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Investing in real estate is more than just finding a place to call home. Investing in the real estate sector in Nigeria has become increasingly popular over the last couple of years and has become a common investment thread.

In Nigeria, the real estate business is truly lucrative and profitable, it has to be Real Estate. The Real Estate sector is currently booming in Nigeria and people are making millions in it, irrespective of the economic downturn, it can be seen as a real money spinner.

One thing very good about real estate business in Nigeria is that the investment opportunities it presents are so diverse, there is something in it for everyone and you grow in the business, you can also expand your portfolio.

Although the real estate market has plenty of opportunities for making huge profits, buying and owning real estate is a lot more complicated than investing in stocks. In this article, we’ll go beyond buying a home and introduce you to real estate as an investment.

Here are some of the ways you can see real estate as an investment that could bring in huge returns and not just the buying of a dream home for you and your family alone.

The Gift of Rental Properties

Investing in rental properties is as old as the practice of land ownership. You buy a property or properties and then rent it out to tenants. You become the landlord responsible for paying the costs of maintaining the property.

Usually, you would charge enough as rent to cover all of the costs associated with owning a rental property as well as a profit portion, hence the need to do enough research about the rental value been charged by landlords in the area, who have the same property. Owning a rental property automatically leaves you having a fixed rental income yearly or monthly. Generally, properties appreciate in value over time, leaving the landlord with a more valuable asset.

There are, of course, blemishes on the face of what seems like an ideal investment as you can end up with a bad tenant who could damage the property or, worse still, end up having no tenant at all. This could leave you with a negative monthly cash flow.

There is also the matter of finding the right property. You will want to pick an area that is conducive for people to live in, also, choose a place that people will love to rent.

Perhaps the biggest difference between a rental property and other investments is the amount of time and work you have to devote to maintaining your investment.
When you buy a stock, it simply sits in your brokerage account and, hopefully, increases in value. If you invest in a rental property, there are many responsibilities that come along with being a landlord. You have to be actively involved in the maintenance and running of your property. However, if it gets too much, you can employ the services of a professional manager which doesn’t come free of charge.

Real Estate Investment Trusts (REITs)

Most Nigerians do not know about the Real Estate Investment Trusts (REITs). REITs are a form of collective investment scheme regulated by the Securities and Exchange Commission (SEC), which pools capital from investors and uses same in the acquisition of income generating real estate, mortgage loans, or a combination of both. The portfolio of underlying assets is placed under professional management to maximize returns to the investors, who are able to hold an indirect interest in real estate on a flow-through basis, placing them in a position as if the property were held as a direct investment. REITs are bought and sold on the major exchanges, just like any other stock

REITs has been found to come with a lot of benefits. One of this is portfolio diversification, as real estate investment offers an alternative to equities and fixed income securities, especially for investors interested in diversification. Liquidity is also another benefit derived from REITs as it makes for relatively liquid assets (when compared to direct investment in real estate) that can be sold fairly quickly to raise cash or to take advantage of other investment opportunities.

Much like regular dividend-paying stocks, REITs are a solid investment for stock market investors that want regular income. REITs also allows investors into non-residential investments such as malls or office buildings and are highly liquid. In other words, you won’t need a realtor to help you cash out your investment.

Land Flipping

This means buying of land and reselling quickly for a profit. javascript:void(0);This is one of the smartest investment and it requires little to no effort whatsoever. It basically involves your money as well as an in-depth knowledge of land ownership and the buying and selling process, you are good to go. You would have to have a substantial amount of money however if you want to make hundreds of millions but you can start small by buying just one plot and grow to buy tens of plots and acres of lands and keep selling all year round.

Property Development

Investing in property development is really capital intensive. This involves acquiring properties in nice locations, developing them into luxury apartments, commercial structures, etc and sell at a very high-profit margin. For example, If you spend N200 million to develop a property in a very nice location, be sure you are going to sell for N400million. The location is key if you are thinking of investing in property development.

These types of real estate investment above, have only scratched the surface. Within these examples, there are countless variations of real estate investments. As with any investment, there is much potential in the real estate sector, however, make careful choices, carry out due diligence, research and weigh out the costs and benefits of your actions before diving in.

AYHOMES TRUST YOU WOULD MAKE A WISE DECISION FROM NOW ON.

One of the biggest financial decisions would be selling or buying a land, regardless if you are a first-time buyer or someone who has an experience investing in real estate, for some of them this is even a life time decision. Choosing a reputable real estate agent in Lagos – Nigeria can save you time, money and help you get a land at an affordable price or help you sell it for the best price available in the current market terms.

First and foremost, make sure that your real estate agent in Lagos is licensed. Majority of agents prefer to join local associations which put them in position to keep up with the code of ethics and this is the type of agent that you would like to consider.

Asking right questions will help you choose your Realtors in Lagos,

While some of the real estate agents are involved in the industry only part time, others see Real estate sale as a full-time career. if an agent invests majority of time in some other industry and does sales only on the side, the agent will mostly likely not have enough time to be focused on your needs, make sure to check if he/she is full time registered real estate agent in Lagos, and if he is passionately familiar with your neighborhood.

Realtors are legally bound to look for client’s best interests, ask your Realtor if he is representing sellers or buyers. Check realtor’s past relationship with other agencies and success in the Lagos Real Estate Market. Make sure to choose a Real Estate agent who has closed many properties deals and worked for at least few years in Lagos Real Estate Market

Ask your agent how you would benefit by working with him, he should be able to give you a detailed plan of what he is going to do in order to achieve your goal, regardless if you are buying or selling property.

Selecting Real Estate Realtor in Lagos

Many People usually pickup the paper or go online to look for the property, then call agent listed. Wrong way of doing it! Callers usually never end up buying the house that they are calling for, but more often fall in hands of someone who had nice advertisement only.

Since you already know the area in which you are interested In or you have houses / land for sale, the next thing is to choose a Realtor. He would be able to provide you a listing of better deals that you would not be able to find on your own.

You are the one choosing whom you want to work with! Many Realtors would fight to represent you, so it is not difficult to find someone who will represent you. You need to find a good one who will get out there the most for you.

AYHOMES WHICH BEST OF LUCK

Fr

sammyhands:
(No Laugh o)
350k to 500k.

call my number sir let work out something but it will be between 550k to 600k

Gf

Opportunities are endless, you just need to be innovative.

Opportunities are endless, you just need to be innovative.

Opportunities are endless, you just need to be innovative.

Opportunities are endless, you just need to be innovative.

Opportunities are endless, you just need to be innovative.

Opportunities are endless, you just need to be innovative.

Opportunities are endless, you just need to be innovative.

Opportunities are endless, you just need to be innovative.

sammyhands:
Bros you get any cheap land in Lagos allow payment in instalment?

what is your budget sir?

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