by NREH
One proven investment in Nigeria that can make you rich and sustain your wealth is real estate investment.
The recent crash of the stock market in Nigeria where many investors lost their stocks has made real estate investment to become popular amongst investors.
This does not mean real estate investment is an exception to risk; there are no 100% safe investments.
But by combining resources with an established real estate company, you will be playing it safe.
Real estate business requires huge capital to get started, this has discouraged many interested people from the business.
But the strategy of joining capital with other investors through an investment company has eliminated this challenge.
This has made it possible for an employee, employer, high income earner, low income earner or an investor in other industries to be involved in the business.
One proven reason why real estate investment in Nigeria has been earning good returns for investors is because of successful experts in the industry that are behind the companies.
This strategy of partnership is helping people with little capital and no knowledge of the business to make substantial profit.
If you want to make money from real estate investment in Nigeria and don’t have the necessary knowledge to run the business and have limited capital to start it, then consider joining a well managed investment organization.
The organization may either be real estate investment club or real estate co-operative society. That way you leverage on experts knowledge for token fee.
In addition, a well managed real estate organization allows your money to work for you without your involvement in the daily running of the business.
You also reduce the risk of your investment significantly, since you are only contributing a small portion of the investment.
A real estate investment company will pool resources of many people together and invest in lands and properties.
These are used to generate profits for members by selling them when prices of the properties appreciate or rental income.
The success of the investment group depends on the company behind it. So, do your research very well before investing your hard earned money.
For example, you should try to know the people managing the affairs of the company if they are credible and are managing the real estate business well.
This form of investment in Nigeria offers high returns rather than saving your money in the bank.
