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Thursday 3 November 2016

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BENEFITS OF INVESTING IN REAL ESTATE




BENEFITS OF INVESTING IN REAL ESTATE
Shelter is one of the most basic human needs everywhere in the world. The shortage of suitable accommodation in Africa is pushing up rent and property prices in several cities and towns across the continent, making it one of the hottest and most promising places in the world for real estate investment.
Ibeju Lekki notes that the boom in Africa’s real estate market is a juicy opportunity for entrepreneurs to exploit and become successful property owners. The following are some of the reasons why investment in real estate is attractive.
PROVIDES STEADY CASH FLOW:
When you buy or build a house, and rent it out to tenants that property starts to earn you rental income (monthly or yearly depending on the contract with your tenants). With the high demand for accommodation and growing inflation, rent prices are always on the rise. Higher rent prices mean more income for you, the landlord. Compared to other investment options, the income from real estate is the steadiest. For instance, the amount of dividends paid by many companies often fluctuates and may not be paid every year. Bank savings (another form of investment) usually attract interest payments that may be steady but are often very small compared to the returns you com get from investing in real estate. Because the income from real estate investment is steady and predictable, you can plan better. Rental income is also great for people who are planning for retirement.

About Unknown

Hi, My Name is Enike Opogah. I am a Property broker, motivational speaker, blogspot developer. I am a certified internet marketing professional. I love what I do and I just want to keep doing what I do.

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