QS Femi.. please don't stop your thesis on how to engage on serious builds.. taking notes there

I have a question please.

If someone wants to do a serious build, not kobo kobo build, but like a turn key, how do you invite bidders to bid? Where do you advertise for bidders? Or you will approach Julius Berger and ask them to quote and then approach other people one by one? Then how are you sure you got the best architect, or builder if it is limited to those you know?

Then will one company design and build or you have to get design separate from build?

A house is an investment. And an asset. It may not be the most profitable investment particularly if it is owner occupied and in some instances, with more profitable options, makes sense to actually rent rather than own.
But it is an investment. Not all investments give returns immediately. If I bought a plot of land and just left it for 20 years, it would have earned me nothing in 20 years but I may be looking forward to a huge payout at the end. That would be recorded as an asset on my balance sheet. Same with a house I live in. Capital gains at the back end may be the reason for investment.

That said, a few years ago, when interest rates were 18%, I sold a house and put the money in the bank. The returns on the money was more than any capital appreciation or rent would have given me. At that time, cash was a better store of value. Not now though. Returns on cash is much lower than inflation. So cash in hand is while still an asset, may be a negative asset.

Forex also is a good store of value and a strong bet since we know that the economy may still need further devaluation. So saving in dollars may be a better option particularly for those with dollar expenses eg children in school etc.

Investment in gold, ( those gold earrings your wives love are an investment, even as they enjoy wearing them about) is also a sure thing

Bitcoin for those who have the appetite for risk

Etc etc.

Decisions on the most optimal vehicle depend on the time and circumstances. The right choice in 2015 may not be the right choice in 2018.

But that is why hedging and diversification comes in. Dont put all your eggs in one basket.

Please any carpenter who works around ajah area here? Please send dm if you are available.......

Hello everyone.

Just realised that I haven't been getting any dividends.

Filed all the e dividend forms back in 2018, and submitted but they were clearly not processed.

I would like to have someone who has contacts with the registrar's, and can do the leg work help take my forms round. They will help get all necessary documents and follow up with the registrar's to get the forms processed.

I also have a number of friends in same shoes so if the person is good, there is certainly repeat business for them.

Is anyone here into this or interested in doing this? Will need references.

Please I want 20 ton of sharp sand and granite in sangotedo. What's the price like, and who can supply? Also want 1 ton of 12 inch iron rod.

Hello house. I need a great architect. Will like you to come with references and pics..

Can someone post the current prices of building materials or point me to where I can get them?

I have not been on this site in over 2 years.....but I knew hajj when I was here and seeing this thread made me sign in sharply. Respect Sir!

Hmmmm. Where do I start? I met many many people here and I was encouraged to go into a building project.....and I worked with many contractors I got from here...... A lot of bad experiences from the ones known to dissapoint constantly and some from some supposedly reliable people. That's why I didn't bother coming back. I had suppliers fail, contractors and many others messed me up, with many long stories.

I thought about calling names but it's not worth it. One thing is I will never call you or refer you to anyone and I have moved on.

I also had contractors from elsewhere who messed up so it wasn't peculiar to this group. Even trusted 'family' members sef. No family in business.

My biggest learning was that if you intend to build make sure you have time to supervise yourself. If you don't have time be ready to pay 50% more. And get 50% less quality. Almost like just pouring away money.

Collision is the normal thing and workmen all believe that a man must chop where he works.

Thank God that phase is over..