Real estate investing can be complicated, at least for beginners. There’s a lot to learn, and the room for mistakes is HUGE, given that the consequences can be enormous in the long run. The real estate market might not seem as volatile as stocks, but the risks are high, and the returns are often not predictable. No matter whether you are buying your first home or want to invest in properties with the intention of selling them later, you need to double check the initial steps.

In this post, we are going to talk about 5 tips that matter for right real estate investments.

1.Location. Well, this is probably a no-brainer. A property is valued by its location, either at the moment or in the future. Before you check for other things, this is the first aspect that you need to understand. Keep in mind that a particular location can depreciate or appreciate over a period of time, so you need to consider the right factors. Lagos, Abuja and Port Harcourt are top places to invest in Nigeria right now.

2.Seek help. When it comes to real estate investing, seeking help from brokers and agents can be useful. Don’t worry so much about the costs of hiring them, because the benefits and assistance will cover for everything. Agents know the local areas, and they have the right kind of information you would need for a listing. They are also a step ahead in finding buyers and sellers, so if you intend to sell the same property later, they can offer their services, which can ensure a better sale price.

3.Don’t spend your savings. Most people plan to use their savings to fund their first purchase, which isn't the right thing, especially if you have a good credit score. Real estate loans are easy to get, and you can choose to get flexible repayment terms. This can largely help in minimizing the immediate financial burdens. Contrary to what many think, real estate loans are actually handy for long-term financial planning

Investing in a business with zero capital does not mean you don't have cash, in most cases those who use this strategy of zero capital are business people who used OPM- other people's money to Invest and there are so many ways to invest with OPM which will be discussed in topics to come.

4.Understand your goals. Let’s say you want to buy a house immediately. Do you want to sell it off within five years? If yes, you wouldn’t want to purchase a property that needs a lot of urgent repairs. In case you plan to keep the house, you would want a home that’s low in price and can be customized for your needs. Understanding and appreciating your financial goals is not only important but extremely vital in the long run.

5.Negotiate. The sale price is not always the final price. In most cases, people hire agents and real estate brokers, who negotiate things on their behalf. The price is decided on a lot of factors, and you need to understand these aspects by discussing things with the agent. For example, if the house doesn’t have a well-maintained basement, you can use that as a pointer to reduce the asked price. In short, identify the things that can work in your favor and move ahead accordingly.

Check online now to find more about listed properties and real estate agents in your area,,

Happy Investing

Good evening

Please tell me how to open your own business. I have a budget, but I do not know how to properly spin it up so that there is a big profit. Maybe there are people who do this?

In order for the business to bring big profits, you need to properly promote it. There are many good specialists who register businesses and open accounts remotely. I can recommend incorporation of hong kong company. They have helped a lot of my acquaintances and now they are making very big profits and are recommending these specialists to others.

OliverStelin:
Please tell me how to open your own business. I have a budget, but I do not know how to properly spin it up so that there is a big profit. Maybe there are people who do this?

depends on the kind of business you want to open

If you are into real estate then you will need a lot of capital if you really want to start seeing result.

I'll also recommend that you know your audience and know how to get to them no matter the business you are going to start

Your business needs not be perfect to survive but it sure needs customers.

Looking for targeted customers will include Marketing and the rest (mainly online)

So no matter the business you are doing, make sure you are very good at marketing first