01/08/2022
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LAND BANKING.....
show me a bank that can give you 50% to 100% profit when you lodge your money in their banks and I will delete this post but if not I have a bank that can give the above percentage and more please read and share ...https://wa.me/message/WW6INDPOF6JSD1
DEFINITION OF LAND BANKING:
Land Banking, by definition, is the process of buying and holding ("banking") land for future development or sale.
It is the practice of buying land as an investment, holding it for future use and making no specific plans for its development immediately.
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The concept of Land Banking involves buying land in small or large quantities for a reduced amount, with the aim to develop such land or selling the same for more profit in future. Findings reveal that land banking has been in existence for decades and a goldmine, yet unexplored, but recently gaining popularity in the Nigeria.
WHAT IS LAND BANKING AND WHY SHOULD YOU BE DOING IT?
If you’re like most real estate investors, you’re probably pursuing this business with one or two primary goals in mind:
✅To buy a property and flip it for a profit as soon as possible.
✅To buy a property and create a dependable source of passive income.
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Both strategies are completely legitimate, time-tested methods that have created a lot of wealth for a lot of people in real estate. However, of all the various ways that people pursue real estate investing, one of the most overlooked and underused strategies I know of is a buy-and-hold technique known as “Land Banking”.
Several Nigerians who live abroad are looking out for several investment opportunities to invest their money. No other investment opportunity in Nigeria offers a better return than the real estate sector because Land never depreciates.
The most horrible thing that can happen to Land is for the price to remain constant but it would be only for a while. We usually notice fast appreciation in price particularly when investment is focused at strategic places. A very good example is the Ibeju Lekki corridor.
Rather than saving your cash in the bank where you make like 3% in a year, why not just store your cash on landed properties where you can get between 50% to over 100% profit within a year Land Banking with one of the fastest growing Real Estate Firms in Africa: GTEXT HOMES.
Chat with OGA LANDLORD for more details
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