Stats: 3,186,573 members, 7,929,835 topics. Date: Saturday, 24 August 2024 at 01:32 AM |
Nairaland Forum / Nairaland / General / Investment / 5 Benefits Of Land Banking Wealthy Investors Won't Share With You. (540 Views)
Land Banking Made Easy With Better Earnings And Shorter Duration / Please If You Have Any GOOD Means Of Earning Online Please Do Share With Us / Uniqueness Of Land Banking (2) (3) (4)
(1) (Reply)
5 Benefits Of Land Banking Wealthy Investors Won't Share With You. by REDOCHOMES: 11:42am On Aug 29, 2022 |
Land banking is an old investment strategy that can generate a lot of return on investment. Here I list out 5 benefits of land banking and why you should start now. 1 Appreciation of the land’s value Land banking is a good investment strategy to the extent that the value keeps increasing: this is true globally. The cost of acquiring land, as observed, always goes up and hardly ever comes down. The land is one of the assets that have the potential to appreciate over a more extended period. Investing in land, that has high development potential at the current or lower market value ensures maximum returns to the investor. 2. Minimal Start-up capital Vacant land is generally the cheapest type of real estate you will find. It’s not until expansion and development occur that property begins to increase in value. Hence, if you know where to look for great deals on land, it requires minimal startup capital to get your business up and running. It’s a type of investment that doesn’t necessarily need to have millions of naira. 3. The land is cheaper to own as a Long term investment. The land is relatively abundant and thus cheap in some developing parts of the country like Ibeju Lekki, Epe (Lagos state), Mpape (Abuja). As an intelligent investor buying this vacant land offers you a more accessible and more affordable way into the real estate market. When buying a piece of land for the right price, Land banking can be the type of investment you use to keep your money stored somewhere for a while. Your asset sits quietly in the background, costing you almost nothing and silently increasing in value. 4. Lower competition In the real estate investment niche, there’s low competition. Most people (especially those with a lot of investment capital) are focused on the shiny and glamorous aspects of real estate investment – condo buildings, developments, house flipping, and multi-units. If you looking to buy undeveloped land, then a significant advantage is the smaller competition you will face. 5. It is a finite asset One of the biggest reasons you should invest in land Is that it is a finite resource. New residential high rises will continue to be built, but only a limited amount of land is available for ownership. All this and many other benefits make land banking a very good investment you should consider going forward in other to secure your future. visit www.redocint.com to get started today. |
Re: 5 Benefits Of Land Banking Wealthy Investors Won't Share With You. by REDOCHOMES: 1:23pm On Sep 01, 2022 |
Hello |
(1) (Reply)
Paypal Don Finish My Money, Help Oo / Man Creates A Special Piggy Bank For Himself,vows To Get Serious With His Life / Please Nairalanders Help Me Verify This Scheme
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10 |