Weak state of economy raises real estate investment opportunities

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Recently Nigerians have been migrating in droves. The unfriendly economic environment in the country has made many seek greener pastures in developed economies, creating a massive brain drain in different sectors of the Nigerian economy.

is not an escape route. It is simply an advanced form of slavery. A cat in Nigeria cannot be transformed into a tiger abroad. It is what you take that will manifest for you. People like us are supposed to be the ones considering travelling there because of the resilient spirit we have, unlike some young people who think travelling abroad is just about pleasure. The truth is if you are not successful in Nigeria, there is no guarantee that you will be successful abroad.

“You can do this by land banking, which is just buying land and keeping it for a few years. It could be like 10 acres, and this land will continue to appreciate in value because land never depreciates, and shelter never goes out of date. You can also collaborate with your friends to buy plots of land together, get the valid documents and leave it for like 2 to 3 years and go to sleep. By the time you come back, you will be shocked by the revenue it will generate.

“What you need to push the market is integrity and consistency because people need to be able to trust you. Some people might watch you for some years to authenticate your brand.” “Plugging in as an investor is also an opportunity, such as buying personal properties like houses and using them for rentals or purchasing acres of virgin land in bulk, developing it into an estate, and then reselling it, which brings a great return on investment.”

 

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