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Nairaland Forum / Nairaland / General / Properties / General Topic Thread-To Discuss Anything And Everything in Building Construction (4676187 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 diordaves(m): 12:21pm On Apr 30, 2021 |
n3xt: I know I said I rest my case but........................... I will not comment on your adoption investment strategy. That is some wack economics. You and this maintenance of a thing. I don't know the house you've built for your family and I don't know the kind of houses you build for your clients. But take it from me: Any house (normal family residential) that you spend more than N100 per month on maintenance is not a properly build house. A properly built house runs itself maintenance-free for years!!!! A shared apartment in Lekki (as you no let us rest with Lekki) will set you back about say N100, 000 a month ( I'm going by the figures you've posted here in the past). So I repeat myself: any house you build for your client or for your family that they need to spend 100k per month for maintaining the house is not a properly built house. So I'm struggling to see the scenario where rent is cheaper than living in your own home because the cost of maintaining the home is killing. Which kind house be that and who build that kind house? Mind you, the above is said with a proviso that you "deeply understand" what maintenance is and you will carry out research (google) on maintenance. ![]() 9 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 12:23pm On Apr 30, 2021 |
n3xt: And they are legally married? 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 12:27pm On Apr 30, 2021 |
diordaves: Let’s push it to 250k per month sir and N3m per annum. It’s still cheaper than living in a N40m house because people like us knew exactly what to do with 35m that will yield 50% ROI within a year. We’d comfotable doing this in any location ![]() ![]() Be it in our own house, a hotel or a rented apartment. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 12:28pm On Apr 30, 2021 |
somehow: Yes. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 12:29pm On Apr 30, 2021 |
n3xt: Uhm, you see nothing wrong in this? 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by twinskenny(m): 12:29pm On Apr 30, 2021 |
somehow:lol I doubt it 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 12:31pm On Apr 30, 2021 |
n3xt: What if the person living in a 40m house owns multiple houses raking in the so called 50% ROI? To rake in 50% ROI yearly, you must have first recovered the amount spent on building the property(ies) which can't be done within 5 years. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 12:31pm On Apr 30, 2021 |
twinskenny: They’re not just legally married. The wife is a lawyer and the husband is a popular pastor. How about that? somehow: I wasn’t looking for wrong or right. I was engaged to do a job. 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 12:32pm On Apr 30, 2021 |
twinskenny: I thought I was alone in the confusion o 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 12:33pm On Apr 30, 2021 |
n3xt: yea but to me, this isn't a marriage. why is she not borrowing him money to complete their permanent home instead of borrowing him money to pay rent? 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 12:34pm On Apr 30, 2021 |
F somehow: I think we are talking about someone who have N40m and push all into a house and call it investment. Investment bawo? I can give you 2 major examples of projects that recoup their investment within 4 years. They’re here and I can share the addresses. Both of them are terraces. That’s the hint. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 12:35pm On Apr 30, 2021 |
somehow: Well! Let’s end it here. You don’t want to know. The question to ask here is “How can a man sold a house for N150m 7 years ago and can’t build another one? That should give you ideas of why the woman need to act the way she did. 6 Likes 1 Share |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 12:36pm On Apr 30, 2021 |
n3xt: Okay, wouldn't be nice to spend all you have on building a house. This is where money management and financial literacy come in. 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 12:39pm On Apr 30, 2021 |
n3xt: But she got 24m from it... A man that could sell a property worth 150m (except he inherited it) can't be said to be a spendrift though without brains ... But then their cup of tea... 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 12:41pm On Apr 30, 2021 |
n3xt: Break down the possibility of recouping your investment in 4 years on a landed property (building). I want to learn.. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 12:43pm On Apr 30, 2021 |
somehow: The N24m was a loan refund to the woman. Make I no lie, men sabi fuckup. Let’s talk construction. #weatherproof flat roof next big thing on my mind. Nothing wey builder no go see for construction site. 3 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 12:48pm On Apr 30, 2021 |
somehow: That one no dey free o.... but if the money is right I can show you the numbers and give you 3 case studies where this has worked in Agungi/Lekki/Ajah axis. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 12:50pm On Apr 30, 2021 |
@Horlardorjah I’m doing my atrium in coming week. Check out my proposed fiberglass gutter design. #weatherproof #flatroof 2 Likes
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 1:01pm On Apr 30, 2021 |
n3xt: Can you point out the 3 case studies you said is in public domain or not free too? ![]() 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Horlardorjah(m): 1:05pm On Apr 30, 2021 |
n3xt: the pieces coming together, another banger incoming! well done baba 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 1:08pm On Apr 30, 2021 |
somehow: The information is free on my thread but not all the case studies are covered on the thread. www.nairaland.com/brabus |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by somehow: 1:24pm On Apr 30, 2021 |
n3xt: Okay |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by sgtponzihater1(m): 2:35pm On Apr 30, 2021 |
somehow: Unfortunately this is the story of thousands of men. Working their backs off some to breaking point to maintain the near scam called African Marriage. Even more pronounce outside Nigeria where when hustle the monthly rent themselves in the name of a man providing for his household while a frugal lady stashes her cash up. Morality in this case is a discussion for another day, but it's no business of the contractor to show emotions or call the lady to order. He could pick a lesson or two for his own or to share to so other comrades to learn, but sadly it ends there. A business man is no moral police. 6 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by SeniorGee(m): 2:39pm On Apr 30, 2021 |
Still available Treat your septic tank Degrades all forms organic waste Make it environment friendly Remove odours No more pests... @ #3.5k per serchet 1 Like
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Dennis3D(m): 2:47pm On Apr 30, 2021 |
n3xt: That's very nice of you to achieve. One has to think outside the box to get those right. Thumbs up 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Blessedsunny2(m): 3:24pm On Apr 30, 2021 |
Successful supply Spanish tiles 60 by120 price 8,500 Blessedsunny2 � 1 Like 1 Share
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bixton(m): 3:35pm On Apr 30, 2021 |
diordaves: So as a trained economist and trade consultant can you give us your personalized definition of what an "investment" means ? It seems your explanation is an advanced level of investment. Maybe those type done at the PhD level. 1 Like 1 Share |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bixton(m): 3:46pm On Apr 30, 2021 |
sgtponzihater1: Everything is done from the traditional perspective of defining things. They are just fond of changing the narratives even in the most simple things. I guess when the child inherits the private build and puts it out for rent it qualifies to be their definition. 1 Like 1 Share |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bixton(m): 3:53pm On Apr 30, 2021 |
diordaves: Please explain what maintenance means as regards the subject discussed or from an economist view point? |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bixton(m): 4:01pm On Apr 30, 2021 |
SeniorGee: So you mean with this the septic/soakaway tank does not need to be evacuated for those that get filled............ So what's the duration after first usage and how is it used... |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by flexyonline: 4:23pm On Apr 30, 2021 |
Painters in the house, please what is a good rule of thumb for the volume of paint per sqm for a house. Also, if anyone is interested in quoting for a project, please let me know. Thanks |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gbadexy(m): 4:33pm On Apr 30, 2021 |
flexyonline:What type of paint do you want to use. Experience has shown that you can get more spread by using a primer first before painting. The primer would act as the sacrificial coat and the wall would absorb the primer and get stabilized. That way, the more expensive finish paint isn't overly absorbed and it won't peel easily. 1 Like |
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