How to start Real Estate investment with Small Money and Grow It Big in 2020

  • by Kelechi
  • 2 years ago
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How to start Real Estate investment with Small Money and Grow It Big

How to start Real Estate investment with Small Money and Grow It Big in 2020

How to start real estate investment with small money and grow it big in 2020 is a business skill worth learning about. Can you really start real estate investment with small money and grow it big? Is real estate not a rich man’s business? Does it not require huge capital?

The above issues have held some below average earners in Nigerians back from investing in real estate. The mindset of this class of people is that real estate is rich people’s business because they believe it requires a lot of money. But is it really so? Don’t you think you can start a real estate investment with small money and grow it big?

Now let us answer each of those questions one after the other.

  1. Can you start real estate investment with small money? Yes you can. You can start small and grow it big. But how? Keep calm, I will answer you.
  2. Is real estate investment not a rich man’s business? No, anybody can engage in real estate, be you rich or poor. Remember, many rich people weren’t born rich. They started somewhere.
  3. Does it not require huge capital? Not when you are humble, realistic and teachable.
How to start Real Estate investment with Small Money and Grow It Big in 2020
How to start real estate investment small

How can I start Real Estate investment with Small Money?

Here we go. First, you need a positive mindset, “I can.” Then you need to move away from people who don’t share your thought and your values, people who can bring you down and negative people. Surround yourself with positive people who share your vision.

Also you need to be realistic, live within your means and dream within your means. Your dream house may not be your first house, just start somewhere. Don’t dream of 600 SQM when your money can only buy 150 SQM, and a duplex when your purse says a three bedroom bungalow. Start with what you have.

The rich man was probably not rich when he started, at least not all started rich. He started with what he could afford. You don’t have to be rich to start, you have to start to be rich. Make a list of all the areas you know in your locality.

For example, in Lagos we have places like Lekki, Victoria Island, Banana Island, Ikorodu, to mention a few just for the  sake of example. Now you have to filter out the area not within your financial capability. You would not dream of buying a land from Lekki, Banana Island or Victoria Island.

How to start Real Estate investment with Small Money and Grow It Big in 2020
The journey of real estate investment has to begin some where

It is not impossible for you to buy a land from those areas, of course you can in the future but in the present time your pocket speaks Ikorodu Language. So what would you do? Even in Ikorodu some areas are more expensive than others. If you are realistic you can start real estate investment small and grow it big.

Therefore, you would have to look for a land in the area where it is much cheaper. Some parts of Ibeju Lekki are still affordable for now.No matter how interior the place might be just start there. Look at it as a long term investment, buy the land and keep just the same way you buy share. If you don’t, you will regret it in future.

Buying a land is not always about being rich, it is more about discipline, priority, mindset and determination. I have seen people move from a one room apartment into their own homes. If it is your priority you would give up expensive lifestyle to acquire it.

A good home is worth having. Better to own your own house and trek than to live in someone else’s house and ride a car. I mean, what shall it profit you if you own the latest gadgets but someone else dictates how you use those gadgets, the volume of your TV, when to use your AC and when not to, when to put on your generator and when not to?

How to start Real Estate investment with Small Money and Grow It Big in 2020

Estate agents have made it easy for anyone to own a piece of land. So if owning land is your priority you can achieve it, irrespective of your financial status. How about you start by purchasing 150 SQM (mini) of land, if you cannot afford 300 SQM (midi)? If your money is above mini and you cannot afford maxi (450 SQM) or mega (600 SQM), why not by midi (300 SQM)? Just start somewhere, choose a region where land is cheap and just start from there.

Real estate agents also allow you to pay installment ally, so there is no excuse. The first step is to make up your mind. If I start this small how can I grow it big? I have made an article that answers this question. And here are habits you need to do away with if you want to save money for investment.

If you want to get to the top, start from the bottom and climb gradually till you get to where you want to be. I hope this post helps you make a decision today. Start small and grow big. Be determined, resolute and consistent. Remember, slow and steady wins the race. I hope this helps you understand How to start Real Estate investment with Small Money and Grow It Big.

Another way you can start real estate investment small and grow it big will be discussed in a near future article. Our company has made it easier for anyone to become a landlord. We will discuss in detail the company’s strategy in helping its clients start  real estate investment small and grow it big.

How to Start Real Estate Investment with Small Money and Grow It Big in 2020

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