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Nairaland Forum / Nairaland / General / Properties / Real Estate Never Depreciates: How True? (15025 Views)
How true? / Buy 2M Now Sell 20M In Five Years Risk Free Investment That Never Depreciates / Real Estate Never Felt So Good With This Flash Sale With Great ROI and C of O (2) (3) (4)
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Re: Real Estate Never Depreciates: How True? by Mecoy(m): 5:50pm On Nov 03, 2019 |
MiddleDimension: We have geotechnical engineers who specialise in that. I can recommend a few, depending on your location. 2 Likes |
Re: Real Estate Never Depreciates: How True? by ADAMUdaCOWBOY: 6:00pm On Nov 03, 2019 |
naijadrivablog: |
Re: Real Estate Never Depreciates: How True? by ChineduPeters(m): 6:51pm On Nov 03, 2019 |
Very true. It never depreciates. Your analysis above is only valid when someone does not do enough due diligence before investing in real estate. Before you buy a land, try and find out why the owner wants to sell. Yes! Most owners will tell you it's because they need the money but you'll do yourself a whole lot of good if you ask questions around. Enquire from others who live or own properties around the area what are the future plans for development within the vicinity and how serious they are to actualise that. There are so many things to do to ensure enough due diligence is carried out. Just make sure you contact an experienced real estate practitioner who will have your interest at heart. An genuine, experienced real estate practitioner knows it's not totally about the money he/she will get from that transaction that is their concern. They want customer satisfaction and future referrals. Ask probing questions before you invest. Do not just invest because you heard stories about how others made tons of money. I can go on and on and on but I hope you get my point. 3 Likes |
Re: Real Estate Never Depreciates: How True? by Landexpert: 7:14pm On Nov 03, 2019 |
Real estate in Nigeria never depreciate. Worst that can happen is that it will be appreciating slowly. Go and price a plot of land at Apapa or go rent an apartment there and see the prices they will quote for you. Even with all the bad roads and blockage of containers and tanker drivers there. Real estate even on a small scale remains the best investment ever. 1 Like |
Re: Real Estate Never Depreciates: How True? by Ronline(m): 7:17pm On Nov 03, 2019 |
There are many fraudsters in that business. |
Re: Real Estate Never Depreciates: How True? by INTEGRITYA1(m): 10:11pm On Nov 03, 2019 |
naijadrivablog: Great. I'm a real estate consultant. |
Re: Real Estate Never Depreciates: How True? by MiddleDimension: 5:14am On Nov 04, 2019 |
Mecoy:i wonder why people quickly market themselves when questions like the one i asked is asked. i think people in general should calm down and be more willing to share information. ofcourse, as you do this, you demonstrate your competence and knowledge even better. you will natutally be the one they will call upon. this is a better marketing strategy. 1 Like |
Re: Real Estate Never Depreciates: How True? by pacespot(m): 11:07am On Nov 04, 2019 |
Reference: That explains why we have massive real estate without buyers. Right? Empty houses everywhere |
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