the federal government savings bond is

970
00:51:50.280 --> 00:51:53.039
<v Speaker 1>paying you more, you don't invest in that or that

971
00:51:53.079 --> 00:51:56.800
<v Speaker 1>adventure because once it's a promise, it's a bond.

972
00:51:57.159 --> 00:52:01.039
<v Speaker 2>It's no longer an investment of profit, and lost promise.

973
00:52:01.280 --> 00:52:03.960
<v Speaker 3>Makes it a bond, so it has to have a

974
00:52:04.239 --> 00:52:06.960
<v Speaker 3>higher return him bond.

975
00:52:07.079 --> 00:52:10.519
<v Speaker 2>Just put that out there. So the question towards let

976
00:52:10.559 --> 00:52:14.760
<v Speaker 2>me see, Okay, I would yes, a mortgage, but before

977
00:52:14.800 --> 00:52:16.360
<v Speaker 2>I go into that, let me go right or what

978
00:52:16.519 --> 00:52:19.559
<v Speaker 2>he does you know beyond just.

979
00:52:19.679 --> 00:52:24.800
<v Speaker 9>That return should be higher than whatevere way desire.

980
00:52:24.559 --> 00:52:28.079
<v Speaker 10>Find should be higher you you if it is a private.

981
00:52:27.840 --> 00:52:29.280
<v Speaker 2>Bond that is not.

982
00:52:31.039 --> 00:52:34.280
<v Speaker 6>Regulated, the risk is.

983
00:52:34.360 --> 00:52:35.320
<v Speaker 2>A lot higher.

984
00:52:35.480 --> 00:52:38.719
<v Speaker 6>And you want to really be careful because I can

985
00:52:38.880 --> 00:52:40.000
<v Speaker 6>promise you ever than earth.

986
00:52:40.119 --> 00:52:42.559
<v Speaker 10>But you have access to my books, you know how

987
00:52:43.039 --> 00:52:44.960
<v Speaker 10>able to make it when you give me that money

988
00:52:45.559 --> 00:52:46.079
<v Speaker 10>different to.

989
00:52:46.159 --> 00:52:49.119
<v Speaker 2>It is huge in fact or you know about people

990
00:52:49.320 --> 00:52:52.360
<v Speaker 2>are just not doing punts. So the only way be

991
00:52:52.440 --> 00:52:55.880
<v Speaker 2>able to pick last year as God orders.

992
00:52:55.679 --> 00:52:58.679
<v Speaker 9>Returned this year is because there are French people coming

993
00:52:58.719 --> 00:53:01.880
<v Speaker 9>into it take those of us, you know, so you

994
00:53:02.000 --> 00:53:03.039
<v Speaker 9>want to be really careful.

995
00:53:03.119 --> 00:53:06.599
<v Speaker 2>I know that you're taking a huge risk and may

996
00:53:06.719 --> 00:53:10.480
<v Speaker 2>not come back. So that's the mortgage. Never before that

997
00:53:10.599 --> 00:53:15.000
<v Speaker 2>you asked what area for AIRBMB the best location?

998
00:53:16.039 --> 00:53:20.519
<v Speaker 9>Okay, yeah, sobm B in legos.

999
00:53:20.159 --> 00:53:25.360
<v Speaker 6>Rights v I that goes with us saying you know, lacky.

1000
00:53:25.159 --> 00:53:27.639
<v Speaker 5>Face one, maybe a to Catta.

1001
00:53:28.440 --> 00:53:30.920
<v Speaker 2>These are places that you are sure off. Okay.

1002
00:53:31.639 --> 00:53:37.840
<v Speaker 9>Then of course one is inclusive, back view is inclusive,

1003
00:53:38.000 --> 00:53:39.760
<v Speaker 9>BECO is inclusive.

1004
00:53:40.400 --> 00:53:44.679
<v Speaker 2>Island inclusive. A little bit of that is having quite

1005
00:53:44.760 --> 00:53:50.480
<v Speaker 2>largely now okay, and with the few residential structures already there.

1006
00:53:50.840 --> 00:53:53.440
<v Speaker 2>So that is that on the island, by the time

1007
00:53:53.480 --> 00:53:54.199
<v Speaker 2>you start to go.

1008
00:53:54.599 --> 00:54:02.960
<v Speaker 9>To areas I shall go to, it becomes very essentially

1009
00:54:03.039 --> 00:54:08.679
<v Speaker 9>operating the kind of NB that allows for parties, allows

1010
00:54:08.719 --> 00:54:10.719
<v Speaker 9>for artists to come and use a place.

1011
00:54:10.519 --> 00:54:13.440
<v Speaker 2>To uh to move movies.

1012
00:54:13.559 --> 00:54:17.280
<v Speaker 5>You know a lot of that set settings and movie sets.

1013
00:54:17.079 --> 00:54:17.719
<v Speaker 2>And a lot of those.

1014
00:54:17.920 --> 00:54:22.760
<v Speaker 6>So because very dies, okay, but if you're.

1015
00:54:22.679 --> 00:54:28.400
<v Speaker 9>Close to some let's say, hospitality facilities that are really

1016
00:54:29.039 --> 00:54:31.599
<v Speaker 9>very good pitches and it can help.

1017
00:54:32.119 --> 00:54:34.519
<v Speaker 2>But the areas that you can be sure on the

1018
00:54:34.599 --> 00:54:35.440
<v Speaker 2>other those.

1019
00:54:35.280 --> 00:54:36.239
<v Speaker 6>Are those are mentioned.

1020
00:54:36.800 --> 00:54:43.679
<v Speaker 2>Then come to the mainland. The lives of shiba estates.

1021
00:54:44.480 --> 00:54:51.000
<v Speaker 2>My god, Monia estate is also not bad. Okay.

1022
00:54:52.000 --> 00:54:54.519
<v Speaker 6>These are areas that you can but I wasn't.

1023
00:54:54.639 --> 00:54:56.639
<v Speaker 2>I wasn't look good at a wild back it's field.

1024
00:54:58.039 --> 00:54:58.760
<v Speaker 6>It's field.

1025
00:54:59.559 --> 00:55:00.920
<v Speaker 10>It's no that that that was?

1026
00:55:01.079 --> 00:55:04.280
<v Speaker 2>That was a very y high end residential. Please they

1027
00:55:04.519 --> 00:55:08.679
<v Speaker 2>manage their homes and build three bedrooms and yeah, yes, good,

1028
00:55:09.280 --> 00:55:13.599
<v Speaker 2>I just left that escape to guess as well. So

1029
00:55:13.800 --> 00:55:19.599
<v Speaker 2>far so yeah. On the bridge, yes, yeah, vibotamal fantastic,

1030
00:55:19.800 --> 00:55:19.960
<v Speaker 2>you know.

1031
00:55:20.239 --> 00:55:23.079
<v Speaker 1>So those areas okay. Then the last question was on

1032
00:55:23.159 --> 00:55:27.079
<v Speaker 1>the mortgage, and go ahead mortgage okay.

1033
00:55:27.159 --> 00:55:31.639
<v Speaker 6>So on mortgage, you want to explore.

1034
00:55:32.519 --> 00:55:36.440
<v Speaker 2>If I employed, whether you want to explore.

1035
00:55:36.119 --> 00:55:39.760
<v Speaker 9>A combination or you want to talk to broadcaster can

1036
00:55:39.920 --> 00:55:42.880
<v Speaker 9>give you a combination. So maybe if you use your

1037
00:55:43.119 --> 00:55:44.719
<v Speaker 9>NHS ensure that.

1038
00:55:44.760 --> 00:55:46.920
<v Speaker 2>They can let you get your five percent of your

1039
00:55:47.280 --> 00:55:51.360
<v Speaker 2>say that's your retirement is okay.

1040
00:55:52.119 --> 00:55:56.199
<v Speaker 9>Because and then maybe they can gang any mouse really

1041
00:55:57.079 --> 00:56:01.840
<v Speaker 9>okay because ordinarily they amgial mortgage is available or e

1042
00:56:01.920 --> 00:56:04.519
<v Speaker 9>goal for market brands where the rates are.

1043
00:56:04.559 --> 00:56:06.920
<v Speaker 2>High, very very high. So he won't.

1044
00:56:07.840 --> 00:56:10.440
<v Speaker 9>I think they over around twenty five percent of us

1045
00:56:10.639 --> 00:56:12.920
<v Speaker 9>right now as we speak, so you can imagine what

1046
00:56:13.000 --> 00:56:14.079
<v Speaker 9>sort of morget that is.

1047
00:56:14.760 --> 00:56:17.280
<v Speaker 6>Okay, boards I also I'm also.

1048
00:56:17.199 --> 00:56:22.519
<v Speaker 5>Aware of some lads that also does you can.

1049
00:56:22.480 --> 00:56:25.119
<v Speaker 6>Almost pseudo mortgage. Okay, it's a reads.

1050
00:56:25.639 --> 00:56:27.440
<v Speaker 10>But what they do what they give out.

1051
00:56:27.400 --> 00:56:29.039
<v Speaker 6>His mortgage as in twenty to buy.

1052
00:56:28.960 --> 00:56:34.199
<v Speaker 9>Properties and they pare themselves to be given very good interature.

1053
00:56:34.239 --> 00:56:36.840
<v Speaker 9>I really can do like fifteen percents. That also is

1054
00:56:37.239 --> 00:56:39.159
<v Speaker 9>you can private chap if you want to explore that.

1055
00:56:39.639 --> 00:56:42.920
<v Speaker 9>They also have facilities to be able to fifty fifty

1056
00:56:42.960 --> 00:56:45.800
<v Speaker 9>review that is cool a ship they buy you to

1057
00:56:45.840 --> 00:56:48.480
<v Speaker 9>any propertify said to bership if you say if you can,

1058
00:56:48.639 --> 00:56:51.599
<v Speaker 9>if you can pied or okay, and then ten years

1059
00:56:51.639 --> 00:56:52.840
<v Speaker 9>they have to exist.

1060
00:56:52.800 --> 00:56:56.840
<v Speaker 5>Can buy them back, back them out or they will sell.

1061
00:56:56.679 --> 00:56:59.400
<v Speaker 2>The property and then you can share fifty fifty.

1062
00:56:59.480 --> 00:57:02.760
<v Speaker 6>So that's what you get when it comes to but

1063
00:57:02.800 --> 00:57:03.880
<v Speaker 6>it's still very much.

1064
00:57:03.800 --> 00:57:05.079
<v Speaker 2>Possible depending on what you do.

1065
00:57:05.280 --> 00:57:07.960
<v Speaker 6>Any Okay, they're out.

1066
00:57:07.719 --> 00:57:11.440
<v Speaker 1>Gold you have that with that effect, Yeah, and just

1067
00:57:11.559 --> 00:57:13.800
<v Speaker 1>develm just also make this point again in terms of

1068
00:57:13.880 --> 00:57:17.679
<v Speaker 1>mortgages through so the actual fact is that there are

1069
00:57:17.719 --> 00:57:20.800
<v Speaker 1>no mortgages in Nigeria. Like how we look at traditional

1070
00:57:21.280 --> 00:57:24.800
<v Speaker 1>long term siblings for homes, we don't have mortgage in Nigia.

1071
00:57:24.840 --> 00:57:27.559
<v Speaker 1>What we have are loans to buy a house. It's

1072
00:57:27.840 --> 00:57:31.440
<v Speaker 1>different and entirely so to buy a house in Nigeria. Yeah,

1073
00:57:31.440 --> 00:57:32.400
<v Speaker 1>you know, you know if you go to if you

1074
00:57:32.440 --> 00:57:34.199
<v Speaker 1>go to the UK or the US to buy a house,

1075
00:57:34.519 --> 00:57:37.679
<v Speaker 1>you're buying maybe off plan or you're buying an existing

1076
00:57:37.800 --> 00:57:40.000
<v Speaker 1>home or your development as a process.

1077
00:57:40.039 --> 00:57:41.199
<v Speaker 2>You know, you get a credit.

1078
00:57:41.000 --> 00:57:43.960
<v Speaker 1>Scoring, then you can get a ten year fixed or

1079
00:57:44.000 --> 00:57:45.480
<v Speaker 1>adjustable rate mortgage.

1080
00:57:45.719 --> 00:57:48.119
<v Speaker 2>Your income is there. You own the home, it's in

1081
00:57:48.199 --> 00:57:52.039
<v Speaker 2>your name. There's the title given to you which you

1082
00:57:52.079 --> 00:57:54.400
<v Speaker 2>can sell and make equity. We don't have it in Nigeria.

1083
00:57:54.800 --> 00:57:57.280
<v Speaker 1>So in Nigia we have You have to buy the land,

1084
00:57:57.679 --> 00:58:00.159
<v Speaker 1>then you have to develop the land. So does that too,

1085
00:58:00.239 --> 00:58:02.000
<v Speaker 1>You know that we seplay both of them.

1086
00:58:02.639 --> 00:58:05.679
<v Speaker 3>Most people buy the land with their own funds, then

1087
00:58:05.760 --> 00:58:09.159
<v Speaker 3>go out and get a loan to perhaps to definishing

1088
00:58:09.599 --> 00:58:11.079
<v Speaker 3>when it's about to rent out.

1089
00:58:11.559 --> 00:58:13.679
<v Speaker 1>But you're going to have to use your own funds

1090
00:58:14.119 --> 00:58:16.840
<v Speaker 1>to develop the land. Why it takes time. It has

1091
00:58:16.840 --> 00:58:19.039
<v Speaker 1>to be patient's capital. If unless I think like they

1092
00:58:19.239 --> 00:58:22.400
<v Speaker 1>say a commercial ab and b in say in lucky

1093
00:58:22.480 --> 00:58:24.840
<v Speaker 1>phase one, where you can borrow money from a bank

1094
00:58:25.159 --> 00:58:28.239
<v Speaker 1>for two years, build it, rent out, and make it

1095
00:58:28.320 --> 00:58:30.719
<v Speaker 1>returns back from rental. If you are building your own

1096
00:58:30.800 --> 00:58:33.280
<v Speaker 1>personal home, the way we do it, there is no

1097
00:58:33.360 --> 00:58:35.679
<v Speaker 1>you know, is that you buy the land and other

1098
00:58:35.880 --> 00:58:36.840
<v Speaker 1>years you put.

1099
00:58:36.719 --> 00:58:39.920
<v Speaker 2>Foundation, then you put one wall, then you roof it.

1100
00:58:40.119 --> 00:58:43.559
<v Speaker 1>They pay you upfront, you buy, they pay you up fronts,

1101
00:58:43.599 --> 00:58:45.800
<v Speaker 1>you buy the bathrooms like that.

1102
00:58:46.079 --> 00:58:47.280
<v Speaker 2>Still you get to the state.

1103
00:58:47.159 --> 00:58:50.280
<v Speaker 3>Where your home is like like ready to be you

1104
00:58:50.400 --> 00:58:52.480
<v Speaker 3>say commissioned. Then you can then take a short term

1105
00:58:52.559 --> 00:58:56.400
<v Speaker 3>loan maybe for a year, paint the house, buy the fittings,

1106
00:58:56.559 --> 00:58:59.639
<v Speaker 3>and move in or rent out. But you won't be

1107
00:58:59.679 --> 00:59:00.360
<v Speaker 3>aware out there.

1108
00:59:00.519 --> 00:59:02.880
<v Speaker 1>Now we have the too, like double said, twenty five

1109
00:59:02.920 --> 00:59:07.519
<v Speaker 1>percent of your retirement service accounts can be used towards.

1110
00:59:07.199 --> 00:59:10.400
<v Speaker 2>A mortgage, so the PFL would pay the mortgage guide.

1111
00:59:10.960 --> 00:59:12.239
<v Speaker 6>So put that that one.

1112
00:59:12.280 --> 00:59:14.480
<v Speaker 1>I think it's more sure than live on the NHF.

1113
00:59:14.519 --> 00:59:17.920
<v Speaker 1>I apply for NGF since two thousand and three, I

1114
00:59:18.039 --> 00:59:20.280
<v Speaker 1>have file number. I don't have the money yet, so

1115
00:59:20.400 --> 00:59:22.840
<v Speaker 1>I know that I know people get this faster, but

1116
00:59:23.079 --> 00:59:25.280
<v Speaker 1>I love I'm not being chasing it. But I'm just

1117
00:59:25.400 --> 00:59:27.199
<v Speaker 1>giving you the facts after the many times.

1118
00:59:27.639 --> 00:59:30.039
<v Speaker 2>So RSA very very important.

1119
00:59:30.480 --> 00:59:34.079
<v Speaker 1>Your own company would have a loan scheme that's usually

1120
00:59:34.199 --> 00:59:38.159
<v Speaker 1>a cheaper than they've commercial banks. So go to your company,

1121
00:59:38.480 --> 00:59:41.840
<v Speaker 1>go to your RS, go to your comparative, go to

1122
00:59:42.079 --> 00:59:45.079
<v Speaker 1>family and friends before you borrow money.

1123
00:59:45.280 --> 00:59:46.039
<v Speaker 2>To buy a house.

1124
00:59:46.199 --> 00:59:49.719
<v Speaker 1>And again in Nigeria today, if you are building single

1125
00:59:50.079 --> 00:59:53.519
<v Speaker 1>single family home, you're on a long tin. Dobble will

1126
00:59:53.519 --> 00:59:56.360
<v Speaker 1>tell you're on a long tam. You must build a

1127
00:59:56.559 --> 00:59:59.199
<v Speaker 1>home even they'll pay you one hundred k a year

1128
00:59:59.599 --> 01:00:01.400
<v Speaker 1>and this you pay the STV that money.

1129
01:00:01.599 --> 01:00:03.360
<v Speaker 2>You have to build at least.

1130
01:00:03.199 --> 01:00:06.199
<v Speaker 1>Something you can rent out what I say in law

1131
01:00:06.440 --> 01:00:09.159
<v Speaker 1>b Q or something you can monetize.

1132
01:00:09.320 --> 01:00:13.800
<v Speaker 2>That place is very very important. And last one, devil,

1133
01:00:13.880 --> 01:00:14.880
<v Speaker 2>you're my witness.

1134
01:00:15.480 --> 01:00:18.159
<v Speaker 1>Again, I went to this estate, and you go to ecoig,

1135
01:00:18.639 --> 01:00:20.719
<v Speaker 1>you go to v I, you go to go you

1136
01:00:20.840 --> 01:00:24.679
<v Speaker 1>see but massive seven bedroom homes built by folks that

1137
01:00:24.800 --> 01:00:27.920
<v Speaker 1>have now retired and their kids have gone to America.

1138
01:00:28.000 --> 01:00:28.960
<v Speaker 2>Those homes are empty.

1139
01:00:29.719 --> 01:00:32.880
<v Speaker 1>So it's a pointer that NIJI don't do this. You retire,

1140
01:00:32.920 --> 01:00:35.760
<v Speaker 1>you move to Florida, you buy your home, you live

1141
01:00:35.880 --> 01:00:39.760
<v Speaker 1>your home. Most of dead capital in this big city

1142
01:00:39.880 --> 01:00:43.119
<v Speaker 1>that a single family. They've been there several dead rooms.

1143
01:00:43.480 --> 01:00:45.599
<v Speaker 1>So think of the future. If you have five kids,

1144
01:00:45.679 --> 01:00:47.320
<v Speaker 1>those kids are not going to come and live with

1145
01:00:47.400 --> 01:00:48.559
<v Speaker 1>you when they getgger.

1146
01:00:48.599 --> 01:00:51.480
<v Speaker 2>They're gonna have their own lives. So think of your plan. B.

1147
01:00:52.079 --> 01:00:54.360
<v Speaker 1>This home is all I'm building this home for now

1148
01:00:54.920 --> 01:00:56.760
<v Speaker 1>and when I retire, I'm going to move to this

1149
01:00:56.880 --> 01:00:57.840
<v Speaker 1>space in Legos.

1150
01:00:57.920 --> 01:01:00.599
<v Speaker 2>While living in VII and equal is very expensive.

1151
01:01:00.679 --> 01:01:03.719
<v Speaker 1>That's the crew do there, but gain there's but if

1152
01:01:03.760 --> 01:01:06.199
<v Speaker 1>we think like that, it might make rents come down.

1153
01:01:06.239 --> 01:01:09.119
<v Speaker 2>There's no point living in v I if you're not working.

1154
01:01:09.599 --> 01:01:12.599
<v Speaker 2>It's so expensive. I mean just to get your land

1155
01:01:12.800 --> 01:01:15.719
<v Speaker 2>use do the shops and all that. We live in

1156
01:01:15.760 --> 01:01:18.559
<v Speaker 2>a Kordu or but di Greve or Orgun or more

1157
01:01:18.599 --> 01:01:20.280
<v Speaker 2>where it's very cheaper for you.

1158
01:01:20.519 --> 01:01:25.000
<v Speaker 1>Right, So maybe we need to take you like that.

1159
01:01:25.920 --> 01:01:27.960
<v Speaker 1>But when we want and if you if you got

1160
01:01:28.119 --> 01:01:30.880
<v Speaker 1>your answer deb was when you you're.

1161
01:01:30.760 --> 01:01:34.480
<v Speaker 5>Good, Yes, I'm blue, and thank you somebody.

1162
01:01:34.519 --> 01:01:37.440
<v Speaker 2>It was quite detailed and a lot of question.

1163
01:01:37.599 --> 01:01:39.440
<v Speaker 6>I don't have a baldy A B and B.

1164
01:01:40.679 --> 01:01:44.280
<v Speaker 2>I know that there are ruled around so su letting apartments.

1165
01:01:44.440 --> 01:01:47.000
<v Speaker 18>So if you have an apartment in the building and

1166
01:01:47.119 --> 01:01:49.119
<v Speaker 18>you want to do a B and B sort of

1167
01:01:49.440 --> 01:01:52.960
<v Speaker 18>a legal implications or does it have to be your

1168
01:01:53.000 --> 01:01:54.360
<v Speaker 18>own full property.

1169
01:01:54.199 --> 01:02:01.159
<v Speaker 2>From top to bottom? He said, So can you come again?

1170
01:02:02.679 --> 01:02:03.960
<v Speaker 2>Oh so I was asking that.

1171
01:02:04.119 --> 01:02:06.800
<v Speaker 28>I know that I ruled around pub lifting apartments.

1172
01:02:07.239 --> 01:02:10.239
<v Speaker 2>So if you had an apartment building and you want

1173
01:02:10.280 --> 01:02:10.480
<v Speaker 2>to do.

1174
01:02:10.559 --> 01:02:13.679
<v Speaker 18>An FBN meeting and then not implications or do you

1175
01:02:13.800 --> 01:02:16.639
<v Speaker 18>have to own the whole property from top to bottom?

1176
01:02:17.639 --> 01:02:20.039
<v Speaker 9>Okay, so with dependents if you are the owner of

1177
01:02:20.119 --> 01:02:23.880
<v Speaker 9>the property, only if it is one apartment happening in

1178
01:02:24.039 --> 01:02:25.519
<v Speaker 9>block or flats, it's yours.

1179
01:02:25.679 --> 01:02:29.760
<v Speaker 2>If you are the one that has the time to police, so.

1180
01:02:29.920 --> 01:02:32.719
<v Speaker 6>You can actually use it for whatever, except there is

1181
01:02:33.000 --> 01:02:37.960
<v Speaker 6>any rule in that environment, maybe in that compound, in that.

1182
01:02:38.360 --> 01:02:41.880
<v Speaker 2>Environment that says that brings are not allowed.

1183
01:02:41.960 --> 01:02:44.480
<v Speaker 6>So if the exactly reustration that, you may not be

1184
01:02:44.559 --> 01:02:45.159
<v Speaker 6>able to do that.

1185
01:02:46.199 --> 01:02:49.280
<v Speaker 9>But if you are renting a property to do their

1186
01:02:49.360 --> 01:02:51.840
<v Speaker 9>B and B, you would have found out pas before

1187
01:02:52.000 --> 01:02:52.599
<v Speaker 9>doing the weather.

1188
01:02:52.760 --> 01:02:54.920
<v Speaker 6>It is something that is liable.

1189
01:02:55.920 --> 01:02:58.400
<v Speaker 2>Most of our laws would found out giving you their

1190
01:02:58.519 --> 01:03:01.880
<v Speaker 2>properties for you to do short lege or service a

1191
01:03:01.960 --> 01:03:02.519
<v Speaker 2>patents with.

1192
01:03:03.719 --> 01:03:07.239
<v Speaker 6>But there are ways to go go about that, and

1193
01:03:07.320 --> 01:03:08.159
<v Speaker 6>the presentation.

1194
01:03:08.400 --> 01:03:13.840
<v Speaker 9>So they arrange us corporate tenants as its way to

1195
01:03:13.960 --> 01:03:16.840
<v Speaker 9>be able to build that whatever. But then you also

1196
01:03:17.000 --> 01:03:21.000
<v Speaker 9>expected to ensure that you do good job of managing

1197
01:03:21.000 --> 01:03:21.960
<v Speaker 9>the property very well.

1198
01:03:22.039 --> 01:03:25.800
<v Speaker 6>So that exists. But just a rider with what have

1199
01:03:25.960 --> 01:03:28.280
<v Speaker 6>you said on the mortgage is.

1200
01:03:28.320 --> 01:03:29.000
<v Speaker 9>That now you do.

1201
01:03:29.119 --> 01:03:32.840
<v Speaker 2>In Asia, they are developers who built and they work

1202
01:03:32.920 --> 01:03:34.119
<v Speaker 2>with mortgage bands.

1203
01:03:34.239 --> 01:03:37.280
<v Speaker 6>I understand and I totally agree with other. Due to

1204
01:03:37.400 --> 01:03:40.360
<v Speaker 6>our rate and process we carrently cover. We have mortgage.

1205
01:03:40.840 --> 01:03:44.159
<v Speaker 9>But there are beauty properties that you can borrow money

1206
01:03:44.239 --> 01:03:47.559
<v Speaker 9>to buy rather than just building your So that's an

1207
01:03:47.639 --> 01:03:48.679
<v Speaker 9>aduction as well.

1208
01:03:49.320 --> 01:03:50.480
<v Speaker 6>And you can also use that.

1209
01:03:50.639 --> 01:03:53.000
<v Speaker 9>That's what I said I do, so you can because

1210
01:03:53.079 --> 01:03:55.920
<v Speaker 9>you need to raise if the properties of the reason

1211
01:03:55.960 --> 01:03:56.960
<v Speaker 9>you might raise.

1212
01:03:57.159 --> 01:03:59.880
<v Speaker 6>Maybe twenty twenty what do all or this other needs?

1213
01:04:00.440 --> 01:04:07.679
<v Speaker 2>And they just got to gotcha? Gotcha. I don't forget

1214
01:04:07.719 --> 01:04:09.079
<v Speaker 2>what it's gonna come out of the title. I just

1215
01:04:09.119 --> 01:04:12.760
<v Speaker 2>want to go together, guys. I'm a tire way.

1216
01:04:12.639 --> 01:04:14.280
<v Speaker 1>More, Thank you so much. I'm you've got the floor.

1217
01:04:14.800 --> 01:04:19.679
<v Speaker 1>Thank yeah, I'm more tire than Pilgrim.

1218
01:04:20.159 --> 01:04:20.519
<v Speaker 15>I'm out.

1219
01:04:21.519 --> 01:04:25.840
<v Speaker 2>I'm going once what I'm doing twice? Hey, pill Grim?

1220
01:04:26.320 --> 01:04:31.079
<v Speaker 2>Are you going? I'm gone, you go ahead, yeah, go ahead, believing.

1221
01:04:33.920 --> 01:04:36.360
<v Speaker 28>Yeah wa, it's a nice face look up here, and

1222
01:04:37.159 --> 01:04:42.320
<v Speaker 28>I love to actually listen so interesting.

1223
01:04:42.679 --> 01:04:46.639
<v Speaker 2>Topics as this, especially starting the country.

1224
01:04:47.400 --> 01:04:52.719
<v Speaker 29>So however, you were call by talking about bond as

1225
01:04:52.800 --> 01:04:59.280
<v Speaker 29>against maybe just trying to wave the options. So talking

1226
01:04:59.360 --> 01:05:02.960
<v Speaker 29>about the I was asking for them. When you buy property,

1227
01:05:03.079 --> 01:05:09.000
<v Speaker 29>don't confuse the appreciation in the value to the diffidend yield.

1228
01:05:09.639 --> 01:05:13.239
<v Speaker 29>You have to compare diffidend yield the property to the

1229
01:05:13.519 --> 01:05:16.480
<v Speaker 29>dividend or cook on the years of the bond, and

1230
01:05:16.639 --> 01:05:18.960
<v Speaker 29>then there's the dividend years of the stock. So we

1231
01:05:19.119 --> 01:05:21.840
<v Speaker 29>yield to yield, not value to yield.

1232
01:05:22.039 --> 01:05:23.079
<v Speaker 2>That's the point I was making.

1233
01:05:24.679 --> 01:05:29.239
<v Speaker 5>Oh, I get your point of what in my own way,

1234
01:05:29.639 --> 01:05:32.440
<v Speaker 5>I believe, let's.

1235
01:05:32.920 --> 01:05:34.400
<v Speaker 2>Pains time frame.

1236
01:05:35.199 --> 01:05:38.719
<v Speaker 27>You your home, let's say ten million are now and okay,

1237
01:05:39.000 --> 01:05:41.639
<v Speaker 27>want to buy real estates or buy bounds.

1238
01:05:42.400 --> 01:05:43.360
<v Speaker 10>We give on your bond.

1239
01:05:43.440 --> 01:05:47.599
<v Speaker 20>Most of the time a n is just your your

1240
01:05:48.679 --> 01:05:50.320
<v Speaker 20>your dividends and.

1241
01:05:51.880 --> 01:05:56.760
<v Speaker 28>Back actually broth as okay what mister Gable.

1242
01:05:56.559 --> 01:06:01.000
<v Speaker 26>Said all the time where you steady able optics and

1243
01:06:01.719 --> 01:06:05.239
<v Speaker 26>some people both in twousand and five for five.

1244
01:06:05.079 --> 01:06:08.880
<v Speaker 6>Million and they want so if.

1245
01:06:08.800 --> 01:06:12.840
<v Speaker 20>You're looking at yield I think it's the one cable.

1246
01:06:13.519 --> 01:06:15.199
<v Speaker 2>Let's say you have access to.

1247
01:06:15.400 --> 01:06:20.920
<v Speaker 26>Shoot some amlit fonts that is and okay those have

1248
01:06:21.039 --> 01:06:23.440
<v Speaker 26>ancestor they meant to.

1249
01:06:23.480 --> 01:06:28.519
<v Speaker 2>Make for awn a period of time and just over

1250
01:06:28.639 --> 01:06:32.239
<v Speaker 2>the bent. But you're looking at we found like value

1251
01:06:33.079 --> 01:06:34.519
<v Speaker 2>worth appreciation.

1252
01:06:34.719 --> 01:06:38.119
<v Speaker 20>So to say I still feel let's says, of course

1253
01:06:38.159 --> 01:06:39.599
<v Speaker 20>it no, you're.

1254
01:06:39.679 --> 01:06:42.440
<v Speaker 1>You're making the same you're making. It's because of your

1255
01:06:42.519 --> 01:06:43.960
<v Speaker 1>your comment. That's why I made sure I made that

1256
01:06:44.079 --> 01:06:47.079
<v Speaker 1>clarity at the very bad beginning. If you are an investor,

1257
01:06:47.719 --> 01:06:53.280
<v Speaker 1>you are looking at yield return. The asset appreciation is

1258
01:06:53.559 --> 01:06:56.639
<v Speaker 1>not the same as the yield. Remember that if the

1259
01:06:56.719 --> 01:06:59.159
<v Speaker 1>property is worth a one hundred million, you have to

1260
01:06:59.239 --> 01:07:01.639
<v Speaker 1>have had a hunt belong to invest in the same place.

1261
01:07:01.960 --> 01:07:04.079
<v Speaker 1>So there's going to be an opportunity cost that if

1262
01:07:04.079 --> 01:07:06.400
<v Speaker 1>you have left that money in the bank. So I've

1263
01:07:06.440 --> 01:07:08.880
<v Speaker 1>seen you doing the money. So why take the money

1264
01:07:08.920 --> 01:07:11.239
<v Speaker 1>from the bank that's going to pay you eleven percent

1265
01:07:11.880 --> 01:07:14.400
<v Speaker 1>and buy property that I will pay you two percent?

1266
01:07:14.880 --> 01:07:18.079
<v Speaker 1>Because you say the value of the property will appreciate,

1267
01:07:18.239 --> 01:07:18.639
<v Speaker 1>what are.

1268
01:07:18.559 --> 01:07:20.320
<v Speaker 2>You making In the end?

1269
01:07:20.440 --> 01:07:24.000
<v Speaker 1>You invest to make money, right, so do your return

1270
01:07:24.119 --> 01:07:27.360
<v Speaker 1>on investment? Your return on assets are still going to

1271
01:07:27.440 --> 01:07:27.840
<v Speaker 1>be lower.

1272
01:07:28.159 --> 01:07:29.039
<v Speaker 2>I'm not debating that.

1273
01:07:29.079 --> 01:07:32.199
<v Speaker 1>The property, by inflation, will not go up in price,

1274
01:07:32.280 --> 01:07:35.039
<v Speaker 1>but you must compare like for like. So if you

1275
01:07:35.239 --> 01:07:38.280
<v Speaker 1>if we both have a million, and you build property

1276
01:07:38.400 --> 01:07:41.400
<v Speaker 1>and you get rental or for one hundred thousand, that's

1277
01:07:41.519 --> 01:07:44.239
<v Speaker 1>ten percent. If I buy a federal government bond to

1278
01:07:44.280 --> 01:07:48.000
<v Speaker 1>my one million, I'm getting fifteen percent, twenty percent, So

1279
01:07:48.239 --> 01:07:50.960
<v Speaker 1>over twenty years period, I still make more than you.

1280
01:07:53.559 --> 01:07:57.840
<v Speaker 28>Or are you saying you get to have opportunities for

1281
01:07:57.920 --> 01:07:59.880
<v Speaker 28>the bank because.

1282
01:08:01.320 --> 01:08:02.280
<v Speaker 6>Over ten years.

1283
01:08:02.079 --> 01:08:10.840
<v Speaker 1>Period the yield of course, yeah, your your yield is

1284
01:08:10.880 --> 01:08:13.679
<v Speaker 1>your rental yield. You can't look at the value of

1285
01:08:13.800 --> 01:08:16.800
<v Speaker 1>the property. You have to look at the rental yield.

1286
01:08:16.920 --> 01:08:20.159
<v Speaker 1>That's the point I'm making. You are comparing the value

1287
01:08:20.239 --> 01:08:24.479
<v Speaker 1>of the property to to my dividend heel, which is wrong.

1288
01:08:24.520 --> 01:08:28.520
<v Speaker 1>You have to compare your rental yield to my coupon

1289
01:08:28.680 --> 01:08:30.079
<v Speaker 1>yield or my dividend yield.

1290
01:08:30.119 --> 01:08:31.119
<v Speaker 2>To the point I'm making, so.

1291
01:08:33.079 --> 01:08:33.479
<v Speaker 6>You can't.

1292
01:08:34.680 --> 01:08:35.479
<v Speaker 2>I'm nottivating it.

1293
01:08:35.560 --> 01:08:38.800
<v Speaker 1>The property will not rise two hundred percent, But what's

1294
01:08:38.880 --> 01:08:42.560
<v Speaker 1>the yield from that two hundred percent? If it's if

1295
01:08:42.640 --> 01:08:46.079
<v Speaker 1>the property is now two hundred million and the rent

1296
01:08:46.279 --> 01:08:48.520
<v Speaker 1>is still one million.

1297
01:08:50.319 --> 01:08:56.600
<v Speaker 2>It's nothing I get one, so all right, sir. Also,

1298
01:08:56.680 --> 01:09:00.600
<v Speaker 2>I just need to portray some one for people who

1299
01:09:00.760 --> 01:09:04.039
<v Speaker 2>are want to try.

1300
01:09:04.880 --> 01:09:10.359
<v Speaker 20>So from experience, I've seen some clients and people.

1301
01:09:12.199 --> 01:09:15.640
<v Speaker 28>Go into sublett especially for the lead that actually may

1302
01:09:15.720 --> 01:09:21.920
<v Speaker 28>we want to get into sublets actually, so there are houses.

1303
01:09:21.720 --> 01:09:24.720
<v Speaker 6>And the green fast which we.

1304
01:09:24.880 --> 01:09:29.399
<v Speaker 26>Have they can house, especially in lind Yeah, this is

1305
01:09:29.439 --> 01:09:30.479
<v Speaker 26>actually overwhelming.

1306
01:09:31.359 --> 01:09:35.079
<v Speaker 27>At the same time, we have eye cot the ranks,

1307
01:09:35.800 --> 01:09:38.279
<v Speaker 27>so we have people having difficult.

1308
01:09:38.000 --> 01:09:41.680
<v Speaker 20>If people with them, especially which is to move home

1309
01:09:41.720 --> 01:09:42.319
<v Speaker 20>in the country.

1310
01:09:43.159 --> 01:09:47.399
<v Speaker 27>So there is an opportunate that I've seen some clients flow.

1311
01:09:49.039 --> 01:09:53.520
<v Speaker 27>So let's say you have five million all timely iron.

1312
01:09:53.960 --> 01:09:57.000
<v Speaker 20>You that you want to do something within the re

1313
01:09:57.199 --> 01:09:59.439
<v Speaker 20>in real space, So what do you get to do

1314
01:10:00.079 --> 01:10:00.680
<v Speaker 20>and rate?

1315
01:10:02.720 --> 01:10:04.279
<v Speaker 6>You can arrange a.

1316
01:10:04.560 --> 01:10:06.680
<v Speaker 2>Place just like the one you've mentioned.

1317
01:10:08.159 --> 01:10:12.479
<v Speaker 20>Big these days and I don't and people are not

1318
01:10:12.600 --> 01:10:13.960
<v Speaker 20>talking a lot of them.

1319
01:10:15.079 --> 01:10:17.479
<v Speaker 28>So of course you have to be an agreement with

1320
01:10:17.560 --> 01:10:22.359
<v Speaker 28>the land so you can ranking on anything you can,

1321
01:10:23.359 --> 01:10:24.319
<v Speaker 28>so bless.

1322
01:10:24.680 --> 01:10:28.640
<v Speaker 26>You can make it into one and make it into

1323
01:10:29.000 --> 01:10:33.600
<v Speaker 26>the thrones you can. That's on on the land of

1324
01:10:33.760 --> 01:10:35.760
<v Speaker 26>permission actually, so you get.

1325
01:10:35.680 --> 01:10:38.319
<v Speaker 20>Something you can create to do outments, you can create

1326
01:10:38.399 --> 01:10:39.279
<v Speaker 20>a different.

1327
01:10:42.239 --> 01:10:46.520
<v Speaker 3>All. I got you a good points. Let me get

1328
01:10:46.720 --> 01:10:52.800
<v Speaker 3>Pillo grips. I got Pilogrip and than Shaddy. I'm thanks God, yeah.

1329
01:10:58.720 --> 01:11:02.960
<v Speaker 2>Everyone, thank you? What are you? Introduction and.

1330
01:11:04.800 --> 01:11:09.479
<v Speaker 6>Resume? I must say I've got a question for you.

1331
01:11:11.800 --> 01:11:15.399
<v Speaker 2>My name is Chick reciting in the UK with of

1332
01:11:15.560 --> 01:11:19.560
<v Speaker 2>course interest and investment in real estate in injury. And

1333
01:11:19.720 --> 01:11:24.399
<v Speaker 2>my question is for mister DeBow. Going from my own experience,

1334
01:11:27.399 --> 01:11:29.279
<v Speaker 2>I've fully invested and real estate.

1335
01:11:29.159 --> 01:11:30.880
<v Speaker 6>In Nigeria and it's been.

1336
01:11:30.880 --> 01:11:36.439
<v Speaker 15>All well relatively until the detail end of the Bohigher administration.

1337
01:11:36.800 --> 01:11:38.319
<v Speaker 6>We delivered a bit of the.

1338
01:11:38.600 --> 01:11:44.600
<v Speaker 15>Dollar pounds messing up and then ultimately fingers completely burned.

1339
01:11:45.039 --> 01:11:49.279
<v Speaker 6>In the last one year, I would say, and my.

1340
01:11:49.479 --> 01:11:52.920
<v Speaker 10>Question would be what is first.

1341
01:11:54.720 --> 01:11:55.199
<v Speaker 2>Questions?

1342
01:11:55.239 --> 01:11:59.039
<v Speaker 15>And first one would be in terms of the devaluation.

1343
01:12:00.399 --> 01:12:02.000
<v Speaker 15>They've got an experience.

1344
01:12:02.239 --> 01:12:05.199
<v Speaker 30>We have properties that are for just tens in two

1345
01:12:05.279 --> 01:12:11.119
<v Speaker 30>thousand and nineteen twenty twenty twenty two and for one thousand,

1346
01:12:11.439 --> 01:12:16.000
<v Speaker 30>one hundred pounds two dollars and then they've appreciated.

1347
01:12:16.239 --> 01:12:18.399
<v Speaker 2>But today when you look at the factory, you want

1348
01:12:18.479 --> 01:12:21.560
<v Speaker 2>to bring it back, bring back money here is worthless.

1349
01:12:21.680 --> 01:12:25.560
<v Speaker 15>I've got property in a Budja that as a twenty

1350
01:12:25.720 --> 01:12:28.920
<v Speaker 15>and nineteen was returning back in to the.

1351
01:12:29.000 --> 01:12:30.039
<v Speaker 6>UK for me six.

1352
01:12:29.960 --> 01:12:32.560
<v Speaker 2>Thousand pounds and they exchange it of about four.

1353
01:12:32.520 --> 01:12:37.439
<v Speaker 15>Fifty that's property at two point one million rentags two

1354
01:12:37.520 --> 01:12:41.319
<v Speaker 15>thousand and nineteen twent thousand and twenty, even with a

1355
01:12:41.479 --> 01:12:45.079
<v Speaker 15>fifty percent on reasoning that is, I mean, I was

1356
01:12:45.119 --> 01:12:46.279
<v Speaker 15>advised by the agency.

1357
01:12:46.359 --> 01:12:47.359
<v Speaker 6>I didn't want to be what.

1358
01:12:47.399 --> 01:12:50.640
<v Speaker 15>Can you do with inflation even at an extra one million,

1359
01:12:50.720 --> 01:12:53.279
<v Speaker 15>which means property has been invented at three million for

1360
01:12:53.439 --> 01:12:56.880
<v Speaker 15>two point five two point six for some people. The

1361
01:12:57.039 --> 01:12:59.880
<v Speaker 15>return has now gone down from about six thousand.

1362
01:13:00.359 --> 01:13:04.159
<v Speaker 2>Coming back in twenty nineteen to a.

1363
01:13:05.960 --> 01:13:07.319
<v Speaker 6>One thousand and eight to break.

1364
01:13:07.199 --> 01:13:11.520
<v Speaker 2>Two thousand pounds today. I repeat, from six thousand.

1365
01:13:11.239 --> 01:13:15.920
<v Speaker 15>Pounds in twenty nineteen has two million to about two

1366
01:13:16.000 --> 01:13:20.079
<v Speaker 15>thousand pounds being returned now at about two point five.

1367
01:13:20.199 --> 01:13:23.920
<v Speaker 2>Point six million brand. So it's horrible, It's terrible.

1368
01:13:24.079 --> 01:13:27.479
<v Speaker 15>And now I have properties that not just million other

1369
01:13:27.560 --> 01:13:30.079
<v Speaker 15>people here in the UK and of course firs that

1370
01:13:30.159 --> 01:13:30.800
<v Speaker 15>please here.

1371
01:13:30.760 --> 01:13:33.760
<v Speaker 2>That I know I have a property that is that

1372
01:13:34.000 --> 01:13:41.079
<v Speaker 2>waschest two today it's unbearable to even me imagine the

1373
01:13:41.239 --> 01:13:42.800
<v Speaker 2>costs to bring it if.

1374
01:13:42.680 --> 01:13:46.920
<v Speaker 31>You want to take back that money, because definitely we

1375
01:13:47.119 --> 01:13:48.439
<v Speaker 31>changed pounds.

1376
01:13:48.199 --> 01:13:49.359
<v Speaker 2>To purchase this property.

1377
01:13:49.479 --> 01:13:51.319
<v Speaker 32>And my question to you I had when you were

1378
01:13:51.399 --> 01:13:55.159
<v Speaker 32>talking about the issue of reinvesting just.

1379
01:13:55.239 --> 01:13:58.239
<v Speaker 31>Because of family members, But how do I put in

1380
01:13:58.359 --> 01:13:59.479
<v Speaker 31>two hundred million and.

1381
01:14:00.279 --> 01:14:01.399
<v Speaker 6>Just for family members?

1382
01:14:01.439 --> 01:14:03.760
<v Speaker 2>To me? And this easy for me to send.

1383
01:14:03.640 --> 01:14:05.840
<v Speaker 9>Them five hundred pounds to please go fiees of people

1384
01:14:06.199 --> 01:14:09.039
<v Speaker 9>one thousand pounds place betting.

1385
01:14:11.439 --> 01:14:14.920
<v Speaker 2>Go to the question so you can look what is

1386
01:14:15.079 --> 01:14:17.720
<v Speaker 2>the way what do you advise the dear sport?

1387
01:14:18.560 --> 01:14:23.000
<v Speaker 15>And with the issue of this devibuation, have we come

1388
01:14:23.119 --> 01:14:26.000
<v Speaker 15>to the end or have we still at the position

1389
01:14:26.279 --> 01:14:28.560
<v Speaker 15>were one hundred thousand pounds comes.

1390
01:14:28.319 --> 01:14:31.479
<v Speaker 31>In and then today at two thousand and two mumble

1391
01:14:31.600 --> 01:14:34.119
<v Speaker 31>to a pound and after two months it goes back

1392
01:14:34.199 --> 01:14:36.520
<v Speaker 31>again to two thousand and five. Can you tell us,

1393
01:14:36.880 --> 01:14:39.640
<v Speaker 31>the dear sport, we are what is the way forward?

1394
01:14:39.720 --> 01:14:43.039
<v Speaker 31>Should we be invested at the moment? Should we be

1395
01:14:43.159 --> 01:14:45.920
<v Speaker 31>by at the moment? Otherwise? Tell us what is the

1396
01:14:46.000 --> 01:14:48.359
<v Speaker 31>way forward beyond investing.

1397
01:14:48.079 --> 01:14:49.520
<v Speaker 2>For family members?

1398
01:14:49.720 --> 01:14:52.199
<v Speaker 6>What is the way forward we should we put that money?

1399
01:14:52.560 --> 01:14:54.920
<v Speaker 2>The second question of God is on the A, B

1400
01:14:55.079 --> 01:14:57.479
<v Speaker 2>and B. And my question for you, please, if you

1401
01:14:57.640 --> 01:15:01.239
<v Speaker 2>have got an experience what a is the future.

1402
01:15:01.119 --> 01:15:05.039
<v Speaker 32>Today A B and B from micronsal personal experience, the

1403
01:15:05.239 --> 01:15:09.199
<v Speaker 32>coast of hosting as has high this guy, okay, with

1404
01:15:09.319 --> 01:15:12.000
<v Speaker 32>the coast of the electricity that is that they're.

1405
01:15:11.840 --> 01:15:16.079
<v Speaker 2>Putting now the patrol and then whatsoever.

1406
01:15:15.640 --> 01:15:17.800
<v Speaker 32>It's nearly coming at a part.

1407
01:15:17.640 --> 01:15:21.560
<v Speaker 2>With even morels and what the competitiveness is now a problem?

1408
01:15:21.680 --> 01:15:24.479
<v Speaker 2>So again, what is the future of A B and.

1409
01:15:24.560 --> 01:15:29.239
<v Speaker 25>B today with respect to the hyper inflection patrol?

1410
01:15:29.439 --> 01:15:31.239
<v Speaker 2>And this I think I think it's.

1411
01:15:32.920 --> 01:15:34.680
<v Speaker 1>We want to take that real quick. It's asking I mean,

1412
01:15:34.720 --> 01:15:37.319
<v Speaker 1>how do you do this? I think it's going back

1413
01:15:37.319 --> 01:15:40.880
<v Speaker 1>to your talkings about diaspora and person na gener real estate.

1414
01:15:41.119 --> 01:15:42.960
<v Speaker 1>How do you what's the best practice around? Do you

1415
01:15:43.000 --> 01:15:45.920
<v Speaker 1>have any tapes for him? And also with the Airbnb,

1416
01:15:46.079 --> 01:15:48.680
<v Speaker 1>I mean things petrol. I have a guy that has

1417
01:15:48.720 --> 01:15:51.439
<v Speaker 1>an AIRBM but he tells me petrol takes everything. This

1418
01:15:51.840 --> 01:15:56.920
<v Speaker 1>just takes the whole profity. So if you take on that,

1419
01:16:12.800 --> 01:16:13.800
<v Speaker 1>they we're gonna hit it on me.

1420
01:16:14.720 --> 01:16:17.039
<v Speaker 10>Oh sorry, okay, sorry, sorry, okay.

1421
01:16:17.960 --> 01:16:20.279
<v Speaker 2>Are you planning to come back to Nigeria.

1422
01:16:21.600 --> 01:16:21.920
<v Speaker 10>Something?

1423
01:16:23.119 --> 01:16:25.600
<v Speaker 6>Just put it? Okay?

1424
01:16:25.800 --> 01:16:28.479
<v Speaker 5>Then then I don't think you should be putting money.

1425
01:16:28.840 --> 01:16:30.319
<v Speaker 6>Except for social disease.

1426
01:16:30.359 --> 01:16:36.319
<v Speaker 2>And I've mentioned earlier, so you probablished and just know that, well,

1427
01:16:36.520 --> 01:16:38.239
<v Speaker 2>certainly I've invested all of this.

1428
01:16:39.039 --> 01:16:43.600
<v Speaker 9>I will focus your investments in other other places for now.

1429
01:16:44.239 --> 01:16:47.840
<v Speaker 9>It's until we get to a point that maybe the

1430
01:16:48.039 --> 01:16:51.960
<v Speaker 9>I can be a bit more stable again and you.

1431
01:16:52.079 --> 01:16:54.880
<v Speaker 2>Can then look at the situation. But so I take

1432
01:16:54.920 --> 01:16:59.760
<v Speaker 2>it an investment decision. When you are praise, what's scene

1433
01:17:00.159 --> 01:17:00.880
<v Speaker 2>you are facing?

1434
01:17:01.079 --> 01:17:04.680
<v Speaker 33>Okay, that is importanss truth and that's what I started

1435
01:17:04.880 --> 01:17:07.359
<v Speaker 33>by saying. That doesn't make any sense in a joint

1436
01:17:07.399 --> 01:17:10.239
<v Speaker 33>as well to be fasting in that year other than

1437
01:17:10.359 --> 01:17:14.359
<v Speaker 33>for social reasons beyond you the retails.

1438
01:17:14.600 --> 01:17:19.039
<v Speaker 2>That's the truth where we are right now. Okay, on

1439
01:17:19.319 --> 01:17:25.159
<v Speaker 2>the short legs, I also don't know which location. So

1440
01:17:25.520 --> 01:17:29.840
<v Speaker 2>it is the I end shortlegs that will survive the

1441
01:17:30.279 --> 01:17:35.039
<v Speaker 2>costs challenge. We are having a new cost of flowing

1442
01:17:35.159 --> 01:17:36.279
<v Speaker 2>up eating costs.

1443
01:17:36.000 --> 01:17:37.119
<v Speaker 6>That we're having right now.

1444
01:17:37.840 --> 01:17:42.239
<v Speaker 9>Okay, I end we have prices can still be moved up,

1445
01:17:42.319 --> 01:17:46.479
<v Speaker 9>and people have reasons why they are taking and that's why.

1446
01:17:46.840 --> 01:17:50.079
<v Speaker 2>You may want to be looking at converting your.

1447
01:17:51.520 --> 01:17:52.600
<v Speaker 6>Short letter apartment.

1448
01:17:52.720 --> 01:17:53.960
<v Speaker 2>So she had the apartment.

1449
01:17:54.479 --> 01:17:57.159
<v Speaker 9>She had The apartment was mentioned, and I think that

1450
01:17:57.279 --> 01:18:00.800
<v Speaker 9>was what I was also talking about in mentioned you

1451
01:18:00.880 --> 01:18:03.760
<v Speaker 9>know lockily bed room, you can structure it.

1452
01:18:03.840 --> 01:18:07.079
<v Speaker 2>In the way and even this little room can be

1453
01:18:07.199 --> 01:18:09.960
<v Speaker 2>converted to your room. Depending on difficulty, the.

1454
01:18:10.000 --> 01:18:11.560
<v Speaker 6>Love or or if you own the property, you can

1455
01:18:11.640 --> 01:18:11.800
<v Speaker 6>do that.

1456
01:18:12.199 --> 01:18:15.600
<v Speaker 9>I invent the three of the forums are become kitten,

1457
01:18:15.840 --> 01:18:18.399
<v Speaker 9>just like what they do, what the HMOs in the.

1458
01:18:18.479 --> 01:18:19.600
<v Speaker 2>UK, stuff like that.

1459
01:18:20.119 --> 01:18:23.039
<v Speaker 10>That's what you may have to do at the moments

1460
01:18:23.800 --> 01:18:25.319
<v Speaker 10>that would still give you.

1461
01:18:25.680 --> 01:18:32.479
<v Speaker 34>I argue next position as to the stooplets, and as

1462
01:18:32.600 --> 01:18:37.159
<v Speaker 34>you know, in our kind of environment, once you start

1463
01:18:37.239 --> 01:18:39.439
<v Speaker 34>a line of business.

1464
01:18:39.199 --> 01:18:43.880
<v Speaker 9>That people think is being becoming more and more profitable,

1465
01:18:44.399 --> 01:18:48.239
<v Speaker 9>a lot of loose and free money. You know that

1466
01:18:48.359 --> 01:18:52.399
<v Speaker 9>people bring guards to them, you know, invest in those

1467
01:18:52.439 --> 01:18:54.640
<v Speaker 9>things until then.

1468
01:18:54.479 --> 01:18:57.239
<v Speaker 2>You saturate the markets, you know, and.

1469
01:18:57.399 --> 01:19:01.079
<v Speaker 9>It then becomes challenging for people to start making reasonable

1470
01:19:01.520 --> 01:19:05.399
<v Speaker 9>So you want to becnsider. You're holding in short let

1471
01:19:05.520 --> 01:19:10.840
<v Speaker 9>apartment depending on the location, and you probably want to check.

1472
01:19:10.760 --> 01:19:13.880
<v Speaker 2>Whether you can switch to here the apartments for now

1473
01:19:14.560 --> 01:19:16.800
<v Speaker 2>and maybe when to realize better they.

1474
01:19:16.800 --> 01:19:19.479
<v Speaker 6>Come back to short That's that's what I would have

1475
01:19:19.680 --> 01:19:20.279
<v Speaker 6>with somewhere.

1476
01:19:20.680 --> 01:19:23.479
<v Speaker 1>Thank you, thank you, you're saying the location of the

1477
01:19:24.119 --> 01:19:26.640
<v Speaker 1>matters high. If it's in a high end, then the rental,

1478
01:19:26.760 --> 01:19:30.680
<v Speaker 1>the charge off your little higher cost. Otherwise move on

1479
01:19:32.560 --> 01:19:35.840
<v Speaker 1>and also don't invest. You cannot says is not coming

1480
01:19:35.880 --> 01:19:37.159
<v Speaker 1>back this particular reason.

1481
01:19:38.520 --> 01:19:40.720
<v Speaker 6>But that's what I'm saying, because it will make sense.

1482
01:19:42.479 --> 01:19:43.560
<v Speaker 6>You're not coming.

1483
01:19:43.359 --> 01:19:45.119
<v Speaker 10>Back if you don't have your family here, that.

1484
01:19:45.199 --> 01:19:48.920
<v Speaker 9>Your mandy property for you do have the situations here

1485
01:19:49.000 --> 01:19:52.920
<v Speaker 9>that usually intotension. I feel that your strategy is solving

1486
01:19:53.039 --> 01:19:56.000
<v Speaker 9>that will investments in a ja taking.

1487
01:19:55.760 --> 01:19:56.279
<v Speaker 10>Care of that.

1488
01:19:56.960 --> 01:19:58.600
<v Speaker 2>You know, there's no points.

1489
01:20:00.279 --> 01:20:04.119
<v Speaker 1>I hear all right, let's get Sheddy and we'll get

1490
01:20:04.239 --> 01:20:06.479
<v Speaker 1>Buddy Shady and the body.

1491
01:20:09.079 --> 01:20:12.439
<v Speaker 2>Shaddy. Go ahead, Okay, good to everyone, Please come form.

1492
01:20:12.479 --> 01:20:14.039
<v Speaker 2>You can hear me, Yes, I can, thank you.

1493
01:20:14.720 --> 01:20:17.840
<v Speaker 19>I had two questions and the previous speaker just to

1494
01:20:18.000 --> 01:20:19.800
<v Speaker 19>my tunder And the first one because.

1495
01:20:20.199 --> 01:20:22.960
<v Speaker 2>Taking a loan that's low interest ways.

1496
01:20:22.720 --> 01:20:25.760
<v Speaker 19>To biprops in Nigeria. When it's time to repatriate and

1497
01:20:26.079 --> 01:20:28.920
<v Speaker 19>you see the extender, it just crashes everything.

1498
01:20:29.640 --> 01:20:32.960
<v Speaker 6>It's really really painful. I know many that have gone another.

1499
01:20:33.600 --> 01:20:35.600
<v Speaker 10>So my next question is going to.

1500
01:20:35.640 --> 01:20:37.439
<v Speaker 6>Be Canule and the table.

1501
01:20:38.000 --> 01:20:38.600
<v Speaker 5>Most of our.

1502
01:20:38.560 --> 01:20:41.279
<v Speaker 2>Conversation has been around investing in.

1503
01:20:42.760 --> 01:20:48.199
<v Speaker 19>Hyber areas they like they the eyes and that asis.

1504
01:20:48.840 --> 01:20:51.199
<v Speaker 19>Now we know that top three in those places are

1505
01:20:51.359 --> 01:20:57.159
<v Speaker 19>very expensive. So I want to look outside of Legos

1506
01:20:57.279 --> 01:21:01.920
<v Speaker 19>and Central Abuja, for example. Many of us in our localities,

1507
01:21:02.039 --> 01:21:05.399
<v Speaker 19>what we have there what I call emotional investments.

1508
01:21:06.800 --> 01:21:10.039
<v Speaker 2>But if one needs to go and invet in real

1509
01:21:10.239 --> 01:21:17.760
<v Speaker 2>estates in places that are not so urban in the currents.

1510
01:21:17.560 --> 01:21:24.520
<v Speaker 19>Nigeria scenario, is that going to be profitable?

1511
01:21:25.640 --> 01:21:27.600
<v Speaker 2>So to be clear, are you saying, like, give me

1512
01:21:27.680 --> 01:21:30.199
<v Speaker 2>a town. Are you saying Tobe investing in, say Jaws

1513
01:21:30.520 --> 01:21:33.880
<v Speaker 2>or where are you going to do this? Can you

1514
01:21:33.960 --> 01:21:34.760
<v Speaker 2>have a town in mind?

1515
01:21:35.199 --> 01:21:38.720
<v Speaker 19>It's just LEAs just for an example, mainland just to

1516
01:21:39.560 --> 01:21:43.439
<v Speaker 19>the higher areas of just now. It's also been priced

1517
01:21:43.479 --> 01:21:48.199
<v Speaker 19>out of I'm looking from the perspective of someone who's

1518
01:21:48.239 --> 01:21:50.960
<v Speaker 19>normally bullying in megabox like that, but who wants to

1519
01:21:51.640 --> 01:21:56.680
<v Speaker 19>start somewhere, so the outskirts of the gay in.

1520
01:21:56.720 --> 01:22:01.000
<v Speaker 6>The place like just now. If you put in a

1521
01:22:01.159 --> 01:22:01.960
<v Speaker 6>building or a.

1522
01:22:02.000 --> 01:22:07.439
<v Speaker 19>Group of buildings other than selling for sales they rent,

1523
01:22:07.960 --> 01:22:10.960
<v Speaker 19>is this long term profitable twenty thirty years?

1524
01:22:14.800 --> 01:22:19.319
<v Speaker 5>Yeah, that's no exactly.

1525
01:22:21.039 --> 01:22:23.199
<v Speaker 10>To how can it now?

1526
01:22:23.359 --> 01:22:27.359
<v Speaker 2>The how can we now defeat this over your.

1527
01:22:28.760 --> 01:22:30.960
<v Speaker 19>I then needs to be able to defeat this over

1528
01:22:31.039 --> 01:22:35.119
<v Speaker 19>your challenge of imploring profitable for years.

1529
01:22:35.159 --> 01:22:37.560
<v Speaker 2>It's an imagine market. You know it's going to blow

1530
01:22:38.399 --> 01:22:39.600
<v Speaker 2>in a furious time.

1531
01:22:40.159 --> 01:22:41.479
<v Speaker 5>We don't know how soon.

1532
01:22:42.840 --> 01:22:46.920
<v Speaker 19>So we're in the lot of we didn't invest when

1533
01:22:47.000 --> 01:22:49.079
<v Speaker 19>it was still very greenland.

1534
01:22:50.279 --> 01:22:52.520
<v Speaker 7>So what you just know is that you're playing the growth.

1535
01:22:52.840 --> 01:23:00.359
<v Speaker 7>You're playing this reculatively. Does only that another best hear me?

1536
01:23:01.960 --> 01:23:04.720
<v Speaker 6>Yeah? Yeah, you know what you do with parties like.

1537
01:23:04.720 --> 01:23:08.600
<v Speaker 11>That is you speculated on the investing you sclate, So

1538
01:23:08.840 --> 01:23:13.720
<v Speaker 11>you know, playing speculative as expecting any return or to

1539
01:23:13.920 --> 01:23:19.920
<v Speaker 11>where you catch up, you get your appreciation and principal Yeah, hm,

1540
01:23:20.359 --> 01:23:21.199
<v Speaker 11>you get what I'm saying.

1541
01:23:22.600 --> 01:23:24.680
<v Speaker 25>It just comes to ready that you're going to be

1542
01:23:24.800 --> 01:23:32.840
<v Speaker 25>getting the government bone is not even wanted.

1543
01:23:33.119 --> 01:23:36.279
<v Speaker 35>But then so on that end, you know you're losing

1544
01:23:36.840 --> 01:23:41.600
<v Speaker 35>speculative majorly because maybe out maybe out typed this because

1545
01:23:41.680 --> 01:23:43.319
<v Speaker 35>I'm struggling to hear.

1546
01:23:44.560 --> 01:23:49.000
<v Speaker 1>So essentially I can help what he's saying. You are speculating.

1547
01:23:49.600 --> 01:23:52.920
<v Speaker 1>This very you have painted is more a speculative adventure.

1548
01:23:53.239 --> 01:23:54.319
<v Speaker 1>That's why he's get.

1549
01:23:54.199 --> 01:23:54.359
<v Speaker 2>To know.

1550
01:23:56.560 --> 01:23:58.800
<v Speaker 36>The most successful business is today.

1551
01:24:00.079 --> 01:24:05.279
<v Speaker 2>From speculations and the hits the good or they lost. Okay,

1552
01:24:05.520 --> 01:24:08.479
<v Speaker 2>that's another way to look at it. Yeah they lost.

1553
01:24:08.600 --> 01:24:10.920
<v Speaker 1>So I mean again, it's goes back to this patient's

1554
01:24:10.960 --> 01:24:13.520
<v Speaker 1>capital thing. You know, instead up by saying you are borrowing.

1555
01:24:13.600 --> 01:24:16.720
<v Speaker 1>If I had ten thousand dollars and I didn't have

1556
01:24:16.840 --> 01:24:19.000
<v Speaker 1>to pay interest on it and I didn't have to

1557
01:24:19.079 --> 01:24:21.920
<v Speaker 1>invest it, oh my god, I'll come to Nigeria. Buy

1558
01:24:22.159 --> 01:24:25.840
<v Speaker 1>five plots and wait, buy five plots two thousand, five

1559
01:24:25.880 --> 01:24:28.119
<v Speaker 1>hundred dollars in Nigeria's a lot of money.

1560
01:24:27.880 --> 01:24:32.279
<v Speaker 2>By five off off commercial, off the big places and wait.

1561
01:24:32.439 --> 01:24:34.800
<v Speaker 1>You know that's the point he's making. If you wait

1562
01:24:35.000 --> 01:24:38.359
<v Speaker 1>those things to blow up your money. If you can

1563
01:24:38.479 --> 01:24:40.399
<v Speaker 1>wait and the thing will become nothing.

1564
01:24:41.039 --> 01:24:41.880
<v Speaker 2>So it's speculation.

1565
01:24:42.039 --> 01:24:44.279
<v Speaker 1>You're not gonna take that money and say, oh, in

1566
01:24:44.359 --> 01:24:45.720
<v Speaker 1>two to three years I want to go back and

1567
01:24:45.800 --> 01:24:47.039
<v Speaker 1>pay up my bank in the US.

1568
01:24:47.119 --> 01:24:48.159
<v Speaker 2>It's not gonna work for you that.

1569
01:24:48.199 --> 01:24:52.000
<v Speaker 6>Way, thank you.

1570
01:24:52.359 --> 01:24:57.560
<v Speaker 19>All right, Securities around to realist this, particularies in Nigeria,

1571
01:24:58.079 --> 01:25:02.279
<v Speaker 19>they are not as secured as with think from everywhere.

1572
01:25:02.600 --> 01:25:03.920
<v Speaker 2>There are many ways to investors.

1573
01:25:03.960 --> 01:25:05.920
<v Speaker 3>You know, when we start up, we talked about investing

1574
01:25:06.039 --> 01:25:09.600
<v Speaker 3>the paper itself Like I said, the fault highest pain

1575
01:25:09.840 --> 01:25:13.119
<v Speaker 3>dividends or paper in Nigeria is relative investment trust.

1576
01:25:13.279 --> 01:25:15.479
<v Speaker 2>I think I set off with that. So relatid is

1577
01:25:15.479 --> 01:25:17.880
<v Speaker 2>a very very wide opportunity.

1578
01:25:17.920 --> 01:25:20.560
<v Speaker 1>You can invest in the actual building, you can invest

1579
01:25:20.600 --> 01:25:22.680
<v Speaker 1>in the paper, you can invest in the reads, the

1580
01:25:23.439 --> 01:25:26.039
<v Speaker 1>mortgage back security is that many ways to get exploded

1581
01:25:26.079 --> 01:25:28.680
<v Speaker 1>as the class. So it's don't you got to say

1582
01:25:28.680 --> 01:25:31.920
<v Speaker 1>that's just if you live abroad? Is I would say,

1583
01:25:31.920 --> 01:25:33.760
<v Speaker 1>if you're not going to come back to Nigeria, why

1584
01:25:33.840 --> 01:25:36.000
<v Speaker 1>buy the property. You can't inspect it, you can't fix

1585
01:25:36.039 --> 01:25:39.439
<v Speaker 1>the toilets and all that. Buy the trust that then

1586
01:25:39.560 --> 01:25:41.800
<v Speaker 1>invests in that property and then you make it your

1587
01:25:41.880 --> 01:25:45.319
<v Speaker 1>eight percent return. Okay, that's enough for you. It's eight percent, right,

1588
01:25:45.600 --> 01:25:47.920
<v Speaker 1>that's what you're going to take home with. That's your yield.

1589
01:25:47.960 --> 01:25:50.199
<v Speaker 1>You don't have to buy the property to make the

1590
01:25:50.239 --> 01:25:52.640
<v Speaker 1>eight percent. You're not going to be there, Wow, then

1591
01:25:52.800 --> 01:25:54.319
<v Speaker 1>you might. You won't be careful about that.

1592
01:25:54.399 --> 01:25:58.319
<v Speaker 2>That's just that's my take on that. All right, shedy,

1593
01:25:58.520 --> 01:26:00.960
<v Speaker 2>let's get let's get bad day. Not a body will

1594
01:26:01.000 --> 01:26:09.039
<v Speaker 2>get dropped off the yeah realiening everybody, really thanks for

1595
01:26:09.800 --> 01:26:15.720
<v Speaker 2>bringing me up? Yeah, thank you so much study book.

1596
01:26:16.520 --> 01:26:21.640
<v Speaker 37>Agree to yeah, from the previous speaker before this last

1597
01:26:21.680 --> 01:26:24.640
<v Speaker 37>person studible actually answered the question.

1598
01:26:24.920 --> 01:26:29.479
<v Speaker 6>I practiced for real estate in Manchuria and as.

1599
01:26:29.399 --> 01:26:30.640
<v Speaker 10>Well I worked with.

1600
01:26:32.239 --> 01:26:33.720
<v Speaker 2>A commercial consule.

1601
01:26:34.560 --> 01:26:39.439
<v Speaker 37>So from actually what he said about someone pulling this

1602
01:26:40.000 --> 01:26:44.199
<v Speaker 37>phone from a broad Now when we are having stry times,

1603
01:26:45.680 --> 01:26:49.520
<v Speaker 37>our testimonies from my customers have because I actually targeted

1604
01:26:50.800 --> 01:26:52.840
<v Speaker 37>on the US and markets have.

1605
01:26:52.960 --> 01:26:54.960
<v Speaker 2>A lot of customers that invested in real.

1606
01:26:55.000 --> 01:26:57.800
<v Speaker 20>Esday purposes from the United States.

1607
01:26:59.560 --> 01:27:02.159
<v Speaker 2>Advised them for now to.

1608
01:27:03.960 --> 01:27:08.199
<v Speaker 37>Hold on because from the area comp it's actually nothing.

1609
01:27:08.199 --> 01:27:10.680
<v Speaker 2>Based on what the previous steaker said.

1610
01:27:11.760 --> 01:27:16.119
<v Speaker 37>Or something actually worked out to twenty twenty two, twenty

1611
01:27:16.159 --> 01:27:17.279
<v Speaker 37>twenty two October.

1612
01:27:18.079 --> 01:27:20.720
<v Speaker 2>You know, if you are to look at developing area,

1613
01:27:20.920 --> 01:27:22.439
<v Speaker 2>not detailoped area.

1614
01:27:22.680 --> 01:27:25.800
<v Speaker 37>Developed area is expensive when if you are to look

1615
01:27:25.840 --> 01:27:32.760
<v Speaker 37>at developing area. Actually so like seventeen plots at a

1616
01:27:32.920 --> 01:27:37.960
<v Speaker 37>helicop twenty twenty one and I made the series of

1617
01:27:38.760 --> 01:27:39.479
<v Speaker 37>eight pups.

1618
01:27:39.279 --> 01:27:42.239
<v Speaker 2>Of my atment. I saw the pair at five hundred

1619
01:27:43.039 --> 01:27:46.279
<v Speaker 2>a pace a pace a pas eight.

1620
01:27:46.239 --> 01:27:51.880
<v Speaker 37>Million, twelve twenty one million presently. So this year February,

1621
01:27:52.880 --> 01:27:56.039
<v Speaker 37>when my one of my customers with actually no concern

1622
01:27:56.079 --> 01:27:59.680
<v Speaker 37>about the rays. If you don't it both the plot

1623
01:27:59.720 --> 01:28:04.159
<v Speaker 37>of that in bed for six point five two, I'm

1624
01:28:04.199 --> 01:28:08.239
<v Speaker 37>still at a five million because it's scars and I

1625
01:28:08.359 --> 01:28:09.279
<v Speaker 37>told him to go down.

1626
01:28:09.640 --> 01:28:11.560
<v Speaker 2>I understand where the rate is going.

1627
01:28:11.399 --> 01:28:14.119
<v Speaker 37>At because when I changed the way for him, then

1628
01:28:14.159 --> 01:28:17.680
<v Speaker 37>I changed in thousand dollars for six points this point.

1629
01:28:17.600 --> 01:28:20.119
<v Speaker 6>Eight also, but.

1630
01:28:21.920 --> 01:28:22.920
<v Speaker 2>You have a question in this.

1631
01:28:25.079 --> 01:28:25.680
<v Speaker 21>No no, no, no no no.

1632
01:28:25.800 --> 01:28:29.159
<v Speaker 37>I'm just checking into what he said that you feel

1633
01:28:29.279 --> 01:28:33.760
<v Speaker 37>looking at investing in from a broade, you consider the

1634
01:28:33.920 --> 01:28:36.399
<v Speaker 37>developing area, not developed area.

1635
01:28:37.279 --> 01:28:38.479
<v Speaker 6>That's what I want to just to pay.

1636
01:28:39.159 --> 01:28:41.920
<v Speaker 3>Okay, that's a good point out there, and why because

1637
01:28:41.920 --> 01:28:44.319
<v Speaker 3>you're you're able to make a faster.

1638
01:28:45.119 --> 01:28:49.760
<v Speaker 2>Developing area is always cheap. It's always cheap.

1639
01:28:51.039 --> 01:28:55.000
<v Speaker 6>He's always cheap and just capital for the next arm speaker.

1640
01:28:56.359 --> 01:29:00.159
<v Speaker 37>Mortgage mortgage, I said, I work in the bank, and mortgage.

1641
01:28:59.840 --> 01:29:00.880
<v Speaker 2>Is actually working in.

1642
01:29:00.920 --> 01:29:05.079
<v Speaker 6>Anjilia because it takes the bank a.

1643
01:29:05.319 --> 01:29:10.399
<v Speaker 37>Lot of time really a verification, the have your sage

1644
01:29:10.520 --> 01:29:14.960
<v Speaker 37>and everything, then before they completely sage the property without markets.

1645
01:29:15.319 --> 01:29:16.199
<v Speaker 6>It's happens on.

1646
01:29:17.720 --> 01:29:18.359
<v Speaker 2>So quitely.

1647
01:29:18.399 --> 01:29:21.520
<v Speaker 37>Body have any option of from a game, I advise

1648
01:29:21.600 --> 01:29:22.640
<v Speaker 37>you raising on the play of.

1649
01:29:23.079 --> 01:29:30.159
<v Speaker 2>Push everything you're going to then in chocolates, A, B

1650
01:29:30.319 --> 01:29:33.319
<v Speaker 2>and B will be we will think if.

1651
01:29:33.199 --> 01:29:37.039
<v Speaker 37>You don't have anything on it, and if you don't

1652
01:29:37.039 --> 01:29:37.760
<v Speaker 37>have anything.

1653
01:29:37.520 --> 01:29:45.239
<v Speaker 2>Onnaked, it's one. All right, I nephew dropped off. All right,

1654
01:29:45.439 --> 01:29:47.079
<v Speaker 2>but I think that's a good point you made there.

1655
01:29:47.359 --> 01:29:53.039
<v Speaker 1>So let's get all that's a bow Nicolas.

1656
01:29:53.119 --> 01:29:58.079
<v Speaker 2>Let's get nicolas and then we'll get all thanks so long.

1657
01:29:58.159 --> 01:30:03.479
<v Speaker 9>Yeah, yeah, because everyone looks from desire states.

1658
01:30:05.600 --> 01:30:10.600
<v Speaker 5>I just want to sleep in something because I've been listening.

1659
01:30:10.479 --> 01:30:15.199
<v Speaker 10>For the why now and I thank you Sam, mister Cargo.

1660
01:30:15.840 --> 01:30:17.720
<v Speaker 6>As double thank you.

1661
01:30:18.800 --> 01:30:22.760
<v Speaker 2>Please. I want to say something like what brother said

1662
01:30:22.960 --> 01:30:23.199
<v Speaker 2>just now.

1663
01:30:24.199 --> 01:30:28.039
<v Speaker 9>If you are doing anything concerning it's to me or

1664
01:30:28.119 --> 01:30:31.000
<v Speaker 9>it's just the world of my own opinion of concerning

1665
01:30:31.119 --> 01:30:34.319
<v Speaker 9>this situationalistic if you're doing anything.

1666
01:30:34.000 --> 01:30:37.159
<v Speaker 2>In real estate, you should consider the area.

1667
01:30:37.199 --> 01:30:39.439
<v Speaker 10>The place where you are, where you're.

1668
01:30:39.319 --> 01:30:42.800
<v Speaker 2>Putting your money in his land, if his guilty, it

1669
01:30:42.960 --> 01:30:45.079
<v Speaker 2>is your whole day where you're putting that money.

1670
01:30:45.079 --> 01:30:48.199
<v Speaker 6>You consider is what does these people need?

1671
01:30:48.680 --> 01:30:51.560
<v Speaker 2>What's first selling day? Reddy? As I'm talking to.

1672
01:30:51.600 --> 01:30:53.399
<v Speaker 6>You now, what the projects we're doing?

1673
01:30:54.000 --> 01:30:57.079
<v Speaker 23>Like I work with Dilan because as in Legos and

1674
01:30:57.720 --> 01:31:01.359
<v Speaker 23>I mean desire rights now working with news that's limited presently.

1675
01:31:01.880 --> 01:31:05.119
<v Speaker 2>And the thing is the area we're working on that

1676
01:31:05.359 --> 01:31:08.800
<v Speaker 2>they're selling that place is first development by seventeen percent

1677
01:31:08.960 --> 01:31:12.439
<v Speaker 2>of the money you're use in buying any land, like

1678
01:31:12.680 --> 01:31:13.960
<v Speaker 2>every month or.

1679
01:31:14.199 --> 01:31:16.840
<v Speaker 9>Even if I can say like two three weeks, if

1680
01:31:16.880 --> 01:31:19.000
<v Speaker 9>you buy a PRONTC land for several.

1681
01:31:18.760 --> 01:31:22.079
<v Speaker 20>Million, life now I took play with I'm getting.

1682
01:31:21.920 --> 01:31:26.760
<v Speaker 2>Under a buyer for twenty twenty five million. So my

1683
01:31:26.880 --> 01:31:30.199
<v Speaker 2>own opinion in disol thing is you have to.

1684
01:31:30.279 --> 01:31:33.199
<v Speaker 37>Look at the area, the areas you're buying from, and

1685
01:31:33.439 --> 01:31:35.159
<v Speaker 37>how is the area fast?

1686
01:31:35.239 --> 01:31:38.399
<v Speaker 9>And are the trading there? Are people coming to the

1687
01:31:38.479 --> 01:31:43.600
<v Speaker 9>develop first? Are people coming to get property the area before?

1688
01:31:43.680 --> 01:31:45.119
<v Speaker 2>Now? Are people see coming?

1689
01:31:45.239 --> 01:31:47.520
<v Speaker 9>You have to make those verifications before you put your

1690
01:31:47.600 --> 01:31:49.520
<v Speaker 9>money in any other property.

1691
01:31:50.279 --> 01:31:53.039
<v Speaker 6>We may be the next investment when it goes to rare.

1692
01:31:53.119 --> 01:31:54.760
<v Speaker 6>Essays thank you sir.

1693
01:31:55.600 --> 01:31:58.199
<v Speaker 1>All right, let me just really ask you this question

1694
01:31:58.239 --> 01:32:00.720
<v Speaker 1>before we use we're on the on the lee went

1695
01:32:00.760 --> 01:32:04.479
<v Speaker 1>out to cover the space. Let's talk about titling. So

1696
01:32:04.680 --> 01:32:07.720
<v Speaker 1>let's talk about titling. You know I'm a bit familiar

1697
01:32:07.800 --> 01:32:11.479
<v Speaker 1>with and maybe walk us through what are the best

1698
01:32:11.600 --> 01:32:13.760
<v Speaker 1>practice doesn't have to be legals perceive, but what are

1699
01:32:13.800 --> 01:32:16.000
<v Speaker 1>the best practices for Thailand.

1700
01:32:16.039 --> 01:32:19.199
<v Speaker 2>I know Oly had asked that question. What should we

1701
01:32:19.319 --> 01:32:21.359
<v Speaker 2>look out for? We have to have a lawyer.

1702
01:32:21.640 --> 01:32:23.880
<v Speaker 3>If you want to buy land. You see your whole

1703
01:32:24.000 --> 01:32:27.960
<v Speaker 3>still supreme. What would you advise, I don't live in Nigeria,

1704
01:32:28.520 --> 01:32:29.560
<v Speaker 3>how do I do it?

1705
01:32:29.880 --> 01:32:31.880
<v Speaker 1>Just walk us through best practice for those listening or

1706
01:32:31.920 --> 01:32:33.319
<v Speaker 1>how to buy property in Nigeria.

1707
01:32:34.640 --> 01:32:44.239
<v Speaker 2>Okay, yeah, So.

1708
01:32:46.399 --> 01:32:46.960
<v Speaker 10>When you want to.

1709
01:32:46.960 --> 01:32:47.720
<v Speaker 6>Buy property, and.

1710
01:32:50.920 --> 01:32:56.760
<v Speaker 9>I would say, use professionals, okay, in professial.

1711
01:32:56.439 --> 01:32:59.399
<v Speaker 6>Agents, use profession legal.

1712
01:32:59.199 --> 01:33:03.960
<v Speaker 9>Person to do your due diligence and said is now

1713
01:33:04.560 --> 01:33:09.960
<v Speaker 9>when it comes to buying properties, your initia finding most

1714
01:33:10.119 --> 01:33:14.720
<v Speaker 9>sought out to madior things regardless of the state of

1715
01:33:14.880 --> 01:33:18.199
<v Speaker 9>the title of the property, whether it's perfected or not,

1716
01:33:19.119 --> 01:33:26.439
<v Speaker 9>you must check. So your General of the States by

1717
01:33:26.840 --> 01:33:31.880
<v Speaker 9>going physically to the land to pick co adience and chatting.

1718
01:33:32.000 --> 01:33:34.920
<v Speaker 6>Is your General's office a lands of.

1719
01:33:34.960 --> 01:33:36.159
<v Speaker 10>Your can help you do this.

1720
01:33:36.279 --> 01:33:37.560
<v Speaker 6>It's the loss of your.

1721
01:33:39.000 --> 01:33:39.560
<v Speaker 10>No notice.

1722
01:33:39.600 --> 01:33:41.000
<v Speaker 6>The status of the land.

1723
01:33:42.760 --> 01:33:47.319
<v Speaker 9>Land in Nigeria are usually existing at four categories.

1724
01:33:48.000 --> 01:33:52.399
<v Speaker 2>Okay, one particular category you should.

1725
01:33:52.199 --> 01:33:56.119
<v Speaker 6>Not touch you with a long pole. The other three

1726
01:33:56.239 --> 01:33:57.159
<v Speaker 6>you can talk about.

1727
01:33:57.159 --> 01:34:00.880
<v Speaker 9>You have to understand implications in terms of course, so

1728
01:34:01.800 --> 01:34:05.079
<v Speaker 9>a land can be free in terms of status because

1729
01:34:05.159 --> 01:34:10.199
<v Speaker 9>by the low government land using Nigeria is nineteen seventy

1730
01:34:10.520 --> 01:34:14.760
<v Speaker 9>land user right. Every land in the Oba area of

1731
01:34:14.920 --> 01:34:19.039
<v Speaker 9>the state is put in trust of the government.

1732
01:34:20.159 --> 01:34:24.560
<v Speaker 2>And of the suburban jur area is putting trust of

1733
01:34:25.000 --> 01:34:28.000
<v Speaker 2>German of the local government council. Okay.

1734
01:34:28.880 --> 01:34:31.399
<v Speaker 6>Lego State, for example, does not have.

1735
01:34:31.800 --> 01:34:34.600
<v Speaker 2>Any rural area anymore.

1736
01:34:34.800 --> 01:34:38.560
<v Speaker 9>I decition every area in Lego stages of bad so

1737
01:34:38.800 --> 01:34:42.520
<v Speaker 9>no local gov Jama can sign and C for a

1738
01:34:42.680 --> 01:34:47.960
<v Speaker 9>tap for me Legos. That is silly fights between c

1739
01:34:48.640 --> 01:34:49.520
<v Speaker 9>and Dama.

1740
01:34:50.800 --> 01:34:51.720
<v Speaker 6>So millias.

1741
01:34:51.840 --> 01:34:56.079
<v Speaker 9>But I think it's it's almost taken about you, Loue.

1742
01:34:56.399 --> 01:35:00.560
<v Speaker 9>So the others in a Ja, I think it some

1743
01:35:00.800 --> 01:35:05.439
<v Speaker 9>places we have local government chairman has still santages.

1744
01:35:04.760 --> 01:35:07.199
<v Speaker 2>For you if it is you are in the states,

1745
01:35:07.840 --> 01:35:11.199
<v Speaker 2>so you check with some of your General's office okay

1746
01:35:12.039 --> 01:35:13.479
<v Speaker 2>or the local government of the.

1747
01:35:13.560 --> 01:35:20.079
<v Speaker 9>State, whereas in charge of the area to charge what they.

1748
01:35:18.680 --> 01:35:21.279
<v Speaker 6>Can be free made of freeze.

1749
01:35:21.319 --> 01:35:25.880
<v Speaker 9>A government has munched any interest in the land okay.

1750
01:35:26.159 --> 01:35:31.800
<v Speaker 9>So it's free from any governments from any coogans okay.

1751
01:35:32.760 --> 01:35:41.199
<v Speaker 9>Or it is acquired when the land is acquired and

1752
01:35:41.479 --> 01:35:43.760
<v Speaker 9>as you know, I would advise that you don't touch,

1753
01:35:44.239 --> 01:35:45.039
<v Speaker 9>and sage.

1754
01:35:45.239 --> 01:35:49.680
<v Speaker 2>You have powers touching.

1755
01:35:50.319 --> 01:35:55.640
<v Speaker 9>Acquisition are two food the general acquisition or specific acquisitions

1756
01:35:55.840 --> 01:36:01.439
<v Speaker 9>or some places you say it's committed acquisition or law committed. Okay,

1757
01:36:02.079 --> 01:36:07.479
<v Speaker 9>so check with well specifical general or commutent and committed.

1758
01:36:07.640 --> 01:36:10.119
<v Speaker 6>I don't advise touch it as sex.

1759
01:36:10.439 --> 01:36:13.039
<v Speaker 10>You are so clear that this is something you can get.

1760
01:36:12.960 --> 01:36:16.359
<v Speaker 2>To be released. Okay. So that's that's why you don't

1761
01:36:16.359 --> 01:36:16.720
<v Speaker 2>touch that.

1762
01:36:17.000 --> 01:36:18.000
<v Speaker 5>The lad could be that.

1763
01:36:18.880 --> 01:36:20.399
<v Speaker 6>It is ratifiable.

1764
01:36:21.399 --> 01:36:25.159
<v Speaker 9>Ratifiable means that it's being committed okay.

1765
01:36:25.680 --> 01:36:29.840
<v Speaker 2>But government has also issue a communication maybe to.

1766
01:36:29.920 --> 01:36:31.680
<v Speaker 10>Say that you know what we used, I want to

1767
01:36:31.800 --> 01:36:35.239
<v Speaker 10>use or we are no longer interested using, so we.

1768
01:36:35.279 --> 01:36:40.159
<v Speaker 6>Are open to you know, like defined for any private use.

1769
01:36:41.119 --> 01:36:44.159
<v Speaker 2>So that's the type of LaRue saying by to actually buy.

1770
01:36:44.119 --> 01:36:46.359
<v Speaker 5>From the land of the family and then you buy

1771
01:36:46.439 --> 01:36:47.520
<v Speaker 5>from government, it.

1772
01:36:47.600 --> 01:36:52.039
<v Speaker 9>Just means that you would play some reasonable amount. I

1773
01:36:52.159 --> 01:36:55.239
<v Speaker 9>will go through some permission with government as.

1774
01:36:55.079 --> 01:36:57.039
<v Speaker 5>Well to give to something that land and to be

1775
01:36:57.119 --> 01:36:57.479
<v Speaker 5>able to do.

1776
01:36:57.600 --> 01:36:58.439
<v Speaker 6>Your attacked money.

1777
01:36:58.760 --> 01:36:59.039
<v Speaker 2>Okay.

1778
01:36:59.600 --> 01:37:02.800
<v Speaker 6>Then if fourth from his way, it is exercised.

1779
01:37:03.239 --> 01:37:04.720
<v Speaker 2>Exercise means that it's.

1780
01:37:05.000 --> 01:37:09.520
<v Speaker 9>Formally acquired before but now releasts back usually to the

1781
01:37:09.600 --> 01:37:11.039
<v Speaker 9>people it was acquired from.

1782
01:37:11.800 --> 01:37:13.560
<v Speaker 6>Maybe you can trade it, so use it.

1783
01:37:13.720 --> 01:37:14.119
<v Speaker 10>It can.

1784
01:37:16.840 --> 01:37:20.079
<v Speaker 6>Just added four years now. That is one aspect.

1785
01:37:20.239 --> 01:37:23.960
<v Speaker 9>You check these stages, and with the same coordinacy you

1786
01:37:24.079 --> 01:37:27.520
<v Speaker 9>also go to the physical planet of the states and

1787
01:37:27.880 --> 01:37:31.239
<v Speaker 9>check the use you can put the land to most

1788
01:37:31.319 --> 01:37:34.319
<v Speaker 9>seasons as you are now hard body called master plan

1789
01:37:34.600 --> 01:37:38.439
<v Speaker 9>every land, every inch of land in most states.

1790
01:37:38.640 --> 01:37:41.840
<v Speaker 6>I know if legos are bulger part of what our

1791
01:37:41.960 --> 01:37:42.920
<v Speaker 6>called carder.

1792
01:37:43.479 --> 01:37:47.800
<v Speaker 2>You know whose states these places have some master plans

1793
01:37:48.520 --> 01:37:51.119
<v Speaker 2>almost entirely master plans exiety.

1794
01:37:51.560 --> 01:37:54.479
<v Speaker 6>So you check in the physical office.

1795
01:37:54.560 --> 01:37:57.319
<v Speaker 9>What use can I put these lambs that used had

1796
01:37:57.399 --> 01:37:59.640
<v Speaker 9>to agree with you used your plan to put it.

1797
01:38:00.640 --> 01:38:03.640
<v Speaker 9>For example, if you're applying to doing the residential construction

1798
01:38:04.079 --> 01:38:08.039
<v Speaker 9>development there, it must be that it's either available for

1799
01:38:08.199 --> 01:38:11.239
<v Speaker 9>mixed use or especially for resignation, and then you can

1800
01:38:11.479 --> 01:38:13.880
<v Speaker 9>use it for apples. If you say it is an

1801
01:38:13.920 --> 01:38:18.439
<v Speaker 9>interestodents's recreation, you can't use it for your resilation except

1802
01:38:18.640 --> 01:38:22.039
<v Speaker 9>you are then able to do what they call change

1803
01:38:22.119 --> 01:38:28.439
<v Speaker 9>of use, which we have advocacy through ours are not

1804
01:38:28.560 --> 01:38:29.520
<v Speaker 9>through physicalties.

1805
01:38:29.840 --> 01:38:32.439
<v Speaker 6>You must find out before you take that risk. If

1806
01:38:32.479 --> 01:38:33.199
<v Speaker 6>it is something that.

1807
01:38:33.319 --> 01:38:34.760
<v Speaker 2>Is possible, you can have the.

1808
01:38:34.920 --> 01:38:39.760
<v Speaker 9>Juice changed, okay, the designated juice change towards we want

1809
01:38:39.840 --> 01:38:42.920
<v Speaker 9>to use it for so that those are the fundamental

1810
01:38:43.399 --> 01:38:46.920
<v Speaker 9>Then before you as start to do dig the source.

1811
01:38:46.760 --> 01:38:49.880
<v Speaker 6>That you're buying from legitimates.

1812
01:38:50.119 --> 01:38:54.600
<v Speaker 2>No, that is better done by professional agents.

1813
01:38:56.359 --> 01:39:00.079
<v Speaker 6>Or agents or a lawyer diagnosis only it's okay, do

1814
01:39:00.239 --> 01:39:01.720
<v Speaker 6>dig diligence, inspect the.

1815
01:39:01.800 --> 01:39:03.720
<v Speaker 5>Side to go back there and make findings.

1816
01:39:04.159 --> 01:39:07.640
<v Speaker 9>And then also the former lony called legle sage okay,

1817
01:39:08.079 --> 01:39:10.319
<v Speaker 9>through last Bureau of the States.

1818
01:39:10.840 --> 01:39:13.680
<v Speaker 6>We write whatever titles on the land, we write to

1819
01:39:13.880 --> 01:39:14.479
<v Speaker 6>verifind it.

1820
01:39:14.960 --> 01:39:16.760
<v Speaker 10>We there has no titles on the line in this

1821
01:39:16.960 --> 01:39:19.079
<v Speaker 10>free and there's not the enterty I.

1822
01:39:19.159 --> 01:39:25.000
<v Speaker 9>Think customized Londoners indigenous. You get there, you get the

1823
01:39:25.880 --> 01:39:29.680
<v Speaker 9>information you have given principal members of the family.

1824
01:39:29.479 --> 01:39:30.479
<v Speaker 6>In the head of the family.

1825
01:39:30.520 --> 01:39:33.039
<v Speaker 9>And the secondly are very important that you also incomplete

1826
01:39:33.079 --> 01:39:34.439
<v Speaker 9>as many people as possible with.

1827
01:39:34.479 --> 01:39:38.159
<v Speaker 6>The family which you are you can hold so that every.

1828
01:39:38.039 --> 01:39:43.119
<v Speaker 9>Generational persons who are publimed with young generation as a true.

1829
01:39:43.439 --> 01:39:46.199
<v Speaker 10>But in all of this it's good to have knowledge

1830
01:39:46.279 --> 01:39:46.920
<v Speaker 10>or what is to be.

1831
01:39:47.000 --> 01:39:50.359
<v Speaker 6>Done, but the best will be used professionals.

1832
01:39:50.399 --> 01:39:52.640
<v Speaker 2>And when I say this professionalis the people I advice

1833
01:39:52.720 --> 01:39:56.439
<v Speaker 2>you to use our people who are who have subscribed

1834
01:39:56.479 --> 01:39:59.239
<v Speaker 2>to some good of ethics in their professional social and

1835
01:39:59.399 --> 01:40:02.239
<v Speaker 2>having place can progam should anything happen.

1836
01:40:03.279 --> 01:40:06.000
<v Speaker 9>People the essence of yours bidelas or agents that are

1837
01:40:06.119 --> 01:40:11.840
<v Speaker 9>registered proparts and the most l civil agency.

1838
01:40:11.479 --> 01:40:13.199
<v Speaker 6>Point in the gas a year.

1839
01:40:14.560 --> 01:40:16.600
<v Speaker 2>As a serial basis egentes of Nigeria.

1840
01:40:17.039 --> 01:40:17.399
<v Speaker 16>They are.

1841
01:40:19.279 --> 01:40:22.520
<v Speaker 2>Blas and then lawyers and of course like you're.

1842
01:40:22.319 --> 01:40:25.560
<v Speaker 9>A bus you know you have to verify these people.

1843
01:40:25.920 --> 01:40:29.079
<v Speaker 9>You are dining planner, I mean interplasures registered.

1844
01:40:29.119 --> 01:40:30.600
<v Speaker 2>You are dealing in the lands of your measure.

1845
01:40:30.840 --> 01:40:34.439
<v Speaker 9>Understand, all of these people have their associations that a

1846
01:40:34.920 --> 01:40:35.800
<v Speaker 9>liecis band.

1847
01:40:35.680 --> 01:40:38.680
<v Speaker 5>Law okay, and you can report anyone.

1848
01:40:39.399 --> 01:40:44.199
<v Speaker 9>By any professional gearab okay. So that's what I would advise. Now,

1849
01:40:44.520 --> 01:40:50.079
<v Speaker 9>cr foos as no new can vilance that doesn't even

1850
01:40:50.159 --> 01:40:53.640
<v Speaker 9>have advertised yet, but the most of that starts are

1851
01:40:53.720 --> 01:40:54.479
<v Speaker 9>getting issue.

1852
01:40:55.159 --> 01:40:57.920
<v Speaker 10>You will find out whether these things is usual ENTI

1853
01:40:58.039 --> 01:40:59.359
<v Speaker 10>to out.

1854
01:41:00.720 --> 01:41:03.279
<v Speaker 2>How much it costs and whether you are ready for

1855
01:41:03.439 --> 01:41:06.239
<v Speaker 2>baking you know or if you can't say that.

1856
01:41:09.640 --> 01:41:12.800
<v Speaker 5>As some time to go enjoy ready to enjoy it.

1857
01:41:12.880 --> 01:41:17.920
<v Speaker 9>Maybe CRHO maybe even that's fast yours.

1858
01:41:17.000 --> 01:41:20.000
<v Speaker 10>Another somewhere that your needs or whatever.

1859
01:41:20.119 --> 01:41:25.039
<v Speaker 2>It's constructed and search for that in that view. In

1860
01:41:25.159 --> 01:41:30.800
<v Speaker 2>terms of distinct I would claimed I can assi, no,

1861
01:41:31.079 --> 01:41:31.479
<v Speaker 2>I hear you.

1862
01:41:31.600 --> 01:41:33.439
<v Speaker 1>I mean what I got from this was number one.

1863
01:41:33.520 --> 01:41:36.319
<v Speaker 1>Try to work with professionals. Number two, see your food,

1864
01:41:36.439 --> 01:41:38.680
<v Speaker 1>no circles, science the head. You say, search for the

1865
01:41:38.880 --> 01:41:41.479
<v Speaker 1>use of the land if you have been avoided or

1866
01:41:41.560 --> 01:41:45.039
<v Speaker 1>if you're still ongoing. But for me, if you live abroad,

1867
01:41:45.199 --> 01:41:47.960
<v Speaker 1>get a lawyer, get on and knows what he is doing.

1868
01:41:48.319 --> 01:41:50.600
<v Speaker 1>You know, in lots of persons legos you buy from

1869
01:41:50.640 --> 01:41:54.600
<v Speaker 1>the family, they have to go to the legosy allowncer

1870
01:41:55.079 --> 01:41:58.359
<v Speaker 1>to perfect your land. Same in other states you buy

1871
01:41:58.520 --> 01:42:01.560
<v Speaker 1>from family, you gont perfect X and CFO. I would

1872
01:42:01.640 --> 01:42:05.239
<v Speaker 1>just say default to be professional. That way they know

1873
01:42:05.399 --> 01:42:07.199
<v Speaker 1>what they're doing, and I think it's instort of like

1874
01:42:09.039 --> 01:42:11.960
<v Speaker 1>hy part of him. And then testing love just gets

1875
01:42:12.000 --> 01:42:15.399
<v Speaker 1>two questions from Allah and the hotel and we'll cost

1876
01:42:15.439 --> 01:42:19.560
<v Speaker 1>to day if you don't mind, so all and yeah, all,

1877
01:42:19.640 --> 01:42:21.000
<v Speaker 1>I go for it, and now get tell me.

1878
01:42:23.960 --> 01:42:25.159
<v Speaker 2>I'm doing very well. So thank you.

1879
01:42:26.199 --> 01:42:30.239
<v Speaker 38>Okay, sir, grouping and everyone, what's the times for your time?

1880
01:42:30.359 --> 01:42:30.640
<v Speaker 6>Again?

1881
01:42:30.720 --> 01:42:34.079
<v Speaker 38>Listening right from the inception? Good question for you, sir,

1882
01:42:34.279 --> 01:42:38.720
<v Speaker 38>and in regarding this time, but I want you to

1883
01:42:38.880 --> 01:42:40.840
<v Speaker 38>listen to my question, sir.

1884
01:42:41.840 --> 01:42:45.760
<v Speaker 6>I'm to acquire a land. And then we did the research.

1885
01:42:47.039 --> 01:42:52.319
<v Speaker 9>And we were putting the SOBIA and everything and because

1886
01:42:52.439 --> 01:42:54.399
<v Speaker 9>red copy from the office of the.

1887
01:42:54.479 --> 01:42:57.359
<v Speaker 2>SOB genera legal state and it says the land is

1888
01:42:57.399 --> 01:43:04.039
<v Speaker 2>free years okay, go ahead, okay, and they said the

1889
01:43:04.119 --> 01:43:04.479
<v Speaker 2>land is.

1890
01:43:04.520 --> 01:43:08.560
<v Speaker 5>Crea Before I go for that, one question one quick

1891
01:43:08.600 --> 01:43:09.199
<v Speaker 5>one yes or no?

1892
01:43:10.000 --> 01:43:12.239
<v Speaker 36>If the land is committed or the land is not free,

1893
01:43:13.319 --> 01:43:15.000
<v Speaker 36>can you see a record, your dallar.

1894
01:43:18.960 --> 01:43:22.079
<v Speaker 6>So there are complications.

1895
01:43:23.760 --> 01:43:26.000
<v Speaker 5>The person you are doing that word they are keeping

1896
01:43:26.039 --> 01:43:27.239
<v Speaker 5>you with that.

1897
01:43:30.600 --> 01:43:32.840
<v Speaker 6>How do you missa okay?

1898
01:43:33.640 --> 01:43:37.680
<v Speaker 2>So when the land is not free, that's a date

1899
01:43:38.000 --> 01:43:40.039
<v Speaker 2>from which he started not to be free.

1900
01:43:42.079 --> 01:43:46.520
<v Speaker 9>Somebody wants to be funded can do it so bad

1901
01:43:46.640 --> 01:43:51.720
<v Speaker 9>dated before that did slotting into the records. You know

1902
01:43:51.880 --> 01:43:54.800
<v Speaker 9>how that can happen an engineer, and they give you

1903
01:43:54.920 --> 01:43:57.000
<v Speaker 9>that document, if you use that to go and do

1904
01:43:57.119 --> 01:44:01.319
<v Speaker 9>your search, they're gonna tell you also because he also.

1905
01:44:01.760 --> 01:44:03.479
<v Speaker 10>There is free.

1906
01:44:05.880 --> 01:44:06.520
<v Speaker 2>It is not free.

1907
01:44:06.720 --> 01:44:07.920
<v Speaker 10>So that's right, like we.

1908
01:44:08.000 --> 01:44:15.359
<v Speaker 2>Said, useful chance it and the places where we can

1909
01:44:15.560 --> 01:44:23.279
<v Speaker 2>check the statures of the land calling not the lads

1910
01:44:23.560 --> 01:44:26.640
<v Speaker 2>read some pieces our.

1911
01:44:26.760 --> 01:44:28.520
<v Speaker 10>Part to what I was saying, thanks for that.

1912
01:44:29.199 --> 01:44:33.840
<v Speaker 2>So when this land was a potase, I, I guess

1913
01:44:34.960 --> 01:44:36.199
<v Speaker 2>Servio to do this.

1914
01:44:36.319 --> 01:44:38.199
<v Speaker 36>Check for me, and they said it was free, and

1915
01:44:38.319 --> 01:44:40.520
<v Speaker 36>then again sob and then the red copy yourself and

1916
01:44:40.640 --> 01:44:41.279
<v Speaker 36>said it was free.

1917
01:44:41.680 --> 01:44:43.840
<v Speaker 2>It was this was doing Covie twenty twenty.

1918
01:44:44.399 --> 01:44:48.279
<v Speaker 36>Now, first forward to four years, the coastal root, this

1919
01:44:48.439 --> 01:44:49.760
<v Speaker 36>coastal wood used to came up.

1920
01:44:50.880 --> 01:44:52.239
<v Speaker 6>Does this see it match? I think?

1921
01:44:53.079 --> 01:44:55.920
<v Speaker 2>And then they came to the community, the community it's

1922
01:44:55.960 --> 01:44:58.359
<v Speaker 2>going on c for as well. Now we came to

1923
01:44:58.399 --> 01:45:00.840
<v Speaker 2>the community and they start marking I have to go

1924
01:45:01.000 --> 01:45:01.600
<v Speaker 2>for this row.

1925
01:45:02.319 --> 01:45:06.279
<v Speaker 36>Fortunately for me, my party wasn't marked and the often

1926
01:45:06.399 --> 01:45:08.239
<v Speaker 36>is just gonna go pass through and all of that.

1927
01:45:09.039 --> 01:45:11.239
<v Speaker 9>And then I wanted to go in for my approver

1928
01:45:11.520 --> 01:45:14.239
<v Speaker 9>and someone that got nor consent because it's got a

1929
01:45:14.239 --> 01:45:16.920
<v Speaker 9>c B and all that, and then went back.

1930
01:45:17.039 --> 01:45:18.479
<v Speaker 2>A mistake on my sory.

1931
01:45:18.960 --> 01:45:20.880
<v Speaker 36>So we went back to lentify the names on my

1932
01:45:21.079 --> 01:45:23.119
<v Speaker 36>soul because I've made a mistake or if I.

1933
01:45:23.119 --> 01:45:25.960
<v Speaker 6>Want to go back. And then now kere the copy back?

1934
01:45:26.000 --> 01:45:28.800
<v Speaker 36>They read copyback and no, the study Landforce with a

1935
01:45:28.920 --> 01:45:30.319
<v Speaker 36>lucky acquisition.

1936
01:45:31.960 --> 01:45:32.239
<v Speaker 6>M hm.

1937
01:45:33.199 --> 01:45:36.760
<v Speaker 2>So it goes from the sorry is that the question

1938
01:45:36.960 --> 01:45:37.600
<v Speaker 2>put to them was.

1939
01:45:38.119 --> 01:45:42.119
<v Speaker 1>Okay, okay, color let me say this right, take the boss,

1940
01:45:42.199 --> 01:45:43.199
<v Speaker 1>d L or something.

1941
01:45:43.239 --> 01:45:43.399
<v Speaker 2>I know.

1942
01:45:44.680 --> 01:45:46.840
<v Speaker 1>Yes, I'm learning from all your questions, and I think

1943
01:45:46.880 --> 01:45:49.720
<v Speaker 1>that was the qualification of that first question. But now

1944
01:45:49.760 --> 01:45:51.760
<v Speaker 1>when you go too deep, it's you know, so I

1945
01:45:51.840 --> 01:45:53.119
<v Speaker 1>want you to take the boss information.

1946
01:45:53.199 --> 01:45:53.840
<v Speaker 2>If you don't have the.

1947
01:45:53.920 --> 01:45:55.439
<v Speaker 1>DM me, I'll make sure I got you with it.

1948
01:45:55.560 --> 01:45:57.479
<v Speaker 1>But I think I learned from the first one. I

1949
01:45:57.520 --> 01:45:59.560
<v Speaker 1>think I have a very interesting case. You want to

1950
01:45:59.640 --> 01:46:02.760
<v Speaker 1>follow the lawyer or we Dable with professional right, I

1951
01:46:02.800 --> 01:46:06.640
<v Speaker 1>don't have the country of I think your your your consensor, Jamie,

1952
01:46:06.640 --> 01:46:08.159
<v Speaker 1>but I want you to take it up with them

1953
01:46:08.199 --> 01:46:12.479
<v Speaker 1>with Dable after this, or let's have a specific question.

1954
01:46:12.520 --> 01:46:14.479
<v Speaker 1>I mean the first question you're asking that was very

1955
01:46:14.520 --> 01:46:16.000
<v Speaker 1>generally thic. We let for me, but this is now

1956
01:46:16.399 --> 01:46:18.079
<v Speaker 1>more pecular to you. I want to do a flop

1957
01:46:18.119 --> 01:46:21.279
<v Speaker 1>with him after this. Yeah, if you can devil DM,

1958
01:46:21.520 --> 01:46:25.000
<v Speaker 1>I'm sure him all right, And then let's get a

1959
01:46:25.119 --> 01:46:26.720
<v Speaker 1>tell hotel is going to be last, and then we

1960
01:46:26.880 --> 01:46:29.039
<v Speaker 1>just got I've kept I kept the money here. I

1961
01:46:29.039 --> 01:46:31.439
<v Speaker 1>don't know if he has to go to something, I'll

1962
01:46:31.479 --> 01:46:33.920
<v Speaker 1>tell you've got the floor. Last, last guy, go ahead.

1963
01:46:35.399 --> 01:46:38.359
<v Speaker 6>All thank you very much for this platform.

1964
01:46:39.239 --> 01:46:43.079
<v Speaker 39>My question is around I think what's holding a lot

1965
01:46:43.119 --> 01:46:47.520
<v Speaker 39>of people back is just how opick land opposition is

1966
01:46:47.600 --> 01:46:54.119
<v Speaker 39>in Nigeria and you know, there's no like straightforward way

1967
01:46:54.199 --> 01:46:54.880
<v Speaker 39>to work about it.

1968
01:46:54.960 --> 01:46:58.119
<v Speaker 40>I mean, if there's anything that kind of speatured our

1969
01:46:58.640 --> 01:47:03.560
<v Speaker 40>capacity is just story from all I hear where you

1970
01:47:03.640 --> 01:47:05.319
<v Speaker 40>know he did the right thing and all of that,

1971
01:47:05.439 --> 01:47:08.880
<v Speaker 40>and it seems like the whole system just kind of

1972
01:47:08.960 --> 01:47:11.560
<v Speaker 40>works in a way where you need to know certain people,

1973
01:47:11.720 --> 01:47:15.159
<v Speaker 40>which like most people don't know because it's not the

1974
01:47:15.920 --> 01:47:19.800
<v Speaker 40>daily job is not like there is like a clear

1975
01:47:20.000 --> 01:47:23.000
<v Speaker 40>guide and somewhere that is, you know, open for someone

1976
01:47:23.159 --> 01:47:25.319
<v Speaker 40>to do to kind of like just check this are

1977
01:47:25.399 --> 01:47:27.560
<v Speaker 40>like the checklist of what you need to do in

1978
01:47:27.760 --> 01:47:32.479
<v Speaker 40>order to to acquire landing, like and and like I

1979
01:47:32.560 --> 01:47:35.119
<v Speaker 40>can't even want to ask the question, like how does

1980
01:47:35.640 --> 01:47:37.920
<v Speaker 40>someone who just wants to do.

1981
01:47:38.000 --> 01:47:42.159
<v Speaker 6>The right thing go about doing it? Like what's the

1982
01:47:43.520 --> 01:47:45.960
<v Speaker 6>like I don't want to say, was the in way?

1983
01:47:46.039 --> 01:47:50.560
<v Speaker 41>But but yeah, like that like the fact that everything

1984
01:47:50.640 --> 01:47:52.640
<v Speaker 41>just seems so munky, Everything just.

1985
01:47:52.680 --> 01:47:55.079
<v Speaker 6>Seems so kind of like he did.

1986
01:47:55.560 --> 01:47:57.640
<v Speaker 2>And if you want to do the right thing.

1987
01:47:57.960 --> 01:48:01.880
<v Speaker 41>Anything you know, it makes it credibly hard here that

1988
01:48:02.000 --> 01:48:06.840
<v Speaker 41>which recite and things that'd be better because here you

1989
01:48:07.000 --> 01:48:10.119
<v Speaker 41>have you know, if if you know, if.

1990
01:48:10.000 --> 01:48:13.119
<v Speaker 42>Your land has like maybe out of or something is

1991
01:48:13.159 --> 01:48:14.199
<v Speaker 42>easy for you to verify.

1992
01:48:14.239 --> 01:48:17.520
<v Speaker 40>I mean, there's still some level of shading that is

1993
01:48:17.560 --> 01:48:21.359
<v Speaker 40>going on, but if you know, it's much much easier.

1994
01:48:21.479 --> 01:48:23.960
<v Speaker 42>But down the state, a lot of these things are

1995
01:48:24.119 --> 01:48:28.159
<v Speaker 42>just the institutions and the structures are just not there.

1996
01:48:28.680 --> 01:48:31.960
<v Speaker 42>And in such a situation, how do you how like

1997
01:48:32.159 --> 01:48:34.319
<v Speaker 42>what what is it the hope that you're going to

1998
01:48:34.399 --> 01:48:36.479
<v Speaker 42>buy this land and at the end of the day,

1999
01:48:36.920 --> 01:48:40.279
<v Speaker 42>the land doesn't just get like grab from you sometimes

2000
01:48:40.600 --> 01:48:43.880
<v Speaker 42>by people who's who are manning.

2001
01:48:43.600 --> 01:48:48.319
<v Speaker 39>The institutions that are supposed to protect your rights to property.

2002
01:48:51.720 --> 01:48:54.000
<v Speaker 1>So if I hear you right there you asked about

2003
01:48:54.439 --> 01:48:56.840
<v Speaker 1>how to do right thing? Or like I think, is

2004
01:48:56.880 --> 01:48:57.560
<v Speaker 1>that what you're doing?

2005
01:48:57.640 --> 01:48:58.039
<v Speaker 2>How do you?

2006
01:48:58.199 --> 01:48:58.600
<v Speaker 10>How do you?

2007
01:48:58.960 --> 01:48:59.279
<v Speaker 2>How do you?

2008
01:48:59.439 --> 01:49:03.000
<v Speaker 40>How do I won't even have clarity because there is

2009
01:49:03.119 --> 01:49:05.159
<v Speaker 40>no clarity when the consolership.

2010
01:49:06.439 --> 01:49:10.199
<v Speaker 9>It's not like it's just not easy if I buy

2011
01:49:10.199 --> 01:49:12.680
<v Speaker 9>account to me and I want to get it registered.

2012
01:49:13.239 --> 01:49:15.159
<v Speaker 9>I mean, there are fair guidelines on how I go

2013
01:49:15.359 --> 01:49:18.760
<v Speaker 9>safting for a company, right, my dealership is not like

2014
01:49:18.840 --> 01:49:22.359
<v Speaker 9>that in Nigeria, Like how do you go about doing

2015
01:49:22.439 --> 01:49:23.000
<v Speaker 9>the right thing?

2016
01:49:23.920 --> 01:49:29.279
<v Speaker 40>Especially in places like lingals for example? You know, like

2017
01:49:30.239 --> 01:49:33.039
<v Speaker 40>what's what's the what's the what's the right best way?

2018
01:49:33.520 --> 01:49:36.680
<v Speaker 40>My rule of tom generally is try to buy properties

2019
01:49:37.199 --> 01:49:41.760
<v Speaker 40>that have mortgage right, because then the banks have all

2020
01:49:41.840 --> 01:49:46.159
<v Speaker 40>the verifications for you. And even if you're not going

2021
01:49:46.239 --> 01:49:49.279
<v Speaker 40>to take the muggage, you can the rest are sure

2022
01:49:49.359 --> 01:49:53.560
<v Speaker 40>that no nobody wants to do money right and so yeah,

2023
01:49:53.760 --> 01:49:55.880
<v Speaker 40>but you know, for a lot of people who maybe

2024
01:49:55.920 --> 01:49:57.960
<v Speaker 40>they just want to buy land, like how what's the

2025
01:49:58.159 --> 01:50:00.880
<v Speaker 40>best way? What's the rule of thumb? I know he

2026
01:50:01.159 --> 01:50:03.600
<v Speaker 40>gave some things that you have to talk to some professionals,

2027
01:50:03.640 --> 01:50:07.600
<v Speaker 40>but you know some of these things like for me,

2028
01:50:07.720 --> 01:50:10.920
<v Speaker 40>for example, I didn't even listen to what he said,

2029
01:50:10.960 --> 01:50:13.359
<v Speaker 40>but immediately it just can sleep by mine. I was

2030
01:50:13.359 --> 01:50:14.159
<v Speaker 40>at writing it down.

2031
01:50:15.000 --> 01:50:18.279
<v Speaker 42>What are those things that one can't do, like easy

2032
01:50:18.319 --> 01:50:19.600
<v Speaker 42>steps that one can't take?

2033
01:50:19.960 --> 01:50:23.239
<v Speaker 2>Just okay, if you are aligned by this right, you

2034
01:50:23.319 --> 01:50:29.239
<v Speaker 2>can't get it wrong? All right? All right? Maybe maybe

2035
01:50:29.319 --> 01:50:30.399
<v Speaker 2>maybe I don't know.

2036
01:50:31.159 --> 01:50:33.159
<v Speaker 1>I would say one or two bullet points would help

2037
01:50:33.199 --> 01:50:35.319
<v Speaker 1>you because like again, the point is making, which we

2038
01:50:35.399 --> 01:50:38.159
<v Speaker 1>all agree with. Land in Nigeria is state specific. If

2039
01:50:38.199 --> 01:50:40.760
<v Speaker 1>you go to Legos or a Puja, it's easier.

2040
01:50:41.359 --> 01:50:42.880
<v Speaker 2>Many states, it's very murky.

2041
01:50:43.399 --> 01:50:44.960
<v Speaker 1>They are no laid out guys that I think the

2042
01:50:45.079 --> 01:50:48.119
<v Speaker 1>enjoy used to track the ease of acquiring property used

2043
01:50:48.119 --> 01:50:49.720
<v Speaker 1>to be something that we used to track. The niegia

2044
01:50:50.119 --> 01:50:52.680
<v Speaker 1>we stopped in twenty is it twenty eighteen when the

2045
01:50:52.720 --> 01:50:55.199
<v Speaker 1>World Bank stopped it? But back then you consistence that

2046
01:50:55.279 --> 01:50:57.399
<v Speaker 1>we're doing very very well in the ease of doing

2047
01:50:57.880 --> 01:51:00.439
<v Speaker 1>illustrate title and still that I want.

2048
01:51:00.279 --> 01:51:01.159
<v Speaker 2>To do it very very well.

2049
01:51:01.479 --> 01:51:03.760
<v Speaker 1>But overall I like one or two blood points that

2050
01:51:03.960 --> 01:51:07.439
<v Speaker 1>you must do before you even go ahead. One or

2051
01:51:07.479 --> 01:51:09.039
<v Speaker 1>two clear blood points for us.

2052
01:51:11.039 --> 01:51:15.000
<v Speaker 9>Okay, thank you very much, And I understand what is

2053
01:51:15.159 --> 01:51:15.960
<v Speaker 9>saying perfectly.

2054
01:51:17.119 --> 01:51:18.960
<v Speaker 6>Unfortunately, I don't we heard much.

2055
01:51:19.199 --> 01:51:19.800
<v Speaker 2>You have to do.

2056
01:51:20.439 --> 01:51:23.720
<v Speaker 6>Use professionals. That's the truth really across it.

2057
01:51:24.359 --> 01:51:28.079
<v Speaker 9>Across places, use professionals. However, I will say one of

2058
01:51:28.159 --> 01:51:33.319
<v Speaker 9>the things. The other thing is that because of the winner.

2059
01:51:33.119 --> 01:51:35.720
<v Speaker 6>He works, like you mentioned to.

2060
01:51:37.479 --> 01:51:41.079
<v Speaker 12>Advise people that when you want to do anything in

2061
01:51:41.239 --> 01:51:46.199
<v Speaker 12>real estate, I've mentioned it decidded three less relad as,

2062
01:51:46.319 --> 01:51:51.279
<v Speaker 12>three ministries or arms of government that you have to touch.

2063
01:51:51.159 --> 01:51:56.960
<v Speaker 9>Based with one the last viewau. Each chi has one

2064
01:51:59.520 --> 01:52:01.000
<v Speaker 9>of your as office.

2065
01:52:01.600 --> 01:52:05.479
<v Speaker 2>Each stage has won the billings to a physical plan.

2066
01:52:06.119 --> 01:52:07.319
<v Speaker 2>Each stage has one.

2067
01:52:08.399 --> 01:52:15.600
<v Speaker 9>Now locate mid level managers in those places. Get them

2068
01:52:15.680 --> 01:52:22.239
<v Speaker 9>into a conversation if possible, engage again, especially if they.

2069
01:52:22.319 --> 01:52:23.319
<v Speaker 6>Have all of them.

2070
01:52:23.840 --> 01:52:24.800
<v Speaker 2>Periods of records.

2071
01:52:24.840 --> 01:52:26.399
<v Speaker 6>All of them more or less.

2072
01:52:26.279 --> 01:52:31.880
<v Speaker 9>Have some ppdi O prince that is registered okay with

2073
01:52:32.079 --> 01:52:34.239
<v Speaker 9>their professional friends.

2074
01:52:34.079 --> 01:52:38.239
<v Speaker 6>Or themselves at the back of it. Most they are professionals.

2075
01:52:38.640 --> 01:52:41.119
<v Speaker 10>Deal with them without their pp.

2076
01:52:41.640 --> 01:52:44.359
<v Speaker 2>To do or to achieve what you achieve.

2077
01:52:45.319 --> 01:52:49.000
<v Speaker 9>Okay, That way it will be a lot easier for

2078
01:52:49.199 --> 01:52:52.439
<v Speaker 9>you to achieve whatever you want to achieve. I sent

2079
01:52:52.600 --> 01:52:57.560
<v Speaker 9>middle level because the high end guy is commissioner pers

2080
01:52:57.720 --> 01:52:58.760
<v Speaker 9>all of those who because you.

2081
01:52:58.880 --> 01:53:01.600
<v Speaker 2>Have any leg and it's just cost.

2082
01:53:01.520 --> 01:53:03.600
<v Speaker 10>For nothing because they're not really going to be working.

2083
01:53:04.239 --> 01:53:06.880
<v Speaker 6>Still, the new level guys have a new job, then the.

2084
01:53:07.119 --> 01:53:08.439
<v Speaker 10>Low head guys, they will.

2085
01:53:08.359 --> 01:53:11.760
<v Speaker 9>Be cheap, but then your job will never get done

2086
01:53:11.800 --> 01:53:14.159
<v Speaker 9>because they have to pack somebody before the job is now.

2087
01:53:14.680 --> 01:53:17.439
<v Speaker 9>But it is the mediu guys that does the job

2088
01:53:17.479 --> 01:53:19.920
<v Speaker 9>for you head guys, and they are also the ones

2089
01:53:20.000 --> 01:53:23.159
<v Speaker 9>that will help the middle the blue head guys.

2090
01:53:23.199 --> 01:53:26.039
<v Speaker 2>So the blue head guys can they are that they

2091
01:53:26.119 --> 01:53:28.880
<v Speaker 2>can call okay and so they can get their way

2092
01:53:29.039 --> 01:53:29.680
<v Speaker 2>and I can.

2093
01:53:29.600 --> 01:53:32.239
<v Speaker 6>Affordable or something more with their buds.

2094
01:53:32.840 --> 01:53:36.039
<v Speaker 9>That's how I would advise that you work, praise right

2095
01:53:36.600 --> 01:53:38.479
<v Speaker 9>and know about these ministries.

2096
01:53:38.640 --> 01:53:42.800
<v Speaker 2>Have information materials. It's just that you know there are

2097
01:53:42.840 --> 01:53:44.880
<v Speaker 2>no wells have related Get.

2098
01:53:44.720 --> 01:53:46.920
<v Speaker 6>To their website may not be updated.

2099
01:53:47.000 --> 01:53:48.880
<v Speaker 9>And am I saying check their website When you go

2100
01:53:48.960 --> 01:53:52.439
<v Speaker 9>to the ministries, get the information materials, you know.

2101
01:53:53.119 --> 01:53:56.880
<v Speaker 2>Read them, connect with somebody there, make fact.

2102
01:53:57.279 --> 01:53:59.399
<v Speaker 6>Do your due to the games were with the.

2103
01:53:59.439 --> 01:54:01.479
<v Speaker 2>Professional outside or.

2104
01:54:01.520 --> 01:54:04.239
<v Speaker 9>Inside You get your operasial side of your accident to

2105
01:54:04.279 --> 01:54:06.359
<v Speaker 9>get somebody who's side to work with.

2106
01:54:07.079 --> 01:54:08.920
<v Speaker 6>When you look at that inside that it's a lot

2107
01:54:09.119 --> 01:54:09.920
<v Speaker 6>easier for you.

2108
01:54:10.520 --> 01:54:12.279
<v Speaker 2>To achieve what you want to achieve.

2109
01:54:12.399 --> 01:54:16.880
<v Speaker 6>That is what I would summarize that in terms of

2110
01:54:17.439 --> 01:54:18.119
<v Speaker 6>what you should do.

2111
01:54:18.640 --> 01:54:21.359
<v Speaker 2>And I hope I think it does. I think it

2112
01:54:21.439 --> 01:54:23.439
<v Speaker 2>does a lot. But so then were I just rounded

2113
01:54:23.520 --> 01:54:28.119
<v Speaker 2>by just take So if I was in Nigerian today

2114
01:54:28.279 --> 01:54:29.640
<v Speaker 2>or not in Nigerian.

2115
01:54:29.399 --> 01:54:31.520
<v Speaker 1>Would you and I'm putting on a spot here, would

2116
01:54:31.560 --> 01:54:35.399
<v Speaker 1>you recommend if I had funds to die? Actually back

2117
01:54:35.439 --> 01:54:38.960
<v Speaker 1>to this question, Actually, go and invest in property. Do

2118
01:54:39.039 --> 01:54:43.359
<v Speaker 1>you think it's there's there's there's a future for that

2119
01:54:43.720 --> 01:54:46.359
<v Speaker 1>owning property with all the cost of doing But you

2120
01:54:46.479 --> 01:54:49.039
<v Speaker 1>still think it's an investment that you do or.

2121
01:54:49.159 --> 01:54:53.680
<v Speaker 2>Else to fix the positive put money there? What's your finals?

2122
01:54:53.720 --> 01:54:54.760
<v Speaker 2>An investment should do.

2123
01:54:59.239 --> 01:55:01.920
<v Speaker 9>A it's also word has.

2124
01:55:03.439 --> 01:55:05.479
<v Speaker 6>Really that's which kind of appreciate it.

2125
01:55:06.279 --> 01:55:08.680
<v Speaker 5>Yes, it's an investment, should realist.

2126
01:55:08.680 --> 01:55:11.119
<v Speaker 2>It should be in anybody's portfolio once you can have fun.

2127
01:55:11.720 --> 01:55:14.720
<v Speaker 9>And I like, if I talk about the red stuff,

2128
01:55:14.760 --> 01:55:16.520
<v Speaker 9>I mean to look at the analysis.

2129
01:55:18.079 --> 01:55:19.159
<v Speaker 6>Capu again.

2130
01:55:20.800 --> 01:55:25.319
<v Speaker 2>Reads, yes, whatever from the private Yeah, it's the higher

2131
01:55:25.319 --> 01:55:26.560
<v Speaker 2>I mean, yeah, it's the highest.

2132
01:55:27.479 --> 01:55:30.359
<v Speaker 10>Yeah, So I tell people I think you can start

2133
01:55:30.399 --> 01:55:31.039
<v Speaker 10>from that point.

2134
01:55:31.279 --> 01:55:34.399
<v Speaker 5>You know, I have a lot of body people more

2135
01:55:34.439 --> 01:55:35.079
<v Speaker 5>than somewhere.

2136
01:55:35.760 --> 01:55:38.640
<v Speaker 9>But you can't bang into a read or he's sad,

2137
01:55:38.840 --> 01:55:40.079
<v Speaker 9>you know, stuffs like I want talk.

2138
01:55:40.960 --> 01:55:42.960
<v Speaker 2>But it's something in realizes is something.

2139
01:55:42.760 --> 01:55:45.680
<v Speaker 6>That you should get no doubt about that absolutely.

2140
01:55:45.920 --> 01:55:49.199
<v Speaker 2>And last question, imagine, I think I'll ask that question

2141
01:55:49.319 --> 01:55:51.319
<v Speaker 2>to you. So what it's talking about? Why can't we

2142
01:55:51.600 --> 01:55:56.840
<v Speaker 2>talkenize this fund reason for a property? Sassy He went

2143
01:55:56.880 --> 01:55:58.960
<v Speaker 2>to a place and he saw that people would get

2144
01:55:59.000 --> 01:56:00.159
<v Speaker 2>a house and.

2145
01:56:00.199 --> 01:56:02.800
<v Speaker 1>It would sell like a rich you sell the tokens

2146
01:56:03.319 --> 01:56:05.520
<v Speaker 1>and when you buy that talken, you own your home.

2147
01:56:06.000 --> 01:56:08.359
<v Speaker 2>You can then fund your home. And all that is

2148
01:56:08.520 --> 01:56:11.039
<v Speaker 2>asking why is that not so widespread in the conflict

2149
01:56:11.119 --> 01:56:13.880
<v Speaker 2>Natia will have high cost of capital? Have you seen

2150
01:56:13.960 --> 01:56:15.880
<v Speaker 2>that is something you think can work?

2151
01:56:17.640 --> 01:56:20.399
<v Speaker 13>Yeah, it is, it is there, but the world this

2152
01:56:20.560 --> 01:56:21.640
<v Speaker 13>is not widespread.

2153
01:56:21.800 --> 01:56:24.279
<v Speaker 6>But I don't think you would talk about it's not

2154
01:56:24.399 --> 01:56:25.079
<v Speaker 6>even spread.

2155
01:56:25.239 --> 01:56:26.399
<v Speaker 2>Don't white.

2156
01:56:29.039 --> 01:56:34.119
<v Speaker 9>Ni Sex just came up with the regulation to approve

2157
01:56:34.239 --> 01:56:37.640
<v Speaker 9>the class from about two years ago, you know, and

2158
01:56:37.760 --> 01:56:40.079
<v Speaker 9>even at that when they came up with this.

2159
01:56:40.199 --> 01:56:43.920
<v Speaker 5>At this time about and it really can't.

2160
01:56:43.720 --> 01:56:44.560
<v Speaker 2>Say up the back head.

2161
01:56:45.079 --> 01:56:51.880
<v Speaker 9>But there's a lot of priority organization as it's also helping.

2162
01:56:52.119 --> 01:56:58.640
<v Speaker 43>Yeah, yes outside of sex as in and some of

2163
01:56:58.760 --> 01:57:02.880
<v Speaker 43>them are very well a nice around so they can export.

2164
01:57:03.039 --> 01:57:04.000
<v Speaker 2>That's the next life.

2165
01:57:05.359 --> 01:57:07.239
<v Speaker 6>That's next that we are exploring how to go.

2166
01:57:07.319 --> 01:57:07.880
<v Speaker 2>To the market.

2167
01:57:08.000 --> 01:57:11.840
<v Speaker 6>Now, I ate and issue and we raised reads.

2168
01:57:11.800 --> 01:57:13.079
<v Speaker 2>You know and stuff.

2169
01:57:13.600 --> 01:57:17.960
<v Speaker 44>I believe that's an opportunity for people about finance and

2170
01:57:18.680 --> 01:57:23.760
<v Speaker 44>structuring the financing and funding and raising a lot of these.

2171
01:57:24.960 --> 01:57:31.000
<v Speaker 2>Take back there the uh metrodologies that we can't then

2172
01:57:31.199 --> 01:57:31.960
<v Speaker 2>use a fly.

2173
01:57:34.319 --> 01:57:37.479
<v Speaker 1>Sometimes out that that we can take advantage of because

2174
01:57:37.479 --> 01:57:39.520
<v Speaker 1>we have all the FinTechs we have about the I mean,

2175
01:57:39.560 --> 01:57:43.159
<v Speaker 1>it's I just feel there's something that is easily pluggable

2176
01:57:43.279 --> 01:57:45.760
<v Speaker 1>if you have we have something called the proper.

2177
01:57:45.560 --> 01:57:48.319
<v Speaker 2>Crowding they want they allow you to raise funds.

2178
01:57:48.359 --> 01:57:48.640
<v Speaker 9>I was.

2179
01:57:50.359 --> 01:57:53.119
<v Speaker 10>Crowding, but you know that's on.

2180
01:57:54.439 --> 01:57:57.319
<v Speaker 9>But mys Rena revealed that they are struggling in the

2181
01:57:57.399 --> 01:57:58.199
<v Speaker 9>terms of market.

2182
01:57:58.800 --> 01:58:01.640
<v Speaker 2>As time you was a game, it's in adia and

2183
01:58:02.079 --> 01:58:03.479
<v Speaker 2>has a very challenging problem.

2184
01:58:03.560 --> 01:58:08.359
<v Speaker 9>You know, for for improper coward now because of the

2185
01:58:08.520 --> 01:58:16.479
<v Speaker 9>red time les when they compare to you to other options,

2186
01:58:17.560 --> 01:58:18.399
<v Speaker 9>people rather go.

2187
01:58:18.479 --> 01:58:24.520
<v Speaker 2>For other options. Once do anyway lasts structure and appreciation.

2188
01:58:24.239 --> 01:58:26.279
<v Speaker 5>Is not part of what when we pay out at

2189
01:58:26.279 --> 01:58:28.199
<v Speaker 5>the end of the day, it's going.

2190
01:58:28.159 --> 01:58:32.399
<v Speaker 6>To be difficult for you to complete. Even money market.

2191
01:58:32.239 --> 01:58:35.039
<v Speaker 2>Sometimes lots of talk about the market.

2192
01:58:35.159 --> 01:58:38.800
<v Speaker 9>So Proper County is there, prop Cloud is there, and

2193
01:58:38.960 --> 01:58:39.760
<v Speaker 9>their surviving.

2194
01:58:39.840 --> 01:58:43.640
<v Speaker 2>I know they are trying to work with majority of

2195
01:58:43.720 --> 01:58:48.760
<v Speaker 2>that right now because I'm involving some life and that's

2196
01:58:48.800 --> 01:58:51.159
<v Speaker 2>the only I think I was about to even the

2197
01:58:51.239 --> 01:58:54.359
<v Speaker 2>only license circlectence.

2198
01:58:55.800 --> 01:58:59.640
<v Speaker 1>Funding if if I was able to take off the

2199
01:58:59.680 --> 01:59:01.760
<v Speaker 1>ground that would make a big impact. But all our

2200
01:59:01.840 --> 01:59:05.319
<v Speaker 1>saying for those aphones that you would allow you if

2201
01:59:05.359 --> 01:59:08.199
<v Speaker 1>you had a property, you could go to proper crowding

2202
01:59:08.279 --> 01:59:11.239
<v Speaker 1>and say I want to get investors, and investors can

2203
01:59:11.319 --> 01:59:15.039
<v Speaker 1>subscribe really quick and intiregret to your quote unquote talkings.

2204
01:59:15.359 --> 01:59:17.079
<v Speaker 2>Would you then used to fund your property?

2205
01:59:17.079 --> 01:59:19.000
<v Speaker 1>That would be a game, kind of a game ginger

2206
01:59:19.159 --> 01:59:22.840
<v Speaker 1>for that mid market, you know, zero to maybe twenty

2207
01:59:22.880 --> 01:59:23.680
<v Speaker 1>five million, an.

2208
01:59:23.560 --> 01:59:25.800
<v Speaker 2>Era of old. It really helped wanted.

2209
01:59:26.439 --> 01:59:30.920
<v Speaker 6>Yeah, and I believe that it pretty through.

2210
01:59:32.399 --> 01:59:35.600
<v Speaker 1>Okay, well it's all right, perfect, perfect, definitely to sign

2211
01:59:35.640 --> 01:59:37.199
<v Speaker 1>out there. But I can't thank you enough. I mean,

2212
01:59:37.239 --> 01:59:41.439
<v Speaker 1>we're just a conversation about real estate. Is this something

2213
01:59:41.479 --> 01:59:44.319
<v Speaker 1>we should buy? You've got a lot of insights into locations,

2214
01:59:44.680 --> 01:59:47.520
<v Speaker 1>into processes and all and the good questions have come true.

2215
01:59:47.600 --> 01:59:52.119
<v Speaker 1>We're in a way for Airbnb, Persson titling and also

2216
01:59:52.119 --> 01:59:54.960
<v Speaker 1>that asks about you know, how to get it startling done.

2217
01:59:54.960 --> 01:59:57.439
<v Speaker 2>It's a very very marketing. But I think you've cleared

2218
01:59:57.520 --> 02:00:00.439
<v Speaker 2>up for us a bit and we're grateful for so

2219
02:00:00.600 --> 02:00:02.880
<v Speaker 2>thanks guys for hanging in here, for learning with the talks.

2220
02:00:02.920 --> 02:00:06.840
<v Speaker 1>Were here every week every Sunday, seven pm start time.

2221
02:00:06.920 --> 02:00:10.439
<v Speaker 1>We talk about investing our personal finances of course the economy,

2222
02:00:10.560 --> 02:00:13.800
<v Speaker 1>so it's perfect to bring in different different assecs to

2223
02:00:13.840 --> 02:00:16.279
<v Speaker 1>trying to bring somebody else again our next week table.

2224
02:00:16.720 --> 02:00:18.279
<v Speaker 1>Thank you so so much. I wish you guys are

2225
02:00:18.279 --> 02:00:21.479
<v Speaker 1>the very best. On your Twitter's anniversary, keep going, keep.

2226
02:00:21.439 --> 02:00:28.199
<v Speaker 2>Rising, thank you, thank you so much. All right, yes, sir,

2227
02:00:28.359 --> 02:00:31.359
<v Speaker 2>please to leave. I try to message mister Dable now

2228
02:00:31.399 --> 02:00:32.239
<v Speaker 2>it's not going through.

2229
02:00:32.359 --> 02:00:34.680
<v Speaker 10>His dear is not going through it is he allowed

2230
02:00:34.800 --> 02:00:36.000
<v Speaker 10>us not able to answer.

2231
02:00:35.760 --> 02:00:41.279
<v Speaker 2>My question question none of please answer this question. I apologize.

2232
02:00:42.000 --> 02:00:45.359
<v Speaker 2>I'm just saying go ahead, holl please.

2233
02:00:45.600 --> 02:00:47.439
<v Speaker 9>I was saying that now he said, I'm now for

2234
02:00:48.319 --> 02:00:51.279
<v Speaker 9>I am a position because of the coastal moment.

2235
02:00:51.079 --> 02:00:54.479
<v Speaker 2>Parties on mark and we went back to ask them.

2236
02:00:54.960 --> 02:00:57.119
<v Speaker 2>The reason why that is doing so is because of

2237
02:00:57.199 --> 02:00:58.920
<v Speaker 2>the coast hour that is going through that ass is

2238
02:00:58.960 --> 02:01:00.600
<v Speaker 2>they don't know which party is the matter.

2239
02:01:00.680 --> 02:01:03.000
<v Speaker 38>All that so for not legal sty because's just trying

2240
02:01:03.039 --> 02:01:05.119
<v Speaker 38>to cover themselves because of that.

2241
02:01:05.199 --> 02:01:06.600
<v Speaker 2>I can't do anything on my property.

2242
02:01:06.640 --> 02:01:08.640
<v Speaker 10>I just have to pando that I spent.

2243
02:01:08.600 --> 02:01:13.840
<v Speaker 2>So much money on that property. Yeah, sorry, it's entire right.

2244
02:01:14.600 --> 02:01:19.319
<v Speaker 10>All I can I can, I can.

2245
02:01:19.760 --> 02:01:22.520
<v Speaker 6>I can I anyfied with things.

2246
02:01:22.640 --> 02:01:25.640
<v Speaker 2>Ready with you and I understand what you're saying very well,

2247
02:01:26.000 --> 02:01:27.479
<v Speaker 2>and they just chold you the reason.

2248
02:01:27.600 --> 02:01:30.960
<v Speaker 6>So you see godness in this part of the world.

2249
02:01:31.039 --> 02:01:31.720
<v Speaker 2>It's very.

2250
02:01:33.159 --> 02:01:34.840
<v Speaker 6>I don't want to do I don't want to use

2251
02:01:34.880 --> 02:01:35.159
<v Speaker 6>the world.

2252
02:01:35.199 --> 02:01:35.880
<v Speaker 2>I want to use.

2253
02:01:36.039 --> 02:01:38.520
<v Speaker 6>But you see the rules as its way.

2254
02:01:39.479 --> 02:01:41.359
<v Speaker 2>You can imagine the excuse.

2255
02:01:40.920 --> 02:01:44.720
<v Speaker 6>Me, ga, we don't know where the landge. They just

2256
02:01:44.840 --> 02:01:46.439
<v Speaker 6>want to place it and then they are all the

2257
02:01:46.520 --> 02:01:47.720
<v Speaker 6>ole investment in.

2258
02:01:47.840 --> 02:01:50.479
<v Speaker 2>Lingual So you can imagine and that's exactly just what

2259
02:01:50.600 --> 02:01:53.000
<v Speaker 2>is happening. That's exactly what you.

2260
02:01:54.399 --> 02:01:55.359
<v Speaker 6>Discined up very well.

2261
02:01:55.399 --> 02:01:56.159
<v Speaker 2>And they started but you.

2262
02:01:56.199 --> 02:02:00.399
<v Speaker 10>Know very well, very well, very well, very and I

2263
02:02:00.520 --> 02:02:00.800
<v Speaker 10>know that.

2264
02:02:00.880 --> 02:02:06.279
<v Speaker 6>They've they've also moved the game, so we are not sure.

2265
02:02:06.680 --> 02:02:11.880
<v Speaker 2>So it's unfortunate. It's unfortunate.

2266
02:02:12.880 --> 02:02:17.119
<v Speaker 9>I suspect that under normal condition your property is not

2267
02:02:17.640 --> 02:02:22.520
<v Speaker 9>under any acquisition. But because they now don't know how

2268
02:02:22.640 --> 02:02:26.439
<v Speaker 9>they will end up, the government is using this part

2269
02:02:26.520 --> 02:02:29.960
<v Speaker 9>out to just I mean, you hold any in the

2270
02:02:30.079 --> 02:02:33.199
<v Speaker 9>land idea that won'st approve it like now till they

2271
02:02:33.319 --> 02:02:35.199
<v Speaker 9>decide or they're.

2272
02:02:35.039 --> 02:02:37.239
<v Speaker 6>Able to have a care as to what they want

2273
02:02:37.279 --> 02:02:39.479
<v Speaker 6>to do. You can imagine that, and they won't take

2274
02:02:39.520 --> 02:02:40.600
<v Speaker 6>that decision the good time.

2275
02:02:41.199 --> 02:02:43.439
<v Speaker 2>Unfortunately, they will just take that time as if they

2276
02:02:43.520 --> 02:02:46.319
<v Speaker 2>have all the time in the world. But that's what

2277
02:02:46.520 --> 02:02:49.680
<v Speaker 2>is happening. That's what it happened.

2278
02:02:49.720 --> 02:02:52.800
<v Speaker 9>But I believe you're using somebody the term plan of

2279
02:02:53.199 --> 02:02:57.359
<v Speaker 9>the always help you get information as to what is happening. Yes,

2280
02:02:57.640 --> 02:03:00.520
<v Speaker 9>I'm not in the country, so I'm just hoping anytime

2281
02:03:00.560 --> 02:03:02.880
<v Speaker 9>I come into the country, I'll go in myself and.

2282
02:03:03.000 --> 02:03:04.680
<v Speaker 10>There find that what is happening.

2283
02:03:05.680 --> 02:03:09.439
<v Speaker 2>All right, guys also ugly yes to the ground.

2284
02:03:09.479 --> 02:03:10.359
<v Speaker 6>I'm somebody who.

2285
02:03:11.720 --> 02:03:18.479
<v Speaker 1>Help you, all right, So excellent. I hope that you're welcome.

2286
02:03:18.720 --> 02:03:21.359
<v Speaker 1>We just want to make sure you get salted. That's fantastic.

2287
02:03:21.479 --> 02:03:23.680
<v Speaker 1>So guys, thanks so much for joining, and I appreciate

2288
02:03:23.800 --> 02:03:26.039
<v Speaker 1>one that I've been here. We'll meet again next week

2289
02:03:26.560 --> 02:03:30.319
<v Speaker 1>on that topic debated, Learn and become better sometimes time.

2290
02:03:30.800 --> 02:03:32.680
<v Speaker 1>If you guys, have a good one ticket for yourself

2291
02:03:32.800 --> 02:03:34.600
<v Speaker 1>and be nice, it's gonna be a great week.

2292
02:03:34.760 --> 02:03:35.439
<v Speaker 2>Go out and make it.

2293
02:03:35.520 --> 02:03:38.880
<v Speaker 1>There's most to noise about. The divertic pricing has come out.

2294
02:03:38.960 --> 02:03:43.800
<v Speaker 1>Now we're gonna buying diesel and all that so vanished.

2295
02:03:43.800 --> 02:03:47.119
<v Speaker 1>It's just amazing and Nigeria and just an amazing place

2296
02:03:47.159 --> 02:03:51.840
<v Speaker 1>where we're boycotting. Were boycotting a low priced the lower

2297
02:03:51.960 --> 02:03:57.239
<v Speaker 1>priced and stuffly I don't don'tunderstand it, all right, all.

2298
02:03:57.199 --> 02:03:59.119
<v Speaker 2>Right guys have a good one. De boy again, thank

2299
02:03:59.159 --> 02:04:00.279
<v Speaker 2>you so much. Do you guys have going on?

2300
02:04:00.359 --> 02:04:03.399
<v Speaker 6>Coom bye, You're welcome by pleasure. I'll take care take it.