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10 Reasons To Considered Before Buy A Property In Lagos. by Jessebills(m): 11:02am On Apr 15, 2016 |
10 REASON TO INVEST IN REAL ESTATE. 1) All millionaires have one thing in common; they’ve either made their wealth through real estate or hold part or all of their wealth in real estate. Why not model what is proven and successful? 2) It’s the most tax advantaged investment asset in the world. You can take depreciation deductions, interest deductions, expense deductions, and ultimately come out paying little or no taxes on the money you’ve earned (legally too). 3) It’s the easiest way to leverage other people’s money (OPM). Conventional loans can be had for 20% down – so you can control a million dollar asset with only $250,000 down. You can’t do that with paper assets, unless you’re using a margin account (and that requires you have a significant cash reserve and comes with many other limitations). 4) It’s the best way to leverage other people’s time (OPT). Smart real estate investing creates truly PASSIVE cash-flow. You will probably end up spending less than a few hours a month managing your portfolio if you do it right the first time, because you will have the best experts and professionals on your side. 5) It allows money to work for you. When done right, a good portfolio not only pays for itself, it pays you consistently. Your debt is paid down by your tenants, which builds equity, and as rent increases, your property goes up in value (oh, and you make money every month, did I mention that?). 6) It’s one of the best hedges against inflation. A 30 year mortgage at a 4 or 5% interest rate is basically erased over the course of its existence if real inflation continues at or above 6%. So while the dollar loses value, the debt you owe actually becomes less and less expensive. This is a very complicated topic, but if you’re wondering how this works, shoot us an email and we’ll explain! 7) Investing for cash-flow has a better (and more consistent) return than paper assets. From October 2007 to October 2012, the Dow Jones Industrial Average was down 15% (better than down 50%, like it was in March 2009). Conversely, rents have increased over 8% in the same period. Wait, but what about the housing bubble! You can ‘lose value’ and still make money. Home prices have gone down in the last few years. If you purchased a home to live in as an ‘investment’…well, we hope the banks haven’t foreclosed on you. Real estate INVESTMENT properties can lose value, be ‘upside down’, and still make you money – as long as rent covers your debt and pays you, you’re good for a long, long time. 9) In terms of making money from investing, it’s easier and more accessible than just about anything else out there (again, when done right). If you want to be successful at anything, it’s going to take lots of education and you’re going to need experts to help you, but real estate investing is accessible to anyone. You can try to time the market and trade stocks, or try to create a business from scratch – and you should definitely try those things if you’re interested in them – but in terms of investing, real estate is the most accessible and consistent path to wealth creation. 10) It’s fun! We are investors ourselves, and building our own portfolios is one of the most satisfying experiences around. To see your wealth build more wealth in tangible assets is addictive to say the least. Try purchasing one successful investment and see if you can stop (We bet you can’t) WE ARE OFFERING OVER 300 ACRES OF LAND DIFFERENCE LOCATIONS AT LEKKI. ECLIPSE GARDENS CITY AT IBEJU-LEKKI is another quintessential development from the stables of Sterling Homes Limited. The Estate is situated off Km 42 Lekki Epe expressway. ECLIPSE GARDENS is very proximate to Amen Estate and about 1minute drive from Mayfair Gardens, LEKKI Free Trade Zone and Lekki Peninsula. There are several notable landmarks before ECLIPSE GARDEN, these include Lagos Business School, Crown Estate, Farapark, Green Springs School, Sapphire Gardens, Mayfair Gardens and Beechwood Estate. INFRASTRUCTURE: - Perimeter Fencing – Sewage disposal system - Electricity - Ultra modern borehole - Recreational facilities. - Environmental Security - Good Road Network, etc THE BENEFITS OF THE SCHEME: • Liberation from the canker worm of the ‘Omo oniles’ • No issue of fictitious Vendors • Flexible Payment Plan • Fast land appreciation for speculators • No agency fees required. • Burden of procuring C of O is completely removed. PRICE; N1.5M TALK TO MR BILLS for info and landtour +23408120011124 08108181157 |
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