Real Estate is real property that consists of land and structures on it such as buildings. Investing in Real Estate is crucial in the life of any investor since it creates a passive income or cash flow from rentals, capital gain from speculating and portfolio growth as a result of investing in more than one property.90% of millionaires in the world own one or more real estate. Location is very...
Buying plot is a reliable and profitable form of investment in real estate. However, you may face some challenges and hurdles in the process of acquisition. We encourage you to double - check all the paperwork, ensure the Title Deed is 'clear' , and location is favorable to your needs before finalizing on the purchase.Below are some of challenges you will encounter when purchasing your plot. Finding...
LikingPeople do business with people they like, therefore be likeable, endear yourself to your target prospects. ScarcityPeople are motivated by what they stand to lose, more than what they stand to gain by investing. Prospect ContinuouslyGeneration of leads is a continuous business. Do not fetch water from same well over and again. Use Your Contact Sphere These are people around your life....
Buy Assets not liabilities. Assets bring money to your pocket, liabilities take money out of your pocket. For example buying land is a good investment decision, also stocks and Treasury Bills (TB). Have multiple sources of income. Increase your chances of getting more money. Start a side hustle and be paid for your knowledge and skills. Invest in what you love, your passion. It's easier to make...
Land investment is one venture you cannot afford to take shortcuts.Below are some of the reasons why some fail while other succeed. InformationKnowledge is power, know the A to Z of land Investment process so that when you skip one step you are aware. Information can be found in blogs such as these one. Third PartyLand Investment journey requires you travel it yourself. Soil your hands in other...
Land Investment has a cycle, it has different seasons. Therefore learn these market cycles for better planning and for you to maximize on your investment. Always buy low and sell high. That's capital gain or growth. Buy and hold but add value to the land. Negotiate price, be persuasive when buying land so that you get good deals. Life long learning, acquire new skills daily and you will be...
They say knowledge is power, hence with the right information you make informed decisions. Below are common terms used in real estate. 1. Under Contract - A property is said to be under contract when the seller has accepted an offer from buyer, although the transactions are not complete. 2. Transfer of Ownership - It refers to transfer of property 's Title Deed from seller to buyer. Also known as...
They say the best investment on earth is earth. Land supply is always scarce and demand is increasing daily due to population growth. This has made land investment not an option anymore but a life time achievement. There are tips you need to know when Investing in property or land. Identify your investment need, do you want to buy land for commercial or residential. Establish your budget. What can...
Land has limited supply and the demand is increasing daily, therefore ensure you know the trade secrets in land or property Investment. Below are some of terms used in land transactions: Title, this is the legal rights to own the property. Deed, this is the document that shows who has that right, hence referred as Title Deed. Freehold Title, this is where the owner of land has complete freedom...
Land is very emotive due to its scarcity nature and it's ever increasing demand. Land is also a factor of production and appreciates in value gradually. These and other factors make land have many transactions and processes of ownership making it either genuine or not.Below are some of the factors that make land genuine: Has Title deed either freehold or leasehold. Land without valid documents and...