finding a niche

[Michael Ibosiola]

Hi all

I have been studying and taking time to pick a niche.

From all research  made ,I discovered Nigerians are more into 2 niches:  buying of raw land, hold for a while and resell when the value of the property increases in terms of cost. But I also notice this model sometimes takes years for the cost to increase which ties down capital.

The second niche is the build/buy and hold.

I want to base my real estate investment journey along this two niches.

I will  be delighted if anyone with experience in this 2 niches guide me.

Thank you

[Josh Caldwell]

I dont do either niche but I will offer some advice on the raw land strategy.   That strategy takes a long time in my part of America.  So if you are looking to do a buy and hold on raw land, choose your land carefully.  Choose areas of growth and appreciation.  Also look to follow urban sprawl.  Find out where new highways are going to built and buy up land along those areas.  Buy land in front of population expansion. 

good luck

Josh