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Monday, November 26, 2018

Why Do Real Estate

After graduating what most of us want to do is start working for money. We start the job, we borrow money for transportation ( to and fro our office), we buy lunch and take care of other needs and before we knew it, the whole money is gone only to start longing for another pay day. Worst still, some of us procure items such as wears, foodstuff, and other necessity on credit having exhausted the take home. The routine continues like this year in year out. This is the sole reason some of our parents could not break the cycle of poverty. The fact is the salary which is fondly called  *take home package* can not take them home and still they need to reproduce. This means that their liability increases as their age increases. But is there a way out?    My candid answer is Yes

To break the yoke of poverty you have to do what successful people are doing. What are they doing? They don't work for money, they make money work for them.  One of ways to make money work for you is through real estate. In any angle you look at real estate investment, it is positive, sweet, interesting and rewarding. Before I go further look at this.


*Real Estate is sweet*
*my father bought a Pasat car for #17000 while his friend Mr Balogun bought a plot of land in Surulere. Now the car is rotten at our back yard infested by rodent, spider and other insects; it is valued at 0.00 Naira. On the other hand the property at Surulere is valued at 50million. Imagine, that's your property which you bought for 17,000 naira some years back. That's why I dare say real estate is sweet. Your car is not an investment, my dear its just another liability that will make you poorer, reduce your networth. While the rich know this fact, the poor pretend to know.

*Real estate is rewarding*
It's painful to invest in land particularly. The reason being that you are not deriving the immediate pleasure you would have derived if you had bought a new car. Therefore you are.   feeling like it just 'bush'; it's too far". And as a result you are discouraged.  Never willing to  make  payment for the land. But let me tell you today, if you can just key in to the proposal of people with foresight then you will reap a bountiful reward tomorrow. Mr Balogun whose story I chipped in is way richer than my dad now. But about 30years ago, we were on the same level on the social status ladder. The reason for this is not far fetched. He did what rich men do, my dad simply did what poor men will do. That's the hard fact.

*Real estate is interesting*
The most fascinating thing about real estate is that it grows your networth exponentially. Think about this. If you invest your money in operating a business, you are sure to incur running expenses. These expenses are reccurent and they eat deep into your profit. But if you sell real estate, no running expenses that is reccurent. They are just one off. That's why when you check the profile of billionaires, you will see that they put their hands in real estate.
Without much stories, I believe you want to have a brighter rewarding future, you are guaranteed that in real estate.
Buy land; invest in property
Buy house; invest in areal estate.
Mr PROPERTY says so

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