There is no better Investment than investing in land. 99% of rich people Invest in property, this is because Real Estate investment mitigates inflation, creates a passive income and grows wealth overtime due to capital appreciation. Therefore it’s important to invest early in property.
Below are ways that can help you create Real Estate Wealth.
1.Buy Land in Prime Locations.
Choosing right location is key for capital growth of your property. Prime locations have a high growth potential hence you reap big rewards within shortest period.
2. Buy and Hold property
This is what I call land banking or better still speculation. Real Estate gives you capital gain over time, so think long term, be patient to realize good ROI.
3.Have an Investment Plan or Goals
Analyze the market trends and go for the kill, like in Kenya today the trend is Investment in land in outskirts of Nairobi in areas such as Kikuyu, Kitengela among other places.
4.Learn Constantly
Make self education a culture, the more you know the better you make informed decisions.
5. Work with Reputable Real Estate Companies and Agents.
Real Estate Consultants will give you professional advice on how to build wealth and avoid pitfalls that you may encounter in the Investment journey.
In conclusion, understand Real Estate market cycles because they constantly change. Know different seasons for better strategies and higher returns on your investment.
