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How To Invest In Real Estate In Nigeria!!! by Ogecentric(f): 1:46pm On Feb 04, 2019 |
Both Nigerians and foreigners are currently very interested in investment opportunities in Nigeria. Today's economy provides many opportunities to join the investment business, and no other sector promises as much financial success as Real Estate. If you take a look at the list of Nigeria's richest people, you will find out that most of them build their fortunes using property. Here are a list of investment opportunities in real estate: 1. RENTAL PROPERTIES : Most real estate investors start their journey to financial independence through rental properties. Out of all investment opportunities in Nigeria, this is the most welcoming to beginners and is almost impossible to fail. As an investor, you purchase a set of properties and lease it out to tenants, making you become a landlord. Being a landlord has its own benefits - most importantly, steady monthly income you can count on. Though there are some downsides to renting out a property, but stability and easy start make it one of the most popular investment in Nigeria.. 2. PROPERTY FLIPPING: Essentially, property flipping is buying real estate and reselling it shortly afterwards, thereby increasing its value. Obviously, you'll get the biggest profit from buying and selling expensive houses, apartments and plots as often as possible. However, beginners in real estate can join the property flipping business by purchasing one plot of land and reselling for profit. 3. INVESTING IN REAL ESTATE DEVELOPMENT... When it comes to expenses of real estate investment in Nigeria, development is by far the most demanding one. Usually, property development is reserved for investors with a respectable portfolio and enough money for risky operations. Investment in real estate development isn't a way to make quick profits. This means you need to have another source of income for investment returns. 4. COOPERATIVE: Cooperative real estate investment is a suitable option for everyone from beginners with a small capital to experienced investors who want to try new ventures. Cooperative consists of a group of people where each member contributes money for the cooperative to buy a piece of land. The land can then be sold to a builder, or the cooperative can continue to own it, developing their own property and sharing the expenses and profits. These are the few ways one can invest in real estate here in Nigeria. #realestatetips #realestateinvestment #lagosrealtor #propertyinvestment #realestateinnigeria #lagos #landbanking #landflipping #realestatedevelopment You can follow me on my social media platforms http://www.Facebook.com/ogecentric's_ville http://www.Instagram.com/ogecentric's_ville Thank you |
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