Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,456 members, 7,816,063 topics. Date: Friday, 03 May 2024 at 01:42 AM

A Quick Tip On How You Can Kick-start Your Journey As A Real Estate Investor - Properties - Nairaland

Nairaland Forum / Nairaland / General / Properties / A Quick Tip On How You Can Kick-start Your Journey As A Real Estate Investor (130 Views)

Important Land Documents And Titles You Should Know As A Real Estate Investor. / Become A Visionary Real Estate Investor. / Ways To Avoid Being Scammed As A Real Estate Investor (2) (3) (4)

(1) (Reply)

A Quick Tip On How You Can Kick-start Your Journey As A Real Estate Investor by Mohsandhomes(f): 10:18pm On Nov 16, 2021
Wondering how you can kick-start your journey as a Real Estate Investor,this is one of the fews ways that can aid the beginning of your journey in Real Estate.

You can kickstart your Real Estate Investing and Ownership via a practice called LANDBANKING.

Landbanking is a practice of buying in mass parcels of land for future sale or development.

It requires buying lands within emerging locations which might be 20-30 minutes or more to the main town where we have major developments or future prospects whilst you must be willing to wait for an average of 2-4 years for it's development and also to offset few plots for Capital Appreciation.

All you need to do is to
-Carry out critical Due diligence on the property(ies)to ensure the genuinty of the land before buying it.
-Make payment for the land after all your enquiries about the land has been fully and positively satisfied.
-Perfect a proper documentation of the property a and take possession of your land(s).
-If Possible do a perimeter fencing around the lands depending on your land size to avoid any form of trespassing on the land.
-Visit the place monthy /quarterly to check out for latest developments in the environment and also try and be clearing the site within a specific time range.
-You can engage the land(s) by leasing it out for agricultural ,commercial or Event activities with a legal backup.

A critical understanding of this will help you appreciate Real Estate Investing better.

(1) (Reply)

To Let Miniflat At New Garage Is #350k And Miniflat At Akoka Is #400k And Shop / Eastwest Properties - Property For Sale / For Sale Semi Direct 7bedroom Duplex Fully Detached. Location. Canal Est

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.