What $42k gets you in Ghana top Neighbourhood Cantonment

Sdílet
Vložit
  • čas přidán 20. 12. 2022
  • in todays video, i visited ghana and toured some real estate in ghana's top neighborhood contonment.
    To contact Devtraco Plus, please see below links to the respective websites for enquiries:
    The Pelican: bit.ly/3UA2B2V
    The Nova: bit.ly/3h8ZX6G
    Hotline: +233270 000 004
    LET'S CONNECT ON SOCIAL
    =========--------------
    / stevenndukwu​​​​
    / stevendukwu​​​​
    @stevenndukwu on TikTok
    #realestate​​​​ #travel​​ #Lifestlye​​
    ----------
    Reach me
    stevennduks@gmail.com (Business only)
    Talk to you soon

Komentáře • 533

  • @EnlightenedOne77
    @EnlightenedOne77 Před rokem +52

    I’m very impressed my African brothers & sisters! I want to see African cities looking even better than Europe or America! Keep it going!

    • @slaveman2818
      @slaveman2818 Před 2 měsíci

      That could never happen this location is terrible and has no health and safety standards 90% of this location has no sidewalks and no pavements and open gutters it’s just an area that has a reputation for having the first known fancy houses , if you want to see proper construction and the way road infrastructure should be. Visit Rwanda like I have

    • @EnlightenedOne77
      @EnlightenedOne77 Před 2 měsíci

      @@slaveman2818 if everyone thought like this Africa will never develop! We ALL have to think outside of the box! It must be done NO TURNING BACK! Forward movement my brotha! ✊🏽

  • @lashaball5101
    @lashaball5101 Před rokem +97

    Very beautiful and clean. I am from Côte d’Ivoire. I really admire the political stability of Ghana. Stability brings peace , brings international and local investors to invest in the country. God bless Ghana & Africa as whole.

    • @goldrip1818
      @goldrip1818 Před 10 měsíci

      Political stability has been the anchor of peace we are enduring we don't take it for granted we always tank God

  • @burifumamafreekha7784
    @burifumamafreekha7784 Před rokem +95

    This is the Africa we want to see on TV. Thanks bro Ndukwu

    • @teedee6176
      @teedee6176 Před rokem +1

      This is the Africa that 90% of Africans cannot participate in.

    • @Wulfstan1938
      @Wulfstan1938 Před rokem +2

      always nice to see the 15%

  • @nzuri115
    @nzuri115 Před rokem +9

    Beautiful job Ghana from your American sister. Soon to out do them all even the US. Me and my Jamaican hubby will be moving to Ghana early 2025. ❤

  • @delimawalker2523
    @delimawalker2523 Před rokem +324

    Are these developments owned by Ghanaians or by European or Asians developers ? Also , I would advise anyone who is interested in buying into these so called "fractionalized " units , to speak to a lawyer who specializes in real estate law .

    • @maudoforiaffoh5518
      @maudoforiaffoh5518 Před rokem +74

      Yes majority of them belong to Ghanaians

    • @delimawalker2523
      @delimawalker2523 Před rokem +36

      @@maudoforiaffoh5518 That is GREAT !! 🥰🥰🥰🥰🥰🥰 I wish them tremendous success with this and all their future endeavors.

    • @kabifest8897
      @kabifest8897 Před rokem

      Half of what contributes to ghana gdp are own by foreigners

    • @chrisdooley1184
      @chrisdooley1184 Před rokem +37

      @@maudoforiaffoh5518 that’s refreshing considering how much the Chinese have thrown their money around and got into everything from mining (legal and illegal) to communications to restaurants which ties into this property as the one restaurant in the water park will be upscale Chinese.

    • @jonesnyarko8447
      @jonesnyarko8447 Před rokem +90

      This project is owned by Devtraco plus. It's an indigenous Ghanaian real estate company.

  • @scaleshenry
    @scaleshenry Před rokem +6

    Ghana has actually been stable for a very long time! I can see how Black Americans would want to move there!

  • @sunnni_
    @sunnni_ Před rokem +13

    This is beautiful!!! Love seeing African countries prosper!! One day, its my dream to visit Ghana and learn more about the architecture, culture, etc. The future is in Africa!

  • @windturbineclimber5412
    @windturbineclimber5412 Před rokem +8

    Im working moving to Ghana so I can live a relaxed life.

  • @MickJay3
    @MickJay3 Před rokem +13

    Come through Ghana 🇬🇭 👏🏿 🙌🏿 sending much love and peace from the African diaspora in 🇺🇸🙏🏿🤜🏿💥🤛🏿❤️

  • @muhammedsheriff5351
    @muhammedsheriff5351 Před rokem +17

    Wow what a beautiful country! I wanna retire in Ghana one day! Such a forward modern nation beautiful young innovators! 🙏🏽🙏🏽🤞🏽🤞🏽

  • @zeeqq105
    @zeeqq105 Před 10 měsíci +3

    I’m impressed with the ladies knowledge and professionalism. I love seeing black woman in these positions.

  • @fortunatebabygirl8812
    @fortunatebabygirl8812 Před rokem +6

    African countries with the best real estates
    West Africa: Nigeria, Ghana
    East Africa: Kenya, Rwanda
    Central Africa: Angola
    Southern Africa: South Africa, Namibia.

  • @Onedon29
    @Onedon29 Před rokem +11

    Africa is beautiful.

  • @alegbekehinde8753
    @alegbekehinde8753 Před rokem +20

    I was in Ghana for the first time this year for a short stay. I was resident at The Pride of the city cantonment. Its was a lovely place but does not come cheap . Accommodation in Ghana is not reasonable

    • @twanacisse3950
      @twanacisse3950 Před rokem +5

      Thank you for being honest. Ghana is not cheap!

    • @kissphamous5451
      @kissphamous5451 Před rokem +5

      cantonment is a prime location don't expect less

    • @mustaffda
      @mustaffda Před rokem

      Is like that everywhere around the world they are places which don't come cheap cantonment is prime area so don't expect cheap

    • @alegbekehinde8753
      @alegbekehinde8753 Před rokem +3

      @@mustaffda its general in Ghana. I went to East legon for a 3 bedroom apartment and was told $3200/month. That's ridiculous considering the environment

    • @theoriginalAlaya
      @theoriginalAlaya Před rokem +1

      @@alegbekehinde8753 that is another expensive areas. Cantonments, Labone, East Legon, West Legon, Airport are high cost areas.

  • @anthonyjohnson5961
    @anthonyjohnson5961 Před rokem +2

    I realize that it’s a thing in Africa or Ghana to have the laundry in the kitchen right under the counter as if it’s a dishwasher. I personally is not a fan of that built but other than that the houses are really beautiful.

  • @billy_nsb
    @billy_nsb Před rokem +12

    Love from Ghana 🇬🇭 ❤

  • @aonforme3455
    @aonforme3455 Před rokem +4

    Timeshare in Ghana?!?! That's different. Not for me but I like the development and look of finishes.

  • @Tubefish07
    @Tubefish07 Před rokem +3

    All of the bench presses she has been doing in the gym has paid off tremendously! Brilliant! Cheers mates!!

  • @valentineiro370
    @valentineiro370 Před rokem +16

    Thanks for yet another video, I pray this becomes very common in Africa and we need to go abroad except just for visits and occasions

  • @edmond1809
    @edmond1809 Před rokem +4

    We are getting there, let’s goo 🥳🇬🇭❤️

  • @RTG2019
    @RTG2019 Před rokem +13

    happy to see something Ghanaian!

  • @Onedon29
    @Onedon29 Před rokem +6

    I love the content that you create bro keep up the good work👍.

  • @ConstructionMediaGhanaLTD

    Love it ! Video came out very nice. It was good connecting with you on this one.

  • @HunsTheExplorer
    @HunsTheExplorer Před rokem +4

    You inspire me bro. Keep doing good work

  • @Elikem2982
    @Elikem2982 Před rokem +3

    Amazing stuff Steve! Thank for the hard work..

  • @AndreaPortley
    @AndreaPortley Před rokem +6

    Steven I love your videos! They’re so vibrant and energetic. I’ve missed your channel due to a hectic work schedule. Sending ❤from Dallas, Texas.

  • @twanacisse3950
    @twanacisse3950 Před rokem +3

    Tenugos, well said that is why pan Africanism is key. It’s not always about the money first but race first.

  • @ibrahimabdullahi2006
    @ibrahimabdullahi2006 Před rokem +1

    Fantastic job as usual

  • @kelvinedionwe
    @kelvinedionwe Před rokem +2

    Awesome video Steven

  • @agoiobunso
    @agoiobunso Před rokem +2

    Wow this is so beautiful thanks for sharing

  • @ytemako3817
    @ytemako3817 Před rokem +32

    Honestly speaking, your drone shots are one of the best that I have ever watched among the travel vloggers. Keep up man!

    • @iwehclementine3772
      @iwehclementine3772 Před rokem +1

      Best drone shots ever!!!

    • @Legend-lc9bv
      @Legend-lc9bv Před rokem

      You clearly don’t know whode maya then

    • @ytemako3817
      @ytemako3817 Před rokem +1

      @@Legend-lc9bv You can not tell me about Wode Maya. I used to watch Wode Mayas' videos and see his drone shots but that can never be compare to Steven's drone shots. Whoever deserve an accolades let him be given.
      There are other travel vloggers that I watch and see their drone shots the likes of Drew binsky, Nas daily, Tayo Aina etc but Steven drone shots stand out from theirs.

  • @Aeon1019
    @Aeon1019 Před rokem +7

    This concept reminds me of what is called _TIMESHARES_ , common real estate practice in the West!

    • @iam_coachlove
      @iam_coachlove Před rokem +3

      That's exactly what it is. Buyer beware!

  • @solomoncyril2864
    @solomoncyril2864 Před rokem +2

    Welcome back Steven

  • @kingsleywealth7763
    @kingsleywealth7763 Před rokem +4

    The interior 👌

  • @amaraokonkwo_
    @amaraokonkwo_ Před rokem +14

    I love her answer on naija jollof🤣"we will think about it"

    • @9ethergoddess277
      @9ethergoddess277 Před rokem

      I hear you sis, but why only serving Chinese bites and cocktails? Is that food superior to Ghanaian foods?

    • @emilyobiri1716
      @emilyobiri1716 Před 3 měsíci

      Brainwash is killing africans.

  • @kissphamous5451
    @kissphamous5451 Před rokem +3

    Awesome development ❤️

  • @tonyadj6994
    @tonyadj6994 Před rokem +1

    Steven is well grounded ....good job BRO...

  • @sadiaclifton9330
    @sadiaclifton9330 Před 2 měsíci

    Real estate is really moving on great in Ghana 🇬🇭

  • @WomenofDandy
    @WomenofDandy Před rokem +2

    Sooo beautiful I want to live here especially when they have the water park my children will love that

  • @ibrahimahmedolamideSwagstar

    I want to buy a house here by GODS GRACE AAMIN❤️❤️

  • @oscarjackson9826
    @oscarjackson9826 Před rokem +2

    This is the kind of house l love and cherish so much

  • @leebutz4727
    @leebutz4727 Před rokem +2

    This is beautiful 🖤 I would place a long dinner table on the balcony.

  • @bennardasante3361
    @bennardasante3361 Před rokem +7

    NICE PROJECTS IN GHANA, KEEP IT DEVTRACO

  • @lauriansseguya
    @lauriansseguya Před rokem +19

    Steve you should consider coming to Uganda 🇺🇬 we have some nice real estate projects worthy to showcase

  • @twanacisse3950
    @twanacisse3950 Před rokem +5

    It sounds like a time share. Which means you never really own it out right! But you only make money if it’s fully rented out. Not sure in this crazy economy.

  • @mervynmontague1811
    @mervynmontague1811 Před rokem +6

    Interesting and informative 🇯🇲

  • @henryjames2835
    @henryjames2835 Před rokem +6

    I also like embassy garden in cantonment

  • @alaminsaidu1993
    @alaminsaidu1993 Před rokem +2

    Nyc video Steven

  • @itunuoluwaonimole7861
    @itunuoluwaonimole7861 Před rokem +38

    Yo Steve! Another amazing video. Always top notch. Thanks for this. I think you should allow your tour guide do most of the talking next time. No doubt, real estate is something you're so passionate about but, you learn more when you talk less, bro. She is also gonna feel very important, which in turn will make her very comfortable around you. It really helps. Thank for the inspiring video.✨

    • @snowball6175
      @snowball6175 Před rokem +2

      you are very right there. He seem impatient sometimes....

    • @StevenNdukwu
      @StevenNdukwu  Před rokem +5

      Noted

    • @chrismontana2187
      @chrismontana2187 Před rokem

      With due respect, sir, I digress from your comment. Both of us were not there to ask our questions. The realtors are there to sell. So, I want somebody like Steve whom I trust to ask pertinent questions right there. There's nothing like a kamikaze attack in the business. She was aware that she was going to appear before the camera and had done her homework. If you say because she's a female, then you're a sexist.

    • @itunuoluwaonimole7861
      @itunuoluwaonimole7861 Před rokem +1

      @@chrismontana2187 If you say so😏. I appreciate your opinion. Thanks a lot ✨

    • @ramonbiggs757
      @ramonbiggs757 Před rokem

      @@chrismontana2187 very well put my friend

  • @aikinsyeboah3086
    @aikinsyeboah3086 Před rokem

    what an amazing video bro,keep it up

  • @xaratemplate
    @xaratemplate Před rokem +3

    3:02 What? Why not African bites? Totally baffled at what she just said. Glad I got good hearing doesn’t sound like they targeting Africans.

  • @djamaltanko5121
    @djamaltanko5121 Před měsícem

    Africa is growing 👏 ❤

  • @tomodachihomesghana233

    Another banger from Ghana

  • @jordanpolatol7983
    @jordanpolatol7983 Před rokem +1

    great video mate

  • @IVIEOMAS
    @IVIEOMAS Před rokem +1

    Amazing

  • @nanamintah1798
    @nanamintah1798 Před rokem +2

    Good content

  • @ibrahimahmedolamideSwagstar

    Nice video BOSS

  • @jet7865
    @jet7865 Před rokem +2

    He’s so handsome ❤

  • @Smaldja
    @Smaldja Před rokem +4

    my question may seem a bit off topic now. I am really interested in your videos and I always admire your great contents. I would like to know how did you start? are you a real estate agent yourself?

  • @Kikongolessons
    @Kikongolessons Před rokem +3

    Thanks Steven for the update 👍👍💪💪

  • @Pennheart
    @Pennheart Před rokem +1

    This is basically American Timeshares with a little extra flare like furnishings. You never get to own it and I don't think guaranteed 48% income per year is a given.

  • @fredrickubiri
    @fredrickubiri Před rokem +2

    Nice vlog

  • @monierb8984
    @monierb8984 Před rokem

    Wow...this is fantastic video! I have now liked and subscribed to your channel !!

  • @vanceyetts5721
    @vanceyetts5721 Před rokem

    Wow…very nice!!

  • @georgesmith4585
    @georgesmith4585 Před rokem

    May almighty God protect

  • @purpleplant9515
    @purpleplant9515 Před rokem +3

    Great 👍🇬🇭

  • @PhilemonAckon
    @PhilemonAckon Před rokem +1

    I own 4 condo units in Philippines it’s about time I buy in ghana

  • @muhammedyunusa2865
    @muhammedyunusa2865 Před rokem +4

    Amazing video, you inspire me to chase my dreams and start a tech CZcams channel. Also, watching your videos in 60fps >>>>>>>>. I love love love your content

  • @soniagsesay9000
    @soniagsesay9000 Před rokem +1

    Love the ladies in the video they're beautiful classic well spoken and knows what they are doing

    • @StevenNdukwu
      @StevenNdukwu  Před rokem

      How about the property?

    • @rosieposie9564
      @rosieposie9564 Před rokem

      That lady's face is a very different color from her hand, skin bleaching is backwards, self hating and not cool. Then she could have maybe combed out the knots in her wig.

  • @ARABIAN079
    @ARABIAN079 Před rokem +2

    very nice

  • @sourcestvghuk9897
    @sourcestvghuk9897 Před rokem +1

    Nice to know bro

  • @twanacisse3950
    @twanacisse3950 Před rokem +2

    Ixxiw if it was $46,000 I would jump on it fast. Even take a loan against my property. But I think the price went from $46,000 to $115,000 to $ 228,000. This is out of reach for myself.

  • @Forexclature
    @Forexclature Před rokem +17

    I will come and buy a house here in Jesus name I am a Nigerian

    • @nodaysoff3324
      @nodaysoff3324 Před rokem +1

      I will be moving here as well. God willing and I’m from Philly. 🙏🏾

  • @AlifLaamMiin
    @AlifLaamMiin Před rokem +1

    *Bro deals like this will attract Rich Black Entrepreneurs Americans.*

  • @adammuftty9801
    @adammuftty9801 Před měsícem

    Greatness ❤

  • @aa-cw8ky
    @aa-cw8ky Před rokem +12

    But I can take $42k to a Ghanaian bank and use as deposit on a $150k apartment and that's almost 30% deposit and I pay in 20/25yrs to own the apartment whilst using it as Airbnb to pay the monthly mortgage. It makes no sense to spend $42k to own a fraction of an apartment in a complex legal arrangement.

    • @samich0007
      @samich0007 Před rokem

      You hit the hammer on the head ! I was just thinking the same exact thing... Only a fool would think that was a smart investment considering the information shared

    • @edwardoemiliano8018
      @edwardoemiliano8018 Před rokem +4

      @@samich0007 you mean hit the nail on the head lol

    • @abdulafro3283
      @abdulafro3283 Před rokem +1

      They didn't give any information about this owning a fraction NO WAY I would do this in million years.....

    • @MusehanaH
      @MusehanaH Před rokem

      ​@Edwardo Emiliano though 😂. I didn't even notice...Never underestimate the power of a nail when faced with a hammer 😂

  • @eghe5669
    @eghe5669 Před rokem +6

    This is dope, what a smart investment opportunity. Thanks Mr. Steven for this update

  • @mosoulreal7806
    @mosoulreal7806 Před rokem +1

    This is better then Hollywood

  • @AidenHillsEstates
    @AidenHillsEstates Před rokem +1

    Dope

  • @thembimaseko9600
    @thembimaseko9600 Před rokem +1

    Bravo Ghana if our leaders allow these development pay doctors,nurses,teachers etc attractive salaries people will stop flocking overseas unless he wants too.

  • @lighter0974
    @lighter0974 Před rokem +1

    There is a school nearby called Morning Star that is my old school

  • @Moneyman077
    @Moneyman077 Před rokem +2

    Steven! Do you have time to show me Nigeria? I am planing to visit. lol

  • @lemigod4475
    @lemigod4475 Před rokem +10

    Lagos International airport looks improved and some good work has gone into it,good to see brother.

    • @ScissorN
      @ScissorN Před rokem

      Lagos is a slum

    • @joptv1591
      @joptv1591 Před rokem +4

      Why do u ppl always wants to put Nigeria into everything concerning Ghana 😒

    • @despro2580
      @despro2580 Před rokem +2

      @@joptv1591 jealous i guess🤷‍♂ 🤷‍♂

    • @RosaMill-rq9uv
      @RosaMill-rq9uv Před 9 měsíci

      @@joptv1591yhh have seen that about them a lot but we be saying Ghanaians are jealous n hate them whiles they’re the ones looking for trouble

  • @emptyyourheart9086
    @emptyyourheart9086 Před rokem +3

    There are people with cash out there... Africa Africa.. my motherland

  • @georgesackey8368
    @georgesackey8368 Před rokem +2

    LX 570 is my dream car as well

  • @soojoe
    @soojoe Před rokem +3

    Very interesting… fractional buying sounds like a great opportunity

  • @Freedom20255
    @Freedom20255 Před 3 měsíci

    Ghana the good place to invest.

  • @benjaminjackson6686
    @benjaminjackson6686 Před rokem +2

    This guy knows how to get viewers

  • @JP-jd8wr
    @JP-jd8wr Před rokem +6

    I'd love to move to Ghana and buy one of these but I have no clue what I'd do to make money long-term 😔

    • @saturdayseptember1593
      @saturdayseptember1593 Před 9 měsíci

      Build instead pls buy land especially in the Western side where I live called takoradi surrounded by sea harbour and calm

    • @cyllo2878
      @cyllo2878 Před 8 měsíci

      Don't worry, when you get here you will find a lot of problems to solve and that will be your business. Find problems and provide solutions.

  • @KennyDundas
    @KennyDundas Před rokem +1

    Great ❓

  • @twanacisse3950
    @twanacisse3950 Před rokem +13

    However, Ghana is amazing and seems to have one of the fastest riding middle class economies.

    • @benbo7042
      @benbo7042 Před rokem

      The country is BANKRUPT.

    • @emilystevens6335
      @emilystevens6335 Před rokem

      Vodun is an ancient religion practiced by some 30 million people in the West African nations of Benin, Togo and Ghana. With its countless deities, animal sacrifice and spirit possession, voodoo causes mental illness and contaminates their homes

    • @twanacisse3950
      @twanacisse3950 Před rokem +1

      @@emilystevens6335 what in the hell foes Vodun have to do with the wealthy greed of some corrupt leaders? Everyone does not practice Vodun. Yes some do. But there are simply good people and bad people. From my research Vodun has many positive perspectives, practices, and deep insights and spiritual experiences and connections to African thought concerning the many different African traditions and cultures beliefs. It’s not cool to speak about a African religious faith or practice as Vodun if you know it only from the perspective of say a Holly wood moving or the writings from some European Catholic Church, or ideas about Vodun from some former political aggressive former colonializer.

    • @twanacisse3950
      @twanacisse3950 Před rokem +1

      @@emilystevens6335 If your views on Vodu are not done from aAfrocentric standpoint or approach , you in fact may have a misunderstanding concerning the entire functioning value of a traditional African religion like Vodun. Thank god of war in Vodun or Voduo that help allow the people of Haiti to free themselves from the depts of wretch enslavement from several centuries of hardship.

    • @twanacisse3950
      @twanacisse3950 Před rokem

      @@emilystevens6335 does not foes sorry miss spelling!

  • @peryole
    @peryole Před rokem +1

    This is a GD time share. I avoid people trying to sell this to me like the plague, this is a big screaming NO! like timeshares, this is a joke.

  • @ARABIAN079
    @ARABIAN079 Před rokem +1

    good

  • @frontdesk4423
    @frontdesk4423 Před rokem

    Compared to Jamaica, your airport is super Modern.

  • @empress3749
    @empress3749 Před rokem +1

    When are they going to finish the Waterpark ?

  • @suntanglory
    @suntanglory Před rokem +24

    Nice idea,there is something like this here in the UK, mostly holiday timeshare it's called. But the fractional part wasn't explained properly.For how long does the fractional contract last for? Does the house become fully owned after certain years? How many weeks in a year does the part owner use the apartment? Did not tell us the price of the nova apartments.Nice one though. Thank you.

    • @nigelscott2371
      @nigelscott2371 Před rokem

      Timeshares never the best idea in my opinion now everyone wants to do time shares in Ghana

    • @redlionesv
      @redlionesv Před rokem

      Same thing stateside
      Timeshare
      Great for investment. For its intended housing use?
      Meh

    • @aa-cw8ky
      @aa-cw8ky Před rokem +1

      Lol...Time share was a ponzi scheme scam where millions lost their investment. I lost £25k some 15yrs back.

    • @ritaofori-nyarko4001
      @ritaofori-nyarko4001 Před rokem

      @@nigelscott2371 re free R tree tree 4444

  • @LordsofLeisure
    @LordsofLeisure Před rokem +1

    Wow! Im there by the end of the year guaranteed. Give me 2 units (2023)

  • @jetsjetsjets1044
    @jetsjetsjets1044 Před rokem +1

    well well done :) Yahuah barak atah :)

  • @rillyjo5810
    @rillyjo5810 Před rokem +4

    i was wondering if it was chinese owned only because she said they will serve chinese food only at night. rofl. but when i seen devtraco..thats ghana all day!

  • @MDG7DHA
    @MDG7DHA Před rokem +7

    I think this is a good idea, But just know that you don't fully own it, it's like you paid 46k usd and you only own the unit. They take your money 💰 and they pay you 12-18% after all fees and also your paying someone else to manage the unit. You keep the profits 12-18% annually and they keep 82-88% of the profits annually. It's a small step, but they get the larger piece of the cake.

    • @maahkfan3952
      @maahkfan3952 Před rokem +3

      Yea it’s a turn off. I would have bought one. But that figures turned me off.

    • @AngBQueenAdwoasCloset
      @AngBQueenAdwoasCloset Před rokem +4

      Right. They sell it as “ownership” but it’s more like stock investments, rather than owning outright.

    • @maahkfan3952
      @maahkfan3952 Před rokem +2

      @@AngBQueenAdwoasCloset sometimes I dunno how these people think of us. They wanna be rich with our money smfh.

    • @forcemission564
      @forcemission564 Před rokem +3

      No, the 12%-18% is the return on your investment (ROI), and not that they split the profit 88/12 with you. In this eg. 12% of 46K is $5,520 after they deduct their management fees let's say 10%. That means the total profit was $6,127.20 and they took 612.72 and you made $5,520 as your net profit, giving you an ROI of 12%/year based on your initial investment of $46,000. Plus you get to use the property a portion of the year per your contract. If you continue to earn 5,520/year you will recoup your investment in 8.3 years. Hope this helps. 12:56