Among other things, investment in real estate stands as one of the most profitable investments anyone can venture into and be sure of getting maximum return from the investment. Investment in real estate is the acquisition of landed property such as plots of land and buildings for the purpose of making money from it. It is a profitable venture that anyone who truly dream of financial freedom soon should venture into when the opportunity is there. I used the word opportunity because the financial power required to buy a plot of land and erect a building is not a cat and mouse play in my country. Buying a 100ft by 50ft goes for over $6558.55 about #2.500000 in my country. This is not an easy thing to get.
I secured my first plot of land about this time last year at a giveaway price of $550.00 about #250000.00 in my country from a desperate landowner who was in dire need of money to solve a major problem. I was planning to buy a car before that time when a wise man who I have since taken as a mentor gave me the best financial advice I have heard all my life. And from this man, I acquired the said plot of land at a very cheap price because he knows much about real estate acquisition. The 100ft by 50ft plot I bought last year now worth over #2.000000, about $5000.00 if I should consider selling it. That is the nature of real estate business, you can buy land at a cheap price from original landowner especially those located in a yet to be developed area, and after about a year or so as people start building in the area the value of the land will skyrocketed due to demand. You can make a fortune from it.
Though my investment in real estate is not that much, I think it is the best investment anyone can venture into with peace of mind for the following reasons.
1. Real estate cannot be stolen or lost
Once acquired, ownership changes hands. With proper documentation that comes with a legal back up the deal is sealed forever and the property remains the buyer's own. No one can steal it nor will it be missing no matter how long you leave it undeveloped. It is such a secured physical asset, such that even if you live in Miami and buy a plot of land in Florida your asset remains safe and secured as long you have the legal documents for the purchase of the plot. There is little or no risk in real estate business. The only risk that people have encountered occurred when a piece of property is bought from the wrong owner with fake legal documents which sometimes leads to litigation. This can be avoided by doing proper and thorough findings of any piece of an asset before making a deal.
2. Real estate provides the highest return and the highest value on investment
Investment in real estate is like sending money to a doubler. Real estate keeps increasing in value by the day. If you own a plot of land today, in six months the monetary value of the plot will almost double should you want to resell it. Land is always in short supply hence the reason for the increase in value. Landed property is the only investment that can guarantee up 1000% return upon your investment without moving a finger. Landlords grow rich even while they are sleeping without working.
3. It Can Provide Cash Flow for Retirement
Real estate is the surest investment that can provide steady cash flow in retirement. It a steady way to increase wealth over a long time. When done right, it can take care of not just the owner but also his children and children's children. As long as Maintainance is being done on the property when needed, its value never depreciates. A landed property owner can retire wealthy and live in wealth all the days of his life.
5. A sure way to secure a financial future for your family after your death
Everyone will die one day, but any man who died without leaving a good inheritance to his children is a failure. The best inheritance to leave for one's family members after death is landed property. Cars will depreciate, so also is money kelp in a bank. But real estate will be a great asset to a man's children after his death.
Conclusion
One of the reasons why people delay in acquiring landed property is that most areas where lands can be bought at a cheaper price are yet to be developed. So they wait until others started developing the area before they make a move, by then, the price and value of land in the area has skyrocketed. You don't wait to acquire landed property, acquire landed property, and wait for it to increase in value.
It is better to own a plot of land than owning a brand new car!
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