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:
- 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.
Furniture industry in Nigeria by Limult
The furniture industry in Nigeria has experienced a major challenge which is the shortage of timber supply but industry professionals have put together so much work to develop modern designs using contemporary material like wire mesh, Wicker or rattan furniture, Metal etc.
Another prevailing problem that is making the efforts of manufacturers in the industry go unnoticed is the access to reliable sources of power.
Not only is this detrimental to the production of furniture and manufacturing but also the nation’s ability to possess a sustainable GDP.
The electrification of Nigeria will liberate many of the constraints that we face as a nation as regards to our overall productivity.
This will also help in empowering local manufacturers’ abilities to produce more high-quality furniture at reduced prices.
Furniture manufacturers at the moment must rely on the electricity provided by the government as much as possible.
Although these conditions are not ideal, it does not, however, impact on the ability to provide quality, affordable furnishing, and interior design solutions.
In order to make the system more innovative, great care should be taken so as to ensure that the industry becomes more efficient and are capable of producing high-quality goods by utilizing the waste from the production process to create other goods.
With the calls for diversification of the economy, the furniture manufacturing sector has experienced growth that has been contributing to the earnings for investors and the GDP of the country.
The global furniture market has been on the rise, with analysts forecasting the compounded annual growth rate (CAGR) estimate of 3.53 percent over the period of 2012 and 2016.
Nigeria has not been left out in this global. Reuters showed that one of the key factors contributing to this market growth is the boom in real estate industry.
Are you a Retail Store Owner? Here’s how we can help you!
LIMULT GROUP is the top choice for all your furniture needs. Why? Because we put our customers first!
With our huge warehousing network, you will always be able to find our products, or suitable substitutions, in stock when you want them. This is better assurance for you that when you need a product for a customer, you will be able to get it quickly and easily.
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.
Electrical Equipment and Appliances by Limult
How to use Household
Electrical Equipment and Appliances Efficiently
Household electrical
equipment and appliances are used in most modern houses. These house appliances
are made to make life easier.
Electrical equipment is any machine powered by electricity. it usually consists of a variety of electrical components, and often a power switch. Washing our clothes with a washing machine makes life comfortable.
Also, using the air conditioner to make the house cool when the weather is hot, makes the house a place to stay. Household electrical appliances also provide entertainment.
However, it is advisable that we minimize our power usage wherever possible. This will also benefit us in reducing our energy bills as well.
Here are some ways to
reduce the energy consumption of some common household appliances.
General
As a
general rule, always switch off appliances completely when they are not in use
wherever possible. You should also do this when you are away from the property
for an extended period.
Clothes
Dryer
Clothes
dryers are energy-consumer appliances. Whenever possible, dry your clothes
outside in the sunshine or on a clothes rack indoors.
Lights
Always
switch off lights that you do not use, and where possible use lamps or
spotlights rather than the room light, as these are less energy consuming. You
should also consider switching your bulbs to energy efficient versions to save
energy.
Air
Conditioners
Air
conditioners use a lot of power. Always turn the conditioner on before the
temperature gets too hot. Air conditioners work more efficiently when the
outside air temperature is cooler.
Washing
Machine
Washing machines use both electricity and water. Always run the washing machine when you have a full load. The machine will use the same amount of energy and water whenever many or few items are in the drum. If you must run the washing machine on a less than full load, select a suitable program.
LIMULT has proven to be trusted
in the ability to utilize the most efficient technology and planning to
consolidate a wide scope of equipment and products from around the world, on
time, and at the right price.
As a result of the above, it has given all our customers confidence that they will always receive dependable, cost-effective solutions, whether developing a new, large-scale project or facility, or simply supplying the daily needs of their operation.
Our
experienced associates can recommend our convenient assemblies of electrical
products and equipment that can streamline your projects and provide best
overall value for construction, maintenance and repair.
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 Mini-industry construction for community development
WHY CONSTRUCTION AND LAND DEVELOPMENT ARE IMPORTANT FOR COMMUNITY DEVELOPMENT
We can all agree that land development is essential for a community’s success. While development can sometimes be frowned upon, as it changes the face of the landscape, creates more traffic, changes ecosystems and habitats, it is imperative for the prosperity of your community. It can generate more jobs, bring desired curb appeal, unite community members, and maintain or increase home values. Whether the development is residential or commercial, construction brings economic stability. Finding a balance between growth and maintaining the character of your community is key to the planning of development, as well as, weighing the pros and cons.
ENVIRONMENTAL IMPACT
Construction and land development can create added waste to our landfills and not all materials are environmentally friendly. In metropolitan or urban areas that are highly populated and built up, a heat island effect can occur. Thus, making it warmer in these areas than rural areas due to the volume of energy being consumed. Land Development can change ecosystems and force wildlife to relocate. At the same time, land development can have a positive impact on our environment. Governing entities may require developers to bring buildings up to current code or clean up contaminated sites from a previous business. Site cleanup is costly, but it brings added value to our environment. Incentives are sometimes offered for using sustainable materials or building Green or a LEED certified structure. Oftentimes developers will clear out invasive/non-native trees and replace them with native trees.
INFRASTRUCTURE IMPROVEMENTS
Some townships/cities will require the developer to make improvements to infrastructure. This might include, enhancing the road condition, replacing old water or sewer pipes, installing sidewalks, adding additional landscaping and increasing the number of public parking spaces. Holding developers accountable for community improvements removes some of the financial burdens your city/township can endure.
ECONOMIC/SOCIAL IMPACT
When you see businesses expanding, new commercial buildings being constructed, new neighborhoods being built and existing homes being renovated, it signifies a growing community. Growth can present challenges, however, it is a necessity for the prosperity of your city. Construction has a direct impact on our economy, as it creates jobs. Construction also has a trickle-down effect on industries, other than its own. Commercial and residential construction stimulates growth in retail, real estate, equipment, manufacturing plants, schools, and tourism, to name a few. Even though to community members, construction and development can seem invasive and unnecessary, it is vital for your economy.
You can reach out to Limult Group For your housing and construction Project. you can also 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.