Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,160,462 members, 7,843,411 topics. Date: Wednesday, 29 May 2024 at 03:24 AM

If You're Like Most Real Estate Investors, You're Probably Pursuing This Buz... - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / If You're Like Most Real Estate Investors, You're Probably Pursuing This Buz... (63 Views)

If You're Like Most Real Estate Investors, You're Probably Pursuing This Buz... / Why Most Real Estate Agents Hardly Get Clients On Social Media / Am A Banker I Never Earn Close To 300k In Mnth I Encounter This Buz By Richvick (2) (3) (4)

(1) (Reply)

If You're Like Most Real Estate Investors, You're Probably Pursuing This Buz... by PrimeWeb(m): 12:02am On Apr 10
If you're like most real estate investors, you're probably pursuing this business with one or two primary goals in mind:


1) To buy a property and flip it for a profit as soon as possible.


2[b]) To buy a property and create a dependable source of passive income.
[/b]


Both strategies are completely legitimate, time-tested methods that have created a lot of wealth for a lot of people in real estate.


However, of all the various ways that people pursue real estate investing, one of the most overlooked and underused strategies I know of is a buy-and-hold technique known as “Land Banking”.


Let me tell you about Landbanking and how to build a fortune with it...


The term “land banking” implies almost exactly what it is.


Rather than putting cash into a savings account (where it will earn a maximum of 1% interest every year) or the stock market (which has become increasingly unpredictable in recent years)...


some entrepreneurs have taken an alternative approach by acquiring LAND and in doing so, parking their cash in a tangible, fixed asset, one that cannot be broken, stolen, or destroyed.


Vacant land gets ignored by most new investors because it just doesn't sound exciting.


This causes a lot of would-be land investors to overlook a lot of the advantages that land has over traditional real estate investments (e.g. – houses, apartment buildings, commercial properties, etc.).


Unlike most residential and commercial buildings, land costs very little to own…


No utility payments, No tenant problems, No termite infestations, No leaky faucets, No broken toilets, and if you buy it the way I do, No mortgage payments...


Think about it…


You can buy a piece of vacant land today, walk away from it for ten years and when you come back, nothing will have changed.


Can you think of a safer investment?


And think about the economics of land…


This is a resource with a supply that is always going down (after all, they aren't making any more of it) and a demand that is constantly on the rise.


Given the value proposition that comes with owning land, I often find myself scratching my head and wondering...

“Why aren't more investors involved with this??”


By the way, I created a short report on How To Buy Lands And Houses In Lagos Nigeria At Discount Price Without Losing Your Mind And Money In The Process... If you are interested, send me a DM on WhatsApp to +23408100782083

(1) (Reply)

Accelerate Your Business Growth: Get A Tailor-made Website And Boost Your Market / Importance Of Investing In PR / What Investors Need To Know Before Investing In Cryptocurrency

(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. 10
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.