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Nairaland Forum / Nairaland / General / Properties / Can 10m Start Real Estate Business (217 Views)
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Can 10m Start Real Estate Business by Meenymeeny: 10:10pm On Dec 11, 2020 |
Hi Guys i have 10m to Invest but i want to invest in Real Estate Business because of lower risk thats related to the Business. I know real Estate requires Huge Capital. But i want to hear from those with Experience in the Business, please how far can 10m take me? Lalasticlala please help me push it to the front page for wider advice. Thanks |
Re: Can 10m Start Real Estate Business by espn(m): 10:36pm On Dec 11, 2020 |
Meenymeeny:Who told u it it requires huge capital. Only if you want to be a developer... |
Re: Can 10m Start Real Estate Business by Meenymeeny: 10:40pm On Dec 11, 2020 |
espn: By Developer you mean building houses, shops etc? |
Re: Can 10m Start Real Estate Business by espn(m): 10:51pm On Dec 11, 2020 |
Meenymeeny:Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control, and orchestrate the process of development from the beginning to end. Developers usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards. |
Re: Can 10m Start Real Estate Business by Meenymeeny: 11:18pm On Dec 11, 2020 |
espn: Thanks for the Explanation. And this is what i want to do, because the other side of real estate Business, Agent, brokers, valuer, require some marketing skills which i dont have and in fact not interested. How far do you think 10m will go in becoming a developer? |
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