Generational Wealth Building – Creating, Growing and Passing Down Multi-generational Wealth. Best Strategies and Step By Step How To Do It.

It is not just the best thing you can do for your kids. it is the best thing you can do for your generation, your Legacy and your name.

Historically most great family wealth evaporate after the third generation. You can check the Medicis, the Rockefellers. Wealth generally dilute over generations.

But what if you could reverse the process?

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What if I could show you a way, a strategy that guarantees that instead of your generational wealth diluting and getting smaller with each generation, it will be increasing and getting bigger.

Would you take it to heart? Would you start it today? Would you inculcate it into your kids?

In this article I will be breaking down strategies and ways to not just create but also hand down multi-generational wealth through real estate investing.

But before I go further, why real estate?

Why didn’t I mention stocks, bonds, even gold.

The reason is that since biblical times, there is no better investment than real estate.

Real estate has been tried, tested and tried again. Even in the Bible when God wants to bless someone He gives them land.

Over time real estate outperforms every other form of investment.

The stock market is very volatile and inconsistent. Something as simple as a single news headline can send the stocks of a particular company from an all time high to a bottom of the ocean low.

How can you trust the fate of your kids and their kids to something as volatile as this?

As for gold, trying to grow and pass down multi-generational wealth by investing in gold is like bringing a tortoise to a horse race.

Gold is only perfect and efficient in protecting your wealth from inflation but as for actively growing your wealth by appreciating? Gold investment is useless.

Gold is out.

Real estate is the only investment in the world that not only protects your money from inflation but actively appreciates in value thus growing your money for you while you sleep or do whatever it is you feel like doing.

An asset must meet 3 criteria to qualify as a genuine multi — generational wealth builder.

1. The asset must be tangible.
2. The asset must be able to appreciate on its own over time
3. The asset must be able to outperform and beat inflation by a wide margin

The only asset that fits these 3 criterion is LAND.

This distinction is very important and must be noted.

Yes, real estate is the only way you can genuinely build multi-generational wealth but only one real estate asset is fit for this and that is land.

If you invest 1 billion buying houses, next 20 years those houses are outdated and no longer up to the current market standard thus their values greatly decrease.

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Any asset that has the possibility of decreasing in value over a period of time is not acceptable when your intention is to build multi-generational wealth.

Simply not acceptable. Which is why only land is suitable for growing and passing down multi-generational wealth.

It is tangible. It is beats inflation each and every time. It appreciates over time on its own.

Any money you invest buying land is a seed that will grow into a tree. No money put into land is ever a loss.

As long as you are buying from genuine people. There is zero chance that you will lose your money because land always appreciates. Always and forever.

That is why it is perfect for growing multi-generational wealth.

There are two main strategies you can use to build multi-generational wealth with, namely:

1. The every 5 years strategy.
2. Plot per kid strategy.

Let’s analyze them one after the other.

The once every 5 years generational wealth strategy.

This strategy is relatively simple and easy to start. It starts with you acquiring a minimum of 2 plots of land.

If you have the money you can acquire as much as an acre, two cares et cetera but the minimum you can do is two plots.

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So you acquire two plots and after 5 years, you sell one plot and use the money to build on the remaining plot. After building you rent it out.

Just like that, you now have a property that is appreciating in value ( that’s the land itself) and at the same time giving you cashflow( that’s the house you have now built on it).

Now you use the remaining money you have and use it to buy another location.

For example let’s say you use ₦52 million to buy 2 plots at Amen Phase 3 now. You hold for 5 years.

In 2028 plots at Amen Phase 3 will be selling for nothing less than ₦200 million. So you sell one plot for ₦200 million.

Then use ₦80 million to develop the remaining 1 plot and rent out the house so you will be getting rental income.

Your money still remain ₦120 million so what do you do? Go and buy G-wagon?

Nah. You use the remaining ₦120 million to buy another location. This time you can buy an acre.

After 5 years, you divide the lands equally into two. Sell 1 part and use the money to develop the remaining part and once again, rent it out.

Just like that you have expanded again.

This strategy is so effective and simple because it allows you to enjoy yourself while building wealth for your kids.

With the rental income you are getting you can live a very comfortable life and send your kids to the best schools. Vacation in the Maldives, Barcelona. Live well, while at the same time building wealth.

By the time you have repeated this process 4 or 5 times, you will see that your real estate assets are now worth billions.

You have set up your generation.

This strategy however requires patience. You must wait 5 years every time for your land to appreciate before you sell.

Not only that, you must understand the market so that whenever you are buying, you buy only emerging, prime locations that will appreciate optimally in just 5 years.

2. Plot per newborn generational wealth strategy:

This strategy is powerful because if you can master and successfully pass it down as a family tradition. Your generation will never ever be poor.

Unlike the 5 years strategy, this strategy is to a large extent outside your control. It starts with you but you need your blood line to adhere to it for it to be successful.

This strategy is also very selective because if your kids are already grown then you can’t implement it.

But if you are yet to start, then this is perfect for you.

This strategy involves you starting the tradition of buying a land for every kid born in your family.

Your wife gives birth, you buy your new born a land. By the time the kid is 18 years, a land you bought for ₦1 million is now selling for an obscene amount of money.

That is the thing about land, the longer they stay. The more expensive and valuable they become.

Imagine buying Amen estate for your new born now. Do you know how much that will be selling by the time the kid is 18?

I myself, I don’t even know. Whenever I try to calculate it my calculator breaks down 😅

You instill in them this tradition so they carry it on. A land for every new child born. This way every generation provides for the next generation.

Wealth creating habit and tradition passed down from generation to generation. Just like the surname.

This is another way to create multi-generational wealth. The type that doesn’t diminish with each generation but instead gets bigger.

To build multi-generational wealth is not hard. Neither do you need to be a multi-billionaire to do it.

No! All you need is knowledge, execution, discipline and patience. I have given you the knowledge, the rest is up to you.

I am Ugochukwu.