YENEQ Realty

If you're investing for rental income, the number of bedrooms shouldn't be your top priority. What really matters is the income class, location, and target market.

You could have a 5-bedroom in Ibadan, but a 1-bedroom in Lagos might generate higher rental cashflow. For instance, a 1-bed in Lekki Phase 1 could rent for the same amount as a 4-bed in Sangotedo, yet the income class and demand in both areas are completely different.

A room self-contain in Yaba might give you better cashflow than a 2-bedroom in Mowe-Ofada — because people with higher income prefer central, accessible locations and are willing to pay more for convenience.

Before you invest for cashflow, ask yourself:

1. How fast will people rent this property?
2. Why would they be willing to pay that amount?

These two questions are crucial for making smart rental income investments.

~ Realestatewithqueen