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Buy And Wait. A Solution To Nigeria's Mass Housing Problem? - Properties - Nairaland

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Buy And Wait. A Solution To Nigeria's Mass Housing Problem? by Nobody: 9:07am On Jun 27, 2012
A longtime real estate entrepreneur and successful business man once made this statement: “Don’t wait to buy real estate, Buy real estate and wait.” This solid advice works.

With the exception of encountering a man-made disaster such as the 2010 crash in the stock markets which had a great impact on the real estate market, real estate generally increases in value.

Some areas such as the Central business districts in Lagos areas may increase more quickly than other parts of the country, but for the most part, real estate increases in value.

Most regular people invest in their own residences but fail to leverage their “financial freedom” through additional real estate investments. Three steps are essential here:

1. Develop a strategy based on your situation and investment objectives (https://www.nairaland.com/968862/7-successful-property-investment-strategies).

2. Seek expert advice. Real estate is a multifaceted adventure and you can't knows it all. Having a team of experts with whom you have confidence working with will make the process of prospecting and purchasing seamless.

3. Work your plan. Use your investment guidelines to build your portfolio,assemble the best team to help you make the best decisions, and dedicate time on a regular basis to continue to
study the market. There is one thing you can be sure of real estate changes every day. It does not change as fast as the stock market, but something impacts real estate daily - Company lay-offs, new company start-ups, public transportation, new taxes, new schools, new shopping centers, and renovations of downtown areas.

So enjoy earning while you wait. Build wealth one house at a time. To learn how buy and wait strategy can work for you,read https://www.nairaland.com/957993/build-stunning-4-bedroom-home

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TO LET- 4 Bedroom Detached House On Ajao Road Surulere / Land For Sale In Omoku, Onelga, Rivers State / 4 Good Commercial Buildings Good For Banking Hall In Yaba

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