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How to Make ₦10,000,000 in Real Estate Investment in Nigeria

If there is any business in Nigeria that is truly lucrative to the highest point, it has to be Real Estate business. Most of the top billionaire in Nigeria are real estate investors. It is a money spinner of the highest order. Real Estate is currently booming in Nigeria and people are making millions in it. I want us to take a closer look at the business and see how anyone may invest in this sector of the economy irrespective of how much you have.

One thing extremely good about real estate business is that the investment opportunities are so diverse that there seem to be something for everyone. Anyone who wish to invest can invest whether he has thousands or billions of naira, you can even invest without a dime in your pocket. So, let’s see how it works.

This is the first article I am writing on Real Estate therefore, I am going to highlight some of the best investment opportunities in the industry. But before that, let’s look at the profit. I bought a plot of land in Ikorodu area of Lagos State in 2011 where I’ve wanted to develop something special, I paid 500,000 for it. 

This year, I changed my mind and decided to sell it, when I asked the estate agents how much property is going in that area now, they told me the current price is two million naira and that my own which is very close to the main road will go for between 2.5 to 3 million naira. If I have bought like five plots for 2.5 million, I will be making ₦10,000,000 by now!

Just like that, 2 million to 2.5 million gain in less than two years for a green horn like me who is not in anyway into real estate investment. Then imagine what the pros who knows the ins and outs in the business will be making. I know a petty medicine seller who is now a multi millionaire through estate investment he started almost with no money, few years ago.

I also know how some of the millionaires in the industry started. Some of them started as small real estate agents in a kiosk, but today, they control some of the finest estates in Lagos, Abuja and other major cities in Nigeria.

So Where Are The Investments in Real Estate?

 

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Serviced Luxury Flat

 Here are some of the areas you can invest and make your own money without tears. As you grow in the business, you can expand your portfolio or start big straight away. In this article, I will only deal with real estate categories that are peculiar to Nigeria, especially for beginner real estate entrepreneur.

 1. Land Flipping – This means buying of land and quickly reselling it for profit. This is one of the smartest investment in the industry and requires no effort whatsoever. Just your money and knowledge and you are good to go. You will need substantial amount if you want to make hundreds of millions but you can start small by buying just one plot and grow to buying tens of plots and acres of lands and keep selling all year round.

2. Open Space Leasing – This works in a simple and unique way. Buy a property in a good location and lease it out for makeshift use. You can lease it to churches or business that wants to develop a makeshift outlet such as car wash and mechanics. They will be paying you monthly rantage while the property still appreciates for future sell. It is like borrowing money for someone and get paid double interest and still get your money back.

3. Real Estate Agency – This one is the simplest and easiest of them all. It is not investment per say but service rendering. How it works? Go round and look for properties to let and for sale, advertise your service and help secure clients for the property owners, you will be paid percentage as commission based on the amount the property is sold or rented. You can start with little or no money and if you are smart enough, you will grow to become a giant realtor.

4. Property Development – This is where the big guys in the industry are doing their stuffs. They acquire properties in nice locations, develop it into luxury apartments, commercial structures, etc and sell at a very high profit margin. They use like N20 million to develop a property and sell for N40 million.

5. House/Office Rent – Build a house and put it up for rent, get paid all year for a life time. That is exactly how this work but there is much more to that than I just stated, watch out for detailed articles on this soon.

In the coming weeks, I will be publish articles from our ongoing researches and advices from professional real estate investors and experts in the industry on various aspect of investments. Keep visiting regularly, you never can tell when any of those incisive juicy articles will be published.

 

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TODAY HYMN…..

Knowing you…

1.All I once held dear built my life upon,
All this world revers and wars own,
All I once thought gain I have counted loss,
Spent and worthless now compare to this.
Chorus:
knowing you Jesus,knowing you
There is no greater thing
You are my all,you are the best
You are my joy,my righteousness
And I love you lord

2.Now my heart desire is to know you more,
To be found in you and all that is yours,
To posses by faith what I couldn’t earn
All surpassing gift of righteousness

3.Oh to know the power of your risen life,
And to know you in your sufferings,
To become like you in your death
So with you to live and never death.Amen

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DEVIL’S TARGET FOR EVERY LIFE pt2

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Exodus 1 vs 4-12

In the course of the study, I have already established the fact that the first thing that matters in life is to make a decision to come into God kingdom, though we were born into sin and in sin our mother conceived us just like the Israelite that was born in slavery and was subjected to it, we also, was born into sin and under is bondage. As i begin to meditate more on this issue , i saw Pharaoh anger kindling more and more about the people of God.I begin to wonder why is he so furious at this people to the extent of killing innocent children,1 Peter 5 vs 8 flash through my mind and i realize that the man (Pharaoh) is still around and still angry against the people of God till this moment.However, i saw that Pharaoh was angry not because of their fruitfulness or increment in their population but because of what might happened in the future.He sensed that a day is coming when these people will demand freedom from him and we want to be free from the bondage they are subjected to. Then i realized why many a times the devil brings so many things on the way of a believer,i begin to see why he will brings temptation and different weight upon a believer not because of the present but because of what the believer might become tomorrow.When Jesus went to the wilderness,he went to tempt  not because of anything but because he sensed the havoc he would caused to is kingdom. If you are a believer, Don’t know that obnoxious challenges you are passing through, i don’t know that temptation he is putting on your way, i don’t know what has happened to you and you think why is this happening to me.I want you to know that he is doing all this thing because of your tomorrow maybe as a youth, you have made up your mind to keep yourself from immorality and your friends laughs at you,they make jest of you,even sometimes they avoid you when they want to discuss some issue because you have make up your mind to live for God. Don’t worry,You are securing your future from the hand of the enemy. Pharaoh was roaring like a lion and he is still roaring looking for someone to devour, looking for a life to destroyed because he is afraid of what God will make out of the life if the life is for God. Therefore,no matter what you are passing through,no matter the challenges,no matter the impediment coming your way,don’t be discouraged. Always remember that all things work together for them that loves God and are called according to His purpose and no matter what you are passing through bible says your other brethren in the world are passing through it too.GOD BLESS U.

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DEVIL’S TARGET FOR EVERY LIFE

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EXODUS 1 vs 4-12

This is a popular story in the bible which everybody knows and have read over and over again.In my little christian journey i have read this over and over again until recently that the Lord open my eyes to see the major reason why the devil is roaming about like a roaring lion to see whom he will devour and the principle by which he goes about his business in the world.In the course of my reading,the bible says Joseph,his brothers and the pharaoh that knows them died and their arise a new king over the land of the Egypt. The new king develop hatred for the people of God because he sees them as a threat to his reign over the Land of Egypt. The first thing that cut my heart was the present generation of the Israelite then that was suffering because they found themselves in a strange Land. I begin to see a picture of slavery of this generation. I realize that no matter how wealthy,no matter how good looking, no matter the status of anyone in the camp of the Israelite might be then he is still a slave. This was the first matter to me, i saw that everyman that was born according to the Flesh (except Jesus that was conceived by the holy ghost) possess a nature of sin which makes us all slave to sin and to his master the devil. I saw that no matter how wealthy a man may be, no matter how learned, no matter his/her status in life, as long as that nature is still inside, the life is a slave to the devil.However,the bible makes its clear that whoever you serve,you are a slave to Him, therefore, Every soul that is under the bondage of sin and the devil serves the devil as his/her master.The first question that arises within my heart is who am i serving? what am i a slave to?i remember paul in his letter to the Romans saying he is a bond-servant of Jesus, this question goes to you as well,who are you serving and what are you a slave unto? Who as the total authority upon  your life?Good morning contd tomorrow.

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JOURNEY TO ETERNITY…

JOURNEY TO ETERNITY….

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JOURNEY TO ETERNITY…

For every beginning in life,their is always an end point.I will like to illustrate the journey of mankind on earth in a simple story…Once upon a time,a young boy was born by a rich man but was kidnap by a stranger at a very tender age.The parent search everywhere for the boy but couldn’t find him,the stranger took the boy with the intention that the boy will be useful to him if he trains him.He send the boy to school,gives him good food,bought cloth for him and a lot of good things for him.The boy loved him so much that the boy begins to live the exactly live this man was living,the boy became an womanizer,thief,liars and a lot of evil was done by the boy and the man never cautions him because that was his life too.Despite all the good things this man does for the boy,he make sure the boy didn’t found out the truth,he guides against it with all he had..but on that faithful day the boy went to the same hospital where he wa given birth to for blood test and its original parent where there too for that,that day he knows the truth about his life.I realize that the journey to eternity starts by knowing the truth about your life..many today are in the hand of a stranger( the devil),which has blinded their eye to believe that what he is offering them is the best they can get not knowing that God is there real father. Salvation is the first step if you will reign with God in heaven.ARE YOU SAVED?accept Jesus into your life today,tomorrow maybe too late.

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