This content discusses strategies for real estate investment in Ghana, focusing on navigating land acquisition complexities and exploring affordable housing options, while also highlighting the potential for wealth creation in Africa.
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I've had people if never stepped a foot
in Ghana before go through design phase
and build a house. I lost all my money
here in Ghana. I started from zero and
two years later I've made more money in
Ghana than I've ever made in this case.
>> I have built a business here and took
that business to different African countries.
countries.
>> What do you think is stopping? How they
look? People feel powerless. People
don't believe in themselves and they
care too much about what other people
think of them. That's hard for them to
The first step is to buy land. The
average Ghanaian that wants to own a
home, how can they use your model to own
a property? If you're making 800 cities
a month, you are not part of the game.
>> People are just looking at ownership.
Ownership. I own. I'm the boss. I'm the
chairman. This is for me. Is the reason
why a lot of people are not getting to
own this homes because all you need to
afford a $55,000 property to get three
friends, five friends that could be able
to raise 10,000.
>> I don't think that would be an average
Ghanaian. They are not in that circle yet.
yet.
>> I beg to differ. The average Ghanaian
can. People
rush. I see you have some documents. Can
you take us through them? If you're
Welcome to Connected Minds podcast. My
and I'd like to appreciate you for being
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And to the people in our community, the
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conversation.
Everybody wants a piece of Ghana now,
whether it's buying a land or building a
property. So today's conversation is
with Rash Assar and Quasi Desmond Cood.
Rash is an expert when it comes to
buying a land safely without being
scammed. And COD is an expert when it
comes to buying luxury homes across Africa.
Africa.
These two experts and business people
have already been on this podcast
before, not just in this studio, the
other studio, but their experience and
what they've been through is the reason
why they've shown up again.
So, let's get deep into what you can do
to avoid the scams and how you can also
have an affordable property in Ghana.
Stick with me. Hello, brothers. How are you?
you?
>> Uh, I'm doing very well. very excited to
come into the new studio. I think that
connected minds, just like I said in our
first interview, it's going somewhere
and I'm proud to be on this journey with
you guys. That's why when you call me
any day, anytime,
>> I need to appear and and I'm here. I'm
doing very well. Kudos to you and the team.
team.
>> Amazing work done.
>> I'm doing great as well. >> Yeah.
>> Yeah.
>> Impressed with what you've done here.
Looks amazing. >> Yeah.
>> Yeah.
>> Yeah. Always happy to be in your studio. >> Yeah.
>> Yeah. Um,
Um,
you know, COD is actually the one that
introduced me to a futuristami.
Uh, he's such a lovely man and [snorts]
our man here, Rash has introduced me to
a lot of people that have also
interviewed on this podcast and several
opportunities in real estate. So, thank
you so much. I hope that today's
conversation would help people in the
diaspora and then also the average
Ghanaian we have.
>> Yeah. So
the everyday Ghanaian that wants to home
own a property in Ghana right
what's the best way they can do it
all starts with the land right you're
not going to build without the land so I
think we need to take it one step at a
time in life whatever you want to do
when you look at the grand scheme of And
sometimes most people get scared and
they cannot take the first step. So the
first step is to buy land. If you are
just starting out, you know, you know
your pocket. You know how much you're
bringing in. Be realistic, right? You
can go and buy $150,000 land in this
loan. Maybe you'll be okay somewhere
around PR prime or you know where you
can afford. You should know that and
calculate and start with the land. Once
you have the land, then maybe you cannot
build a main house yet cuz you are
renting. You might say, "Okay, I'll
build a onebedroom house for myself."
Now, that's your boy's quarter. So, you
don't waste the land. If you have one
plot, you might put that one bedroom
with your kitchen and everything in the
corner. I know people who've done this.
>> You don't you most of the cost for
construction goes in the finishes.
>> So, having the actual structure is
usually about 30% 35% of the actual
construction cost. So, you can have the
building standing without spending too
much and then you do the essentials.
I've had people who do screening and
they will move in instead of paying rent
they will tile it when the rent is due.
So a year later they might t it slowly
they plaster it and they move
accordingly. I know somebody who's moved
into their house this way finish that
house built two units apartment to rent
cuz he bought two plus on the other one
and now he's about to build his main
house. So you started with the with the
boys quarters that I'm talking about. So
you just have to start small.
>> Cood says that there's too much hustle
when it comes to owning a land in Ghana.
So he would rather people go for luxury homes.
homes. >> Yeah.
>> Yeah.
>> Okay. Cuz that's that's the way to go.
Now you you need to look at it from this
other way. He's gave an example of
somebody started from the boys quarters
did two rooms to rent and then now is
doing their house. Now, I'm saying that
with all the hassle that comes with
owning the land and having to go here
and there to do all your verifications
and everything, for a new or a first
time investor in the market, why don't I
just put you on an apartment that gives
you 36 months or 48 months or maybe 24
months payment plan and then you get to
own and rent because all you need in
this industry is to have an experience
of this industry. So, I'm going to give
you an apartment
$60,000 $35,000 because if you want to
be realistic,
buying a land even in a very good
location today is going to cost you
about a h 100,000 CD. That's like
$8,000. And after that, you do your
documentation, your checks, your
registration, and everything comes up to
about $15,000.
$15,000. If you want to put even a very
nice simple um detached family unit on
that, you're looking at $40,000. So that
brings you up to 60 um $55,000. 40 + 15
$55,000. Today I can get you an
apartment in Chado which is so close to
Labadi, so close to Contiment, so close
to Laboni for $55,000. You have the
opportunity to pay over 36 months. So
that's what I'm talking about because
we've heard so many diasporan story.
We've heard so many stories from the
locals that have tried to invest in land
that has ended them. I'm not saying land
ownership is bad but from the angle
where I speak and to build momentum with
what is currently happening in our real
estate industry. Why don't we go
straight into ownership? Then you get
passive income. So once you start
getting rent from this particular unit
you've bought now because you are not
using your personal money but you're
using money from passive income you can
now put the returns into an investment
like owning a land.
>> Rash doesn't agree.
>> I agree to it some extent because uh not
not in relation to owning an apartment
but as a person your first goal
shouldn't be to own a house. It's you
need cash flow. Okay. So, what he's
saying, I just look at as a business.
So, if the cash flow from that business
is going to help you because you're not
working for that money anymore, you're
just doubling up. So, for example, let's
say that person was making 10,000 CDs a
month and you're able to do what he's
talking about. Now, you might be getting
$1,000 a month in that. >> Yeah.
>> Yeah.
>> So, let's say let's make it one CDs.
>> I mean, 10 CDs is $1. Let's go with
that. So that makes it 10,000 cities. So
now he's making 20,000 cities. Now if he
chooses to go and build it will be that
much faster and he has he end up having
two. So that's compounding. It could be
anything. It could be investing in a
dividend stock. So from that cash flow
angle, I agree. Okay. You could have
easily bought a car wash for that amount
as well. You get the same. So if if he's
coming from the angle of instead of
rushing to go and build a house, you
should focus on getting some sort of
cash flow
before I agree.
>> But I, you know,
>> how about on the angle of owning a land
instead of getting, you know, an apartment?
apartment?
>> Well, $55,000
for apartment in Chado. I have I haven't
seen it around.
>> Yeah, it's happening. It is is one of
the big ones. Um one of the big
companies um real estate companies.
They've started it. I I don't I don't
want to do free adverts so I'm not going
to mention but this is what we do.
That's why you should get in touch with
me. Um I don't know the time you see
this maybe the price might have gone up
because every three months, every
quarter this price is shoot up but yeah
it's it's it's currently happening. I
can introduce you to it. Um and the what
I want to butress on is people need to
take this out of their heads. It's not
everybody that's meant to own a home and
ownership in as I think especially for
Africa we think ownership is pride. For
me, that's what I'm saying that if
you're able to buy this apartment, it
saves you the time, the energy running
around to do all the checks um and to be
scared. Ah, is Mr. Kofi going to come or
sister? Am I going to say this land is
mine? Um, so that's why for me I always
in I always advise firsttime buyers,
investors whether diaspora or locals to
just go into buying a unit looking at
the whole process as a business getting
some returns from it and then rather use
that returns to invest into other ventures.
ventures.
>> Right? So if you are saying that you
cannot you should go into apartment for
the sole reason that land is risky. risk
come from not knowing. Uh and the land
the land sales in Ghana unfortunately is
not as smooth and clearcut as we wish
for it to be which is why they have
industrial expert like myself. I've had
people that bought land, they've never
stepped a foot in Ghana before, go
through design phase and build a house
before they ever step a foot in Ghana.
So you do have those people out there
that have taken all the risk. They
guarantee your money back in the
contract. If anything goes wrong, it's
not on you to buy it, right? cuz most
people go and try to buy the land
themselves. There is no guarantee you
don't know that person. But if you have
a company that has an office, they have
a brand and you have a contract. A
contract is binding in Ghana that's
guaranteeing your money back. If
something goes wrong, then you there is
no risk.
>> So I've seen a plot of land, let's say
somewhere in Chado, >> right?
>> right?
>> How do you legitimize
the process for the buyer? For my business,
business,
I like to go in for a big track of land.
The reason why I do that is because if I
go for a big track of land, I go and
take the risk myself as a business
person. I do all the due diligence. But
in Ghana, that's not enough. You have to
test the land. So, I rather go for 100
acres and then do all the due everything
is fine. But until you go and test the
land, I've had land with a land title.
You go test the land and now you have
issues. So if it's just one plot,
>> test the land. What does that mean?
>> You try to work on the land.
>> Okay. Try to go build a fence or try to
go dig foundation. At
>> what point in the process would you test
the land?
>> I like to go immediately once I make
some deposit. So you don't buy the land
outright and give somebody 100%. Before
you go test the land and this is coming
from personal experience. My first I
didn't lose it. I knew what I was doing.
I did all the due diligence actually
with a lawyer. Everything was correct.
But once I went to work, somebody came
and I had to go to court for two years
and I won and I'm back. But if I would
have made a deposit and went to test the
land, I would have immediately probably
I wouldn't have had to pay the court,
you know, fees from my pocket. I was
going to deduct it if I wanted to fight
it. So you can test the land while you
haven't paid for it and you immediately
will find out in Ghana the moment you
dig the ground whatever is it will come.
So, I like to go for a big truck of
land, do this testing before I open to
the market.
>> And you sell it yourself
>> and then I sell it myself and I give
contracts to guarantee your money back
if anything goes wrong. Because the
reason why I'm doing that is because
I've tested it. I've done the paperwork
is important. If you go to court, you win.
win.
>> But the money you spend, the time, most
people give up. You see the problem I
have with what COD is saying now is look
the average Ghanaian that wants to own a
home how can they use your model to own
a property. So it's it's very easy. Now
in this part of our world, people are
just looking at that's what I'm saying.
Ownership ownership is not the way like
I own I own I'm the boss. I'm the
chairman. This is for me is the reason
why a lot of people are not getting to
own this homes because all you need to
afford a $55,000 property is to get
three friends, five friends that could
be able to reach 10,000. That's where we
are coming. That's a strategy. It's a
business. Real estate is not um like a
child's play. is a business. You need to
think deep and have a strategy around
it. So I'm not saying that you need to
come up with all the money. I'm saying
you need a foot in the room.
>> How do you get that foot in the room?
>> So partnership, you said an average
Ghanaian, that's why I'm coming from
that angle. You're an average Ghanaian
earning a certain amount of money per
month, but you still want a foot in the
room. So to get a foot in a room, you
need to partner. That's the strategy. I
even had people in the top level when I
started real estate, you know, I started
from property management. So I I dealt
with big like companies. I worked for a
big company and then people even at that
level put together and have a trust fund
and this were millionaires. They never
bought a property. Away from trying to
get the property, he also serves them
with security. If anything is to happen
to any individual liabilities and all
that's like more details, but they don't
get to bear all the liabilities or it
doesn't affect their properties because
they purchased as a trust. And people
need to start understanding how these
things work that you don't need to go in
as an individual to make sure you have a
foot in the room. That's all you need
because what's going to happen after 3
years of buying that unit is that if you
guys are renting so I give you a typical
example I had friends who put the money
together and buy they bought Embassy
Garden at a time off off plan sales they
got it for 65,000 some even got it
100,000 after it was built you know what
they started doing they started buying
people out because some friends were
using their money to chill others were
saving and building momentum so after
some time they say hey how many% do you
own in this one 30% I want to buy you
out. So we need a holistic approach to
the real estate industry just like you
go buy shares from a company buy shares
from anything you're doing you can
actually do that in real estate
>> right so that's that's I think you are
talking on a high level so I don't think
that would be an average Ghanaian the
average Ghanian probably don't have a
friend who can cough up $10,000 when
they are ready to cough up the $10,000
they are not in that circle yet
>> I I beg to differ the average Ghanian can
can
>> how do you
>> go out on every Friday Saturday and
Sunday, go to the beaches, go to the
clubs, go everywhere. People, I'm
telling you, are not really calculating.
A lot of Ghanaians don't know about
budgeting. If they actually will write
down the money they spend on food,
transportation, and certain things, they
would know that they can come up with a
$10,000 giving yourself a duration.
>> They might have the money, but we are
talking about reality here.
>> Yeah, really. So the reality is the
average Gian probably don't trust his
brother to go and do this business with
them, right? That's the reality. Uh we
are unfortunately they very selfish on
this grounds, right? So we are looking
okay me and my family that's that's
that's what's going on right now. Me and
my family.
>> So the average Ghanaian is looking into
buying land having space. They are used
to that. They are used to that having
that space with their family and that's
what they are thinking about. So the
average Ghanaian who is trying to build
wealth might you know there are some
circumstances where people can come
together great but some people are
looking out for them and their family
first and maybe they can go ahead to do
what you are talking about being more sophisticated
sophisticated
>> that's why I want to disrupt that
thinking it's not right it's not a right
thinking we need to disrupt it now think
about it we are talking and saying Ara
is choked right but what are you seeing
currently happening all the old houses
demolished rebuilt into sky skyscrapers.
That's where that's what I'm saying. We
need to start thinking holistically and
about how we want to move this thing
forward. If all you care about is the
space and you you see from the like 80s
uh I don't want to go like the 80s9s
what they do is they get a 70 by 100 ft
of land. They build a twobedroom in one
corner and all the other land is left
there. Today those glance they are
demolishing them laboni easton and
they're putting up high-rise buildings
because I'm telling you all people need
is a fruit in the room. All what he's
talking about about families securing
them. If you look at this approach now,
I will also want you to cap the average
Ghanaian thing on how much like define
it maybe in cities or in USD per month
so that it makes the conversation very
realistic because for me
>> how much is the average Ghanaian
>> as we speak
>> the average Ghanaian salary is not more
than 800 cities a month.
>> 800 Yes. >> Yeah.
>> Yeah.
>> Well, if you're making 800 cities a
month, I think you are just
>> you you are not part of the game. You
have to think about how you can increase
your income because 800 cities a month
>> just to feed yourself and transportation
you are out.
>> Thank you.
>> You are back to zero. So you have to
increase your skills
>> and try to earn more. 5,000 cities
10,000 cities you can. We know people
down here in Ghana who are making that
amount of money even working for other
people. You know, let's say you an
architect or you are a QS, you know, you
might go for your job. They pay you
maybe 3,000 CDs a month cuz there's a
bit of a high level skill. You shouldn't
you shouldn't you can go ahead and get
side gigs to make more money on your own
over the weekend. You shouldn't settle.
So, I think the average Ghanaian if they
push themselves, you can set up
something. You know, Ghana, we are it's
easy. We can easily set up businesses
and you with 500 cities you can start something.
something.
>> A lot of people in the comments are not
gonna be very happy with you saying that
it's easy to make money in Ghana.
>> Have you seen
>> you know actually I got a personal story
for you guys. I came to Ghana with quite
a bit of money.
>> I went to court. I lost I was a trader
stocks trader. I lost all my money here
in Ghana. Started from zero and two
years later here I am. I've made more
money in Ghana than I've ever made in
the States. Bro, on the conversation of
money in Ghana and Africa, I think I'm a
living example. I'm a living legend to
it. Um, he came from the States and I a
local built a business here and took
that business to different African
countries. I'll always echo this in the
ears of people that wealth strives more
in locations like Ghana, in locations
like Nigeria because there's a whole
drive and demand for things. And I I've
said it before on this podcast that
Africa still got the virgin lands.
Africa still got the manpower. Africa
still got the youth. So it tells you how
vibrant we are. It tells you the kind of
energy we have. Um you you look at the
news and you see the whole Europe, they
need like a number of youths to catch
up. In Canada, they need that. So that
tells you the labor that we have and we
are blessed with here. There's money to
be made in this country and in any other
African country. It's about positioning.
It's about mindsets. It's about
strategies and thinking outside the box.
If you put yourself in a place where
every time you're thinking about this is
how it's been done. This is how it looks
like then you will not have it.
>> Okay. So the conversation is that
>> you came from abroad. >> Yes.
>> Yes.
>> You have the ability to travel back anytime.
anytime.
>> Right. You
>> I fight for my visas. Uh well look this
is how they're going to see you. You are
the be that's how most people are going
to see you. So how they going to start?
How did you start?
>> Ah so I I like I tell you um like I said
earlier I start with property
management. All you need is a leg in the
room. So property management of facility
officer. We were just called on to
change the bulbs to check the sockets
but I had a background in civil
engineering because that's why I studied
in school. So I somebody would have been
thinking I should have just moved to the
construction site and started doing
building no property management. Then I
started volunteering for sales and
marketing. Today people say hey top
sales guy, top marketing guy. It was
because all my weekends I dedicated it
for all the sales exhibitions my company
was going to. I told the sales and
marketing director, please if you're
going hook me up, carry me along. And
then I gave myself out for that 8
months, bro. It didn't take a long time.
Why? Mindset, mentality, reading,
getting outside the box. 8 months in
that company, I told myself, I think I
can do this on my own. I still didn't
take that step. God had a beautiful way
of getting me out of that company. And
this is COD. You see, this is what we've
built. And the amazing thing about what
I have done is not just about me.
Anybody follows me on the socials, I've
been able to plant this into a lot of
the youth, into a lot of the other
people. I've reproduced more of Coods.
That's my that's the beauty of the
journey I have built to tell you that
you can do it in Africa
>> without any parent giving you money to
>> there's no parent. My first master class
I did was how to do real estate with
zero or little capital because all I had
was my personality, my voice, my ability
to talk before the camera. You see, you
build on your strength. Somebody cannot
talk before the camera. But can they
sketch? Can they do architecture? Can
they now tell the the people need to
think like this bro? The reason why you
are where you are is because you think
that the in quote common knowledge you
have everybody has.
You know there are people who think that
ah this podcast thing is just putting a
camera and no even behind the scene of
this particular interview now can be a
whole breakdown master class on how to
set up a studio but there's a
videographer sleeping and crying every
other day that there's no job but they
don't know that even putting a lens into
a body frame camera people think the
camera comes together built
>> that's great because I remember when I
started recording videos I did not know
what 1080p is, 4K. I had no idea. I was
like a a baby that just came in the
world. So, I had to literally watch
videos on every single thing. And that
could be you. What you said, giving this
education and you get paid for it. >> Exactly.
>> Exactly.
>> I believe you can start from scratch in
Ghana is easier than any
western country that I know to start
off. Why? Cuz you mentioned that you
people pay people 800 which I think is
quite low, but that's the reality on the
ground. So, you can start anything and
be able to employ someone within a
month. When you're in America, where
where I came from, if you're trying to
employ somebody, your bill is about
$45,000 minimum a year to help you out.
Do you get it? If people can't, why
aren't they? It's a mindset. Uh we think
we have to go to school and get a job
with, you know, how we look, right? Like
what we do is not pretty. I'm in the
bush all the time selling land. You
know, somebody will look at me like you
an accountant working with KPMG was I
mean when I was coming I heard I heard
the stories you know but the money is in
the bush here in Ghana it's in the bush
it's not in the office. So you can look
all student and tied you can struggle
and sit home for 15 years you go get a
job and you're not getting paid well. So
those days are over.
>> You you you've been in Ghana for a while
you have seen
>> four and a half years now
>> right? So you have seen
how people act, behave, mindset,
whatnot, everything. >> Yes.
>> Yes.
>> What do you think is stopping people?
How they look and thinking that they
need to be saved by someone? People feel
powerless. People don't believe in
themselves and they care too much about
what other people think of them. So
that's hard for them to start anything,
right? Imagine if I cared about going to
the bush. It's funny because I actually
work with the chiefs and stuff like that
and it's it's crazy because they can see
how much money I'm bringing to them and
what I'm doing. They can see it.
You know, I can understand somebody
standing outside and having this
opinion, but even them they ask me why
are you in Ghana?
>> I'm like, you see me making all this
money, what are you talking about?
>> So, it's a mindset thing
>> that they are not even aware. Do you get
it? People are talking about you came
from America, you can go back. I haven't
gone back to do anything since I moved
from America. I haven't gone back to
make $1. Let me stop you here for a
minute. We are on a journey of changing
the minds and the lives of people. So,
if you haven't subscribed and become
part of the family, please hit the
subscribe button and turn on the
notification. Thank you. Now, let's
carry on with the conversation.
>> How do people get the awareness?
>> People need to self analyze how they
talk. Sometimes somebody will see
something and I've heard it plenty of
time and they will say, "Wow, the white
man is so miraculous." >> Okay.
>> Okay.
>> And they're not even aware.
Have you heard that before? >> Yeah.
>> Yeah.
>> They're not even aware. So the white man
is so miraculous. I mean, they they
can't compute themselves being able to
do something like that. Let's saywami
has heard everything you've said. So
he's decided that he's going to increase
his income and he has done exactly that
and he's come to you with 10,000 cities
every month consistently. How can they
own a plot of land? So my way of selling
land is basically I think the cheapest
land I have right now is 85,000 Ghana city.
city.
So I do 50/50 but I'm a human being. Okay?
Okay?
>> Right? I'm a human being. So people come
to me all the time with their own
stories. I want to buy land. I don't
have the maybe you might not have 10,000
maybe you might have 30,000 you
shouldn't start with okay I'm going to
pay 10,000 for 8 months that's too long
but I might still you know work with you
because I see somebody who's trying to
make something out of themselves it
happens all the time I do it I might go
to somebody I bought a building and I
went to the person like you know
initially I was actually working with a
person that he wants outright purchase
or 3 months payment and I have other
things going on when I decided to buy
the building I'm like okay I'm not going
to be able to pay this in 3 months. So I
went to I'm like, I'm a young guy, you
know, I'm trying to do this. I think it
will benefit me to buy this building for
my office, so can I pay it off in a year?
year?
And he said, "Sure." And I ended up
paying off within like 5 months. But he
in turn decided to now sell his other
units and take payments for a year,
right? He changed his mindset.
So, you can go in a room and request for
things that you think will benefit you.
I have an example not long ago. Um, this
this couple that I did a consultation
with, uh, they were trying to buy this two-bedroom,
two-bedroom,
I think apartment for 150.
And they came to me, I look at the
numbers, I'm like, you guys can reduce
it. It was set in stone like proper
these highrises that everything is
there. You cannot really wiggle the
room. And I don't know, they got some
courage and they went for it and they
reduced the price by $15,000.
So it all comes down to you being
convincing and knowing what you are
talking about and the person behind the
business or that opportunity is a human
being. And if you are convincing enough,
you might get exactly what you want. If
that same person brought the 10K to you
consistently every month, this is
Brawami. How can you help him get on the
investment um luxury hall?
>> So, so I'm going to rub you in in still
looking at the the partnership. For me,
I'm saying ownership just goes beyond
personal. So, I'm going to get two three
people like you because like Rush said
earlier, let's say um $1 is 10 CD. So,
10,000 will come up to a,000 USD. If I
get three people like you, we can hop on
a program $3,000 monthly and then we can
get into um buying one of the offplan
project. I keep saying offplan project
because it gives us the room to pay over time,
time,
>> but it's a lot risky.
>> 36 months. No. So, we're going with the
big players. That's why you're dealing
with a professional. I have an inside
information of everything. If you go,
you see, that's why people need to
understand. I I see a lot of people they
don't want to go through brokers or go
through lawyers um to get an apartment
or to get a real estate investment. We
don't do that anywhere in the world. You
need a professional. You can go directly
to the developer thinking you get a best
deal. But your business is a one-time
business. I've been working with the guy
for 7 years. So you are going through a
marketing person. I'm going to the CEO.
That's why I can get you the best deals.
I know the names. I know the board of
directors. I know how this is. if this
is a JV, if they own the land, they own
everything, I get to see all those
details and do all that work for you
before you come into play. So when I
tell you we're going for this, there's
been developments where I had clients
call me and I said don't go for this investment.
investment. >> Okay?
>> Okay?
>> And two years down the line, they come
back and say, "Thank you." So when I
tell you go for that, go for this is
because I've done all my background
search, all my due diligence, and I know
this is a hit and that's the kind of
investment I'm going to allow them to
do. So today I'm very king on
partnership. I'm very king on don't be
that individual that's so selfish and so
self-centered to think you want to own
everything. It's going to take you
>> maybe 15 10 years to to do the same
thing 5 years you would tell me a young
person making 10k every month
>> who is thinking of having a family
>> to put the money together with friends
to go and buy a property when I want to
own a place.
>> It's the same thing with the land. Did
you hear everything he said? He said he
goes even at the level where he went in
with his lawyer, had a land certificate
and everything, somebody still
challenged him. There's risk on every
level. There's the approach where you
you need to sit down and ask yourself
what you're looking for in the market
because the the benefits of real estate
are so enormous, but you need to take
the boxes and be realistic to yourself
what you're looking for. I am saying
with this apartment that you own, think
beyond just owning it. Once you have the
document for that apartment, now that's
security. You can use that as a leverage
for a bigger loan because now this one
you have is titled is physical is there.
You can go drop it in as a down payment
for a new mortgage. So you guys can
start building a portfolio of real
estate from there. You can use the
income from that same apartment to go
into building your family.
>> I think I for the investment side, you
do have to diversify, you know, partner
with people and all that. bad thing for
security, right? Cuz I mean,
partnerships break break up all the
time. And if you have a family, like you
know, Derek just said, and starting out,
you want to you need some sort of
stability before you start to be too
sophisticated and doing all these
things. It's great. We need to work
together. I invest in companies. I
invest in people. I partner with people,
but I own my primary home free and
clear. So, some people just need that
foundation. You need that foundation,
right? Because some people are very
sophisticated. They don't need to own
anything. There have people who have so
much money and they don't own anything
at all. But these people know how to
move money around and stuff like that.
>> What how how much would your primary
unit? You're talking about your primary
home for maybe
husband, wife, one kid. What would be
your average pricing?
>> Sometimes sometimes like I think I gave
the example of if you are just starting
out, we're not talking about somebody
with a lot of money. So, if you are
buying like a $5,000 land, $6,000 land,
$7,000, there about if you're modest,
you can execute and build something for
like $35,000, which is like 35 $30,000.
Uh, if you're extremely modest, you can
probably do for like $20,000 depending
on your taste for finishes.
>> So, can I chip in some things? I've had
so many friends
>> who work in should I mention the name?
Okay, they work around these areas,
airport, acra, central, bank of Ghana.
um um Ghana airports authority aviation
and they they were so happy that they
got some loans from the companies and
they bought land in in Sam Kaswa and
then uh they built this very modest
three-bedroom and everything and over
time they all moved back into the town
or into the city to rent because to move
from that location to work every day
they had big problems and you see that's
what I'm saying you're saying that 5,000
for the land 20,000 modest motors that's
25,000 if you can raise 25,000 I don't
think that you should go own and home at
that stage of your life >> why
>> why
>> get two three people come together do an
investment let me let me let me land let
me land do an investment
>> that investment is going to be $75,000
worth it right now you're going to get
your rental income from it let's say
that unit 75,000 averely chado um laboni
You can do $1,0002 to $1,500.
So divided by the three people, $500
every month coming in. You can get a
beautiful place to rent out of that
money. Remember, you're not going to use
your cash flow. So your monthly salary
that is going to come after that is
going to be in your savings in your
passive income amount, $500. You can use
$200, $2,500 or 2,000 CD to get a nice
place very close to your work um um your
your your your workplace. And then you
use the 300 in your savings again and
that's how you build your family.
Ownership is that owning the thing
having a primary at the end of the day
health you need to think about your
health sitting in the trusty or driving
3 4 hours every time. So there are a lot
of angles to the conversation that if we
want to be really really realistic then
let's be realistic owning you need to
own you can own a $5,000 land wallet put
a security post there and over time you
go there to develop it I would subscribe
to that
>> that's that's a great one as well but
maybe the person doesn't work at the
airport like you're saying so what I'm
saying is I'm not saying everybody
should go buy land everybody should
actually buy land doesn't mean that you
should go build your primary house on it
but you should buy land because Ghana is
a developing country and there are
people who bought land in need for
$1,000 about 30 years ago. If they
didn't buy it right now, they'll be, you
know, they'll be they they will be mad
at themselves. So, buying land is a way
of building wealth long term. You might,
depending on your circumstances, you
might not have to build your primary
house on there because it doesn't favor
you with the transportation like you're
saying. But some people, most people in
Ghana operate their own business really.
There is not even jobs to employ people.
So, if you're your business owner, you
don't have to worry about that rent
you're talking about. Then you have your
space. You can have your own office
space there and all that stuff, right?
The issuewami is having is
what to check for when he's buying the
land. If this is not your field, just go
to somebody like me or other trusted
real estate companies
and go buy from them. People have
contract that they will refund your
money back if something goes wrong. So,
you don't take the risk. That's what we advise.
advise.
>> Is this industry regulated? The whole
you know um
>> people like yourself and people like
yourself industry regulated registered companies
companies >> regulated.
>> regulated.
>> Yeah. Regulated currently they've passed
the bill. So you know they've started
registration of brokers. It's happening
already. There's a real estate council.
>> Yeah. They're going to give licenses to
different um real estate brokers and
companies. There's associations like
Greda, Ghana Real Estate Developers
Association. There's GREA, Ghana Real
Estate Professional Association, there's
Garb. So, all these ones are there.
That's why I'm saying you need a lot of
education. But let me take the
conversation out of Ghana a bit um into
Lagos. I don't know if you follow this guy
guy
um on um the real estate market in Lagos
where he goes he shouts P1 real estate
company. I don't know if you've seen any
of his videos. You need to check that
guy out. And the company like that I I
can't give the full details because they
in court and they are going back and
forth. But that company is selling land
to people and they're selling hope that
um once you buy the land you're going to
get this particular one. Now rush away
from this is my friend is trusted. But
how many people would get opportunity to
chance on rush before they are duped by
their nestand purchase. How many people
can come from the diaspora and with
their two weeks vacation do the test to
go and get the buddo and go and get the
back hole to go and test the land. How
many people you know some we talking
about the average Ghanaian. Now let me
tell you the thing about the average
Ghanaian by the time they're able to
raise the $5,000 that's their all. They
don't have the money to go fight in
court. They don't have the money to go
do any testing. They are just buying it
because they've been educated by their
parents and their uncles that is good to
own a land.
which is good, brilliant idea. But I'm
saying if that's all you can come up
with, even if you can come up with the
25,000, it's not enough to save you from
the dooms of land. We know realistic
you're going to pay lands, you're going
to pay digging fee, you're going to pay.
So there's a lot more other cost that is
hidden in there. That's why I do a lot
with the people from the diaspora. I
want to be realistic with them. Hey, if
you're coming in and you're not getting
certain trusted people to buy the lands
from, let's go this route, >> right?
>> right?
>> It saves you the peace, gives you the
room to grow, it gives you a foot in the
room. Never forget that,
>> right? So, if you're talking about
African, I think now we are moving away
to the diasporants, which is like my
biggest market. Most diasporans like
myself, we live in apartments where in
New York and stuff like that, they are
tired of that. They don't want that.
They don't want to be in the city. Most
people the diaspora if you're talking
about the diaspora they want they want
the suburbs and they want to come and
have some compound to grow their fruits
and all that stuff. So they coming with
a different agenda. They want the land.
So we have to solve the problem. Just
because there's a problem doesn't mean
we should run away from it. Other
countries people buy land and build all
the time. So that's what I set out to
do. And that's why I'm saying you said
one you you give an example of one plot.
The reason I want I pro probably will
direct you to my my personal lawyer that
I trust is because I'm not going to go
and test that land for you and all that.
There are certain things that I have to
do aside from the basic uh
documentation. And another thing is I
have to know the person. So if I'm
dealing with a family of 100 acres, I
know where to find the people that
taking the money for myself. So I'm
taking a risk. I will pay the client
back if there's anything and then go
take them on. So I'm not really taking a
risk. I've done a lot of work and the
reason why I take a bigger portion of
land because I get to test it. Not
because when you buy the land you have
to come. I've done that already because
you have that guarantee money back. So
when I say testing is me testing the
land. I go and take like 100 acres. I
test it. I'm like okay this 100 acres is
good to go.
Then I demarcate it nicely and I start
selling to people.
>> So that's what I'm saying. So what if
you never get to meet people like Rash
and for some Exactly. you're doing it on
your own,
>> right? And for someone,
>> yeah, who has not come to you but has
had to go to, you know, yaba in one
corner, what are some documents they can
look at?
>> Right. So, there's a few there's a few
things. The most important and common
one is the land title. If the person has
registered a land, they will have a land
title with them. And that one is the the
most common and easiest. However, it
gets a bit sophisticated sometimes
because I went to court. I had a land
title, but the person claims they have a
judgment. There can be a judgment that
supersedes a title.
>> There can be a judgment that supersedes
a title. That means not all judgments
supersedes a title.
>> Not all judgments because, okay, let's
say I'm a chief of this town and I'm
fighting with someone
>> and I go to court and usually the
chiefs, they have big portions of land.
The court might give you the right to go
and repossess all the land, all of it.
So, whoever had a title in there that
didn't come from you,
they have to pay you. They have to
regularize. I've seen some bishops. I'm
not going to mention the name, but I
sold this apartment to a client.
And the person that had it before, I I
realized they had two different
documents because this this highrises,
they had to regularize, right? They
won't come and take down the building.
So if I'm a chief and I want this land,
the court is giving, first of all, the
court can tell you to just go and take
the vacant land and each individual
that's on the land,
you have to take each one to court. Like
they won't give you the right to go and
approach those people. There's a
situation like that. So the judgment is
written by a judge. So it depends on
what they say. There are situations
where I'm actually on the land right now
that they give them the right to go and
repossess all the land. So people that
bought from the wrong people have to
come and pay the second time. It's not
easy for them to come and knock down
your building. But if the land is empty,
they taking it. So it gets a little bit
a little bit complicated.
>> Now you're being realistic. You get it?
>> It get a little bit.
>> That's what I'm saying. Um even on a
land in G East um where there's a
judgment, but the only reason why my
owners are saved is because the judgment
was very specific. Like you said only
the vacant lands will be repossessed but
the ones with a structure on it
>> that one we don't have to go pay
anything. There are judgments where it
covers the vacant and the possessed
lands already you got to go back and pay
money. Now let me give you a typical
example when this whole real estate rush
thing started in 2019 after the year of
return the influx of the diasporans and
everything there were families where
they didn't have a lot of education and
then they are educated people. So I give
you ch
there is the trust and then there's the
family that gave the land to the trust
to sell on their behalf. So they give
them the power of attorney to sign to
get a title. Now they in court about 700
to,000 acres if you know anybody who
wants to be real with you in certain
parts of cho you can't get a title but
people are still building there. So
these are some of the conversations why
by the time you run an average Ghanaian
and diasporan or somebody looking to
come into the industry through all this
they might be discouraged and let's not
say that we've not seen the lot of scam
stories that people have on the internet
it's because people were not real with
them from the beginning to tell them
that this is what's behind and this is
what you're going to face so be prepared
for it and that's why I want us to be
very realistic because if you meet Rush
>> even me at a certain level of investing
in land. I told him earlier before the
conversation, hey, I'm going to come to
you. You get it? Because I play in the
industry, but he has specialized so much
in a certain part of it that yeah, he's
comfortable. He's ready to fight. He's
won a court case. So, he has the
background and he knows what to do now. >> Right.
>> Right.
>> But what if what if you never get to
meet people like him?
>> He's right. That's why you said the one
plot, right? I mean,
the the land I went to call for, the
people lived there for 20 years. They
were living on the land. It wasn't
vacant land. There was a business there.
So that's what I'm saying. You don't
know until you test it. That's why I
personally don't like I don't get
involved in land that I have invested
myself way in advance. So you can't come
to me and say I have this one plot that
I will give it to a lawyer. They will do
their basic search and stuff. That's all
you need. But if you want land that you
want your peace of mind for me to
guarantee your money back, I have to go
and do some works. Aside from this
paperwork, I have to go and take
possession. I bring my guys. I grade the
land. I do whole bunch of things without
taking anybody's money before.
>> So what you're telling what you are
telling me is that I have saved so much
money. I'm now 55 years old. I'm I live
in the UK and I'm trying to move to
Ghana. I should not go and buy a
property a land.
>> I say you should buy land for me.
>> Okay. And then I'm going to guarantee
your money back
>> because what because what you're telling
me right now is that every single
document you have here
>> does not guarantee
>> Thank you.
>> the lands safety. Meanwhile, it should
have been the highest form. The land
title certificate should have been your
highest form. But >> sometimes
>> sometimes
>> I don't know if Russia has faced it. The
same land you can have two land titles.
>> Some people have some people have had
that. But that's people are really
connected. That shouldn't be the case.
>> It shouldn't be.
>> For example, have land in PR pram title
land before the title there's a
judgment. You can't have two different judgmental
judgmental
>> you can't have two different judgment
valers. It doesn't it doesn't work that
way. So usually often times most land
that I deal with already it's already
been in our courts. So before you get to
a title they have a judgment. They fall
on the land before the court has ruled
in favor of one family and then they
went ahead to get a title. Can they go
back to court again? >> No.
>> No.
>> Why? Why? So if you if if if
>> if a judgment was passed on the land
that the two of you were fighting over
and then you know the judge gave the
land to you, right?
>> Can somebody else come in a third person
come and take it back to court?
>> Yes. Some people you can but you're not
you're not going to win. It depends on
the situation. Unless the judge was
wrong, a lot of things can happen in Ghana.
Ghana.
>> By the waste your time and put an
injunction on it. I'm facing the same
problem. I'm from I bought a land. I did
a search. You see the lands commission
is supposed to be the highest authority
that confirms ownership of land. Now I
went to the lands commission did an
official search. Took me 14 days to get
my full comprehensive report. Alone alia
ownership everything he's saying. It
gives you history of the land. Hope
everybody who has won. If there was a
judgment, the details the lands
commission can print the judgments. You
can read it. I saw everything all the
way to the guy who was selling it for
me's name that his title was in the
process. Only for me to try I paid full
for the land possessed. Nobody was
coming. Only for me to go and try
register the land from the guy. He he
signed my indenture to get my land
title. And then when we got so there are
I think there are three or four
divisions in the lands commission that
you have to go through. So we got to the
PL something is the plotting division
>> MV [clears throat] pl something MVD or
something the plotting division and then
I was told that there's a mother there's
a mother
>> that has been put. So now I can continue
my work. Listen to the advice I was
given. This is like unofficial advice.
Go continue your work. Make sure your
property is painted.
>> So even if it's block work, paint it
because in court those things help you.
But we can't give you a title. >> Wow.
>> Wow.
>> Because there's there's an injunction.
Now this person knows sometime they know
they don't own the land. But once they
get in court and get an injunction,
they're going to waste five, 10. There
are court cases today in Ghana's high
court that has run all the way 50, 30,
80 years. Regardless of the problems,
can we still get lands and build our properties?
properties?
>> Yes, you can. That's that's what I'm
trying to get to. There are problems
there. For example, that's why I like to
get 100 acres of land or something like
that that I'm working on because the
same document governing the whole land.
So, you see people have land. I sold
land to over 200 people. Okay. and they
are developing going through the process
smoothly because if that title that you
are talking about one individual I
that's why I don't like dealing with one
one land here and there I don't I don't
like that I like a big track of land
under one document so the rest is really
on it's one document so the rest he's
talking about is just you can start
small one for me that's my work on one
two plus grading that's my testing
everything is fine documents are right
ground is cool then I'm good to go then
every other person that comes falls
under the same you know umbrella doesn't
mean that I'm in control of the whole
Ghana but the stuff the little that I do
I make sure that I avoid all these
issues because what he's talking about I
have actually been through that's what
I'm telling you that the people living
there I cannot guarantee no matter what
work I do for one plot that I have
nothing to do with that you just come to
me like I have one plot rush help me
I'll I'll move you to a lawyer cuz the
people I'm dealing with aside from the
documents I know them very well I know
their lineage
I have to I have get to know you very well.
well. >> Okay.
>> Okay.
>> Because everything can be right and me
everything can be right and it can still
turn on you the people you are dealing with.
with. >> Wow.
>> Wow.
>> Can you ask a hard question for me? No.
I'm saying that if it's rush rushing
properties we can guarantee.
>> We're talking holistic. We're talking
the industry or
>> is it safe really safe to buy land in
Ghana? that that I think should be a
question you should help.
>> I think that should be something that
they should try their best to make it
easier, but it's not it's not easy for
the average Ghanaian to buy land on
their own because it's very it's very difficult.
difficult.
>> Well, but I mean even the apartment is
still on the land.
>> It is on the land. That's what I'm
trying to tell you. But but I'm telling
you, I've been through this process
before where the apartment they paid to
get it regularized.
So the most important thing is as much
as we are talking about the title side
of things, right? So in a in a case
where the court gives a judgment for
somebody to even come and repossess the
land. This is why I advise people don't
buy land and leave it there for the sake
of living it there. If you buy the land,
that's what they were advising to go and
paint it. If you buy the land and you
develop it, no matter what,
>> for the average Ghanaian,
>> you're going to be okay.
>> They don't have the money to build immediately.
immediately.
>> Watch this. I I put some data together,
researched and I realized that this
could be the reason why this is
happening in the urban areas.
Let's take Ara for example, right? 18%
of people own their homes. 18. But when
you go to the rural areas, about 38% of
people own their homes. Could it be
could this be the reason why?
>> It could be the reason. First of all,
land in Ara is quite expensive.
>> Okay. and other parts of Ghana when you
I think I think I think we've misled
people here we are talking about Ghana
it's not it's not Ghana this issue is
acra issue
when you go to other parts of Ghana
north they even give you land for free
other parts of Ghana land is so cheap
like people are not fighting over land
as much it's it's Ara this issue is
really Ara issue and now you can add
eastern region to it because the bra is
high and all that stuff right it's
>> shanty region it's happening
I thought it was well regulated over
there with the with the royal family and
all that.
>> No, same issue. Oh, you haven't seen
them. But for is always tooling people
because of these things and sales and
another one goes to sell.
>> Some of the issue is greed. That's why
that's that's why I got to the
individual right cuz the individual
could be the rightful owner.
So whoever is selling the line could be
the rightful owner. That's why I
mentioned I have to know the lead. I
have to know the person very well
because you can do all the search.
Everything can be perfect. But then I
sell it to Derek and then I sell it to
CO within a month. You will never know.
You would never know until you are going
to work. Some people can sell it to five
different people and now you have issues
when you going. So it depends on
individual what credibility they have
and all that stuff. Aside from this and
this is not a systemic problem. It's
just greed and the attitude of the
people on the ground.
>> Okay. Now watch this data.
42% of people the entire Ghana own their
homes and 25% of people in Nigeria own
their homes. Why is there such a
difference? Well, the population Nigeria
is quite big. I don't know their land size
size
as compared to the population. That's
something we can look at. And also is
apartments and stuff like that more
common there as cuz Ghana what I do know
is people take pride in owning their
homes and having that space. So that
that can drive a lot of people to own
homes as compared to Nigeria. That's
that's one one example to look at,
>> bro. So it's this conversation is going
to take me to leadership and there's no
way we can talk about an industry
without governance and leadership.
Um Africa is built in a way that if you
don't take care, the system will always
be against you. >> Okay?
>> Okay?
>> And that's typically what's happening in
the top cities in in Nigeria, Abuja, Lagos.
Lagos.
um you then see that even though they
have the large numbers they don't have
the purchasing power because the number
of people who get the opportunity to
chance on certain amounts of money that
can lead them into ownership is not
there. So there's a number of people but
the purchasing power they they are
currently not getting it. So the 18% you
have there maybe that data even if you
go deep into it would come down into a
10 or or an 8% because that's that's
what's currently happening if you if you
visited Lagos right from the airport you
can tell from the mainland driving
through to the island you can tell the
difference from the mainland and then
the island if you get into Abuja if not
for um the top companies that are there
the government the experts you could
tell that nothing is really going to
happen. And that's why for the locals
that that percentage you have that 18%
of people owning their homes. There's
>> so for the people abroad because I think
now we've we've really figured out that
the problem is the land, right? We just
we figured out regardless of the
property you have on there, the land is
still going to be the issue. The land is
the issue.
>> But is Ghana still a good place or is
Africa still a good place to invest in?
>> It is a great place to invest. I
remember 2016 I bought my land. Again,
there are people that balance all the
time. There are people who who don't
give up. I'm not just be careful, right?
Again, for me, that's why I go with
example. I bought land in 2016. I didn't
buy myself. My older brother bought it.
That's where my house is sitting on
right now. And I bought it not because
I'm moving to Ghana just to, you know,
my father's friend advised me to own
something here. This where I'm from,
right? You know, sense of pride. You
know, I think I spent $5,000 to buy the
land. And the reason why my brother's
friend was my neighbor. He's my neighbor today.
today.
He bought the land he was building
everything was good and then I you know
my brother went to him that his little
brother want to buy land so often times
that's what I'm saying is the same
document govern that stretch so
somebody's already in that's what I do
he was already he's already done the
work so if anybody was taking a risk it
was him do you get it that's why I come
in to assess do you get where I'm coming
from so that's I was able to buy mine so
I think you just need to take your time
and understand the process
Yes, there's a lot of risk. That
shouldn't be the case in property
ownership, but that's the reality on the
ground. But there are people buying land
left and right. I've been involved in
over 200 land sales. That's what I'm
talking about. And I've been purchasing
last land left and right. I still have
issues sometimes not to sell to people.
My personal land, I'm actually fighting
somebody right over six points. That's
titled, but I was aware of it before I
even went in cuz I know the game. So, if
I'm selling something to somebody, it's
land that's big. I'm not gonna
[clears throat] I'm not gonna go and
take that sis plus and then sell it to
someone without me testing it because
when I went to work I have issues now
that I got to fight. This is not my
first time doing this. So I just have to
teach them a lesson, right? So you
sometimes have to align yourself with
someone who knows what they are doing.
They have a little bit muscles because
you know it's it's a system that you
have to know how to fight. You know have
to know you have to know how to fight
it. You might not have the time. My
first line case, the guy thought it was
bugger in town. I don't have the time to
fight and he just came to test the waters.
waters.
It had nothing to do with the system,
but it was a greedy individual that just
wanted to fight me on something that was
legitimately mine and I had to fight for it.
it.
>> So, so the example I gave about a man
from the guy's a real estate developer.
He's built over 16 houses in that area
and he was just selling two plots to me.
So he had the mother title like you like
he had already done the security and
everything until I did my search that's
when he got the surprise for himself
that somebody had already but for some
of the properties he had done he was
able to transfer the title a few others
that he was now developing now this new
injunction is going to be placed on it
but away from that the bigger picture
the reason why people are buying
properties in Dubai for and paying off
plan project for 8 years 7 years is
because the government is the guarantor
for all the develop velopers.
>> I see.
>> Yes. So what happens is that you put the
money in an escrow with the government.
So if you're a developer, if you want to
do project A, depending on the magnitude
of the project, there are two
approaches. The developer has to have a
certain amount of money that they
declare and they show documentations to
the government. The buyer of the
property is not paying directly to the
developer. They pay into an account that
has an escro with the developer and the
government. the government will only
release that cash to the developer if
they're able to complete that project.
If that project is not completed, the
government will ensure that the the
buyer has a refund of their money.
>> So this are things we need to do because
I've I've been to Rwanda and in Rwanda
there's an app that every land you see
in Rwanda once you have that app and you
scan it, you can tell every own
everything that everybody that has owned
the land, the size of the land,
everything, the the price detail.
They've been able to build the data so
much like it's an MLS you know so it's
like a multiple listing platform and
these are things that we know we we we
have the education on we trying to
educate the government we're trying to
educate the other people other realtors
other brokers developers on but the
mindset of certain people is the
[clears throat] reason why we are where
we are today my point will still be what
if you don't meet people like rush
owning a land in Ghana without I won't
even mess
is difficult and it might be your worst
nightmare. If you don't take care, you
are going to break down so much so that
when you see land and blocks, you're
going to vanish because if you no pick
one day, let me tell you, go to the
court, tell them to give you their
calendar and take out the land court
cases and go sit there and just witness
it for yourself and you see document to
document. People bring out document from 1980760s
1980760s
and challenge your 2005 one and there's
a whole family that comes with a bus
against one man. It's not a it's not a
very pleasant situation to behold.
>> So I sat here with honorable Kennedy Japon.
Japon. >> Yeah.
>> Yeah.
>> And he says he regrets owning over 200
properties in Ghana.
>> I agree. >> Yeah.
>> Yeah.
>> What's your view on that?
>> First of all, it's stressful. I don't
see myself owning all those homes for
management and all that. You know,
Ghana, you know, uh even picking back up
on the investment side of things. Not a
lot of people are going to rent a place for $2,500. There's some risk there. I
for $2,500. There's some risk there. I actually have a space that I rent out
actually have a space that I rent out for Airbnb. I've been fortunate, but
for Airbnb. I've been fortunate, but there are vacant spaces all the time
there are vacant spaces all the time here in Ghana, right? So, if you have
here in Ghana, right? So, if you have 200 homes, there's a risk of that.
200 homes, there's a risk of that. There's a lot of opportunities in the
There's a lot of opportunities in the business space that you can use that
business space that you can use that money. I heard him say that you can use
money. I heard him say that you can use that money to make so much money if it's
that money to make so much money if it's not in a house cuz a house is expensive.
not in a house cuz a house is expensive. What I'm saying is maybe owning your
What I'm saying is maybe owning your primary home for me is a lifestyle
primary home for me is a lifestyle choice more than investment,
choice more than investment, right? That's what saved me when I was
right? That's what saved me when I was down here. If I didn't own my it forces
down here. If I didn't own my it forces you to own something, if I didn't own it
you to own something, if I didn't own it and when everything crashed, I didn't
and when everything crashed, I didn't have to worry about paying somebody rent
have to worry about paying somebody rent and all that stuff. You can figure
and all that stuff. You can figure things out. Just got to think about what
things out. Just got to think about what you're going to eat today and you can
you're going to eat today and you can figure things out cuz you know where to
figure things out cuz you know where to lay your head. So it's a more of a
lay your head. So it's a more of a lifestyle choice. If you look at the
lifestyle choice. If you look at the return on capital, it might not be the
return on capital, it might not be the smartest investment, right? Owning your
smartest investment, right? Owning your home because you have to maintain, you
home because you have to maintain, you have to do this, you have to do that.
have to do this, you have to do that. But if you have that house and you are
But if you have that house and you are broke, you don't care about maintenance,
broke, you don't care about maintenance, >> right?
>> right? >> You're okay. You get you care about
>> You're okay. You get you care about having electricity and water, painting
having electricity and water, painting and all that stuff. When you figure
and all that stuff. When you figure things out, you paint it, right? So for
things out, you paint it, right? So for me, I look at that more of a security,
me, I look at that more of a security, having a base, knowing that your family
having a base, knowing that your family is not going to live on the street. It's
is not going to live on the street. It's guaranteed. In Ghana, when you own your
guaranteed. In Ghana, when you own your home, property tax, how much is it? It's
home, property tax, how much is it? It's not something that stresses you out. No
not something that stresses you out. No matter how broke you are, property
matter how broke you are, property taxes, I've never heard somebody that
taxes, I've never heard somebody that said property tax because of property
said property tax because of property tax, they've lost their home in Ghana.
tax, they've lost their home in Ghana. So, from that lifestyle choice, I think
So, from that lifestyle choice, I think it's Ghana if you own your home because
it's Ghana if you own your home because there's not a lot of bills once you own
there's not a lot of bills once you own your home. I think it's is great. It's a
your home. I think it's is great. It's a great lifestyle choice. And after that,
great lifestyle choice. And after that, that 200 homes that it's not necessary
that 200 homes that it's not necessary for me, I'm okay. I'll rather poly die
for me, I'm okay. I'll rather poly die and put into real business that will
and put into real business that will generate far more capital and it's less
generate far more capital and it's less stressful to manage.
stressful to manage. >> Let me stop you here for a minute. We
>> Let me stop you here for a minute. We are on a journey of changing the minds
are on a journey of changing the minds and the lives of people. So if you
and the lives of people. So if you haven't subscribed and become part of
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button and turn on the notification. Thank you. Now let's carry on with the
Thank you. Now let's carry on with the conversation. What's your view on what
conversation. What's your view on what >> now? In that conversation, you remember
>> now? In that conversation, you remember he said one time he got broke and he
he said one time he got broke and he sold five of those houses to raise a
sold five of those houses to raise a million or $5 million. Now owning 200
million or $5 million. Now owning 200 homes might not necessarily be his
homes might not necessarily be his problem. The problem is when did he
problem. The problem is when did he start owning the units? Were some
start owning the units? Were some renovation done? Where did they change
renovation done? Where did they change the furnishing? You see, once you
the furnishing? You see, once you approach the industry, you need to know
approach the industry, you need to know how the game is in the industry. You
how the game is in the industry. You don't put all your investment in one
don't put all your investment in one particular location. You need to
particular location. You need to diversify. So where are these 200 homes
diversify. So where are these 200 homes located? Uh do even if we say 50 50/50
located? Uh do even if we say 50 50/50 Can Laboni, East Leagon, Roman ridge,
Can Laboni, East Leagon, Roman ridge, Northridge this, how are they maintained
Northridge this, how are they maintained over time? Did he try to run it on his
over time? Did he try to run it on his own or he gave it to a property
own or he gave it to a property management company? Because I have
management company? Because I have friends who are specialized in property
friends who are specialized in property management and they can even guarantee
management and they can even guarantee you and give you an amount of money that
you and give you an amount of money that you agree with them every month and they
you agree with them every month and they take the risk of advertising and renting
take the risk of advertising and renting out this properties for you. So,
out this properties for you. So, >> I think his point was really, and I'm
>> I think his point was really, and I'm sorry to cut you, I usually would not do
sorry to cut you, I usually would not do this, but I think his point was that
this, but I think his point was that having over 200 homes
having over 200 homes for him compared to how much he makes
for him compared to how much he makes from the industries he has, that's just
from the industries he has, that's just just doesn't make sense.
just doesn't make sense. >> I cash flow wise.
>> I cash flow wise. >> No, for cash flow and looking at other
>> No, for cash flow and looking at other businesses and today's wealth, owning
businesses and today's wealth, owning the 200 homes might not be the ideal
the 200 homes might not be the ideal thing. But I'm still saying now you own
thing. But I'm still saying now you own it already. You already have it, so you
it already. You already have it, so you still got to make the money from it. So
still got to make the money from it. So there are few tweaks you have to do
there are few tweaks you have to do because I've dealt with landlords um
because I've dealt with landlords um villagio you know villagio there are
villagio you know villagio there are three different structures there right
three different structures there right now there's one structure that came
now there's one structure that came before the other the ones in the old
before the other the ones in the old ones complain that they don't get
ones complain that they don't get tenants in there and sometimes we just
tenants in there and sometimes we just go in there change the carpet change a
go in there change the carpet change a few stuff in there take some nice
few stuff in there take some nice pictures stage it properly and then they
pictures stage it properly and then they get tenants to come in if he's looking
get tenants to come in if he's looking at other industry Canada Japo is a big
at other industry Canada Japo is a big player how do you compare owning a home
player how do you compare owning a home to having a a steel factory how do you
to having a a steel factory how do you compare a home to having a commodity
compare a home to having a commodity like chicken that even with all the
like chicken that even with all the number of co stores we have in Ghana,
number of co stores we have in Ghana, there's still we we're still not meeting
there's still we we're still not meeting this the demand need. So that industry
this the demand need. So that industry will obviously be a good one for him to
will obviously be a good one for him to make the money but now he has it.
make the money but now he has it. >> I agree with Ken. I think uh you know
>> I agree with Ken. I think uh you know 200 homes if you do the calculation
200 homes if you do the calculation especially the locations he was talking
especially the locations he was talking about that's that's huge sums of money.
about that's that's huge sums of money. I mean we are looking at a country where
I mean we are looking at a country where we need jobs right and the house is just
we need jobs right and the house is just sitting there and to be honest with you
sitting there and to be honest with you I have friends that have homes in you
I have friends that have homes in you know continent and stuff it take like
know continent and stuff it take like sometimes the place can be vacant for
sometimes the place can be vacant for like two years
like two years >> right struggling to get somebody in
>> right struggling to get somebody in there not a lot of people in Ghana can
there not a lot of people in Ghana can afford to pay $5,000 a month $4,000 a
afford to pay $5,000 a month $4,000 a month so you're going to have those
month so you're going to have those people most of those people own their
people most of those people own their homes in very simple terms if I'm
homes in very simple terms if I'm listening to you right now what's the
listening to you right now what's the smartest move for me to do a land or a
smartest move for me to do a land or a luxury uh investment
luxury uh investment If you're just starting out, you can
If you're just starting out, you can easily afford the land. So, I say go for
easily afford the land. So, I say go for the land. Do your homework. Find the
the land. Do your homework. Find the right people to buy the land from and
right people to buy the land from and start from there. You have to start
start from there. You have to start small.
small. >> Great.
>> Great. >> If you're starting out, look for people
>> If you're starting out, look for people you can trust. Go through a trusted
you can trust. Go through a trusted agency, brokerage company, and buy
agency, brokerage company, and buy yourself an investment property and use
yourself an investment property and use your passive income from that investment
your passive income from that investment property to build your portfolio from
property to build your portfolio from there.
there. So, you've heard it. Rush is saying that
So, you've heard it. Rush is saying that the best way is to get a land and then
the best way is to get a land and then build slowly. Cood is saying that the
build slowly. Cood is saying that the best way is to, you know, get a few
best way is to, you know, get a few friends together and then buy an
friends together and then buy an investment property. The choice is
investment property. The choice is yours. What decision are you going to
yours. What decision are you going to make? Drop it in the comments and let's
make? Drop it in the comments and let's see uh what the best idea is for young
see uh what the best idea is for young people. Now, what's the future of real
people. Now, what's the future of real estate in Ghana?
estate in Ghana? I believe they have to streamline the
I believe they have to streamline the process. you know, it's too complicated.
process. you know, it's too complicated. So hopefully we get to Rwanda level and
So hopefully we get to Rwanda level and things are more clearcut, black and
things are more clearcut, black and white. I I've always wondered that they
white. I I've always wondered that they should probably punish people who do all
should probably punish people who do all these takashi things on sites and it's
these takashi things on sites and it's in the, you know, the act that you
in the, you know, the act that you supposed to say serve 5 years in jail,
supposed to say serve 5 years in jail, but it's not being enforced. I think
but it's not being enforced. I think they need to enforce that and penalize
they need to enforce that and penalize people who go around scamming people and
people who go around scamming people and doing whole bunch of stuff to make this
doing whole bunch of stuff to make this industry a bit scary. Once they once
industry a bit scary. Once they once that sorted out so much money will flow
that sorted out so much money will flow to Ghana man a lot of money because
to Ghana man a lot of money because there are a lot of people are scared of
there are a lot of people are scared of investing in Ghana because of all these
investing in Ghana because of all these things and once the land situation is
things and once the land situation is sorted out think Ghana we already see
sorted out think Ghana we already see all these highrises coming the next next
all these highrises coming the next next Dubai
Dubai the future of real estate in Ghana
the future of real estate in Ghana >> the future of real estate in Ghana I'm
>> the future of real estate in Ghana I'm excited about it because just like he
excited about it because just like he landed um you can tell from the off plan
landed um you can tell from the off plan projects coming up that in the next
projects coming up that in the next four, five years, we're going to have a
four, five years, we're going to have a lot of um beautiful structures coming
lot of um beautiful structures coming whether affordable, affordable, luxury
whether affordable, affordable, luxury or luxury. We're going to have a lot of
or luxury. We're going to have a lot of properties in the market. Enforcing the
properties in the market. Enforcing the laws, making sure that all the bills
laws, making sure that all the bills that have been passed are being well
that have been passed are being well enforced is a good one to start from.
enforced is a good one to start from. also what people are yaining for like he
also what people are yaining for like he said friends in countrymen have houses
said friends in countrymen have houses apartments and they charging $5,000
apartments and they charging $5,000 $4,000 because how many apartments like
$4,000 because how many apartments like where where's the competition but when
where where's the competition but when all these other units come there's going
all these other units come there's going to be competition so I tell people
to be competition so I tell people people say the market is going to crash
people say the market is going to crash and everything I'm saying hey we're far
and everything I'm saying hey we're far from it where we're going to get to is
from it where we're going to get to is to here equilibrium where supply demand
to here equilibrium where supply demand curve that's it so if we have more
curve that's it so if we have more apartments coming up I'm always excited
apartments coming up I'm always excited to see new project. I'm always excited
to see new project. I'm always excited to see new real estate companies
to see new real estate companies following the the laws and doing the
following the the laws and doing the right things because once we have a lot
right things because once we have a lot more of this ones, that's why your
more of this ones, that's why your family, the the guys you consulted to,
family, the the guys you consulted to, they were able to go in and buy that
they were able to go in and buy that two-bedroom apartment with a $15,000
two-bedroom apartment with a $15,000 discount because the competition is so
discount because the competition is so much so that now if you go sit down with
much so that now if you go sit down with the developers, which I am like best at
the developers, which I am like best at doing for my clients, I tell them, hey,
doing for my clients, I tell them, hey, if you're not doing it, I have already
if you're not doing it, I have already sent them an email with 1 2 3 4 in the
sent them an email with 1 2 3 4 in the same area, good quality and everything
same area, good quality and everything and so if you're going to give me a 25%
and so if you're going to give me a 25% discount then I'm going to go with you
discount then I'm going to go with you if not I'm going to call this guy phone
if not I'm going to call this guy phone him and put him on a call and I'm going
him and put him on a call and I'm going to try and get a 25% discount with them
to try and get a 25% discount with them and so the competition will be more and
and so the competition will be more and that's how the future is looking so the
that's how the future is looking so the reduction in price we are all looking
reduction in price we are all looking for the opportunity and the dream of
for the opportunity and the dream of living in continent will become more
living in continent will become more real for people like me and my friends
real for people like me and my friends and so I'm excited to see what the
and so I'm excited to see what the future holds but the future is very
future holds but the future is very beautiful it's not crashing it's a
beautiful it's not crashing it's a beautiful future
beautiful future >> so through the big push uh Mahama
>> so through the big push uh Mahama initiative they are doing a lot of roads
initiative they are doing a lot of roads so I think that will also expand people
so I think that will also expand people out so he was mentioning the traffic and
out so he was mentioning the traffic and all that stuff people driving you know a
all that stuff people driving you know a lot of commute time will be reduced with
lot of commute time will be reduced with all this road infrastructure they
all this road infrastructure they executed
executed >> and that will expand the real estate
>> and that will expand the real estate market instead of a lot of people
market instead of a lot of people everybody want to be centralized yes it
everybody want to be centralized yes it will expand the market a little bit and
will expand the market a little bit and you know people will start to see
you know people will start to see appreciation on their land value if you
appreciation on their land value if you bought land the past you get to benefit
bought land the past you get to benefit >> uh so yes
>> uh so yes >> if people wanted to buy land today where
>> if people wanted to buy land today where is the best place to look at right now
is the best place to look at right now >> affordable low low cost for people right
>> affordable low low cost for people right now
now >> right now so if you're buying land let's
>> right now so if you're buying land let's look at your construction ph going to
look at your construction ph going to take like 2 3 years even if you work at
take like 2 3 years even if you work at an airport right now you you must be
an airport right now you you must be looking at fa they doing that road there
looking at fa they doing that road there so your commute that might take you
so your commute that might take you right now it take you about 15 minutes
right now it take you about 15 minutes one 1 hour and 20 minutes depend on the
one 1 hour and 20 minutes depend on the traffic sometime can even take you two
traffic sometime can even take you two hours the traffic can be really bad busy
hours the traffic can be really bad busy busy hours once that road is done 25
busy hours once that road is done 25 minutes 30 minutes you are at the
minutes 30 minutes you are at the airport easily
airport easily So you should be looking at places like
So you should be looking at places like that. They you know they say the doa
that. They you know they say the doa they doing the doa road. So do side you
they doing the doa road. So do side you can be looking at it that road is
can be looking at it that road is horrible but that side they doing the
horrible but that side they doing the road as well. So you should be looking
road as well. So you should be looking at
at where they are doing the roles so that
where they are doing the roles so that you know once you buy it by the time the
you know once you buy it by the time the roads are done your commute time will be
roads are done your commute time will be short. If someone is looking for
short. If someone is looking for a luxury real estate investment today
a luxury real estate investment today where should they be looking at? Of
where should they be looking at? Of so I'm talking affordable lux.
so I'm talking affordable lux. >> Yeah. um
>> Yeah. um um aimesa
um aimesa um um I'll give you places like um pram
um um I'll give you places like um pram pram because road construction is
pram because road construction is currently going on the whole motorway I
currently going on the whole motorway I think five lanes on each side all the
think five lanes on each side all the way to
way to um if you want top luxury chado
um if you want top luxury chado um south labadi you look at places like
um south labadi you look at places like um Jolu abil you can start off from
um Jolu abil you can start off from there there are a lot of real estate
there there are a lot of real estate players in the market today. You you you
players in the market today. You you you just haven't chanced on them. Like I
just haven't chanced on them. Like I mentioned a $55,000 deal in Chado and
mentioned a $55,000 deal in Chado and Rash was amazed that he hasn't heard
Rash was amazed that he hasn't heard about it. Um these are deals that are
about it. Um these are deals that are there that we need to introduce people
there that we need to introduce people to and so these are locations that you
to and so these are locations that you can start from.
can start from. >> Rash I see you have some documents. Can
>> Rash I see you have some documents. Can for people that have not seen especially
for people that have not seen especially people in the diaspora that have not
people in the diaspora that have not seen how each of these document look
seen how each of these document look like can you take us through them what
like can you take us through them what they look like and then show you to the
they look like and then show you to the camera?
camera? >> Sure. So this is my personal land title
>> Sure. So this is my personal land title for the kids that went to court with. So
for the kids that went to court with. So if you're buying land, they're going to
if you're buying land, they're going to give you a site plan. That's the most
give you a site plan. That's the most important thing. This site plan
important thing. This site plan is basically going to state the
is basically going to state the coordinates of the land, right? Uh any
coordinates of the land, right? Uh any SOA can take you to the land with this
SOA can take you to the land with this the exact land with the boundaries and
the exact land with the boundaries and everything with this. You need that.
everything with this. You need that. >> Okay.
>> Okay. >> So
>> So the site plan,
the site plan, >> right? So this why is this an important
>> right? So this why is this an important document? This is the identity of of
document? This is the identity of of your land like
your land like this is like the you would say your
this is like the you would say your fingerprint.
fingerprint. >> Yeah.
>> Yeah. >> That this is literally
>> That this is literally >> it shows the GPS.
>> it shows the GPS. >> Right. Right.
>> Right. Right. >> Right. So GPS takes this kind of
>> Right. So GPS takes this kind of coordinates as well. That's the
coordinates as well. That's the satellite. So it shows you the position
satellite. So it shows you the position of the land.
of the land. >> Right. So this is just for the
>> Right. So this is just for the positioning of the land.
positioning of the land. >> This is just for the position of the
>> This is just for the position of the land.
land. >> Right. So it doesn't legitimize the
>> Right. So it doesn't legitimize the land.
land. >> No it doesn't. This is the position of
>> No it doesn't. This is the position of the land. Now why this is embedded in
the land. Now why this is embedded in this is because
this is because this is an indenture. Now indenture is
this is an indenture. Now indenture is going to tell you you have Ghana we have
going to tell you you have Ghana we have the lease you know the lease hold
the lease you know the lease hold system. So it's going to tell you
system. So it's going to tell you whether you have 75 years 99 years
whether you have 75 years 99 years old the kind of the kind of deed of
old the kind of the kind of deed of assignments you have.
assignments you have. >> Yes. So that's that's your indenture. So
>> Yes. So that's that's your indenture. So if you buy land from someone you're
if you buy land from someone you're going to have the site plan and the
going to have the site plan and the indenture. Each indenture will be
indenture. Each indenture will be different based on whatever stipulations
different based on whatever stipulations that person has in there. But
that person has in there. But who who gets this document done? Who who
who who gets this document done? Who who it is the buyer or the seller?
it is the buyer or the seller? >> It depends.
>> It depends. >> Okay.
>> Okay. >> It depends. So for if you buying from a
>> It depends. So for if you buying from a company like mine, we will handle it for
company like mine, we will handle it for you.
you. >> Okay.
>> Okay. >> Again, we try to reduce the stress from
>> Again, we try to reduce the stress from people. So if you go to like an
people. So if you go to like an established company,
established company, >> yeah,
>> yeah, >> they are going to do the nature for you
>> they are going to do the nature for you for the most part.
for the most part. >> Okay.
>> Okay. >> If you go to buy from an individual like
>> If you go to buy from an individual like I did, I prepared this with my lawyer.
I did, I prepared this with my lawyer. >> Okay.
>> Okay. >> Right. Because the individual I mean
>> Right. Because the individual I mean they're not going to go and pay. They
they're not going to go and pay. They don't that's not their that's that
don't that's not their that's that that's that's not their operation. So
that's that's not their operation. So you get this done. Before I was buying
you get this done. Before I was buying the land, they have to show you somebody
the land, they have to show you somebody if you if you own the land. What do you
if you if you own the land. What do you what do you own the land based on?
what do you own the land based on? >> Like like you have to tell me something.
>> Like like you have to tell me something. Oh, there's a court judgment. There is
Oh, there's a court judgment. There is this, there's that. You have to show me
this, there's that. You have to show me something. So some when I went they had
something. So some when I went they had a title. Now I've transferred it to my
a title. Now I've transferred it to my name. So I have my title here. Now you
name. So I have my title here. Now you have to use this because they had a
have to use this because they had a title. I knew I'm I'm only transferring
title. I knew I'm I'm only transferring the land to my name. If they didn't have
the land to my name. If they didn't have a title and I understand the history of
a title and I understand the history of it. Okay. Again this comes to the
it. Okay. Again this comes to the knowledge bit is a bit complicated. So
knowledge bit is a bit complicated. So if I know okay there's a judgment they
if I know okay there's a judgment they giving them the right they've been
giving them the right they've been acknowledged as the you know dial owners
acknowledged as the you know dial owners they should repossess all the land there
they should repossess all the land there then I know okay I have to do first time
then I know okay I have to do first time registration so you have title transfer
registration so you have title transfer and you have first time registration so
and you have first time registration so they might not have a title there are
they might not have a title there are land where there is no title but they
land where there is no title but they have strong documents sometimes they
have strong documents sometimes they have made some declaration they don't
have made some declaration they don't they haven't been made to court but
they haven't been made to court but they've been acknowledged by the land
they've been acknowledged by the land commission that they are the owners it's
commission that they are the owners it's been plotted
been plotted you have to have first time registration
you have to have first time registration but I had a if I had a title if I'm to
but I had a if I had a title if I'm to sell this to you. All you have to do is
sell this to you. All you have to do is transfer. So, I'll have to give you this
transfer. So, I'll have to give you this document plus this. I have to surrender
document plus this. I have to surrender this to you as well. But this is of no
this to you as well. But this is of no use to you. You're just going to keep
use to you. You're just going to keep it. Like when I bought it, there was a
it. Like when I bought it, there was a title for future reference. And then you
title for future reference. And then you go through the process to obtain your
go through the process to obtain your own title.
own title. >> Every buyer needs to get their own
>> Every buyer needs to get their own title.
title. >> That's correct.
>> That's correct. >> But once I get my title, your title
>> But once I get my title, your title becomes obsolete.
becomes obsolete. >> Yes. Nam void. But it's if you do a
>> Yes. Nam void. But it's if you do a search, you will see the history that I
search, you will see the history that I own it before you.
own it before you. Now, the reason why you want to take it
Now, the reason why you want to take it from me is because I can now take that
from me is because I can now take that title unless unless it's big, right? If
title unless unless it's big, right? If I have like 70, you can't come and take
I have like 70, you can't come and take my It doesn't work that way because I
my It doesn't work that way because I only sold you a piece, right? But if I
only sold you a piece, right? But if I have
have >> a single ant
>> a single ant >> one plot
>> one plot >> and I sold it to you and I'm still
>> and I sold it to you and I'm still holding it. If I'm a crook,
holding it. If I'm a crook, >> I can use the same thing to go f three,
>> I can use the same thing to go f three, four more people. So that's it to cod.
four more people. So that's it to cod. >> Yeah,
>> Yeah, >> that's that's the issues you find on the
>> that's that's the issues you find on the ground. If you are buying it, then why
ground. If you are buying it, then why do you need this? That was no longer
do you need this? That was no longer yours. And I mean,
yours. And I mean, why do you need this, right? So, you
why do you need this, right? So, you don't need it anymore. So, you take it,
don't need it anymore. So, you take it, right? So, when I bought this land, that
right? So, when I bought this land, that was the the title that he had was
was the the title that he had was covering just that land. And since I've
covering just that land. And since I've bought it,
bought it, >> you don't need it.
>> you don't need it. >> I mean, if you need it, you have to tell
>> I mean, if you need it, you have to tell me why you need it.
me why you need it. >> Then maybe I'm going have to take my
>> Then maybe I'm going have to take my money cuz you don't need it anymore. But
money cuz you don't need it anymore. But if you're buying a piece of land from
if you're buying a piece of land from somebody that has like 70 acres they
somebody that has like 70 acres they have a title of course you're not going
have a title of course you're not going to get you're not going to get that
to get you're not going to get that right and the judgment how does it look
right and the judgment how does it look like
like >> the judgment unfortunat I don't have but
>> the judgment unfortunat I don't have but it's lally a court document it's a court
it's lally a court document it's a court document depend on how long the case
document depend on how long the case went on for some case I've gone for 20
went on for some case I've gone for 20 years that case best believe
years that case best believe >> telling you
>> telling you >> and you read it my judgment was
>> and you read it my judgment was basically um I had a judgment aside from
basically um I had a judgment aside from this I actually have a personally have a
this I actually have a personally have a judgment if if you've been to court what
judgment if if you've been to court what you get at the end of the court case is
you get at the end of the court case is the judgment
the judgment >> and that judgment says
>> and that judgment says who won the case on what basis they won
who won the case on what basis they won the case on and what right do they have
the case on and what right do they have based on this judgment when if you're
based on this judgment when if you're selling your land are you going to give
selling your land are you going to give the title um and also the judgment to
the title um and also the judgment to the new owner
the new owner >> it depend it depends so there are places
>> it depend it depends so there are places where the there is only a judgment on
where the there is only a judgment on the land so far of course again what I
the land so far of course again what I say when you are selling land is based
say when you are selling land is based on what what are you selling on so if
on what what are you selling on so if I'm selling each land I'm selling I give
I'm selling each land I'm selling I give people there's annex where if it's a
people there's annex where if it's a land title I have to give it to you or
land title I have to give it to you or you get a copy of it you get it so you
you get a copy of it you get it so you can read it for you to know okay it's
can read it for you to know okay it's left with 73 years it's if there's a
left with 73 years it's if there's a judgment on it let me see the judgment
judgment on it let me see the judgment again the judgment should the land
again the judgment should the land commission that's where a lot of people
commission that's where a lot of people get wrong so somebody got a judgment
get wrong so somebody got a judgment they just got it freshly and hasn't made
they just got it freshly and hasn't made it way to the land commission because
it way to the land commission because it's going through the process they need
it's going through the process they need to they need to they need to sort out
to they need to they need to sort out the system because the land commission
the system because the land commission follows what the course is. If not, then
follows what the course is. If not, then we will not even go to court. If I have
we will not even go to court. If I have if I have this, I should be done. But if
if I have this, I should be done. But if I went to court and I lost the case to
I went to court and I lost the case to the this guy and the judgment is telling
the this guy and the judgment is telling that the guy that
that the guy that my title is long a void, you should come
my title is long a void, you should come and take possession. You can go do all
and take possession. You can go do all the search, find this, but it means
the search, find this, but it means nothing. [snorts]
nothing. [snorts] >> I've I've really enjoyed this
>> I've I've really enjoyed this conversation.
conversation. >> Um I'd like to thank you Rashasari and
>> Um I'd like to thank you Rashasari and Desmond Cod um for this beautiful
Desmond Cod um for this beautiful conversation. I'm definitely sure that
conversation. I'm definitely sure that my my diasporan audience and my local
my my diasporan audience and my local audience in Ghana, my lovely people here
audience in Ghana, my lovely people here have really benefited from your
have really benefited from your experience, your expertise and then also
experience, your expertise and then also the knowledge that you've poured out
the knowledge that you've poured out today. I personally have learned a lot
today. I personally have learned a lot and I really appreciate you guys. Um,
and I really appreciate you guys. Um, you've done this for me for the second
you've done this for me for the second time. Free knowledge um for my people
time. Free knowledge um for my people and to my people in the connected
and to my people in the connected academy group and those that are not, we
academy group and those that are not, we will put every detail in the
will put every detail in the description. I'm going to leave Rush and
description. I'm going to leave Rush and Cood's details in the description. You
Cood's details in the description. You can find them. Rush has got a YouTube
can find them. Rush has got a YouTube channel and COD also has a YouTube
channel and COD also has a YouTube channel. They both also have Instagram
channel. They both also have Instagram pages where they share a lot of
pages where they share a lot of knowledge to the people. So, if you're
knowledge to the people. So, if you're looking for them, please don't send us a
looking for them, please don't send us a message. Just check in the description.
message. Just check in the description. I'll put it all in there. And if there's
I'll put it all in there. And if there's anything they have said or anything that
anything they have said or anything that we have done that is not right, please
we have done that is not right, please leave it in the comments so that we can
leave it in the comments so that we can make it better the next time. Thank you
make it better the next time. Thank you so much for being part of the family. My
so much for being part of the family. My name is Derek Abi and stay connected.
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