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Nairaland Forum / Nairaland / General / Properties / General Topic Thread-To Discuss Anything And Everything in Building Construction (4540404 Views)
Discuss Anything Property And Lets Make Money In The Process / Residential Building Construction Mistakes In Nigeria You Need To Avoid / General Topic Thread - The Roforofo Thread Of Construction Activities (2) (3) (4)
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Qc1(m): 6:27am On Aug 06, 2016 |
mufutau55: Thanks my Oga. BTW I'll love to invite you to a party in Lagos, if it's not too much to ask. I'm going to be in Staten Island next month, would you like to meet in the zoo (Bronx)? 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by abouzaid: 6:50am On Aug 06, 2016 |
gabbytabby:thank you ma, it usually contains more stones than pictured above and is used for making concrete by mixing it with cement, it's widely used here in the north for any purpose concrete including foundations and lintels, the locals swear by it and it seems to serve the intended purpose, an architectural and building technology student recently claimed to my surprise that it's even used to construct story high buildings at enugu but i choosed not to argue with him, i have searched online for research articles on its use but the abstracts i got are not detailed enough so i need more practical advise on it, I'm just interested in its use for low cost homes as is widely done in the more rural areas of the country. more advise please needed |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Qc1(m): 7:10am On Aug 06, 2016 |
ottersberger: Thank you sir (or Ma'am). Much respect! I can actually request for leave of absence for up to a year. I decided not to go that route because If I quit/retired, I will have access to some packages, in in turn is my primary target. I will enable me to reestablish myself in naija without no wahala. To be honest, the most important thing in the world to me is to reunite with Mrs Qc1, I don't if we have live in Afghanistan. I'm sooooooooooo tired of abroad man! I really don't know how to explain it. I thought about some Nigeria communities outside naija as an option. eg, Houston, London, Toronto, Brooklyn(Corney island) NY etc... I really don't mind to live there for a while if I don't pay to pay too much for rent/ montage. But then again, I don't feel like starting all over again. It's just so frustrating that you can't return to enjoy your country of birth. Really....it's a shame! . 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Qc1(m): 8:00am On Aug 06, 2016 |
EgunMogaji: EgunMogaji...you have to look at the prospect too! We ain't getting younger everyday! ![]() |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Qc1(m): 8:02am On Aug 06, 2016 |
Demainman1: Okay....em....em.... may I know you too? (please tell me you're not brabus, he's the only one here that knows me that much!) Thanks. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Demainman1: 8:10am On Aug 06, 2016 |
Qc1: ![]() Anyway being away since 1992 is no joke. If you must, go home and enjoy your retirement brother. My only worry is with this unserious present regime. Home is the best. I love Nigeria of old. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Qc1(m): 8:17am On Aug 06, 2016 |
fash78: ^^^ So glad that someone at least feel my pain on what's I've been saying about Alberta economy. L'obatan !!! |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Qc1(m): 8:20am On Aug 06, 2016 |
Demainman1: ^^^ sorry , I don't buy that buddy. Spill it out Mr. "Lagbaja"! Okay.....I will buy you a beer, who are you? ... ![]() ![]() ![]() . |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Qc1(m): 8:25am On Aug 06, 2016 |
gabbytabby: Thanks for your input madam. Much respect ma'am. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Demainman1: 8:27am On Aug 06, 2016 |
Qc1: I no be Brabus brother. Check my profile. I don't mind the beer o o ![]() ![]() ![]() |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by abdulwastecx(m): 8:33am On Aug 06, 2016 |
abouzaid:k ![]() Eng abouzaid, we do use this material for concrete batching expecially for bungalows foundation and lintel in suleja and it gives certifactory results. But it is not really desirable for concrete where higher strength is required because of it dust content. That coarse aggregates is called all in one aggregates and can only be use for bungalow where high strength is not desired. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mavverick: 10:01am On Aug 06, 2016 |
I dey enjoy Chief commander Obey the things they say na ari kogbon. I wish people listen to them a lot especially the dating site generation. That way they will not be exibiting gutter behaviour here on NL. EgunMogaji: 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mavverick: 10:03am On Aug 06, 2016 |
Isn't Oturkpo now present Edo abi na delta ? mufutau55: |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ottersberger(m): 10:13am On Aug 06, 2016 |
mavverick: Oturkpo is in Benue State. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by abouzaid: 10:51am On Aug 06, 2016 |
abdulwastecx:thanks a million, that's my views too based on the abstract from research publications and real world observations but i have learnt to always seek a second if not a third opinion on every thing. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by erico2k2(m): 11:08am On Aug 06, 2016 |
EgunMogaji:My dad had the LP, back in them days I was thinking what a sad song lol now I know better,I remeber me trying to salvage some of his old LPs when I came of age lol |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mavverick: 11:47am On Aug 06, 2016 |
Talking of LP's, does anyone still listen to them ? My dad does have a lot of it, but I dont know if they are still salvageable, the sight of the turn table does bring back some good old memories. If not for the b**stard asshats who stole our LP complete system back in Lagos. erico2k2: |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mavverick: 11:50am On Aug 06, 2016 |
Madam I thought you are fully/semi retired ? If you dont mind me asking, was your nija income primarily rental income ? Na people like you suppose dey head FHA (federal housing authority). I dont know if it still exist. gabbytabby: |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mufutau55(m): 12:39pm On Aug 06, 2016 |
Qc1: Sure why not.. I am not far from Bronx Zoo.. as long as its on weekend. I work week days. You already have my contact info. Keep me informed sir. Hajji M. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mufutau55(m): 12:43pm On Aug 06, 2016 |
mavverick: It may be so sir. I am lost since the many states creation. I always look at map to see the location of each state now. Thanks. Hajji M. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by papinx(m): 12:50pm On Aug 06, 2016 |
mufutau55: Thank you sir. I saw your vote ![]() |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gabbytabby: 1:06pm On Aug 06, 2016 |
[quote author=mavverick post=48240473]Madam I thought you are fully/semi retired ? If you dont mind me asking, was your nija income primarily rental income ? Na people like you suppose dey head FHA (federal housing authority). I dont know if it still exist. [/queote] primarily rental and that is why I no dey smile with those way no pay up. I also do consultancy. Very minimal cos I know want unecessary 9ja stress. if I review my medium term plans and I decide to spend longer than my current plan. Then I might get into agriculture. I still get school age children so person no fit fully retire oh. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Qc1(m): 1:31pm On Aug 06, 2016 |
mufutau55: Yes sir....I'll surely get back to you as soon as I know the exact date. Thanks. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mavverick: 1:33pm On Aug 06, 2016 |
@Madam Gabby Well done Madam At least you can serve as an inspiration to some who do nothing with their lives, they want to wreck havoc on NL, as if anyone really cares. I just find the whole thing really laughable, and I cannot stop laughing at their stupidity, Haji tell me who is disturbing you I can end their career looooooooool, when their age groups are running Goldman Sachs, dem dey create monikers like as if say na paper. You must have a very healthy rental portfolio, I dont believe this is just 2 in Lagos oo, I am thinking you might be one of those landlords who only accept dollar "Awon ti Parkview" ![]() [quote author=gabbytabby post=48243044][/quote] 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mufutau55(m): 2:35pm On Aug 06, 2016 |
mavverick: Yes o. Some people like me... but I no be old-timers o. Below is some of my collections still being played on the weekend for old time sake. I have two good DJ Style Phono that I played them on. Although I have most of my collections converted to digital, I still like to hear the scratchy noise on the LP like the old days... Hajji M. 1 Like
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Chekitaut: 3:28pm On Aug 06, 2016 |
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Nobody: 3:30pm On Aug 06, 2016 |
Qc1: Oh I invest alright, but just not in Nigerian rental properties. Too much wahala for the little gain (pride notwithstanding). |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by 3strikes: 3:42pm On Aug 06, 2016 |
It’s mighty easy to justify dishonesty if you make your living from it. The subconscious mind makes no moral judgments. If you tell yourself something over and over, your subconscious mind will eventually accept even the most blatant lie as fact. Those whose lives and careers have been destroyed by dishonest behavior began the process of self-destruction when they convinced themselves that one slight infraction of the rules wouldn’t matter. When you sell yourself on an idea, make sure the idea is positive, beneficial to you, and harmless to others. Just as negative thoughts and deeds return to their originator, so do positive ones. When you practice honest, ethical behavior, you set in motion a force for good that will return to you many times over. Good morning from Central time ![]() 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mavverick: 5:52pm On Aug 06, 2016 |
Wise words for naughty boys, I hope they are reading. ![]() There appears to be peace here afterall, not the they promised. Lets keep it that way. 3strikes: 3 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by mavverick: 5:52pm On Aug 06, 2016 |
Wise words for naughty boys, I hope they are reading. ![]() There appears to be peace here afterall, not what they promised. Lets keep it that way. 3strikes: 3 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by diordaves(m): 6:48pm On Aug 06, 2016 |
The question Qc1 posed is really pertinent and relevant. In fact it's not all about Qc1 alone, the question is for all of us in the diaspora: How do we retire constructively back home. Lets use Qc1 as an insight; if Qc1 doesn't have anything at all, he's got assets of near 30 million going by information here on Nairaland. Now this same guy wants to go back home and we are all on edge; please think well is the mantra. So a diaspora with assets running into N30 million cannot retire back home safely, is that what we are saying? YES! that's the verdict. But is the verdict or fear unfounded?.........No the fear is not unfounded. It's real. The truth is, Qc1 representing almost all of us in the diaspora is a victim of this same folly: investing too much and invariably tying too much saved up capital in non wealth creating asset like retirement homes. Speaking hard core economics, if you are a normal, hard working 9 - 5 office worker or even shift worker with a "normal" pay and the usual bills, spending an average of N27 million on a retirement home is way too much. It does not make any economic sense. How? So how can we retire back home effectively? To answer this question we need to deconstruct the retirement plans available to us in the diaspora in North America and in Western Europe. In this deconstruction, we will use Hajji M as representing the diaspora in the USA, Qc1 representing Canada and my humble self representing Western Europe. In the USA, unless you work in Federal or local government, there is no effective life long retirement plan as we know pension in Nigeria. In the US you have what is the 401k plan and if pursued to fruition has a semblance of a pension. The 401k plan in summary is a retirement pot you pay/contribute into and the government matches your contribution. So if you pay in $100 a month, the government matches that but it is highly flexible which means you may withdraw money at any time but with serious tax implications. There are also other companies that may give you stock options; this means your future is tied to the well-being of the company. If the company stock grows, the stocks allocated to you grows and your pension is secured. But if the company stock goes down..............This means that if you are a diaspora in the US who is not into government job, no stock option and no 401K plan, it is safe to say if you retire back home, there is no pension for you. Same if you've been self-employed. Please note this salient point as we will come back to it. I think Canada is about the same but slightly better. Qc1 fill us in. Western Europe is radically different from America. In countries like Germany, France, Holland, United Kingdom, it is a legal requirement that all MUST retire with a state basic pension. This means you cannot work in any of these countries without a basic pension for life for you or your spouse after you have gone. No matter how small. The debate in Europe is how generous should the state pension be which is a stark contrast with America where it is a clear and present danger that you may go into your twilight years without a pension cover. Lets use my work history to gain insight into the retirement dynamics of Western Europe. I have worked considerably in Germany and built up a half decent "Rente" pension contributions in Germany but I'm now with a University in London. On my current employment with the University I am fortunate to belong to the Final Salary Scheme. This means if I retire with the University I will get a pension close to my final salary. So if for example I am on £45k a year and retire with this salary, I will get same or something close as pension for life and if I'm gone, my spouse/kids. In addition, I will also get hopefully the state pension in the UK and Germany. This means if a diaspora in Western Europe which I to a large extent represent will get a pension "kpata kpata" about £700 a month or more. Though some will get considerably less. £700 at current exchange rate is N350k a month back home. Please note this salient point again as we will come back to it.If Qc1 is in this scenario, with already completed decent retirement home with N350k coming in monthly; go home in peace or is there more? Now lets bring all these together. For the purpose of this deconstruction, we will rule out other possibilities like income from any mortgage that is fully paid or any properties in Nigeria. All we've got is our honest hard work over the years and our wish to now retire back home. So if Hajj M and Qc1 want to go back home there are four possibilities: they have state pension or stock option, or 401k to be liquidated or NOTHING! Now with this scenario, especially the NOTHING scenario, to invest N30 million of life savings into a non wealth creating retirement home and be left with a further nothing as nothing will come in as pension monthly, is way too much. To put this in a clearer perspective, N30 million at N350 exchange rate before Buhari policy is £85,000. This is a lot to pour ALL into a non wealth yielding retirement brick and mortar. When one retires, one downsizes not expand as we do as diaspora as one has possibly 30 years more to live if God pleases our lives to spare. One needs liquid cash to see the rest of the retirement years through. It is criminal to depend on the children for pension. If Qc1 is in this scenario with nothing coming in securely monthly, a retirement home may not help. So the question remains............how should the diaspora retire effectively back home? The truth is, to all intent and purposes a N5 million Bungalow will do the job as a N30 million duplex. That's the inconvenient truth. How? Pour N5 million into brick and mortar and use the remaining N25 million as liquid capital to create wealth back home. TO BE CONT'D 10 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Demainman1: 7:04pm On Aug 06, 2016 |
^^^^^^^ correct guy |
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