Waiting is the most costly thing you can do in real estate.
Many people put off making their first investment because they want to wait for the “right” time, a better economy, or higher pay. The reality is that the market moves without you as you wait.
The Best Friend of Real Estate Is Time. The population of Lagos increases by more than 600,000 per year. The need for houses and land rises along with that expansion. The identical plot that sold for ₦5 million last year may now be worth ₦7 million and is likely to surpass ₦10 million tomorrow. Delays cause you to lose position as well as money.
The Real Cost of Delay
Each year you wait entails:
- increasing access costs for the same place.
- Loss of chances in rapidly expanding neighbourhoods like Ibeju-Lekki.
- Loss out on rental revenue that you could have earned.
Because they continued to wait, many people now find themselves priced out of desirable locations.
Begin small and scale steadily. To begin, you don’t need millions. Urgency is necessary.
A single plot of land now could serve as the basis for a house, rental income, or legacy asset in the future. While others are still attempting to catch up, we at Urban Living Development have witnessed early investors grow their wealth just by taking action.
The perfect time to invest was yesterday. The second-best time is today. Every day you wait, the market moves further ahead. Don’t let hesitation cost you your legacy.