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From $5,000 to Millionaire: The Real Estate Secret Diasporans and Locals Must Know About Ghana

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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

part of the family, for being with us

from the beginning. And if it's your

first time

seeing any of our videos, our audios on

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Subscribe.

And to the people in our community, the

connected champions, thank you so much

for always making it to the end of this conversation.

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

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

haven't subscribed and become part of the family, please hit the subscribe

the family, please hit the subscribe button and turn on the notification.

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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YouTube Transcript:From $5,000 to Millionaire: The Real Estate Secret Diasporans and Locals Must Know About Ghana

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From $5,000 to Millionaire: The Real Estate Secret Diasporans and Locals Must Know About Ghana