11/05/2017
HOW I BUILT MY FIRST HOUSE BEFORE I WAS 30 SERIES
Introduction
Hey everyone,
Sequel to my post and campaign of “HOW I BUILT MY FIRST HOUSE BEFORE I WAS 30”, I will be making a series of post to really put this issue in perspective. I will highlight on some fundamental factors that will influence your achievement of this feat within a targeted time frame.
As we all know, becoming a landlord at this time in the history of this country is no joke and if one is able to achieve this, it will affect the lifestyle, hussle, investment etc of that individual and that is why everyone pursues this dream, though not everyone in a life time is able to accomplish this.
Before I continue, I want to deal with some important issues, which include:
1. Mindset,
2. Perception,
3. Goal,
4. Plan,
5. Time,
6. Present income,
7. Job description
8. Myths about property acquisition
I can bet that majority of persons reading this right now have the opinion that owning a property or becoming a landlord is based on income, that is “if I earn good pay, I will definitely build a house” but you see, INCOME is only number 4 on my list of “requirements” to becoming a landlord before 30 or as the case may be, within a targeted time frame.
Sir, I will quickly bring to your notice, countless professors, senior lecturers, medical doctors whose income is between 200, 000 – 500, 000 naira monthly and have served for more than twenty five years without a house. Some may think this is a joke, but sorry to shock you, it’s not – IT IS A REALITY. I personally know a professor who only completed his house at the point of retirement seeing that he had to move out of the staff quarters where he had lived all through his service to the government. Don’t tell me he had no money; don’t tell me his income was inadequate; don’t tell me, he trained his children through school – all those are all EXCUSES.
You have to understand that every have reasons for not been a landlord yet. EXCUSES are not my turf.
Therefore, income doesn’t fall within the first major requirements on the journey to becoming a landlord.
Here are some questions I often receive from people
Can a common driver like me become a landlord?
Can a common vulcanizer like me become a landlord?
Can a common teacher like me become a landlord?
Can a common bricklayer (mason) like me become a landlord?
or can a common trader like me become a landlord?
As I often respond, there are drivers, vulcanizers, teachers, bricklayers, traders who are self made landlords. So, really your job description is no excuse.
Just the same way you find children of some drivers out of school because of fees, if you do a careful study such drivers; you will discover that the money they spend on ci******es, alcohol, in pepper soup joints, is amazing and you can only wonder why their children are not in school.
In a nut shell, you will discover that our lives and the outcome we have from the things we do come down to our MINDSET.
In my next post, I will be dwelling on MINDSET as it relates to becoming a landlord
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