I used to think real estate investment was exclusively the reserve of the millionaires and billionaires. It was a wrong notion.
And I’m sure thousands of people, just like me, out there still hold the same opinion that property investment was for the Subomis, Ovias, and other whales in the real estate sector.
One of Nigeria’s screen divers Genevieve Nnaji ventured into real estate a few years ago.
She is one of those actresses that will never boast of newly acquired exotic cars worth millions of Naira. She invested her money into asset.
Should you wait till you become a millionaire?
No! The fact is you can purchase your first property with less than a million naira (depending on the location).
If you’re just starting, choosing a developing area with great investment potential should be on top of your list.
If you choose a strategic location when investing in real estate, you should know how appreciation will impact the equity you have in the property.
Buy and watch its value growth. You don’t have to fret about a drop in the price of crude oil. You don’t have to panic whether Elon Musk tweeted about crypto or not.
Real estate gives you the rest of mind if you bought the legit property. That’s just the power of real estate investment.
With a few thousands of naira, you can start investing in real estate. Start investing!