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Nairaland Forum / Nairaland / General / Properties / Land Investment Myths And The Truth About Them (16538 Views)
Common Real Estate Investment Myths Debunked / Common Real Estate Investment Myths Debunked / Please Avoid This Land Investment Mistake (2) (3) (4)
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Land Investment Myths And The Truth About Them by Viktoreze(m): 9:43pm On Oct 21, 2019 |
Now, one thing I tell everyone is learn about real estate. Repeat after me: real estate provides the highest returns, the greatest values and the least risk. Land investment myths are popular for inducing tension, anxiety, and confusion. Am I too young to invest in property? Are property investments safe? What if the prices fall? Do I need a lot of money to buy land? These are the kind of questions that clouds our minds when it comes to investing inland. Although these land investment myths are false. Below are some popular myths and the fact of land investment in Nigeria. Wealth is a requirement There is no iota of truth in this statement. The truth is that you don't need to have all the billions before you can afford to invest in real estate. Buying Land Is Not Simple And Straightforward This is a myth that real estate experts have taken up the responsibility to correct; buying land requires proper due diligence but this does not mean it is a complicated process. When you want to buy land, you have to be very thorough to ensure you avoid issues in the future. there are processes to be followed which in itself are not burdensome but rather to help clear your doubts on your investment. You need a lot of experience to be a real estate investor Experience comes with practice. you won’t be experienced when you first start out as an investor. what better way is there to get really good at your new skill than by practice. Buying land at a cheap cost is all that matters The idea that when buying land, the only thing that matters is its affordability is one of the most popular land investment myths in Nigeria. In the real estate sector, it is possible to buy land that cost you a lot of money yet comes with the possibility of giving you a high return on your investment. Thank you. � 7 Likes
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Re: Land Investment Myths And The Truth About Them by Viktoreze(m): 9:32pm On Oct 24, 2019 |
Find out where the people are going and buy the land before they get there.” ~William Penn Adair 10 Likes 2 Shares
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Re: Land Investment Myths And The Truth About Them by Viktoreze(m): 8:42pm On Nov 04, 2019 |
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” ESTATE NAME - SAFARI PARK PHASE 2 PROMO PRICE - 600,000/PLOT LOCATION - ODE- OMI, IGBOGUN ROAD, FEW MINUTES PAST LACAMPAGNE TROPICANA BEACH RESORT, IBEJULEKKI TITLE-REGISTERED SURVEY AND DEED OF AGREEMENT WITH LAND OWNERS Call Victor Eze on 08158961762 or 08092724970 for more detailed inquiries 12 Likes
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Re: Land Investment Myths And The Truth About Them by Techguyz(m): 7:19am On Nov 05, 2019 |
J8 1 Like 1 Share |
Re: Land Investment Myths And The Truth About Them by QuickStandard: 7:19am On Nov 05, 2019 |
T
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Re: Land Investment Myths And The Truth About Them by naijadrivablog: 7:21am On Nov 05, 2019 |
It is true that experience comes with practice but you don't practice with your hard earned money. If you can't get your head around it, get a trusted realtor, though at a fee but it is better than loosing totally. Some people bought land and before you know, their lands was resold by omoniles, others bought a land belonging to another person. A TRUSTED professional will help you avoid this. 9 Likes |
Re: Land Investment Myths And The Truth About Them by Slawormir: 7:21am On Nov 05, 2019 |
Okay |
Re: Land Investment Myths And The Truth About Them by Dshocker(m): 7:21am On Nov 05, 2019 |
So true..... 2 plots of land my dad was supposed to buy early 90's that was a chicken change to him then was sold to a bank for N200m in 2007 11 Likes |
Re: Land Investment Myths And The Truth About Them by duality(m): 7:24am On Nov 05, 2019 |
Viktoreze: I want to buy, I don't have much money. If you know how much I have, you may advise I don't buy. What should I do? Considering the amount I have, the location of the land may be years away from developing. Will it be still secure up till that time? What should I do 1 Like |
Re: Land Investment Myths And The Truth About Them by chinavs9ja(m): 7:24am On Nov 05, 2019 |
Okay |
Re: Land Investment Myths And The Truth About Them by Cmeo(m): 7:26am On Nov 05, 2019 |
.Thumb up for the OP sha. I didn't learn any myths and truth here. 10 Likes |
Re: Land Investment Myths And The Truth About Them by Viktoreze(m): 7:28am On Nov 05, 2019 |
duality:The journey to being a real estate mogul starts small... So your present budget is not a hindrance. Just WhatsApp me on the number in my profile and I'm sure we can work something out. 3 Likes |
Re: Land Investment Myths And The Truth About Them by Viktoreze(m): 7:32am On Nov 05, 2019 |
. |
Re: Land Investment Myths And The Truth About Them by SolarRen(m): 7:42am On Nov 05, 2019 |
True assertions |
Re: Land Investment Myths And The Truth About Them by SEGLIZ: 7:42am On Nov 05, 2019 |
duality: even at that the land might keep generating income pending development. it would still serve a purpose till then like invest on it agric wise. 1 Like |
Re: Land Investment Myths And The Truth About Them by duality(m): 7:45am On Nov 05, 2019 |
SEGLIZ: Okay, sure it wouldn't be lost because it's not being developed and still far from developing? |
Re: Land Investment Myths And The Truth About Them by flexyrule(m): 7:45am On Nov 05, 2019 |
Real Estate is business for the chicken hearted. The greater the risk, the greater the reward. Realnestate becomes an option when so much money has already been made... 10 Likes 2 Shares |
Re: Land Investment Myths And The Truth About Them by Nobody: 7:47am On Nov 05, 2019 |
I'm sure going into Real Estate when I get small money Take your business to the next level through Social media marketing. Check my Signature for my WhatsApp |
Re: Land Investment Myths And The Truth About Them by technuel: 7:49am On Nov 05, 2019 |
Ok |
Re: Land Investment Myths And The Truth About Them by Viktoreze(m): 7:49am On Nov 05, 2019 |
duality:when you buy from a reputable Real estate company and get the necessary documents on your plot, the issue of losing your land will never arise 1 Like |
Re: Land Investment Myths And The Truth About Them by landforeast(m): 7:50am On Nov 05, 2019 |
Ok |
Re: Land Investment Myths And The Truth About Them by Viktoreze(m): 7:51am On Nov 05, 2019 |
Osinachi1: |
Re: Land Investment Myths And The Truth About Them by pwansunriseteam: 7:51am On Nov 05, 2019 |
Ok |
Re: Land Investment Myths And The Truth About Them by duality(m): 7:55am On Nov 05, 2019 |
Viktoreze: Like which documents please. What if the company no longer exists? 1 Like 1 Share |
Re: Land Investment Myths And The Truth About Them by Viktoreze(m): 8:01am On Nov 05, 2019 |
duality:our company has many estates being built presently with 100s of thousands of subscribers who did extensive researches before buying so we can't just stop existing, smiles... Documents like a contract of sales, receipts of payment,allocation letter, Deed of assignment 2 Likes |
Re: Land Investment Myths And The Truth About Them by SEGLIZ: 8:09am On Nov 05, 2019 |
duality: you can invest in crop that would only demand for farm maintainance and little attention other than you full attention. eg - plantain and banana etc. it's an opportunity else you won't account for that money with the current state of things. |
Re: Land Investment Myths And The Truth About Them by pwansunriseteam: 8:14am On Nov 05, 2019 |
technuel:DESCRIPTION: Talk of the breezy and aesthetic ambience of a flock of trees sandwiched in between geographical and climatic perfection; and resonating with the amplified stillness of a residential masterpiece, what you have is Cedarwood Grove! LOCATION: Cedarwood Grove is situate in the prime & pristine Abijo GRA, Ibeju-Lekki LGA, Lagos State. A low density estate for the choicest and the best investors, it offers limited plots for investors looking at immediate development or long-term investment with a cocksure guarantee of hyper return on investment. The Estate’s TOPOLOGY: It is a 100% dry land TITLE: Certificate of Occupancy. PLOT SIZE AND PRICES: A 300sqm plot is available at an introductory price of N6m on a 3 months’ payment plan. Other payment plans for more plot sizes are also available. For More Information call the number on the Signature below 1 Like
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Re: Land Investment Myths And The Truth About Them by duality(m): 8:14am On Nov 05, 2019 |
SEGLIZ: Nice idea, one needs to be guided sha |
Re: Land Investment Myths And The Truth About Them by ambient: 8:19am On Nov 05, 2019 |
If you are a well connected agent in port Harcourt that can help me sell off my house contact me. 2 Likes 1 Share |
Re: Land Investment Myths And The Truth About Them by SEGLIZ: 8:21am On Nov 05, 2019 |
Viktoreze: the one you tag 300 sqm, what is the state, a plot, half a plot or what? do deal in abeokuta? |
Re: Land Investment Myths And The Truth About Them by SEGLIZ: 8:25am On Nov 05, 2019 |
duality: you sure need it experience thus count. 1 Like |
Re: Land Investment Myths And The Truth About Them by Viktoreze(m): 8:28am On Nov 05, 2019 |
SEGLIZ:600sqms is a full plot in Lagos while 300sqms is half... We have no estates in Abeokuta |
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