According to Marshall Field, his thoughts on real estate is that “buying real estate is not the only the best way, the quickest way or the safest way but the only way to become wealthy“
According to the quote above, you can see that the only way to become wealthy is through real estate. So thereby there is a reason why people buy real estate.
Number one reason is for “Investment Purpose“
The secret of the wealthy people is that they invest their money into real estate. Real Estate appreciates faster with high returns on investment. So for this reason, people pour in their money to invest in real estate (buying a house or land)
Number 2 reason is for “Generating Yearly Income through Rental Income“.
The number 2 reason is the reason why landlord keeps growing rich in their dream. People buy property so that they can generate yearly income cash flow for themself from any part of the world.
Number 3 reason is for “Retirement Purpose“.
As funny as this may be, a civil servant who works and earn a salary tends to save money ahead of their retirement time.
People want to retire to their own apartment or house so because of this, they always have the intention to buy property either land or house to prepare them ahead of their retirement.
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Number 4 is for “Personal Comfort and Safety“.
This particular reason can’t be overemphasized. Over 99% of people who buy property buys for their comfort and also for safety which is also a vital key in real estate.
Number 5 is for their “Children and Unborn Generations“
This should be the most important reason why people buy real estate because no one will want to have children and allow them to suffer. So, the only way out to solve poverty for your children is by buying the house or land in their name.
All parents are advised to buy property for their children each and it should be in the name. Parents can write a property will for their children before they die.
If you have four (4) children. Then make sure each of your children is entitled to at least one property each.
Just make sure your children are comfortable and your generation will surely pray for you in return.
In conclusion, people buy property for various reasons best known to them. But the above five (5) points are good reasons why people buy real estate.
Don’t be left out to buy into real estate now.
The best time to key into property investing is NOW.
I am always available to help you invest in real estate in Lagos State, Nigeria for a high return on investment and also to guide you through places and locations that would appreciate faster.
Another important way to make money in real estate is through SHORT LET. You can buy a 2 bedroom apartment in Epe, Lagos, or a 2 or 3 bedroom apartment in Ikate Lekki Phase 1 and use it for short let.
And also, the fastest and quickest way to make money in real estate is by buying off-plan property. Buying off-plan property has amazing 7 reasons and also there genuine real estate developers who are into off-plan property either in Lekki, Ikoyi, or in Ajah.
Get your own property now. Buy more properties now and surely you are on your way to wealth.
For property investment, payment of affordable property in Lagos State, Nigeria please Call or WhatsApp Peter on 09015094850 or click on the WhatsApp button on your screen