How do You see Things?
Return after critical Decision to invest
I grew up in a side of Lagos called Ijeshatedo , surulere and when I was growing up there , we used to play football in a place called “ Jakoboard “ my friend and I would go play football . There is a church now in that axis called “ LORD Chosen “
I attended Ijeshatedo Boys Secondary school .
You see , I saw how that side of town was emerging . I could still remember vividly when my parent packed into the one room apartment. I was less than 7 years old .
Okota was a bush then and everybody around there complaint about the place being bushed . Few Persons took the initiative to buy into Okota side .
The missing Structure..
People were looking but never seeing . The difference between the successful and unsuccessful is how They interpret what they have been shown .
They never own the place . They complain about water and bush or distance .
Most people don’t have plan for their own prosperity.
Why should I buy Property?
I get to be asked that simple question daily .. and I have seen how a lot of People are not buying and how others are even buying wrongly .
Let digress so that we make progress..
There are two reasons you want to buy property..
Residence or Returns
Investing or Possessing .
Your purpose will determine the kind of question you ask and the kind of land you will buy .
Henry Did it well ...
He wanted to buy the land and he asked me to check it out . Besides the location and documentation being intact , I show him the compel matrix and I asked him while he wanted to buy ..
He wanted to buy for Returns or to make more money .
He bought the land and within 24 months , he sold 4.8m land for 46million Cash .
Someone was willing to pay him that money without any hype .. it was not based on luck but based on the principle that governs returns .
Disclaimer :
Some time , you can even make less than that or more .. perhaps I did not even know he would make that level of money but I knew he would make more money because of the compel rules .
Listen to me ..
I don’t predict returns but I can suggest growth based on what is predictable . Because accurate predictions are for the gods .
You should invest but invest with your thinking cap on .
Don’t be a mob . There are many mob buying lands because of what is not going to count ultimately .
You need to know you aim and make sure that the vehicle will help you to fulfill it .
Real estate can create a short curve to your wealth creation but you need to do it well .
How are you investing ?
For Returns or for Residence .
Credit: Tade Esan
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