Thursday, 14 June 2018

7 LIES/FABLES ABOUT REAL ESTATE INVESTING

You may have been hearing some of these all your life. Some of us are wired to believe them hook, line and sinker. They are what they are: misconceptions that limit us from taking positive actions today in time-proven real estate investment opportunities. Check out 7 core ones you have to be wary of:

1. Real Estate Is For The Rich Only
No! Real estate is for everyone. Whether you want to invest in real estate or go into the business of real estate, the opportunities are open and right in front of you everyday.
For investors, you can start with cheap land at suburbs of a growing location. You can start real estate business with zero capital. Ask me how!

2. Never Buy Because You Will Be Scammed
It's like saying: never drive a car because you will have an accident. Yet, there are cars moving about. Yes, there are few accidents as there are real estate scams but it shouldn't stop you. Work with a trustworthy realty consultant & do your due diligence.
3. Buy Landed Property When You Are Ready
Yeah, I get all the need to plan but when do we have free funds with no competing needs?
It is very likely that when you are ready, the value would have gone up and you have to go back to wait in the getting-ready cycle. You will get nothing done waiting for the perfect time. There is no perfect time. I tell you, again, today: Buy real estate and wait; do not wait to buy real estate. Searching for a nice location? SEE HINT HERE

4. Don't Buy More Land; You Have Some Already.
Like seriously! If you have a piece of the Earth, congrats. Now, all you need to do is buy more. Land has proven to consistently increase in value at the right locations. It is a sure way to build wealth that can be passed down from one generation till perpetuity. So, give it a try.

5. The Location Is Too far And It Is "Bush"
Well, today's prime locations like Ikoyi, Victoria Island, Lekki Phase 1, in Lagos were once bush. That was yesterday. Today, they are worth millions and billions of naira. Fact is that as history repeats itself, it is also seen in real estate. If the location has a high projection for human influx, distance is swallowed by value appreciation & development. Every hot-cake area today is an example.

6. The place Is "Water"
People keep saying this until opportunities pass them by and in myself, I feel like, Why don't you just make time available and let me show you that this land is not water. Even water is being turned to land as Bar Beach is no more today. Eko Atlantic, Orange island, etc, are rising from water. However, fast developing places like Ibeju-Lekki is naturally 70% dry land!

7. Inertia
This is that voice inside your head that speaks to you and makes you procrastinate. What are you waiting for? Do not listen to such voice anymore so that you have no more irresolution and inertia. We are bringing you the enlightenment you need now. Join the rich people with foresight who are not resting on their oars but constantly propelling themselves. See video of Gov. Ambode, Dangote & Otedola on recent tour of developments in the Lekki Free Trade Zone area, all in an effort to acquire more! Join them today!!

Thank you for your time. Hope you'll share this information with your loved ones and stay tuned for the next post ...

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