28/08/2022
*How you make money through real estate*
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*💰*Buy and sell land* : one of the easiest way to make money in real estate in Nigeria is to buy land and sell it when the land appreciates. This is called *land banking* , you can start this by buying a cheaper lands in a low developing areas to sell later.
💰*Rent:* you can make money in Real estate by renting your house or apartment , placing it in yearly rent or monthly rent but the best way to rent your apartment or houses is by yearly this will give you a bulky income .
💰Lease of lands or houses:* you can lease your house or land for 5 years,10 years,20 years, 30 years especially when you don't have money to develop the land soon, depends on how soon you might change your mind about the lease agreement, example can lease to block industry, mechanic workshop as well as for farming .
💰Buy and sell houses: you can make a huge amount of money in Real estate by buying houses in a low blow areas to sell as the Time goes by you can start by buying luxury houses to sell.
*Investor: you make a huge return out investment (ROI)when you buy a land or properties from real estate company and resell it when it appreciates these properties are sold later, and u will be paid the money you invested in the company.
**Become an estate Developer* : by being a real estate developer you can help people to build houses,and they make money through this.
**💰Start a real estate company:You can make your own money in real estate by starting your own real estate company,all you need is to register your own real estate company under cooperate affairs commission (CAC) in Nigeria and do all required by the government of the state, paying taxes, estate charges depends on the state in Nigeria.
*💰Become a real estate agent*: a real estate agent is a person who helps people find apartments, Lands, he is paid a commission which can be 10- 20% as the case may be. They are are Realtors, real estate consultant.
💰 Renting for vacation: it involves renting ur house or properties to persons who are in the country for short periods of time, either for tourism, and site seeing of place of interest.
💰And there many other ways, which incl
