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Nairaland Forum / Nairaland / General / Properties / Investing In A Chain Of Filling Stations Or Building Houses For Rentals? (1179 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)
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: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. 2 Likes |
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:public relations.... That's the best form of marketing for a filling station 1 Like |
Re: Investing In A Chain Of Filling Stations Or Building Houses For Rentals? by Referendum50(f): 7:54am On Oct 13, 2017 |
francdec4: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: |
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