Hello nairalanders,
I and a friend were considering investment options, and the two ideas as stated above came up, which do you think is the best to go with?
What are the pros and cons of the two ideas?




Mods, please help move to front page so that we can get more insight

bro just buy land, its a good investment, but if u have enough money buy enough land and d car, so u will be generating some income, just that if uber car problem start, u self go tire

DO U AV A SALARY JOB? IF YES, GO FOR LAND BUT U MUST CARRY OUT INVESTIGATION ON D SAID LAND FOR UR CASH NOT TO ENTER VOICE MAIL. IF U KNOW U WILL BE THE ONE DRIVING THE CAR, GO FOR UBER. DON'T EVER THINK TO GIVE IT OUT TO A DRIVER IF U DON'T WANT TO DEVELOP HBP.

abeg make una answer, me sef wan know

As an Ikwerre man that I am, my insticts say go for the land

But if you know you'd be doing the driving yourself and you've seen that the Uber business in your vicinity is doing well, go for the car.

Make sure u are driving it yourself oh. I know y ayam saying this.

Give your logos a 3D look today for your social media pages for just 1k.

Send your messages

Whatever makes u happy.

Do sensible business, multiply your money, buy house when you can afford it

9-5 at a bank.

Land doesn't depreciate ....it add value every single day

Damnnnnn
My real niggarrr

Land appreciate niggarrr
But you have to wait for it to appreciate

But if you need slow money. Then invest on selling cement in developing area
For every six hundred bags of cement you buy and sell
You might get a profit of almost four hundred thousand naira

But if you want quick money then open an HK (huzzle kingdom)
Meet real niggarrrz for tools and format and be loyal to them. Because in this game nobody be super man. Every body still dey learn work

If only u will be d one to use d car for uber

Land appreciates over time, but house depreciates over time.


Perfect Money/Payeer/Epay/Neteller/Skrill: ItuGlobal

The question is basically between
Cash flow and capital gain.
Your choice.

Uber i guess.. honest truth is real estate isnt all that lucrative as people make it to seem...

selling a real estate asset sometimes takes over 2 years(atleast to get real profitable buyers)

Rent ratio to cost of construction and renovation is just not lucrative

The golden fact is Transport , Logistic and Hualage is a major gold mine in Nigeria, Railway and NRC was collapsed for trailer cabals, and Ambode got booted out for trying to stop and replace lagos yellow bus (danfo) with his mini busses..

..

Hmmmm

If you will be driving the car for Uber go for it, if not, just go for land, raise the fence and continue with your salary job.

Land is better. So Uber na investment program

if u gonna manage and do the business by yaself, buy the car from the profit u can consider other investment

Get Uber car and use the proceeds to buy land in a years time

Land

Depend on where u are planning to buy d land... But if u are d one driving the car.. Go for ulber

I will advice to invest in property landed instead of buying car for uber

Uber car go depreciate with time while land will appreciate. But it depends on how fast you want your money

Buy car for UBA, use the proceeds from UBA business and buy land. Land appreciation takes a longer time than UBA business proceeds.

Thank me later.

Newguyhere:
Non! . land or car isn't an investment in a third world country
Learn a digital skill and start freelancing
My 2 cents

digital skill like?

If you have any source of income, get a land but if u don't go for the uber make hunger no kill u

What really is your end goal to make money out of them? I'm asking because unless u have money to develop the land to a house or you buy a land in a lucrative area to flip it when prices rises in a few yrs time, land may not be what you need now....do your feasibility studies well on UBER driving and see how u make some money with it first....las las, you buy a land in not so much a rushed after place but at least u have your own land and house....a place like Ogun State eg Abeokuta isnt bad.

crafteck:
Do sensible business, multiply your money, buy house when you can afford it

this is the worst advice ever, many old men who are still living in rented apartment believed they will one day make enough money n buy house. bro go for land if u are a salary earner n if u think of uber just don't think of giving it to a driver, if u are going to be driving it yourself buy a car n u can get land from the proceed

Draw up a table showing the costs and revenues associated with each one over 5 years, 10 years and 15 years, including depreciation of the car and appreciation of the land.

Keep your figures conservative and realistic.

Jamesbiodun:
bro just buy land, its a good investment, but if u have enough money buy enough land and d car, so u will be generating some income, just that if uber car problem start, u self go tire

Pls while considering land niceproperties.com.ng
www.Facebook.com/niceproperties2
As the best answer, we have affordable landed properties at lekki, ajah, ibeju lekki, simawa, mowe, epe Lagos or any area u want go for land its a silent investment that can never depreciate, uber is good but land is better