freeman67:



Sorry my reply is coming late. Have been away from my phone since morning because I have been busy and also because the phone was giving me headache. Thank God you got an instant reply from emmasoft. Today is the last day of subscription as advertised. I believe you acted with the reply he gave you.

Yes sir, I was able to it.

Crude about to hit 40 dollars...speculators hope u are ready

MrMcJay:


See, let me tell you, in all the properties my clients bought with sitting tenants, none of the tenant has left as at the time promised, not a single one. Even a property where the seller was living with his family, he extended his stay. It was when we withheld his balance payment that he moved out. There was another tenant that reported the seller to the police. This was a tenant that was owing 3 years rent.

What I usually advise is that if one wants to buy a property with sitting tenants, what to do is to ask the seller to eject all tenants and deliver up completely vacant possession. Meanwhile, pay about 60% of the purchase price and prepare a Contract of Sale signed by the seller. The remaining 40% would be paid whenever all the tenants are out.

Hmm So who would be collecting the rent pending when tenants move out? Assuming it took them 2 years to move out?
Or you leave your millions with seller at no interest?

The current crises in America has shown that no system is perfect any where in the world and the need to build Nigeria or Africa cos it seems Racism is not yet over and not in a 100 years to come

A lot of countries are selling at $21 still, even if the price hit $60 per barrel, the purchasing power of the buyer decides who sell first in a saturated supply.

Nigeria is losing revenue from oil even at $40 per barrel, this reduces income from Forex and forces Naira to decline more. Plus the artificial induced dollar scarcity by black marketers, we are in deep shit.

ahiboilandgas:
Crude about to hit 40 dollars...speculators hope u are ready

ahiboilandgas:
Crude about to hit 40 dollars...speculators hope u are ready

Increase in Crude price may not save us from more devaluation for now. Dont forget that we have cut the quantity produced like other oil exporting countries hence reduced revenue is the reality,furthermore there are backlogs of cargoes on the high seas that needs to be sold.

Things should look better for our FX in 1 to 2 years when Oil price goes back to $54, Quantity produced goes up and Dangote Refinery kicks off. CBN doesnt have the dollars to do squat for now.

Pls can u tell me how u get it cheaper

Tobex4realTobex234:


Who I be?

I am just saying if I need 5,000 dollars today for personal use, why will I go to black market biko?

When there are options to get it at 420, 430.

So when I look at USD rate, nothing concern me with black market.

covid2019:

Hmm So who would be collecting the rent pending when tenants move out? Assuming it took them 2 years to move out?
Or you leave your millions with seller at no interest?

Pending when the tenant moves out, no one collects the rent. If he seller collects rent, it creates a new tenancy term which must be completed before the tenant moves out for the buyer can take possession. That is why as a buyer, you must ensure that you talk to the tenants and tell them the property is for sale. Also, confirm from them when last they paid their rents. If someone is an annual tenant and he paid his rent in May but you want to buy that property in June, you would have to wait for a year till 2021 before you can take possession. It is always good to talk to the tenants about their rent so that they won't pay another rent to the landlord after you've paid thereby creating problems.

If you have tenants whose tenancy term is yet to expire and you really want to buy the property, buy out the remainder of their tenancies by giving them money to vacate the property and let them sign undertakings to leave on the agreed date. That money is what they use to get another apartment. It is small money but it solves a big problem.

If they refuse to leave after collecting money, that has become a criminal matter. No need to disturb yourself, just report a case of Fraud and Obtaining by Trickery to the Police.

yazga:
They will run and you will never see them again or they give you the number of a family friend disguising as the landlord.

If they run, you're lucky. They are bad tenants.
If they try to give you false info, you can always crosscheck online.

emmanuelewumi:



Don't mind IKEDC how can one by pass the pre paid meter, that is negligence on their own part. What is she using in the house that will warrant energy consumption of 150k? They are out to frustrate pre paid meter users, they are very comfortable and happy with the estimated billing fraud which they perpetuate

Sir this is very possible.
I have had this experience when I was an undergraduate.
The flat we were using has a prepaid meter but it doesn't read anything and we had light without recharging whenever there is light.


We all knew about it.The bypass was done by people who handed over the flat to us.


But one day the distribution company discovered it,disconnected us and charged us heavily before reconnection.

drotba:



Sir this is very possible.
I have had this experience when I was an undergraduate.
The flat we were using has a prepaid meter but it doesn't read anything and we had light without recharging whenever there is light.


We all knew about it.The bypass was done by people who handed over the flat to us.


But one day the distribution company discovered it,disconnected us and charged us heavily before reconnection.

The meters are now installed outside the house, at the upper part in front of the house. You don't need to go near the meter in order to recharge it

ojesymsym:
You can tell theory, what you believe should be the case from real life experience from his real estate comment.
Some of the things he has said, no one else has ever mentioned them anywhere.
This may be a faceless forum, but you never can tell who the other person is. You for example may be Nkonjo Wealla I non go know.
That is why I de respect everybody o.

Billionaire ways of life...

emmanuelewumi:



The meters are now installed outside the house, at the upper part in front of the house. You don't need to go near the meter in order to recharge it

So how is the meter now recharged?

drotba:



So how is the meter now recharged?

It has something like a wireless radio technology, which receives signals

Many thanks for the attached. Very much appreciated.

Unfortunately I am based abroad and my contacts in Nigeria have not been able to locate her.

MrMcJay:


What I'll advise you to do is to try to locate where she now lives or works. Then write a petition for Malicious damage, fraud and stealing and send it to the Police. It is preferable that you get the Police to arrest her at her new workplace or home and put her in handcuffs. Let this be done on a Friday afternoon.

By the time she spends the weekend in Police custody and wakes up on Monday, it is either she makes arrangements to pay in full or she is charged to court and remanded in Prison custody. Even if she makes bail, she can't complete the terms in 48 hours and she would taste prison.

For a sample KYC form, I have attached a Docx document to this post, if possible, you can download it and use. In addition, I suggest you request for the contact details of the previous landlord of each prospective tenant and talk to such landlord before letting your house to a prospective tenant.

Telecoms giant, MTN Nigeria has announced the opening of its Commercial Paper (CP) Issuance, a two-part series (180 days & 270 days commitment of N50 billion each) totaling N100 billion issuance today.
The Offer is scheduled to close on Thursday, June 4, 2020.

This issuance under the CP Programme represents MTN Nigeria’s debut in the domestic debt capital market since listing. See below a summary of the details:
Kindly analyze pls

Unfortunately all the professionals involved did not collect any detailed information and I was not in the country when she moved in.

I have her GT bank account however because I needed to transfer money to her for a new water pump. I also have her telephone and WhatsApp number.

yazga:
Facebook
Twitter
Whatsapp
Instagram
The school her children attend
Her church
Her office
Didn't you get her details before giving the partments

emmanuelewumi:



The meters are now installed outside the house, at the upper part in front of the house. You don't need to go near the meter in order to recharge it

In Ikeja GRA, people bypass prepaid meters alot. They can tweak it in such a way that they wont need to buy a lot of units. Imagine a house with AC, Deep freezer, microwave, electric cooker paying a sum of 4k per month on their prepaid meter.

Meter bypass is real. It is electricians that help people bypass

drotba:



So how is the meter now recharged?

You can pay online or go directly to their office

dejiotus:
Unfortunately all the professionals involved did not collect any detailed information and I was not in the country when she moved in.

I have her GT bank account however because I needed to transfer money to her for a new water pump. I also have her telephone and WhatsApp number.

u don catch am be that ..write the petition and send her a copy via was up ...and with a follow up with her employer...she no get garautor

pepper247:

Telecoms giant, MTN Nigeria has announced the opening of its Commercial Paper (CP) Issuance, a two-part series (180 days & 270 days commitment of N50 billion each) totaling N100 billion issuance today.
The Offer is scheduled to close on Thursday, June 4, 2020.

This issuance under the CP Programme represents MTN Nigeria’s debut in the domestic debt capital market since listing. See below a summary of the details:
Kindly analyze pls

Please how do you subscribe and what are the charges?

You have an account number? Ah, you are in luck, she can be tracked na.

dejiotus:
Unfortunately all the professionals involved did not collect any detailed information and I was not in the country when she moved in.

I have her GT bank account however because I needed to transfer money to her for a new water pump. I also have her telephone and WhatsApp number.

That is why they now install the meters on the electric pole, that one is more difficult to by pass because it will be obvious

Emmaesty:
In Ikeja GRA, people bypass prepaid meters alot. They can tweak it in such a way that they wont need to buy a lot of units. Imagine a house with AC, Deep freezer, microwave, electric cooker paying a sum of 4k per month on their prepaid meter.

Meter bypass is real. It is electricians that help people bypass

The huge bill is exactly my case and disagreement with Ikeja Electric and I am hoping NERC will mediate. It is obvious the amount is exploitative but my former tenant played into their hands when she tampered with the meter. My offer to pay a reduced amount was rejected by Ikeja Electric.

There is no doubt however that the tenant was involved in power theft. The electricity purchase activity report apparently revealed she last charged the meter in October 2019 and she was using her AC and other electrical appliances non stop.

emmanuelewumi:



Don't mind IKEDC how can one by pass the pre paid meter, that is negligence on their own part. What is she using in the house that will warrant energy consumption of 150k? They are out to frustrate pre paid meter users, they are very comfortable and happy with the estimated billing fraud which they perpetuate

If my memory is right, Magodo has a special rate because they have a special service agreement with IKeDC which means they pay a premium for more than regular power than other areas.
I think they usually charge that amount to serve as deterrent for would be offenders.

dejiotus:
The huge bill is exactly my case and disagreement with Ikeja Electric and I am hoping NERC will mediate. It is obvious the amount is exploitative but my former tenant played into their hands when she tampered with the meter. My offer to pay a reduced amount was rejected by Ikeja Electric.

There is no doubt however that the tenant was involved in power theft. The electricity purchase activity report apparently revealed she last charged the meter in October 2019 and she was using her AC and other electrical appliances non stop.

emmanuelewumi:


It has something like a wireless radio technology, which receives signals

I guess this is one of the new prepaid meters and it may be impossible to bypass. Unfortunately my prepaid meter is one of the older ones inside the house and I now know that these meters can be bypassed with ease

INVESTMENT

I-investigating and consideration of opportunities (Due diligence)
N-negotiating for the best returns on each move.
V-validating of available data to ascertain its accuracy for right and appropriate decision
E-evaluating options for maximum gain
S-seeking for help where necessary to avoid wrong decision or conclusion
T-transforming cash into asset that produces more assets
M-management of available resources opportunities and capacity for more gains
E-enlarging your circles of the right people (networking)
N-navigating and testing all available money growing options
T-terminating immediately any venture that causes continual losses.

Yes, you are correct and that is part of the reason for the huge bill. Magodo is now on the higher business tariff (about twice the usual amount per kilowatt-hour) and there is power supply usually for more than 20 hours a day

ojesymsym:
If my memory is right, Magodo has a special rate because they have a special service agreement with IKeDC which means they pay a premium for more than regular power than other areas.
I think they usually charge that amount to serve as deterrent for would be offenders.

Emmaesty:
You can pay online or go directly to their office

Wow! Without need of the card

emmanuelewumi:


It has something like a wireless radio technology, which receives signals

Wow!

Thank you sir

Theconglomerate:
If you increase tariffs of certain imports in Nigeria ports,what stops me from importing the produce through cotonou and smuggle it to Nigeria?
That way your customs make zero income from the product you increased tariff on and I still get to sell in your market.

And you would also get to sell the imported product at an higher cost because artificial scarcity would have been created, so who is the looser