At the first site of this headline, your brain will natural conclude that it’s impossible, because it’s sound too good to be true right? And you may likely say to yourself, this must be one of those indirect statement, meant to be cracked before you can profit from it. But can I burst your bubble here, this is not one of those indirect statement. It’s as direct and simple as its literal meaning, you can make money even while you sleep.
Ok, let’s assume we did skipped that hurdle, the second interpretation or conclusion your mind will probably have about the headline is, perhaps these guys are talking about some online business… yeah you are right in your own way. However, in this case, YOU ARE STILL WRONG.
Well let me say at this point, that this is not one of those article that wants to lead you on, loading you with so much information to a point of confusion, so that you almost forgot what made you to read it at the first place.
So I’m simply stating here that you don’t need to crack your head further concerning the topic of discourse; property and real estate business is not just the mother of all wealth creation, but automated wealth creation, that don’t need your permission per time to increase in value, ones you have it, trust me you can go to bed with both eyes wide shot.
Real Estate has changed the fortune of so many billionaires around the world, without necessarily based on any strategic move they made, but simply because the business of property has the lowest nature of asset depreciation and risk. Imagine, merely acquiring a property from a trustworthy Real Estate agent, it increases both in fixed asset and means of further production by the day.
Unlike some other assets, the day you acquire a real estate, that’s the last day that particular property will ever be sold for or less than the amount you bought it, the price is continuously upward.
Real estate is the only asset, with or without your input still increases in value. Basically, it’s the only venture that don’t need your permission, or the economy to appreciate in value.
It’s much more beneficial in developing regions like Africa where the property market is not as matured like in North America or Europe. Lagos, and Nigeria at large is an example of cities in Africa that are currently rated as hot property markets. Due to the huge demand for shelter in many of these cities, the returns on real estate investment are one of the highest in the world.
With the growth in population, leading to higher demand for accommodation in the midst of inflation, rent prices are always on the rise. Therefore higher rent automatically means more income for you, a steady and upward income for that matter.
Again you can sleep and make money in property business, because of the low risk investment associated with it. It’s no longer strange to hear of stock market crashes, banks and other financial institutions going bankrupt. This is a different case in real estate. Even in times when property value falls, you would still earn rent income from the property.
No doubt, acquiring property is taking charge of the most critical foundation for wealth creation. For example, collateral is one of the biggest obstacles faced by entrepreneurs in obtaining a bank loan to start a new business or acquire a factor of production, especially in Nigeria. When banks ask for collateral, they want something that is equal to or greater in value to the loan amount you are asking for. Unlike items like cars, machine etc., which loses value every day, real estate is most preferred because of its nature of continuous appreciation in value. In fact the availability or unavailability of real estate as collateral at the time of seeking loans has led to the birth or death of most big businesses today.
Also real estate is physical and tangible unlike stocks, bonds and many other intangible forms of investment, that are easily affected by market fluctuations. In property business, both in times of high inflation or in economic boom, real estate investments remain robust and most often continue to earn you income.
In the investment market, the amount of dividends paid by most companies often fluctuate and may not consistent. For instance, bank savings usually attract interest payments even though steady, but are often very small compared to the returns you get from investing in property.
Also in property business, you can plan and project better, with rest of mind, because the income from real estate investment is steady and predictable. Aside from rental income which fantastic for people who are planning for retirement.
Therefore, the next time you are thinking of an investment that guarantees increase in income, more value on every ground, and rest of mind so that you can sleep while making money, think of investing in real estate.