“Don’t wait to buy land, buy land and wait” – Will Rogers.
Sponsored Post: Just as the legendary quote stipulates, you would be counting your blessings when you make wise investment decisions.
What we do with the money we earn, will surely resonates itself in the future. Saving is really good, but investing is much better.
It is very important to make the right decision in engaging in investment that can be a major source of assets acquisition.
You certainly have the right to spend your money the way you want; buying the latest cars, traveling to choice locations, eating in the best restaurants or hotels and doing all sorts. All this are simply momentary gain, as they may not yield you any future interest, only temporary excitement.
Why not take into considerations of investing in real estate and watch how it yields interest for you. If you are buying for the sole purpose of reselling, you would earn almost triple the amount you purchased the land within a short time.
People who see value in land purchase investment, have numerous success story to tell. You can as well write your own success story when you make your mind up in taking the right decision.
Why You Should Indulge in Land Investment (Real Estate)
The Value of Land Constantly Appreciates
Land investment is something that keeps increasing in price. The longer the period between actual purchase and sale, the higher the value.
A land purchased and sold probably three years later will double and if not surpass even more the amount used in buying. When you buy land in Lagos, there are certain locations that has the potentials of speedy value appreciation.
Land Purchase Investment is A Great Source of Assets Acquisition
An asset can be said to be any useful or valuable thing. There are different types of asset, but a truly valuable asset is something that can translate to cash.
The acquisition of land can be a useful strategy for long term investment. It would surely boost your confidence in future times, having asset that can spill into millions just when you are ready to trade it.
It could be leased and be a source of annual income
Depending on the location and area where the land is purchased, the owner can decide to lease the land either for agricultural purpose or to corporate firms. This is a great source of revenue, depending on how you choose to earn from it.
Like in most parts in Nigeria, when you buy land in Lagos, there are possibilities of leasing it out for commercial purposes or as the case may be.
No maintenance required
Buying land affords you the luxury of relaxing and watch your money pile up, without any additional cost to you. Lands do not require any form of maintenance, the only thing you need to do is to set a demarcation which identifies the boundaries of you purchased land.
Lastly, it is important to note that when investing in real estate, you must take precautionary steps before buying a land. It is expected that you know the seller before sealing any deal.
You should as well inspect the land you intend to buy and inquire about the documents that backs the land.