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Things You Must Know Before Investing Into Real Estate In Any Part Of The World! - Properties - Nairaland

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Things You Must Know Before Investing Into Real Estate In Any Part Of The World! by kolexproperties(m): 12:35pm On Dec 09, 2019
Things you Must know Before Investing into Real Estate In any part of the world!!

As with many other aspects of life, the real estate business can be a real jungle to maneuver. For many of us, it’s exceedingly easy to lose focus, make bad decisions and get sidetracked along the way (often times, without even knowing it).

Subsequently, we will be delving into things you as an individual, corporate or prospective investors need to know about real estate investment.

Understand how location relates to values. I have seen numerous buyers purchase properties without understanding the value of various locations. They think they are paying a good price based on square meters without having a grip on how an area can have a dramatic effect on value. – “Bill Gassett”
Take action. We all have fear when we doing something that pushes us out of our comfort zone. The only way around fear is to take action and find out there was not much really to be afraid of. It will be uncomfortable at first, but like anything else, you will become used to it and will most likely get excited about it. I know it did. You couldn’t shut me up when it came to seeing houses and making offers. – “Danny Johnson”
Avoid penny-pinching and the scarcity mentality. But definitely set a realistic budget and add to it every chance you get. Outsource as much as possible to maximize your time. Always shoot for a high return on your investment, but please don’t ever expect something for nothing – “Jerry Puckett”
Do NOT start out investing with a plan you constructed on your own. This includes deciding what/when/why/how to buy your first investment property(s). It’s not that you don’t know the answers. It’s that you don’t know all the questions. – “Jeff Brown”
Treat your real estate just as an actual business. This means creating a plan of action, implementing those actions and growing your portfolio over-time. Don’t forget – always track your business expenses…these can give you big savings at tax time. –
THE RISK FACTOR IN REAL ESTATE INVESTMENT

As far as any form of investment is concerned; the element of risk in that venture cannot be overemphasized.

Every investment can be thought of in terms of a simple risk: You’re going to put X on the table and play a game, and you’re going to walk away with Y. If Y is greater than X plus expenses, you win! If not, you lose.

In almost every form of media available to us, we see risk-takers being lauded as the “movers and shakers” of the world. People who achieve impossible ambitions, who stand up to overwhelming authority or power, or who survive insane circumstances through guts and skills — these are the people we’ve been taught to laud.

But property investment is neither a superhuman venture nor a movie: You’d better have a really solid understanding of RISK before you get in on this game. A person’s risk profile is composed of 4 elements:

* Risk Tolerance

* Risk Appetite

* Time Commitment

* Monetary Goal

Your personal tolerance for risk (or, as the case may be, intolerance of low reward) is THE MOST SINGLE important factor in any real estate investment.

Basically, the risk element in investing at Invest In Lekki has been taken to the barest minimum specifically putting the interests of our customers first and your returns on investment is guaranteed .This is as result of the fact

that our lands:

* have proper and approved documentation

* have fast appreciation

* prime location

HOW TO MAKE IT BIG INVESTING IN REAL ESTATE

Investment fads come and go, but this much is certain: People will always need a place to live. And right now, the stars are aligned for investors who want to make a lot of money meeting that need. To get started, you need good credit and a little cash, although leverage will take you a long way. You also need a stomach for risk.

All real estate is extremely high risk. Development of real estate, land, private real estate funds, etc., all have much higher risk profiles than just simply buying a nice established cash flow investment property. In many of those investments, you will never see a dime of your money again because there are just so many things that can go wrong! So if you want to own real estate, consider simply taking fee simple title in your own name – or an entity you wholly own – to the properties you purchase. In addition, you must do the needful, to make a lower risk real estate decision.

If you’re looking into real estate investments, you likely want to earn wealth on real estate based on risk you are taking, while minimizing the amount of time you need to spend attending to the property. In order to accomplish this, you need to make some smart choices upfront when buying investment property. Invest in Lekki is here to assist you in making right investment decision with lower risk.

“Action is the fundamental key to all success.” Take the right action today. We are always at your service.

CONTACT US FOR INVESTMENT ADVISE HERE IN LEKKI LAGOS NIGERIA…

CALL/WHATSAPP US NOW: +2348082952354








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