Investing with a reliable real estate investment company in Ibadan or other part of Nigeria brings you good returns for life. This is an opportunity to maximize your income if you are yet to try it.
There are different types of investments all over the world today, however real estate investment seems to have gradually taken over.
Among the popular real estate investment quotes, one states that “The wise young man or wage earner of today invests his money in real estate. Let’s find out how relevant the quote in the present world of investments.
Why real estate is the best investment
Real estate investment has a number of advantages over other types of Investments in Nigeria. First of all, Real estate is one of the most profitable, easy to get into, and stable investment choices. Real Estate is not only stable investment, it can generate a high profit return. Other reasons real estate is the best investment includes:
- Ability to generate wealth and safeguard your money.
Real Estate investment is a good investment choice because it helps to generate easy Income . It also renders the opportunity to save your money even if there’s inflation. There’s no form of real estate that doesn’t generate massive returns. Properties hardly suffer the effects of inflation, which is a valuable benefit of real estate investment. Instead of being negatively impacted, real estate investments generally rise in value along with inflation.
- Real Estate investment company in Ibadan improves the economy
Real Estate investment is a plus to any community or state because it encourages the continuous creation of housing, buildings and infrastructures. Thereby creating a network of builders, employers, investors, idealists and innovators improving the economy.
- Ability to build Equity
Equity has power and it is also an advantage of real estate investment. When you own a house or piece of property, it naturally appreciates, or increases in value. As you allow the house to appreciate, you build equity. Equity is an asset and an increment on your net worth. It is one of the most direct ways to generate wealth. With equity from one property, you can buy a rental property to generate monthly income and increase your profit.
- A reliable Long-term Investment
Although the real estate market fluctuates, it is a stable investment that continually increases in value. Compared to the stock market, which is a highly volatile investment, real estate is not prone to frequent market swings or inflation. Properties don’t immediately change in price based on capital contributions or political volatility, making real estate a safe and stable long-term investment.
- Rental Properties Provide Passive Income
Investing in real estate helps to generate passive income. The value of properties naturally appreciates with time, even if you don’t make changes to the property. The ability to make money without stressing over your real estate investment is a great advantage. This advantage brings freedom and more income for investors.
- Flexibility of Investment
Real estate investment allows for flexibility of investment. There are different types of properties you can invest in. They include:
- Commercial properties
- Vacation properties
- Apartment or buildings
- Distressed properties
- Residential lands
Real estate investing, when done right, is a stable way to increase wealth over a period of time. A real estate investment company in Ibadan can bring you big returns in the long run.
Some other real estate investment examples include
This is a very old, safe, and most steady source of income from real estate. Rentals involve buying a property to put on the market for either a month or a year.
- Flipping of land and Houses:
Flipping of land and houses involves building or making a property in order to sell in the quickest time possible for profit.
Real estate investment trust is a new form of real estate investment in Nigeria. It involves leasing of space, collecting rents on the properties, and then distributing that income as dividends to shareholders.
Real estate investment trusts (REITs) are corporations that own or provide funding for income-producing real estate across a variety of industries with properties.
Real estate investment trusts (“REITs”) allow individuals to invest in large-scale, income-producing real estate. So that they can earn from the profits later.
There are different types of REITS like Equity REITS, and Mortgage REITS.
How to invest in Real Estate in Ibadan
In Nigeria real estate investment for beginners, involves having a solid business plan. After which government registrations and a good capital is needed to set up the business fully.
To be successful in real estate investment in Ibadan however, you must know how to invest in Real Estate in Ibadan.
You can invest in real estate right now in Ibadan by
- Registering under the appropriate agency
One of the most important steps when starting out as a real estate agent in Ibadan is to register first. Registration gives you a good leverage in the real estate field.
- Studying previously successful real estate firms and understand how the market works
If you want to successfully invest in Real Estate or have a real estate investment company in Ibadan, or anywhere else you should pay attention to how the market works by studying other previously successful estate firms. The mistakes they have made, their strong points as well as their weak points.
- Property Development
Another way to begin real estate business is through property development. Property development involves purchasing land, erecting buildings, developing infrastructure, and selling to interested buyers either at lintel level or fully finished, with fittings, plumbings, and so on.
In addition to all that has been said above, you can also discover and study how to invest in real estate with no money. Yes, you can invest in real estate with little or no funds. How? you may ask.
How to invest in real estate with no money
Although the best way to join the real estate investment business is to have money for purchases. However, you can still invest your time, your expertise, or your skill set. You can get into the real estate business with little or no money by:
- Getting A Partner
If you have all the ideas and innovations needed to start a real estate investment, but you lack money, you can look for a partner, someone like an equity partner who can bring in all the money needed.
- Real Estate Financing
Getting real estate financing from sellers is also a form of partnership and a means to get into the real estate investment without money. Real Estate financing involves the seller extending finances to the buyer. The buyers will then repay the sellers, for the agreed terms.
- Investing In Real Estate Through Lease Option
Another proven way to invest in real estate with no money is through lease. Lease involves the property owner charging the buyer a monthly or yearly premium, in the form of higher rental payments. The excess rental fee will then be channeled towards the real purchase price. With this arrangement, the investor can purchase an investment real estate although using a slightly higher fee.
- Looking for desperate sellers
By getting people who are desperate to sell their properties for reasons such as urgent money needs, bankruptcy, divorce, the death of a relative, an out-of-town new job, poor condition of the property etc. You can get into the real estate investment market faster than you expect without spending money. Desperate people are usually more willing to provide all that’s needed to close the deal quickly.
Real Estate investments are totally worth it because with real estate investments, you have multiple options to generate cash flow and get a return on your investment (ROI).If you need more information about potential real estate investments, or you need to search for quality and good properties, contact us at Emirsoft.ng. We support both investors and non-investors in real estate.