A PROVEN WAY TO CREATE WEALTH – IS REAL ESTATE INVESTING (LAND BANKING)
People think becoming a millionaire is such a difficult huddle but the truth of the matter is they are not well enlightened about the subject matter and great times have a wrong attitude.
Becoming a millionaire is not complicated but first, you must have the mindset that you will become a millionaire, then you must be aware of the things you need to do to become a millionaire, and then you must be able to take action towards it.
There are several ways of becoming a millionaire but I will deal with the oldest, most trusted, and most reliable form which is Real Estate Investment.
It is important to point out that – 90% of all Millionaires and billionaires become so through owning real estate and that more money has been made in real estate than in all other industrial investments combined.
It, therefore, means that if you desire to get into the millionaires and billionaires group, you should start investing in Real Estate if you have not started and if you have started already then keep on looking for opportunities to invest more in Real Estate.
Check out, that most of the millionaires you see today in Nigeria and all around the world, are involved in one real estate investment or the other.
In Nigeria, most of the top millionaires and billionaires are real estate investors such as Sijibomi Ogundele, Richard Nyong, Debo Adejana, Ruth Obih, Akin Olawore, and a whole lots of others I can’t mention now.
For you to succeed in real estate, you can start small and grow with time. Now one of the key ways you can take advantage of the huge opportunity real estate presents to you to become a millionaire is to INVEST INTO BUYING OF LANDS.
Real estate is currently booming in Nigeria and people are making millions in it, the good news is you too can partake in this money-making spinning business and grow your wealth.
The good news is there are so many diverse means to partake in the real estate investment opportunity and you can invest no matter how small depending on your capacity, there is somewhere you can start from.
Let’s look at the profit potential in Real Estate Business If you are aware, if you put your money in the bank at the end of the year, the bank will only pay you 6% interest on your savings.
Now let’s look at the Returns on Investment in Real Estate in this example, my client bought land in March 2017 at N1M, and in JANUARY 2018 he built a build and sold it at N30M.
Another Client bought a plot of land in 2017at N500k, and in 2021 he wanted to sell the land and it was going for N2.5M.
Now compare this to if he had kept his money in the bank, he won’t even get up to N600k in the period.
It is therefore advisable that you involve yourself in LAND BANKING, which is the act of using your money in buying lands that will give you the best return on your investment as lands keep increasing in value without doing anything especially if you buy lands in the direction of development where there are the presence of business activities, government presence, and high population.
Now look at the mathematics, if 6plots of lands were bought at N500k totaling N3M and when he is now sold at N2.5M it will total N15M, the profit margin is massive i.e. N12M from one transaction in 2years.
Investing in Real Estate e.g. Land Banking is the best way to start growing your wealth and planning for your tomorrow and the future of your kids and generation unborn.
You can start investing in by of land with Ezefam
For more information DM 08039344272
Or we can meet in our office @ akiama junction bonny island river state
Ezefam properties LTD bonny island river state
- Country: Nigeria
- Province / State: Rivers State