Pause:
I agree, build to rent ties down capital but it all depends on what you plan to achieve. Depends on where the land is situated, the building and land appreciates in value while you are still collecting rent annually. You can then re-invest the rental income into another property or another investment. In a two years you can decide to sell off the building and invest the money into something else.

So it depends...

hotmas911:
3) Extremely low income yield
Let’s take any state apart from Lagos and Abuja where you can get a decent bungalow for 4,500,000naira for instance. The rent on such property cannot be more than 300,000naira annually. This means, it will take up to 15years before the invested capital is gotten back. For me this too long considering the availability of viable options.

Even if you get an apartment in Lagos for 11million and your rent is around 900k per year,it will still take almost 12 years before you break even.

Buy land for other options will deliver far better than this.

bigjay01:

I know you'll choose employing the land for agricultural ventures

hotmas911:
3) Extremely low income yield
Let’s take any state apart from Lagos and Abuja where you can get a decent bungalow for 4,500,000naira for instance. The rent on such property cannot be more than 300,000naira annually. This means, it will take up to 15years before the invested capital is gotten back. For me this too long considering the availability of viable options.

Even if you get an apartment in Lagos for 11million and your rent is around 900k per year,it will still take almost 12 years before you break even.

Buy land for other options will deliver far better than this.

K024:
I am sorry if this sounds disrespectful.

This would have been a very interesting topic. The problem is that if you promised to give "8 reasons why I should not invest in rental property" and you have only given 3 since February. If you could not make good on a promise that was not forced on you and that does not even have anything to do with money, how do I trust you with any other thing you promise either here or on any other thread?

Once again, please accept my apologies. Some of us just can not see beyond what people present about themselves.

hotmas911:
no hard feelings! Thanks for your observations. I'm also sorry to let you know we are not looking and praying to do business with people with your kind of attitude. Cheers