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Smart Land Flipping - Investment - Nairaland

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Real Estate Investment: Land Flipping / Reinvest In Land Flipping With Good Return / Make Thousands Of $$$$ Via Domain Name Flipping Business (2) (3) (4)

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Smart Land Flipping by Morisakin(f): 11:41am On Dec 02, 2021
Whenever I meet prospects who want to.buy land, the first thing I ask them is the purpose of the land.

I ask them if they are buying to build or buying to keep.

One of the ways to make money in real estate is to buy and keep, then sell later after it must have appreciated.

It's called land flipping.

land flipping is a type of real estate investment that involves buying land at low price and selling at a.higher.price after some years when it must have appreciated.

To make money with flipping, you need to take these 3 things into consideration.

1.LOCATION

Location is very key when taking a decision to buy land for Investment purpose.

key features to look out for are;

locations in emerging markets where real estate development are fast coming up .

Research has it that locations that are fast developing has higher potential for faster real estate appreciation.

locations where industrialization and commercialization are concentrated.

locations where government attention is focused.

locations close to universities,Airport , train terminus , free trade zones ,seaport and oil refinery.

A good example is the Ibeju Lekki area of.Lagos state

2. PRICE

Watch out for low cost lands or properties

What makes a smart land flipper is the ability to identify potential high viable areas and buy lands while the prices are still relatively low.

You find these when properties are at thier pre launch state or are.being sold on promo .

when a property is just about to be launched, you find real estate development Companies offering few plots of such properties at below market price.

Another period to watch out for are special seasons like Christmas, Ileya, Independence and black friday, you see properties being offered on promo( reduced prices).

3.TITLE

Avoid properties with inconclusive titles like excision in process so that.when you want to flip or sell ,you won't have to deal with title issues.

Interested in investing in Real Estate, here is a once in a life time opportunity .

This property is 15 minutes drive away from the Lekki free trade zone and 5 minutes drive away from Amen Estate,with close proximity with the deep sea port, Lagos fetilizer plant, the proposed airport, the proposed 4th mainland bridge, dangote refinery and a host of big industries like the Dani milk,power oil and kellogg's.

it has.a good title and it's currently selling at a prelaunch price of #850,000 and in 5 years time you can flip this property for as high as #8.5M

It's coming with a flexible Payment option where you can lock down your plot with 50% initial deposit and spread the balance till February.

This is the time of the year when salary earners are paid christmas bonuses, profit sharing and.13th month bonus.

Don't blow that huge amount of money for christmas and new year celebration, make a decision that your future self will thank you for, invest in 'WURA' before the 15th.january official launch date when the price will be increased

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