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Nairaland Forum / Nairaland / General / Properties / I Need Advice Please Renting Out My House (15088 Views)
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Re: I Need Advice Please Renting Out My House by Stevenbright(m): 2:10pm On Jun 15, 2023 |
theophorus: In addition to these, those guys can use the property as a collateral to collect loan as though they own it. 2 Likes |
Re: I Need Advice Please Renting Out My House by phemmyfour: 2:10pm On Jun 15, 2023 |
eni070:Never Only get a tenant that's going to live there. Besides, the original purpose of the building isn't for commercial 4 Likes |
Re: I Need Advice Please Renting Out My House by kernniejay(m): 2:10pm On Jun 15, 2023 |
Rent it out before it becomes a hide out for kidnappers and armed robbers, or better still, a habitat for reptiles that will be terrorizing the neighbourhood. |
Re: I Need Advice Please Renting Out My House by Noblegraphix20(m): 2:10pm On Jun 15, 2023 |
Foodqueen: Then you will end up renovating it with your money when that place finally develops after decades.. Abi u think the house will remain the same? 2 Likes |
Re: I Need Advice Please Renting Out My House by ObaaOfYorubaLan: 2:12pm On Jun 15, 2023 |
eni070: From brown roof Ogbomosho to Lagos state right?
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Re: I Need Advice Please Renting Out My House by hardon1(m): 2:13pm On Jun 15, 2023 |
If the amount is cool, rent it out with a standard agreement and that they won't make any modification on the building |
Re: I Need Advice Please Renting Out My House by Meteng: 2:29pm On Jun 15, 2023 |
VeryWickedMan: |
Re: I Need Advice Please Renting Out My House by MechanicMike: 2:53pm On Jun 15, 2023 |
frozen70: YOU AGAIN!! Fango or Fangtom or wotever yor IBO name is...anyways bae..am in Marrroit hotel right now. can u come down & do u were mini sket please?..and please hurry soon please. when can u come by please & wot time please?(no oofeinsce) |
Re: I Need Advice Please Renting Out My House by rickleye: 2:58pm On Jun 15, 2023 |
TotalWomanTV: Exactly get a lawyer involved and try it out on year basis if it works out then long term |
Re: I Need Advice Please Renting Out My House by Kobicove(m): 3:09pm On Jun 15, 2023 |
I would not advise that you let it out to a hospital 3 Likes |
Re: I Need Advice Please Renting Out My House by brightDdon(m): 3:13pm On Jun 15, 2023 |
Noblegraphix20: Ok if you say so. |
Re: I Need Advice Please Renting Out My House by Abujaexpress: 3:22pm On Jun 15, 2023 |
eni070:If it's in Abuja, I can help you manage the property |
Re: I Need Advice Please Renting Out My House by Psoul(m): 3:33pm On Jun 15, 2023 |
eni070: If you're going to rent it out for business, make sure you're not going to make use of that place in the near future. This is because, when that business is well known with that address, it will be very difficult for them to move out from there to a new location. 3 Likes |
Re: I Need Advice Please Renting Out My House by abobote: 3:36pm On Jun 15, 2023 |
Personally I won't rent my house out for clinic, except I'm sure I won't come stay in the house again |
Re: I Need Advice Please Renting Out My House by Pootle: 3:41pm On Jun 15, 2023 |
if you wise avoid renting your property to a clinic, look for some that will live in it 2 Likes |
Re: I Need Advice Please Renting Out My House by Jaybee3456: 4:13pm On Jun 15, 2023 |
When my father decided not to rent his house to the clinic people we all thought he was deluded or something cos the rent money was quite high.. but now our eyes have opened, OP if you no go ever live for that house be my guest and go ahead but if eventually you will better take heed. 2 Likes |
Re: I Need Advice Please Renting Out My House by ALLNIGERIANSMAD(m): 4:39pm On Jun 15, 2023 |
eni070:what ever your decision is, one thing is constant, if you rent it, it will keep appreciating, if you don't rent it, it keeps depreciating |
Re: I Need Advice Please Renting Out My House by Foodqueen(f): 6:05pm On Jun 15, 2023 |
Noblegraphix20: Then u don't know anything. How long does it takes a developing site to be fully developed. |
Re: I Need Advice Please Renting Out My House by Blazadenise(m): 8:03pm On Jun 15, 2023 |
Renting it out is absolutely fine, but not for medic purpose abeg.... |
Re: I Need Advice Please Renting Out My House by greggng: 8:26pm On Jun 15, 2023 |
Shopable: I use to think like you untill robbers visited me 3 times . You will t be the same again ...your mental health will be at stake ...you will regret living in such area . Safety and security is very important in life ..imagine someone raping your wife and daughter infront if you ... 2 Likes 1 Share |
Re: I Need Advice Please Renting Out My House by malali: 8:42pm On Jun 15, 2023 |
Shopable: I am happy to see there are Nigerians with these mindset. What would be your recommendations for a 2 acre property outside the city, in Nigeria, preferably in the northern side kwara, Niger upwards . About 1-2 hours to a major city, safe serene ?? 2 Likes |
Re: I Need Advice Please Renting Out My House by fineboynl(m): 8:47pm On Jun 15, 2023 |
No. Only rent it for residence purposes. Except you don’t plan to use that house ever again. Even if the hospital packed out. It will be difficult to see who will rent it again for residential purposes. Building should be build for hospital and not rented to hospital. |
Re: I Need Advice Please Renting Out My House by oduz: 9:05pm On Jun 15, 2023 |
OP .... Golden rule of Assets & Liabilities ... LET it out to yield income, that's what makes it an ASSET otherwise it will remain a LIABILITY (because it will consume taxes at least.... Meet to interview your Prospects before they become Tenants ... You are safer with Professionals like Doctors, because they have a Code of Ethics & a License to loose ... Beyond the basic Rent, charge a refundable Caution fee (so you won't need to have to chase them to effect repairs when the rent lapses .... Engage a Lawyer to protect you well with a well written Agreement well nurtured with essential clauses... Remain where you are, but start investing in a new home from rent collected ..... D.m me if u face any challenge .... |
Re: I Need Advice Please Renting Out My House by Coolgent(m): 9:08pm On Jun 15, 2023 |
OloYeOfEgbE:What is dubai style of land leasing? |
Re: I Need Advice Please Renting Out My House by tunize(m): 9:22pm On Jun 15, 2023 |
Shebi you built a 3 bed room, just watch and see how the clinic will partition your apartment into something else. Better rent am give family to stay |
Re: I Need Advice Please Renting Out My House by Shopable: 9:32pm On Jun 15, 2023 |
greggng: True. But u don't go Karu lafia road and build the only duplex in the area and expect not to have robbers visiting you. The key is having roots in the community. Understandstanding the risks. Support the vigilanteee groups. They fit even make u councilor or HOA member if u play ur card right. I know people from the east who live in some inner villages up north like this. Them dey be councilor. HOA members. Community reps etc. Cus the community trust them to represent them well. Life na brain brain. Even in the town. E get as u go flashy reach. Men of the night go track u for kidnap or outright car snatching. The key is being humble. Being part of the community especially if u are a stranger. Be humble. It's even the religious thing to do. 2 Likes |
Re: I Need Advice Please Renting Out My House by Shopable: 9:35pm On Jun 15, 2023 |
malali: Depending on you. There's lots of factors to consider. Such as your means of livelihood (if you work remote. Perfect) Your children age and the kind of education you want for them. Real wealthy (think ote$ or Elon Musk, their children are home schooled and then sent to boarding for higher education) Then. D only question should be. Do you want to enjoy a serene life like our ancestors? Or you want to park urself like sardines in apartment buildings and be breathing dirty air in overcrowded cities? Your answer is as good as mine is |
Re: I Need Advice Please Renting Out My House by Olaideolayemi(m): 11:59am On Jun 16, 2023 |
Considered the spiritual nature of the house.. Gives to a families or a business enterprises..Not medical where different spiritual works always goes.. |
Re: I Need Advice Please Renting Out My House by kanewilliamson2: 12:37pm On Sep 21 |
When renting out your house, it's important to consider both the suitability of the tenant and any potential impact on your property. Given your concerns about the Medic people—such as handling blood, modifying the building, and dealing with medical waste—it's understandable to be cautious. Before proceeding, ensure that the tenant complies with local regulations, including obtaining a Vacation rental license if necessary, which will provide legal protection and help ensure proper property use. 1 Like |
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