Acquisition and Sources of Real Estate Investing by Limult

Real estate investing is the involvement of management, purchase, rental, sale, or ownership of a real estate that can be used as profit. Real estate development is the improvement of a specific realty property as part of the strategy in the investment of real estate. This is considered as a real estate sub-specialty. Relative to the other investment kinds, real estate is a form of asset that has fixed liquidity.

Real estate is regarded to be capital intensive and is highly dependent on cash flow. These factors must be well managed and understood otherwise the investor gives himself risks.

One of the main causes for investment to fail in dealing with real estate is because the investor experiences a zero cash flow for quite some time wherein the amount can no longer be sustained; this will result to a forced reselling of the property gone into insolvency.

Acquisition and sources

Acquiring and looking for sources of real estate is not hard although the real estate market in numerous countries are not that efficient or organized compared to other having instruments of liquid investment. Individual properties are not interchangeable and are unique by themselves. This presents one big challenge to investors who want to evaluate investments and price opportunities.

This is one reason why when searching for properties wherein one can invest in, it involves competition and substantial hard work among the investors to be able to purchase properties. This will be variable depending on the availability knowledge.

It will also provides a lot of opportunities for the investors to acquire properties at cheaper prices but poses an increased risk in terms of transaction. Investors of real estate usually use a number of appraisal methods in order to figure out the value of the property before the purchase. 

Sources of properties
for investment include:

  1. Agents of real estate

2. Market listings

3. Private sales

4. Public auction

5. Wholesalers

Sales terms and Price

The moment a property fit for investment is located, the investor will negotiate a sale price and terms with the one selling the property, then after the business talk, the contract for sale will be executed.

In order to be assisted in the process of acquisition, the investors can sometimes employ attorneys or agents having the knowledge about real estate.

This is due to the deal that acquire a real estate posses a lot of complexes which may lead to a very costly deal if executed improperly.

During property acquisition, the investor makes an offer to
buy the reserve of the investor’s right to complete their transaction upon
satisfactorily negotiating with the latter. This reservation money can be
refunded or not and is a sign for the investor’s willingness and seriousness to
purchase the property.

The terms for the offer in real estate investing include
several contingencies that allow the investor sufficient time to complete
diligence and acquire financing before the final purchase. During the
contingency period, the one investing usually reserve the right to abolish the
offer with no attached penalties and accomplish refund on money deposits. Once
the contingencies expired, rescinding usually requires the forfeit of money
deposits and may sometimes leave penalties as well.

That is why, to avoid such penalties, the investor must have
a great deal of understanding and knowledge on the venture that he has to
overcome. Legal advises from people having investing backgrounds will greatly
help to lessen the risk.

Contact us at
+2347052446249 for more information on our redefining industry development
services or visit our store at
www.limult.com/shop to see more products
that we make available for the people.


Ceramics Industry by Limult

Industrial ceramics

Ceramics are broadly defined as inorganic, nonmetallic materials that exhibit such useful properties as high strength and hardness, high melting temperatures, chemical inertness, and low thermal and electrical conductivity but that also display brittleness and sensitivity to flaws. Ceramics are used in many industrial applications to support manufacturing within sectors such as metallurgical, chemical, mechanical, and energy production.

Properties that make these materials desirable in these fields are primarily wear and corrosion resistance, hardness, resistance to chemical attack, thermal and electrical insulation, and high-temperature resistance and compressive strength.

Ceramics are used in industrial applications including thermal barrier coatings and thermal insulating textiles, and electrical insulators for machinery components and sensors.

LIMULT GROUP is a manufacturer of the Industrial Precision Advanced Ceramic Parts and Components.

As a ceramic parts manufacturer, we can offer machining or customized full range of precision ceramic parts according to customer requirements.

Contact us at +2347052446249 for more information on our refining industry development services or visit our store at www.limult.com/shop to see more products that we make available for the people. 


Burnt Bricks For Housing Construction In Nigeria

Burnt Bricks are the oldest and strongest form of housing construction in Nigeria. It is no surprise that the Egyptian pyramid and various longest lasting building were made of bricks.

Limult Bricks are solid and are the trusted building material to use for the construction of the foundation of a housing project when building in a dampy area. To learn more about Limult, chat up 07052446249

Limult Group (www.limult.com) is an indigenous firm that specializes in the production and sale of affordable local burnt bricks for housing construction thus solving the problem of housing in Nigeria thus providing for the nation. Limult Group also offer other services such as Architectural Design, Hut Construction, etc.

Limult Local Burnt Bricks is delivered to states such as Abuja, Enugu, Aba and Anambra State.

Limult Burnt Bricks also have another category of bricks which are the premium burnt bricks which consists of various shapes.

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Contact Information
Website: www.limult.com
Customer Care Number: 07052446249


Limult Laterite for Road Construction

Laterite is both a soil and a rock type rich in iron and aluminum and is commonly considered to have formed in hot and wet tropical areas. Nearly all laterites are of rusty-red coloration, because of high iron oxide content. They develop by intensive and prolonged weathering of the underlying parent rock. Tropical weathering (laterization) is a prolonged process of chemical weathering which produces a wide variety in the thickness, grade, chemistry and ore mineralogy of the resulting soils. The majority of the land area containing laterites is between the tropics of Cancer and Capricorn.

The term ‘Laterite’ appeared in academic literature over a century ago. Buchanan (1807) first used this term to denote a building material in the mountainous region of Malabar, India (Maignien, 1966). The term ‘Laterite’ could mean brick earth in some local dialects but the name ‘latérite’ got its meaning from a Latin word later, meaning ‘brick’ and so relating solely to the use of these soils in block making (Prescott and Pendleton, 1952 in Gidigasu, 1974). There have been so many arguments,

Characterisation of laterite for road construction

Lateritic soils exist in many places in tropical regions of Africa and America. They are frequently used for road construction. It is important to use them in an optimized way and attempts are made to improve their description and characterization for road applications. Laboratory work done in Brazil, Senegal and France was aimed at including specific properties of laterites in their classification, especially the degradability of their gravelly and sandy fractions due to weathering and compaction during construction works. The paper presents results of laboratory tests, which highlight the importance of particle size reduction due to compaction and its variability. The link between the grain sizes of raw laterites and those of the same laterite after compaction should be further studied, in order to help the road designer in tropical and equatorial countries.

Structure, Composition and Properties of Lateritic Soils

Laterites vary greatly in structure, but can be reduced to the following three structural patterns:

(a) The indurated elements form a continuous, coherent skeleton;

(b) The indurated elements are free concretions or nodules in an earthy matrix;

(c) The indurated elements cement pre-existing materials. These structural patterns exhibit great variability in relation to the shape and size of the elements involved and the degree of induration. The degree of hardness ranges from products that are practically unconsolidated and scarcely coherent to the hardest blocks which can be broken only with a hammer. Induration is an empirical criterion, as it is impossible to give quantitative expressions to any character related to the mechanical properties of the material. The usual definition of induration is a state in which the hard brittle consistency of the medium is not affected by humidity. Induration, which involves the precipitation of goethite in a reticular network, is influenced by composition and the extent of crystallization of the components in the soil: the higher the sesqui oxide content, the greater the induration. In other words, hardness increases as the iron content increases; the hardest laterites are also the least hydrated.

Laterites vary in color, but are usually brightly colored. The shades most frequently encountered are pink, ochre, red and brown; however, some occurrences are mottled and streaked with violet, and others exhibit green marbling. A single sample may exhibit a whole range of colors merging more or less perceptibly into one another in a variety of patterns and forms. Laterites owe their color to iron oxides in various states of hydration and sometimes also to manganese. Their mineralogy generally involves quartz, kaolinite, hematite, goethite, and sometime maghemite. Kaolinite is always present with iron oxides. The physical properties of lateritic soil vary according to the mineralogical composition and particle size distribution of the soil. The granulometry can vary from very fine to gravel according to its origin, thus influencing geotechnical properties such as plasticity and compressive strength. One of the main advantages of lateritic material is that it does not readily swell with water. This makes it an excellent packing material particularly when it is not too sandy.

Improving Lateritic Soils for Construction Purposes

Stabilization processes are very complex because many parameters come into play. The knowledge of soil properties can help to better consider what changes, the economic studies (cost and time), as well as production and construction techniques to use. The simplest process consists of taking soil and drying it in open-air. It is the ―pise technique, rammed earth, adobe, and brick dried in the sun, widely used in the majority of African countries. More elaborate processes can include heat treatment, or mixing soil with ordinary Portland cement, lime, etc.

Limult Group sells quality Laterite for road constructions_ thus providing for the nation. Feel free to visit our store at www.limult.com/shop to see more products that we make available for the people. For further inquiries, call us on +2347052446249.


Limult Plaster Sand

Plaster Sand not only can be used to make plaster but it can also be used in a cement/sand/gravel mix to make concrete. Use Plaster Sand to set pavers, or fill in holes and low spots in your lawn.

Plastering is one of the most ancient building techniques. Evidence indicates that primitive peoples plastered their reed or sapling shelters with mud, thus developing more durable structures and more effective screens against vermin and inclement weather. More lasting and slightly materials in time replaced mud. Some of the earliest plastering extant is of a quality comparable to that used in modern times. The pyramids of Egypt contain plasterwork executed at least 4,000 years ago that is still hard and durable. The principal tools of the plasterer of that time were in design and purpose like those used today. For their finest work the Egyptians used a plaster made from calcined gypsum that is identical to plaster of Paris.

Plaster as a medium of artistic expression waned by the 19th century, when imitation and mechanical reproduction displaced this creative art. However, as a surface material for interior walls and ceilings and to a lesser degree for exterior walls, plaster remains in common use. It facilitates cleanliness and sanitation in building and is a retardant to the spread of fire.

which sand is best for plastering?

Sand is a naturally occurring granular material composed of finely divided rock and mineral particles. It provides the structure of plaster, and the quality of your sand can make the difference between success and failure.

Basically river sand are used for any plastering work. Generally, in any plastering work plasterers are used natural sand, crushed stone sand or crushed gravel sand. Though, there is a grading limit of sand which are used in plastering work. Other types of sand will also work, but it could be more expensive to use.

Limult Group sells quality plaster sand for strong housing construction_ thus providing for the nation. Feel free to visit our store at www.limult.com/shop to see more products that we make available for the people. For further inquiries, call us on +2347052446249.


BRICKS BY SHAPES

In the history of professional construction practices, brick is one of the oldest of all building materials. It is also arguably the most durable since there are brick walls, foundations, pillars, and road surfaces constructed thousands of years ago that are still intact. Today, bricks are most often used for wall construction, especially as an ornamental outer wall surface.

Brick Defined

Officially, the term brick is used to denote a building unit made of shaped clay, but in modern times it is used to refer to any stone- or clay-based building unit that is joined with cementitious mortar when used in construction. Typically, bricks are about 4 wide, 8 inches long, with a variety of thicknesses. Larger stone- or clay-based building units of the type used in foundations are usually called blocks.

How Bricks Are Categorized

There are several ways that brick can be categorized. For example, you can divide brick into the types used for facing (exposed and visible on the exterior of a structure) vs. backing bricks (which are used structurally and are hidden from view)Another means of categorizing brick is according to how they are manufactured: unfired (brick that is air-cured) and fired (brick that is baked in ovens to harden it). Bricks can be also categorized according to their typical use: common bricks or engineering bricks. For purposes of residential construction, it is usually common bricks that are of most interest, since engineering bricks are more often used in civil engineering projects, such as road or bridge construction, or sewers construction.

Bricks can also be categorized according to their shape. Some common shapes include:

  • Brick veneers: These bricks are thin and used for surface cladding.
  • Airbricks: These bricks contain large holes to circulate air and lessen weight. They are used on suspended floors and cavity walls.
  • Perforated bricks: These bricks contain many cylindrical holes drilled throughout the brick. They are very light in weight. 
  • Bullnose brick: These are bricks moulded with round angles.
  • Paving bricks: These bricks contain a good amount of iron. They are used in underfoot paving applications.
  • Capping bricks: These bricks are used to cap the tops of freestanding walls. 
  • Hollow bricks: About one-third of the weight of the normal bricks, these are used mostly in partition walls where load-bearing is not required.