Most people are skeptical when they hear the word investing. Although, investing can be done in varying ways but the best real estate investment you can do this year is what I’m about to unveil. Investing means different thing to different people. I don’t know what investing means to you but if you can be open-minded. Things could be different for you. In Abuja and environs, where I live and work for long time now, I have observed the price of real estate properties rise seriously. That makes it real and good to move into. In the late 1990’s the price of land in Abuja was quite affordable in comparison to what it is now. As I write this, a plot of land in Abuja has almost reach several hundreds of millions if not a billion naira or more. If you would buy a land then in any part of the FCT Abuja back in the days I bet you will sell it at over 1000% if it has been up to 10 years of purchase. Which is a major point leading us to the best real estate investment you can do this year. OPPORTUNITY SOARS Nowadays, it seems that opportunities get hungry everyday. People trope into the FCT, looking for a new opportunity, a better life, job and business. Political appointment are also contributing to this crazy rise in population. Bushy areas are cleared and new neighbourhoods are established. New estate are built with full occupancy within a short time. If you don’t have the eyes, you will not see when the transaction happened. As soon as the construction is over, people will start moving in to occupy a new estate. This leads us to the second point on the best real estate investment you can do this year. I am always happy when I see things like this. It revitalize and recycles what I have been observing for years and importantly my passion. The real deal Let’s get down to the business. With lots of observation I’ve encountered, the best real estate investment you can do this year is to buy a Land. I know a man(let me call him Kelvin). Kelvin bought a piece of land in Suleja for about 800,000(naira). He shared this plot in to equal halves with the intent to sell one. He have to wait patiently for not up to a year to find the best buyer. During this time the demand for land in this area went crazy. Everyone has their eyeballs on the area. There was the opportunity for Kelvin to sell that halve that he previously marked out for over 1 million(naira). Now looking at the whole situation, you will find out Kelvin bought a land for 800,000 and later sold half of the land for over 1,000,000. He has recovered his purchasing price with over 20% interest and half of his originally plot(for free). This is not a fare tale it happened before my eyes. Believe it or not it happens everyday around you. There are some better deals than this that has happened. So buying a land in a developing area or a place close to a developing area can be the best savings account you could ever open if you wait patiently for the right time to rip you profit. that is why the best real estate investment you do this year is to buy a land. Where do I begin from here? It is not complicated to buy a land. All you need is a good agent who knows what he or she is doing. Who can tell you what you need to know and also dig out information for you. Get a good agent and keep him/her. Secondly, you can ask your agent questions, about the trending areas. Grasp a lot of information. Then discuss with your agent your plan, budget and target. It will be left for the agent to look for what fit your plans and deliver them to you. The agent might have a lot of information, work closely with them, map out suitable time to the agent and yourself to visit the properties that he had found. Ask questions and if the agent can’t answer at the spot, give him time to dig out answers for your questions; this is because the market constantly change so to adopt that change there must be a constant refill of information. Then listen to you instinct. What do you personally think about all what you have heard. Collect your thoughts, but also have in mind that; that thing you are looking for, someone out there is looking for the same. So be smart in making decisions and be wise also because there are a lot of hawks out there to devour people. In conclusion To me, keeping a huge amount of money in your savings account is somehow an underestimation of the power of that money. So place your money where it will work hard for you and possibly maximize profit; this is one of the ways it can. Nevertheless, buying a land is not the only way to invest. But in my field I think with the way things are moving, that is the best real estate investments you can do this year. Thank you for reading up to this time. I hope you have learn something new or in a slightly different way. I remain passionately to real estate till years to come and I hope to participate in profitable deals. Do you have a comment on this, please place your comments. I wish you luck in your investment adventure.
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