Background of the Study
Real estate investment remains one of the most lucrative ways for individuals to build wealth, particularly in emerging markets. Small-scale investors, who typically do not have access to large amounts of capital, often rely on creative investment strategies to participate in the real estate market. In Nasarawa State, a growing number of small-scale investors have entered the real estate market as the state experiences urban growth, infrastructural development, and increasing demand for housing. These investors often focus on low-cost residential developments, land acquisition, and rental properties.
However, small-scale investors face unique challenges, such as limited access to financing, lack of information on market trends, and legal and regulatory hurdles. Understanding the investment strategies employed by these investors is crucial for identifying opportunities to improve their success and promote sustainable growth in the real estate market. This study aims to evaluate the strategies used by small-scale investors in Nasarawa State and explore the factors that influence their investment decisions and overall performance.
Statement of the Problem
Although real estate presents significant opportunities for small-scale investors in Nasarawa State, many struggle with making informed investment decisions due to challenges in financing, market information, and competition from larger investors. As a result, small-scale investors may face difficulties in maximizing their returns and contributing to the overall growth of the property market. This research will explore the investment strategies used by small-scale investors in Nasarawa State and provide insights into how these investors can improve their strategies for greater success.
Objectives of the Study
Research Questions
Research Hypotheses
Scope and Limitations of the Study
This study will focus on the real estate investment strategies of small-scale investors in Nasarawa State. It will involve surveys and interviews with real estate investors operating in the state. Limitations include potential biases in responses from investors and challenges in obtaining data from informal or unregistered investors.
Definitions of Terms