Real estate is just the property. Land or house. You buy it and hope it goes up over time. That’s why people always talk about places like Ibeju-Lekki, Ajah, the outskirts of Abuja, and Port-harcourt.

Rental income is the money that comes in after someone is actually living in it and paying you monthly or yearly.

You can own land and still not get anything from it if it’s just sitting there. In Nigeria, most people focus on buying first. The rent money part usually comes later, if it even comes.

If you had money now, would you buy land or something that pays you every month?