SMART REAL ESTATE INVESTMENT

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Happy holidays, I trust you are all having a wonderful holiday in this yuletide season and prepping for a wonderful new year. 2018 promises to be filled with so much to accomplish but only for those who are willing to recognize and take the opportunities as it comes.

Some of the things you need to consider to make a smart real estate investment even as the year comes to an end are 3 key important factors but not limited to it, which will help determine how to invest profitable.

1.BUDGET:  I can't overemphasize the importance of budget in real estate investment but yet for some reasons, majority of investors choose to turn the blind the eye to reality behind the key role a Budget plays in real estate investment. You might be fortunate to have so much financial capability hence been able to invest massively but when that isn't the case, it is important you take into cognizance the fact that your financial worth will determine where to invest.

So when making plans to invest in Real Estate, be realistic with yourself and check the books to determine how much you are willing to use to acquire a real estate asset. Know what works for you; A person earning 10million Naira annually can decide to acquire a real estate asset of 40% of his income or a little more, and you will also agree with me that a 2million Naira annual earner can't make the same financial obligation in Real Estate investment, so it is very important you know your budget and what works for you. Once you determine this, it makes the journey of investing in Real Estate easy.

We continue tomorrow with the second factor to consider in making smart real estate investment.

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