Lovely and spacious 5 bedrooms semi-detached Duplex+ mini flat bq @ Zone 4, Ogudu GRA.Rent-3m

Features;
1.All rooms are Ensuite with wardrobes and bath tubs
.2.Every part of the apartment is well tiled and spacious.
3.Kitchen has fitted cabinets.
4.Security guard house
5.Generator House.
6.Spacious car park;can take 7 cars.
7.Compound decorated with flowers.
8.Bore hole and Government water system
9.Very serene and secured Enviroment
10.Tarred road and estate street lights.
11.Two security posts before the street where this property is.
12.Electric wired fence.
13.Mini flat(room,parlour,kitchen,toilet and bath) at the boys-quaters.

For further Enq-Pls Contact
Bimadek Properties-
Suite 5.Tinulas Plaza
Ile-eja b/stop,Demurin road,
Ketu. or call 08187783126 ..08067491442.

5 Traps Landlords Should Avoid

Property investors who purchase properties for rental purposes have the ultimate goal of protecting their financial future. However, if such investments are not adequately protected, the landlord might suffer some losses. Here are some inherent traps that landlords tend to fall into:

 

Not Setting the Right Rental Price

Setting the rent too high can scare off prospective renters and such properties can remain vacant and on the the market for a pretty long time. During this period, cash flow from rent is interrupted and thus the landlord’s revenue is reduced. Most property investors would rather have their properties stay vacant for extended periods rather than take a lesser amount in rent. On the other hand, when the rent is set at an amount that is lower than what is obtainable in the market, cash inflow from rent would also be low and very little money would be made. Also, setting your rent too low might attract unsuitable tenants who might be a source of headache in future. 

 

Self-Managing a Property

There is the misconception that some extra cash can be saved by not hiring professionals to manage a property. While it can be tempting to save a small percentage of rental income by self-managing your rental property, the benefits of appointing a property manager far outweigh the costs.

Professional property managers can ensure the correct paperwork is in place, collect the rent, monitor arrears and form a professional relationship with the tenant through regularly communication.

 

Neglecting Maintenance

When tenants complain of maintenance issues, ensure repairs are carried out promptly. If repairs are not carried out on time and tenants suffer injury, the property owner (you) might be legally liable and this becomes a further drain on finances. Also, when minor maintenance issues are neglected, they could result in major problems which might cost the property owner a handsome sum.

 

Irregular Inspection

Some landlords fail to inspect their property at regular intervals and this is not financially wise. Some tenants can misuse your property; for instance, using a residential property for commercial purposes, and this can devalue the property over time. If a tenant is causing damage to a property and regular inspections are not being carried out, the damage may go unnoticed and this will be costly to fix later on.

 

No Insurance 

The probability that your property might be damaged in the process of renting is high and you ought to be prepared for this. Always get an insurance cover against malicious and accidental damage to your property by tenants to ensure you are not eft stranded when your property suffers major damage or in the worst case scenario, burnt down.

 

A beautifully finished 3 bedroom 2 bath bungalow on a full plot off Ijede road,Ikorodu, FOR SALE with C of O.Price-13m

For Owner's personal use on one full plot of land for sale. Features

include:
- all rooms, toilets, bathrooms and kitchen fully tiled
- beautifully painted inside and outside
- dinning room and kitchen cabinets with tiles
- wardrobes in the all rooms
- functional borehole, water tank, and prepaid electric meter system

from PHCN
- fence and secured compound with beautiful gate and security gate

house
- compound half concrete, extra front space for future development
- adequate car park spaces within the compound
- vacation home built and completed in 2009. Only live in 2 weeks
maximum every 2 years

TITLE: C of O
PRICE: N13m obo
LOCATION: Oke Eletu, off Agura/Gberigbe Road, off Ijede Road, Ikorodu, Lagos

For further enquiries, please contact:
Office - Suite 5, Tinulas Plaza,62, Demurin Street, Ketu, Lagos.
Phone - 08067491442, 08078439375, 08187783126.
Email - bimadekproperties@gmail.com
Website -  www.bimadekproperties.blogspot.com

Brand New 2bdrms Flat Ensuite+guest Toilet To LET @Alapere,Ketu.Rent-500k

Features;
-brand new house,
-all rooms ensuite with a guest toilet
-Painted Interior and Exterior.
-kitchen cabinet and t
-Tiled wall
-all round tiles
-Bedrooms with wardrobes
-paving stone compound
-water running
-secured imported doors
-Enough Parking space
-on a tarred road.

For further enquiries, please contact: 

Office - Suite 5, Tinulas Plaza,62, Demurin Street, Ketu, Lagos.

Phone - 08067491442, 08078439375, 08187783126.

Email - bimadekproperties@gmail.com

Website -  www.bimadekproperties.blogspot.com