7 Common Excuses That Stop People from Investing in Real Estate And How to Overcome Them

Do you know the biggest thing stopping people from becoming property owners in Nigeria?

It’s not really a lack of money… It’s excuses.

Yes — the little reasons people keep giving themselves until prices shoot up, opportunities disappear, and regret sets in.

In this article, I’ll share the 7 most common excuses people make that stop them from investing in real estate — and why you should avoid them at all costs.

1. “I’ll start when I have more money.”

This is one of the most popular excuses.

But here’s the truth: the longer you wait, the higher the prices go. Land that sells for ₦5M today may be ₦15M in just a few months or years.

Instead of waiting, explore flexible payment plans or joint ownership. The key is to start with what you have.

2. “The location is too far.”

Every “too far” location eventually becomes a hot spot.

Remember when Lekki-Ajah, Sangotedo, Ibeju-Lekki, or even Epe were considered too far? Today, these are some of Lagos’ fastest-growing investment corridors.

Tomorrow’s prime locations are today’s “too far” towns. Don’t wait until it’s too late.

3. “What if I lose my money?”

Fear of scams is real — but that’s why due diligence exists.

When you buy from trusted developers and verify all documents, you minimize risk. Don’t let fear keep you broke while others are building wealth.

4. “Let me think about it.”

Thinking is wise, but overthinking in real estate usually leads to missed opportunities.

By the time you finish thinking, prices may have doubled. In real estate, decisive action always beats endless deliberation.

5. “I’m waiting for the perfect time.”

Many people believe there’s a “perfect time” to invest — maybe after an election, when the economy improves, or when the exchange rate stabilizes.

But here’s the truth: there will never be a perfect time. Real estate appreciates whether the economy is strong or weak. The best time to start was yesterday. The next best time is today.

6. “I don’t have enough knowledge.”

Some people stall because they feel they don’t know enough about property laws, documents, or the market.

But the solution isn’t to sit back — it’s to work with a trusted realtor or advisor who will guide you step-by-step. You don’t need to know it all to get started.

7. “I don’t want the stress of managing land.”

Another excuse is, “What will I even do with the land? Managing property is stressful.”

Here’s the secret: you don’t have to live on the land right away. You can land-bank, lease it out, resell later, or even partner with developers. Land is versatile — and its value grows while you sleep.

Real-Life Example: The Cost of Excuses

A client once told me, “I’ll wait until I save enough to buy land outright.” At the time, plots were selling for ₦5M.

Two years later, when he was finally ready, the same land was ₦15M.

Another client, who had the same concern, chose a flexible payment plan instead. Today, her land has appreciated significantly — and she’s glad she didn’t let excuses hold her back.

Final Thoughts: Excuses Delay You, Action Rewards You

Excuses might sound harmless, but they cost people millions in missed opportunities.

Instead of asking, “Why now?” flip the question: “Why not now?”

You don’t need all the money in the world to start. Begin small, spread payments, or even co-invest. What matters is taking the first step.

Remember, the property you didn’t buy today will be bought by someone else — and tomorrow, you’ll be the one wishing you started earlier.

So, what excuse has been holding you back from investing?

For enquiries, contact Peter at +234 901 509 4850 or click on the WhatsApp button on your screen.