(i) Primary Speculation buy plots and sale at a
higher price at a later date.
(ii) Investment:- Buy plot to develop or buy
completed house for rental
income.
(iii) Secondary Speculation :- Buy a house and
develoip or buy a completed house for the
purpose of selling the house at a later
date with a markup.
(iv) Hybrid Approach:- Buy a plot and develop or
buy a completed house , use for investment
for a few years (2 to 5) and then offer for
sale at a premium.
(vi) Wholesale Approach:- Buy large acres of land,
develop to housing units and place on offer
for sale.
Each of the option(s) have its own pros and cons
but majority of real estate investors cling to (i)
Research has shown that there are superior returns on options (iii) and (iv) on the long term.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .