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Nairaland Forum / Nairaland / General / Properties / General Topic Thread-To Discuss Anything And Everything in Building Construction (4683457 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 Born2conquer: 10:40am On Dec 05, 2021 |
topsy23:3m yearly even after selling the land |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Greenarrow01(m): 10:44am On Dec 05, 2021 |
AngelicBeing: Na why she be better pikin ![]() ![]() ![]() ![]() I was the house captain of miller house The sch is nothing to write home about Since when maiwada(colio) left that place 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 10:54am On Dec 05, 2021 |
topsy23: I think I know the estate. If it’s the estate I think it is, I believe the yearly service charge is fair for what the estate is offering. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by twinskenny(m): 11:10am On Dec 05, 2021 |
Born2conquer: Did electrical installation for an estate around makoko Yaba lagos… service charge yearly is 1.5m…that doesn’t include fueling generators though |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by AngelicBeing: 11:12am On Dec 05, 2021 |
Greenarrow01:It seems we have alot of Zaria / KADUNA ( brought up / grew up / Worked / born people on this thread led by honourable OTUNBA Hajj Mufutau55, what a small world we live in, who knows maybe in the future we might be investing in a Zaria real Estate projects, fingers crossed till then ![]() 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by topsy23: 11:15am On Dec 05, 2021 |
Born2conquer: 24hrs power supply, water and security fee |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by topsy23: 11:20am On Dec 05, 2021 |
n3xt: Immediately after Ajah bridge by the right . The environment is nice but still have alot of available plots that are not yet taken. Money is good anyway . We did an MEP installation for a politician inside the estate. The man spent millions on that project. Every single item brought from abroad. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by sgtponzihater1(m): 11:34am On Dec 05, 2021 |
topsy23: Still does not justify 3m yearly. I may be wrong though. 5 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by BiigTee: 11:37am On Dec 05, 2021 |
Royal garden estate! topsy23: 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by topsy23: 11:40am On Dec 05, 2021 |
BiigTee: Yeah |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by twinskenny(m): 12:15pm On Dec 05, 2021 |
sgtponzihater1:if fuel is inclusive I think it worth it… running generator 24hours no be sma 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 12:26pm On Dec 05, 2021 |
topsy23: The houses in that estate are something else entirely when it comes to finishing. The least finishing you’d see there is over #120m |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by topsy23: 12:54pm On Dec 05, 2021 |
n3xt: Yeah you are right |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kopell: 12:58pm On Dec 05, 2021 |
AngelicBeing:Same of us here as root growing up in Kaduna. I’m one central Tudun wada , and Lagos. I remember when Hassan Usman Kasitna ordered pulling down entire Mondo town where my dad just finished building his mansion then. They claim the land belongs NDA. Years later it’s was just a trees planting field. Nigeria government on land wahala to much. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kopell: 1:04pm On Dec 05, 2021 |
topsy23:Imagine 200 million for land and we are still talking about generator, what a shame. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by AngelicBeing: 1:13pm On Dec 05, 2021 |
Nero2424: Juju ke, I don't think any Juju was involved in her statement, she follows this thread and I think she has seen & read the good, bad and ugly on this thread. We have some Engineers / building Contractor's with track records of credibility / project delivey without any single complain from clients against them here that you can pay 50million into their account and go to bed without blinking an eyelid and they will deliver your project / house to you without kulikuli stories while at the same time, you also have funny, shady, dodgy characters on here that are wolves in sheepclothing, you give them ordinary 10million Naira to start a building foundation and stories of how Nigeria got independence in. 1960 will start oozing out from them. Before you engage anyone here carry out due diligence, ask lots of questions both online / offline from different people before you part with your money because we have so many people with dead conscience, once money enters their hands they become something else ![]() 11 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by GoodFaith: 1:16pm On Dec 05, 2021 |
kopell: 200m naira is about $365, 000.00 ( just Land ) Nigerians keep robbing each other 8 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by GoodFaith: 1:25pm On Dec 05, 2021 |
kopell:You are very correct Let us say SOME cities in US House $60K Monthly rent $1k Total for one year $12K Can $60k get you dry land and build four flat in lagos? What will be the rent for the four flat ? let say total N2.2M If you get your rent N2.2M is $4,500.00 People use your head , I know better |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kopell: 1:43pm On Dec 05, 2021 |
GoodFaith:Imagine that humongous amount of money, when it’s Naira many people don’t pay attention to how huge it is, until it’s converted to dollars everybody eyes open wide. That amount of money can buy you an average of two family home with average retail income of about $18,000 a year and the landlord may live there rent free for the remaining of his life without owning generator. That’s just for land in Lagos even after all that someone will still be milking you in the name of service and charge up to 3m per year. We are our own problem, people just keep ripping themselves off thinking they are building life when in fact they are building hell for generations to come. I hope the bubble doesn’t burst soon because there’s a limit to how far you can push people: 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Godisgreatest1: 1:55pm On Dec 05, 2021 |
rotecch77: Please is this screeding or just plastering? |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by topsy23: 2:02pm On Dec 05, 2021 |
kopell: What of banana island .700-850million naira 4 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bolu1986(m): 2:09pm On Dec 05, 2021 |
We do pop right… we do screeding and tv wall designs too… We can travel too Check put our thread https://www.nairaland.com/6564561/pop-design-tv-wall-installation/48
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by rotecch77(m): 2:32pm On Dec 05, 2021 |
Godisgreatest1: It’s plastering only |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by rotecch77(m): 2:36pm On Dec 05, 2021 |
Badgers14: Someone asked same question sometimes ago. Actually it’s part of there daily routine. But you know Nigeria workers you need to give them token or incentive at times to make them happy 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kopell: 3:00pm On Dec 05, 2021 |
rotecch77:I'm the one. I also recommend same to other builders here to emulate. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Abudu2000(m): 3:01pm On Dec 05, 2021 |
BiigTee:did a design for a client there since 3months ago, till now i never chop the money finish ![]() ![]() 7 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by rotecch77(m): 3:11pm On Dec 05, 2021 |
kopell:Oh yes I can remember now Thanks sir 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kopell: 3:14pm On Dec 05, 2021 |
topsy23:Tope I beg you please don't blow my brain up with those numbers. I was there last year rented one small room AIRBNB for $150 per night, naw same generator. The only good thing there is fiberoptic fast internet, which is normal thing in the west. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kopell: 3:21pm On Dec 05, 2021 |
Abudu2000:My brother that is part of your money wey supposed to be your right na him you the chop so ooo. keep choping it jare, those people no mean well for our people. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by micgray100(m): 3:46pm On Dec 05, 2021 |
AngelicBeing: I will ready to help freely in Zaria real estate.. I am firmly on ground.... Graceland, Zaria... 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by sonnie10: 4:37pm On Dec 05, 2021 |
GoodFaith:Please where do you get a house of $60k in the US? Even condos are over $150k in most cities. Lets for the seek of discussion even assume it is possible and you get $1k rent monthly from it which is $12k a year This is what happens to the 12k You pay about 3% city tax on the value of the. Your example of $60k house that $1800 You pay about 22% income tax on the $12k rental income that is $2640 a year Property maintenance (Lawn and misc ) $1000 Property manager 10% of the 12k ----------------------------------------------$1200 Home owners association --------------------------------------------------------$500 Total --------------------------------------------------------------------------------------$7140 Therefor $12k minus $7140 = $4860 $4860 is the maximum amount you would have left from that $12k. Addendum I forgot to add that you need and must have Property insurance of about $100 monthly. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Charisdesigns: 4:56pm On Dec 05, 2021 |
sgtponzihater1:648 SQM |
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