Statistics by the Nigerian Securities and Exchange Commission ( S.E.C ) in March 2021 revealed that three million Nigerians lost N18billion to Ponzi scheme operators and other investment scams. The cryptocurrency ecosystem hasn’t been spared either due to its high-level of volatility.
In a tweet posted by the popular venture capitalist, Osaretin Victor Asemota. He stated that; “An 80k Naira land investment in Lagos in the early 90s is now worth 200m+. Then again, 80k Naira was also worth significantly more at the time.” That explains a lot about how tangible real estate investment can be. A lot of people lost money to stock, mutual funds, bonds investment when the company bankrupted.
The CEO of BSTAN homes, HRH Dr Becky highlighted that real estate is an imperishable asset, ever-increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.
The real estate Mogul, HRH. Dr. Becky, emphasize that with a worthy and proper real estate investment, you stand to make secured profitable yields and gain interest on your investment, regardless of market inflation and deflation. In other forms of investment, such as stock, you don’t have control over the company as you are just a spectator. A scandal or court case can plummet a stock price and turn an investment of NGN 500,000 to NGN 0. In real estate, the house might depreciate, but the land always appreciates in value.
Sadly, the majority of Nigerians often think they have to “break the bank” in order to have a real estate investment, but this is not entirely true. Thanks to BSTAN Homes a Subsidiary of BSTAN Group, at BSTAN Homes, affordability is our keyword as we believe, there is no point building houses that people can’t afford. That’s why we also provide payment plans for our houses which can be spread across a period of 5, 7, 10 years or more. The best investment an individual can do is actually to invest in real estate.
Mr. Enonche invested in his first real estate in the 90s, he paid the mortgage for 15 years, while he was paying the fixed price mortgage, he consulted BSTAN homes, for real estate investment plans. By the time he retired, he has 10 real estate properties to his name. Real estate has been a thing for over two centuries, and it has continued to thrive, perhaps the oldest and most relevant form of investment. Even an existing landlord can have a second home as a retirement plan through the rent derived from it.
The result Mr. Enonche got was a reflection BSTAN homes success story. HRH. Dr, Becky founded BSTAN homes over a decade ago, the company will be 14years in business this year with over 26,000 units of finished houses in Nigeria.
Under the leadership of Dr. Becky Olubukola-Oke, BSTAN homes has over 14,500 units of houses on going in over 13 estate development on going in Abuja, Lagos, southwest projects and other parts of Nigeria
Real estate offers greater returns than the stock market while avoiding the stock market’s volatility.
Your land will always have worth, and your home will always have value. Other investments, such as stocks that can go to zero or a new car that loses value over time, can leave you with little to no actual asset value. Property owners’ insurance will protect your real estate investment, so shop around for the best coverage available to ensure that your asset is covered in the worst-case scenario. BSTAN Homes is actually a great place to start your real estate investing journey.
Dr Becky Olubukola-oke the CEO and Managing Director of BSTAN group in her convener speech at the National Housing Fair 4.0 spoke extensively on the massive opportunity that real estate presents in the world, most especially Nigeria. The Nigeria real estate industry is worth NGN 59 trillion. That is a lot of under tapped wealth building industry. Dr. Becky who is the Author of Bestselling Books “Alpha Woman” and “Making your Money Work” has groomed and coached multimillionaire real estate investors. When it comes to investing in real estate, BSTAN Homes offers a unique combination of expertise, as well as deep knowledge of local market circumstances, to focus on finding opportunities: reducing risk and maximizing the potential. That’s what we provide to our business clients and partners.
Here are five reasons why you should invest in real estate if you haven’t considered it before now;
PASSIVE INCOME: Passive income includes regular earnings from a source other than an employer or contractor. Passive incomes include earnings from a rental property, limited partnership, or other business in which a person is not actively involved—a silent investor. You know that you are on your way to financial freedom when you earn money while you sleep. Investment in real estate is tantamount to making money with ease. The majority of Americans are concerned with savi.