BiggerPockets

I have been closely following up and exploiting the real estate market in sub-Saharan Africa. Right now, with the ever increasing population, the influx of expatriate workers, the countries are in increasing need of housing. building materials are cheap, labor is cheap and readily available, an the recompense is high.It is a chance of a lifetime. I need some people to partner with to undertake this venture. While demands for housing in Europe and the US is dropping, the inverse is happening here. plans and everything ready. just need the partners.Contact me for more info on how to get (removed)

No checks and nothing like that. I just need real interested investors, to hold meetings and present my business plan, and if you like it you can get on. I need only serious investors, because it is serious business. I strongly believe in high yields.

Sorry but Africa is on my not wanted list to invest or do any kind of business due to the large scams involved.

When I Started this post I always suspected that many people would think this was a scam. But as you can see I am not asking for any money or checks or stuff like that. It is a simple real estate investment opportunity I am presenting. This was the same case when a young Cameroonian proposed, investors to invest in the transport industry in Cameroon. everybody ran away calling it a scam. but TAUG, an American company braved it and held meetings with the young man and soon, they set up a company in Cameroon with profits rising by the day.http://www.transauto-group.com.
http://www.lebuscameroon.com

I am only interested in serious investors, no money exchanges, nothing just talking and if you like my idea, then we could work together.I am surprised that because you hear Africa you all think it is a scam. yet nobody has emailed me to get more details on the idea.
In a nutshell, my plan involves the building of apartment buildings in major cities starting with Douala. Building costs and labor are super cheap here, so you can build an apartment building here at like 1/20 the cost you can build one in the US. Secondly demand is usually so high that by the time construction is over all the apartments are booked. In Cameroon for example, this is a new phenomenon, and with rising costs of living and scarcity of land , the demand for housing is rising at a crazy rate. it is a long term project and I stress on the possibility of good yields. Please serious investors needed only.contact me for more

What are you looking to purchase over there? Commercial? Residential?

What is the exit strategy? Buy and hold?

Will it be construction, or existing properties?

More details will be necessary for anyone to take you the least bit serious.

What I need is ideas, and intellectual contributions, and not money.

I am a first time user and I must say all your posts are not helping. If you think I am a scam, then write something sensible not all these trash. it is really childish an immature of many of you who call yourselves investors. Little wonder , many of you have never had a good deal. I have not asked anybody for any money, neither have I asked for any financial contributions, all I have asked for is ideas to make a dream come to reality. is that asking too much? I just need some good and mature investor to work with me on developing this business opportunity of mine. all i need is intellectual contributions!!

Palin -
I think you need to provide more details still on this "opportunity." I understand that all you want is intellectual capital, but I think people need more information before they start to take this seriously.

Additionally, I do think people would find your opportunity more inviting if it were in a country that was doing more about human trafficking and child exploitation.

I believe he is referring to Cameroon.

OK...I'll bite. You say you want ideas and such...not money. If you're bringing us the deal, we would expect that you have the plan to lay out. Development is a very complex process...even in your home country. Do you know the laws and policies regarding this process in these African countries? Do you have a local network of legal, real estate and accounting professionals to assist with the process? Do you have local contacts on the ground to provide the actual building sites and help with due diligence (zoning, utilities etc.) I assume you're flush with funds since you're not asking for money...you have cash to develop these properties until fully leased? Exactly what kind of ideas do you want? As I said, this is a VERY complex process without adding the distance, language, customs, financing and money exchange issues. Do you have any experience in development? Construction? Financing? Property management?

The idea of rentals properties in foreign countries is enticing where the cost to rental ratio is much better than here...but we need more details...sceptism is not a bad thing in investing. You'd know what I mean if you've ever had a bad one.