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Opportunities In Real Estate by kingcolearchive: 10:54am On Jan 31, 2019
Investment Opportunities in Real Estate
Investment opportunities abound in real estate. Start with what you have. As you grow in the business, you can expand your portfolio. Or you can start big straight away if you have access to capital. In this article, I will only deal with real estate categories that are peculiar to Nigeria. Suffice to say this article is made especially for beginner real estate entrepreneurs. Here are some of the areas you can invest and make your own money without tears.

1. Land Flipping

This means buying land and quickly reselling it for profit. This is one of the smartest investment in the industry and requires no effort whatsoever. Just your money and knowledge and you are good to go. You will need substantial amount if you want to make hundreds of millions but you can start small by buying just one plot and grow to buy tens of plots and acres of lands and keep selling all year round.

2. Open Space Leasing

This works in a simple and unique way. Buy a property in a good location and lease it out for makeshift use. You can lease it to churches or business that wants to develop a makeshift outlet such as car wash and mechanics. They will be paying you monthly range while the property still appreciates for future sale. It is like borrowing money for someone and get paid double interest and still get your money back.

3. Real Estate Agency

This one is the simplest and easiest of them all. It is not an investment per se but service rendering. How does it work? Go round and look for properties to let and for sale, advertise your service and help secure clients for the property owners, you will be paid a percentage as commission base on the amount the property is sold or rented. You can start with little or no money and if you are smart enough, you will grow to become a giant realtor.

4. Property Development

This is where the big guys in the industry are doing their stuff. They acquire properties in nice locations, develop it into luxury apartments, commercial structures, etc and sell at a very high-profit margin. If you spend N200 million to develop a property, be sure you are going to sell for N400million.

5. House/Office Rent

Build a house and put it up for rent, get paid all year for a lifetime. That is exactly how this work but there is much more to that than I just stated, watch out for detailed articles on this soon.

In the coming weeks, I will be publishing articles from our ongoing researches and advice from professional real estate investors and experts in the industry on various aspect of investments. Keep visiting regularly, you never can tell when any of those incisive juicy articles will be published.

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