ACCOMPLISH MAGAZINE APRIL 2024

REALTOR’S AVENUE
1. Finding the right
properties:
The first step is
to find the right
property.
This includes finding
a property in a good
or emerging location.
Sometimes, it’s best to invest
in an emerging location
because these properties
are usually undervalued and
those who can invest in those
areas early can earn a high
ROI in the future.
You can also buy deficient
homes that require fixing up;
you fix up the property and
sell at a higher rate.
2. Start Early:
Start as early as possible.
It doesn’t have to be a big
purchase. It can be a piece
of land or a one-bedroom
apartment. Start as early as
possible to ensure you have
time to learn the ropes about
the sector. This would also
ensure that your investments
have more than enough time
to mature in order to gain a
high ROI.
4. Buy and Hold:
It's common knowledge that
real estate appreciates over
time. The best way to have
a high ROI is to buy and hold
the property for some time.
If you buy a property in an
emerging location, hold the
property till that location is
more developed before you
sell. The longer you hold the
property, the higher your ROI.
Wait until land in that
particular area is becoming
limited, infrastructure
development projects are
being planned, and major
business hubs, tourist
attractions, etc. are being
developed in the area. These
factors will ensure high
appreciation of the value of
the property
In conclusion, real estate is
a growth investment tool.
The sooner you invest, the
higher your investments will
appreciate in the long run.
3. Develop the
property:
You can purchase a large
2-bedroom apartment and
expand it to a 3-bedroom
apartment as long as you
do not have to destroy the
house layout. Expanding
the property automatically
increases the price you can
sell it, thereby increasing your
ROI.
JOHN
ABIODUN OLAITAN
AUTHOR BIO
John Abiodun Olaitan is a real
estate consultant, realtor and
emerging developer and CEO
of Arklanded Properties Ltd.
He diversified into real estate
after decades of experience
in the oil and gas sector. He’s
happily married
with children.
www.theaccomplishmagazine.com
| 59