LESSON #4:
REAL ESTATE
INVESTMENT.
This is the field that the modern woman should start engaging in ever
since women got emancipation. In olden times women could not inherit property
because they were said to be property themselves, but with the world revolving
this investment field should not be left for the men alone. There is a proverb
that goes “when a woman’s hand tills the land it bares fruit”. So why not
invest in buying land other than buying that pair of shoes that goes for
Ugx.800, 000 or a dress of Ugx. 2,500,000?
Be a good investor, real estate is a very profitable industry because
it covers the 2nd most important basic need –shelter, because
shelter needs land and without shelter humans are vulnerable to harm.
To learn this industry you first have to think like a land owner. What
does it mean to be a land owner? If I have land what will I do with it? How do
I make my land generate money? How do I protect my land from encroachments, land Wrangles?
Secondly you must be your own land broker before you hire a
professional land broker. Get to know the brokers language, how they work, how
they get connections, commissions and most importantly how they sell and buy
land on behalf of their clients. Brokers are very tricky and cunning people so
sharpen up you’re A -game before they sharpen you up with bad experiences.
Third know more about what is involved in being a land owner, all the
legal ownership rights, legal documents, land titles, land agreements, building
plans or land upgrading plans, urban planning e.t.c. Never trust your legal
documents with anyone maybe your lawyer or partner (depending on the
relationship you have), but better still trust only yourself, because land is
like money it divides people.
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