Real Estate has been proven to be one of the most profitable investment opportunities in Nigeria with relatively high returns on investment. So many individuals had become multi-millionaire from real estate investment which I will be sharing their testimonies with you as we roll.
If I asked many of you today that if you have N100 Million now and you want to invest in real estate where will you invest it? I’m sure many would say Lekki, Ikoyi, Ikeja or any of the high catchment places in Lagos forgetting that those places were once upon a time bushes.
Yes, they are bushes! If I tell you that Allen Avenue in Ikeja was once a ritual den you won’t believe me? Likewise so many of these developed places we see around nowadays.
Let me tell you the truth;
If you want to make better money from real estate investment, look for land/bushes that were at the fringe of development and key into it, it’s as simple as pie!
This is the secret the BIG BOIZ in real estate investment would never want you to know.
Now, let see how real estate business has turned people to instant millionaires.
1. Mr Omeh’s Story
Omeh said, “I bought a plot of land in Ikorodu area of Lagos State in 2011 where I’ve wanted to develop something special, I paid N500,000 for it.
“This year (2015), 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 had bought five plots for N2.5 million, I would have been making N10,000,000 by now.
“Just like that, N2 million to N2.5 million gained in less than two years for a greenhorn like me who is not in any way into real estate investment. Then imagine what the professional who knows the ins and outs of the business will be making. I know a patent medicine seller who is now a multi-millionaire through estate investment. He started almost with no money few years ago.
2. Anonymous Lawyer
I remember my mom bought a land in Idimu for N5,000 somewhere in the early 90’s and we were all complaining furiously why she should buy a land in a jungle where there were more accessible places like Isolo, Okota, Ajao Estate. Fast forward 15 years later, that so-called Jungle has turned into a swanky estate and a plot of land goes for above N15Million a pop. By the year 2020, I don’t know what that place will cost but I am sure N25Million won’t be a bad estimate.
3. A Client Landlord
I asked my office landlord who has 2 huge storey building structures in the heartland of Opebi Ikeja how he was able to acquire these properties. He told me that he bought those 6 plots of land in the early 80’s for N10,000 and he even borrowed to buy it.
He told me that his friends discouraged him from buying it because that place was a jungle and his mates where in Festac or Ikoyi but he decided to take the risk and build it quietly and didn’t even know that there were plans to turned that place into a commercial business district and he built a small bungalow there to reside because his previous landlord was killing him with rent.
When he heard the master plan was to turn Opebi/Allen to a commercial district, he had to look for money to start building the storey buildings which he did for almost 8 years with his little funds.
Fast-forward to 2009, my landlord has almost 50 office space to let combined in the 2 story buildings and 2 warehouse ground floors which he rents one to a bank and the other one to a big fast food restaurant. Each Office Space goes for Minimum N350,000 a year. Do the maths by multiplying 50 offices and calculate how much he gets for the bank and fast food joint a year.
Let me stop here because if I continue to read out testimonies on people has been making money from real estate investment we won’t leave here.
Just last Friday, we sold out over 100 plots in one of our estates in Ibeju Lekki. I’m sure that is a proof that real estate business does not know recession. I’m very sure in 5 months time those lands value would have triple the price they were sold.
Now that you know the secret of real estate investment, why don’t you start planning on how to make your tomorrow better today?
Call on us NOW at Larrysng Homes and Properties to purchase your land and secure your future now that the prices are damn cheap. Contact 08036129474 (Call and Whatsapp 24/7).
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