HOW TO INVEST SMARTER AND EARN BIGGER IN THE REAL ESTATE SECTOR


If you're looking at real estate from investment point of view, here's a professional advice to help you invest smarter and earn bigger within a short period of time.


Look at the attached picture.


Have you?



Good. Now, let me gist you.



That's a 3 bedroom flat with a BQ in Wuye, Abuja.



Here's the thing.


Some people bought a unit at 29M naira.


Others bought at 32M.



Others bought at 55M.


And another set of people bought at 60M.



Same Estate.



Here's what happened.



Those who bought at 29M naira were the first set of people to buy as off plan.



They made an initial deposit of 10m and paid the balance over a period of 12 months.



When the project had started to some level, the company increased the price to 32M naira per unit.



Same thing. You pay 10m and pay the balance over a period of 12 months.




Well, the estate is now finished, fully occupied.




Those who bought at 55m per unit are those who bought from the people who bought either at 29 or 32M, now that the estate is completed.



Some people even got a unit at 60M.




Let's say you're tired of keeping money in the bank, where the money isn't increasing, but rather reducing.


Or


Let's say you're tired of falling victim to investment platforms that usually crashes.




You want to consider real estate sector, and invest in it.



Now, the rent for the 3 bedroom flat with a BQ is 3.5M per annum.



3.5M Multiply by 10. (Years)


Let's assume that at some point the rent will reduce because the house isn't new again.



�


3.5M X 5

2.5M X 5


After ten years, you must have made almost the entire money you had used to buy the house, assuming you bought at 29 or 32M.



But what if you bought at 55 or 60M?



It'd take you way longer, to make your money back through rent.



Of course, you can decide to sell the house after renting it out for 10 years.




Permit me to ask you, please.



Someone who bought a unit at 29M and someone who bought at 60, both giving out the flat for rent to earn passive income, who is smarter?




You're welcome �

Well done.