Discover the ins and out of how to invest in buy and flip real estate in lagos, including the locations, no of bedrooms, expected return and how to understand the market.
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I have mentioned the term buy and flip real estate in numerous videos, so it’s the right time to dedicate a comprehensive episode on how to buy and flip houses in Lagos.
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First and foremost, buy and flip real estate is location based, your property search must be locations with existing rental demand.
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Moreso, you must understand timing, which is when to hold your real estate and when to flip your real estate, market timing is very key for buy and flip investment.
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The location you are investing will also determine your strategy, which is what type of house to buy, number of bedrooms to buy and when you can flip .
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Although, your objective is simply to buy and hold the property, and your duration of holding is for 12 months to 3 years, you must not be desperate to sell, even when the property has matured enough.
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In this video, I identified the types of houses to invest in buy and flip in Oniru, Ikoyi, Chevron, Lekki and Ajah, with examples on prices and expected return on investment in each location.
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For first time investors who are about to start a buy and flip real estate, we can suggest some locations to start from depending on your budget, while we analyze the expected ROI on the buy and flip real estate.
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How To Invest In Buy And Flip Real Estate In Lagos
Nice content ,please is buy and flip better then buy back ?where you give real estate company money for like 6months and they give you like 20 or 30percent back and issues you a post dated cheque
Chia Mr break it down pump and clean & your work is appreciated!!