4 Ways Through Which You Can Earn Extra Income From Real Estate Business In Nigeria

February 6, 2022by Collins0

90% of millionaires got their wealth by investing in real estate – Andrew Carnegie, Billionaire

Did you know that Davido’s grandfather of blessed memory, Chief Adebayo Adeleke was the architect and engineer who planned the popular “Banana Island”, which houses some of the most expensive real estate properties in Nigeria and Africa today?

Now, just imagine the current net worth early investors in Banana Island… HUGE right?

Fortunately, it is not too late for you to start. So here are 4 ways through which you can earn extra income from real estate business in Nigeria:

1. Real Estate Agency: This by far is the easiest way to get into the real estate business. All it requires is that you work as an independent affiliate with a real estate company like Real Estate Dr’s Enterprise Ltd. in order to sell services or properties to clients and earn a percentage of the sales you make for the company.

2. Property Flipping: This simply involves you buying properties (land or house) in order to resell at a higher profit margin. This by far is one of the smartest ways to profit in real estate.

3. Renting / Leasing: This requires that you acquire or build an open space, a residential property, or a commercial structure and rent it out to households, businesses, or institutions that need an event space.

The good thing about this investment is the fact that while you earn passive income from rents, your property still appreciates making it possible for you to always sell it at a profit in the future.

4. Property Development: For this to work, you will need to acquire properties (land or buildings) in nice locations, develop them into luxury residential or commercial structures, and then sell them at a very high profit margin.

Act on this information and a few years from now you will be glad you did.

If you need a mentor to guide and support you Call or Send a Whatsapp message to 09127606009, 08140285704, or 08170791153 to schedule a meeting with a Real Estate expert.

 

Author: Christopher E. Nwelih

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