From 400k to 60million A Real Estate Fortune

Jun 18, 2025
💥 “From Face-Me-I-Face-You to Fortune: How Mama D Turned a 400K Lagos House Into 60 Million and Built a Legacy”💥 Lagos is not for the faint-hearted. One day you’re dodging danfo buses and buying suya by the roadside, the next you’re sipping wine in Lekki, watching your land value triple. But what if I told you that one retired woman quietly beat the system—without hype, without hashtags—and flipped a government scheme house into a 60 million naira windfall? Let me introduce you to Mama D—my 68-year-old friend, mentor, and real estate matriarch. 🌆 The Beginning: One Woman, One Vision Back in the early 90s, Mama D worked at a prestigious international organization in Lagos—tailored suits, driver, AC office, the whole nine yards. But while many of her colleagues were upgrading cars and chasing weekend getaways in London, she had her eye on something different: > 🏚️ “A small house in a government scheme near the outskirts of Lagos. 400K. My friends laughed. Even my husband raised his brows.” The location? Borderline bush. No proper road. No shops. The nearest BRT stop was a 20-minute okada ride away. But Mama D wasn’t investing in what was—she was investing in what would be. 🕰️ Years Passed. Lagos Expanded. The danfo routes changed. The "bush" became a bus terminal. A shopping mall popped up. Then came a new expressway. Tech bros started looking for short-lets in the area. The place exploded—and Mama D was sitting right in the middle of it. > 💬 “Someone offered me 5 million. Then 10. When an estate developer offered me 60 million in cash, I nearly fainted—but I didn’t flinch.” She sold. Cashed out. Retired in style. 🏖️ Now? She Lives Like Royalty Today, Mama D lives in a fully detached duplex in Ajah with a garden, solar panels, and an automatic gate that says, “Old money lives here.” She didn’t just “make it”—she strategized her way into a lifetime of comfort. More importantly, she passed that knowledge on: > 👩‍🏫 “I told my children—don’t chase salary, chase value. If you can’t buy Banana Island, go where Banana Island used to be 20 years ago.” Each of her children now owns multiple properties, all before 35. One just flipped a mainland duplex for 85M after buying it for 22M during a market dip. 🔥 The Twist? Mama D almost sold the house *way too early—for just 1.8 million—when she hit a financial low and couldn’t afford repairs. But something stopped her. > “I remembered what my late father used to say: ‘Land doesn’t run. The value only hides.’ I held on.” That single decision changed her family’s story forever. 💎 The Real Takeaway? Lagos is wild. The markets shift. The cost of fuel, of bread, of even small chops, can rise without warning. But land? Land is silent wealth. While you’re sleeping, the city is expanding. New roads are coming. Estates are rising. And someone, somewhere, is sitting on a future goldmine—just like Mama D did. 📣 Read This and Ignore It? Or Let It Change Your Mindset? 📌 Don’t wait till land hits 60M to wish you bought it at 400K. 📌 Don’t scroll past this story and forget it in 5 minutes. 📌 Start small. Buy smart. Think long-term. --- ✨ If Mama D can do it—with 400K, back in the days of NEPA and kerosene stoves—you can too. Tag someone who needs to hear this. Comment if you’ve ever passed on “cheap land” you now regret. Share this if you believe in silent wealth. #RealEstateNigeria #LagosLife #WealthBuilding #SilentMoney #MamaDTheLegend #PropertyInvestment #LandBanking #From400Kto60Million #LagosRealtyTwist #GenerationalWealth

Real Estate Trend in Abeokuta

Aug 13, 2024
Real Estate Trend in Abeokuta Abeokuta, as a rapidly growing city, is experiencing a dynamic real estate market. Several factors influencing the trends include 👇 Increased Demand: The city's proximity to Lagos, coupled with its relatively lower cost of living, is driving a significant influx of residents and businesses. This increased demand is pushing property prices upward. Infrastructure Development: Ongoing infrastructural improvements, such as road networks, utilities, and public transportation, are enhancing the city's appeal and attracting investors. Affordability: Compared to Lagos, Abeokuta offers more affordable housing options, making it attractive to middle-income earners seeking decent accommodation. Growth Corridors: Specific areas within Abeokuta are witnessing accelerated development, such as along major roads and around commercial hubs. Land Appreciation: The value of land is steadily increasing, making it a lucrative investment for both short and long-term returns. Popular Property Types In Abeokuta are 👇 Residential: Houses (duplexes, bungalows, and detached), apartments, and flats are in high demand due to population growth. Commercial: Shops, offices, and warehouses are being sought after as the city's commercial activities expand. Land: Investment in land is seen as a secure and potentially profitable venture. Did you see where IREDE CITY comes in? IREDE CITY has all it takes to give YOU massive returns............ It is dry, accessible, can be used for agricultural returns now and later for residential and commercial purposes, surrounded by notable landmarks, affordable and can serve to diversify one's investment. Hurry! Subscribe to IREDE CITY as price increment is imminent in a couple of weeks

The Missed Fortune of Ikota Lekki......A True Life Story

Jul 29, 2024
In the mid-90s, Ikota in Lekki Lagos was a far cry from the bustling metropolis it is today. Lekki Peninsula was largely undeveloped, with swathes of land covered in lush vegetation and swamps with monkeys jumping around the neighborhood as if no other higher creatures existed. Amidst this green expanse was Ikota, a sleepy fishing village, Mr Ogoyi, a driver to a wealthy businessman, was offered a plot of land in Ikota by his boss who had acquired many acres of land in the area . The land was free, a gift. But to Mr. Ogoyi, it was nothing but a vast, intimidating expanse of bush. His mind was fixed on the tarred roads, electricity, and water amenities he was accustomed to in the city. He politely declined the offer, dismissing it as a worthless piece of land. Fast forward to the 2020s, and the narrative of Ikota has dramatically changed. What was once a remote fishing village is now a thriving residential and commercial hub. The once-despised plot of land Mr. Ade turned down would now be worth tens of millions of naira. Luxury apartments, shopping malls, and upscale hotels dot the landscape. The area has become a prime location for both local and foreign investors. Mr. Ogoyi, now retired and reflecting on his life, often rues the day he declined that land gift. He has watched helplessly as his contemporaries, who bought Okota lands then, have become millionaires. The stark contrast between his poor retired way of life and the opulent lifestyles of the people who bought Ikota in those days is a constant reminder of the opportunity he missed. This true life story underscores several crucial lessons for investors considering properties in developing areas: 1: Vision and Patience: The ability to see beyond the present state of a property and envision its future potential is essential. Ikota was once a 'bush', but its transformation into a prime location demonstrates the power of long-term vision. 2: Low Entry Barrier: Properties in developing areas are often affordable, making them accessible to investors with limited capital. This can be a significant advantage compared to established markets. 3: Risk and Reward: Investing in developing areas carries inherent risks. However, the potential rewards can be substantial, as evidenced by the Ikota example. 4: Diversification: While it's tempting to concentrate on established markets, diversifying your portfolio to include developing areas can balance risk and reward. 5: Land Banking: Acquiring land in promising areas before significant development can yield exceptional returns, as demonstrated by the value appreciation in Ikota. By understanding these lessons as an investors, you will be able to position yourself to capitalize on opportunities in developing areas and potentially achieve significant financial gains.

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