3 Keys to Profitable Real Estate Investing
Real estate investing should as much as possible be devoid of emotional sentiments. It can be a highly profitable business, especially in areas with rapidly increasing population.
Focus on your Return on Investment (ROI). The key is to buy real estate in fast developing areas, capable of delivering maximum profit potential value in the medium term.
It is risky to procrastinate indefinitely. Start small by judiciously utilizing a financial plan that invests 25% of your monthly income consistently .In Lagos, it is almost guaranteed that the rate of property appreciation would always out-perform the stock market over the medium to long term
Work with companies with tried and tested integrity. For peace of mind, validate your documentation through independent sources. With proper documentation, Real Estate remains one of the few investments you can make, that do not require your Direct Supervision to make profit.