Investing In A Chain Of Filling Stations Or Building Houses For Rentals? - Properties

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Investing In A Chain Of Filling Stations Or Building Houses For Rentals? - Properties - Nairaland

Nairaland Forum / Nairaland / General / Properties / Investing In A Chain Of Filling Stations Or Building Houses For Rentals? (1123 Views)

Buying Or Building A House.. Which Is Better? / Anambra Begins Sealing Of Filling Station In Residential Areas (Photos) / Advise Needed: Buying A House Or Building One From Scratch (2) (3) (4)

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Investing In A Chain Of Filling Stations Or Building Houses For Rentals? by francdec4(m): 6:34pm On Oct 03, 2016

I wish to seek for candid advise from the well informed and good Nairaland families. Which is a better investment to make. Going into filling station with a view to growing it to span the 36 states of the federation in the future or to invest in buildings with the aim of renting out (residential) also with a future aim of expanding it to major cities of the country as time progresses.

Thanks for anticipated insightful advice.

Re: Investing In A Chain Of Filling Stations Or Building Houses For Rentals? by Fadelex(m): 7:29pm On Oct 03, 2016

francdec4:
I wish to seek for candid advise from the well informed and good Nairaland families. Which is a better investment to make. Going into filling station with a view to growing it to span the 36 states of the federation in the future or to invest in buildings with the aim of renting out (residential) also with a future aim of expanding it to major cities of the country as time progresses.

Thanks for anticipated insightful advice.

Having filling stations is more profitable (depending on location and PR) but requires more capital to start and operate. You'll also need a proper management to succeed in it. But building residential houses is less stressful and you'll only need a reputable agent to put in charge, carry out periodic maintenance to have good returns on investment.

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Re: Investing In A Chain Of Filling Stations Or Building Houses For Rentals? by francdec4(m): 7:47pm On Oct 03, 2016

Thanks Fadelex for your great input, forgive my ignorance what is PR as you stated?

Re: Investing In A Chain Of Filling Stations Or Building Houses For Rentals? by Fadelex(m): 7:53pm On Oct 03, 2016

francdec4:
Thanks Fadelex for your great input, forgive my ignorance what is PR as you stated?

public relations.... That's the best form of marketing for a filling station

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Re: Investing In A Chain Of Filling Stations Or Building Houses For Rentals? by Referendum50(f): 7:54am On Oct 13, 2017

francdec4:
I wish to seek for candid advise from the well informed and good Nairaland families. Which is a better investment to make. Going into filling station with a view to growing it to span the 36 states of the federation in the future or to invest in buildings with the aim of renting out (residential) also with a future aim of expanding it to major cities of the country as time progresses.

Thanks for anticipated insightful advice.

both are good but considering the future of cars which is electric cars... The other one will be better

Re: Investing In A Chain Of Filling Stations Or Building Houses For Rentals? by francdec4(m): 7:53pm On Oct 14, 2017

Thanks a lot for the insight.

Referendum50:
both are good but considering the future of cars which is electric cars... The other one will be better

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