Real estate investments have lower risk than stock and forex trading .
There is a wave of owning a house or land in Kenya and many high-net-worth individuals as well as investment analysts are confident in real estate investment .
There are several benefits of investing in land as opposed to other types of properties .
You do not have to do anything to vacant land .
Once you buy land, you do not necessarily have to spend extra to maintain the land .
You can sell it as it is .
The most people do is to put a fence round a piece of land as evidence of ownership .
Some agents will develop the land by connecting electricity and water, and constructing roads to raise the value of the land and sell it faster .
Land is a ‘hands off’ investment You do not have to deal with tenants or fix any leaks or other issues that come with owning a house or a building .
Investing in land gives you peace of mind because it is a long-term investment and a tangible asset that does not wear .
Valuable resource The fact that they are not making more of it, those who invest in land have an asset that is in high demand .
Do not be in a hurry to sell it off .
Once you buy a piece in the right location, it will make more sense in the long-term and get you good returns .
For example, land that was worth Sh50,000 a decade ago is now worth between Sh3 million and Sh5 million per acre .
Start small and buy some of the land going for Sh400,000- Sh550,000 now .
As they say, ‘Do not wait to buy land, buy land and wait .
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