Acquiring landed property is a nice investment, but when you run foul of the rule it becomes very risky. Property investment is like a dicey game that requires great caution and care. In fact, it presents two possibilities: risk or reward. Your level of experience and skill help to make the shift from risk to reward when you invest. Going to villages to acquire large expanse of land has gains and pains.
Land is very cheap in some villages. For this reason, you can buy as many as you want depending on your budget. Indeed,, money for just one plot in the city can buy many plots in the village. But then there is caution. Like the saying 'palm-wine is sweet but over consumption is dangerous' is applicable here. In a similar vein, you should not invest all your money in that village. For it will be like putting all your eggs in one basket. Reason? Find out.
Acquiring large expanse of land in villages sometimes results in problems in the future. The following issues might arise:
1. How do you secure your land and prevent intruders into it? Otherwise, once the village has sold all their lands they could fall back on yours and start reselling it.
2. The youths or new community leader could feel you cheated on previous administration in your acquisition and therefore request for financial settlement.
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